Professional Property Management
Property Ownership
The United States is the land of opportunity where land ownership is a right and usually is stable.
Property Ownership has its responsibilities and can be expensive to operate and maintain.
Advantages
Stable Income Streams
Retirement Planning
Passive Income
&
Return on Investment
Passive Income
&
Return on Investment
Responsibilities
Administration
Regulation
Taxation
Legal
Maintenance
Safety
Administration Taxation
Legal
Maintenance
Tenant Management
Collection of Rent
Collection of late rent penalties.
Compliance to the lease.
Performance of services as provided for in lease.
Resolution of:
Breaches of lease-with Referral to Legal Council.
Resolution of:
Nuisance Complaints – with Referral to Legal Council.
Periodic inspections
Security Deposit Refunds
Calculation of damages
Compliance to Ohio Landlord Tenant Laws
Leasing Services
Marketing & Advertising.
Screen and qualify all prospects.
Showings to qualified prospects.
Verify applicants employment and references.
Solicit applicant’s income documenting.
Make Background checks and Legal Inquiries.
Submittal of rental applications to Owner for approval.
Completion of written lease.
Collection of 1st month’s rent and security deposit.
Compliance to:
Ohio Landlord Tenant Laws
Fair Housing Laws
Civil Rights Laws
Asset Management
Professional Consultation.
Monthly Financial Reporting – Trust Account.
Income and Expense Reporting
Escrow account fund balances.
Administrative Reporting: Tenant activity
Leasing activity
Maintenance requests,
Maintenance
Communication
Maintenance Services
Vacancy Turn-Over Make-Ready.
Cleaning.
Painting.
Repairs.
Emergency Maintenance.