Monthly Management Fee –
$79 per month for single family homes. $65 per unit on duplexes & triplexes. Buildings greater than 3 units will be 10% of gross rent collected. We do not charge a management fee for empty units.
Tenant Placement / Leasing Commission –
One months rent for placing a tenant.
Lease Signing –
$99 fee to renew a lease or sign a lease for tenant coming on board. This is not charged if we just charged you a tenant placement / leasing commission.
All collections we do from emailing notices, to follow up calls, to text messages, to voice broadcasts, 3 day notices and house visits are done with out charge. Evictions are attorney fees, court costs and a witness cost which is ordinarily $375 to $400 in most courts. Some courts require storage and special move out contractors from their own list which can increase the cost of eviction.
Is billed as needed. We don’t have a price table as some costs vary with location and we prefer to keep pricing down. We have an in house maintenance team that is able to handle all of your property needs from a leaking faucet to complete rehabs and everything in between.
Lease Options –
A lease option is like an ordinary real estate sale that is delayed. Because of that we charge a commission. Our total commission is 6%. We collect 50% (min of one months rent) of the non refundable option fee towards our eventual commission when it closes and the balance of the 6% when and if property sells.