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Property Management

Why use Property Management Services?

W hether you are a seasoned real estate investor or a forced landlord, owning a rental property is a big investment that can come with even bigger responsibilities. If you don’t feel confident handling any one of the many situations that come along with being a landlord, it might he prudent to hire a professional  Property Management company. A non-professional landlord making one bad or uninformed decision can easily cost more than years of property management fees, not to mention the time, stress and aggravation involved.

As the markets change, your rental property should be handled like a professional business. Whichever option you choose, Full-Service  Property Management, Flat-Fee Property Management, or Tenant Placement Only, you will receive the best and most attentive service in the industry, delivering you piece of mind that your property is being handled by professional Property Managers.

If you are not sure you need Property Management, ask yourself the following questions:

  • Do you have the proper lease forms and attachments required to create a legally enforceable lease?
  • Are you aware of the fair housing laws associated with advertising property?
  • Do you have the contractors on call 24 hours a day to deal with repairs at a reasonable price?
  • Do you have reliable means to determine fair market rent for your property?
  • Do you have the means to check credit and rental history to screen potential tenants?
  • Do you know what to do if a tenant stops paying rent?
  • Do you have the ability to file 1099s at the end of the year?
If you don’t feel confident answering any of these questions, it might he prudent to hire a professional property management team.

Request a FREE quote for our Property Management services from the top professionals in the industry.. CLICK HERE!

Interested in our process? Please read the step-by-step process below.

01 Step 1: Free Initial Consultation

Remember the tough questions on top of the page? We help answer them, go over our services, fees, management contract, your timeline and market expectations. Whether you decide to hire us or not, you will leave this meeting a lot more knowledgeable about every aspect of property management and your local market.

Please click HERE to see our pricing –

02 Step 2: Preparation for Market

During the initial consultation, we will provide an estimate of everything that needs to be done in order to maximize rent and minimize days on market. It can be anything from cleaning, caulking, painting all the way to more substantial renovation. Regardless of the size of the job, it’s all included in our leasing fee and we just charge for any specialty professional labor (such as painters, plumbers, etc.) and materials to get the job done.

03Step 3: Advertising and Marketing

With the property looking as good as new, we make sure it gets maximum exposure with advertisements appearing on over 20 different websites, such as Craigslist, Trulia, Zillow, Facebook, Hot Pads, and the traditional MLS Service. Our agents perform unlimited showings and open houses until a rental application is submitted.

04Step 4: Tenant Screening

In order to ensure we have the highest quality tenant possible, we carefully examine their credit history, verify income and employment, pull their motor vehicle record, examine previous landlord / personal references, and finally cross check against tenant blacklists and criminal history records.

05Step 5: Lease Execution

We prepare a lease contract fully compliant with local jurisdictional law including any necessary attachments. The lease is reviewed in detail with the tenant as well as the landlord so both parties are on the same page as far as expectations from the beginning. The executed lease is delivered to all parties including the condo or homeowners association if required.

06Step 6: Walk-Thru & Move-In

We help coordinate the tenant’s move to make sure it is compliant with all neighborhood or condo regulations. During the walk-thru, one last set of photos is taken to document the condition of the property at move-in. The tenants will be expected to leave the property in the same condition minus normal wear and tear. At this point the security deposit is collected and the keys are handed over

07Step 7: Continual Maintenance & Rent Collection

We continually monitor the property, perform regularly scheduled maintenance and collect rent on a monthly basis through direct deposit. We are aggressive with delinquency notices and have an excellent collections attorney. Emergency requests for repairs are addressed immediately and non-emergency repairs are performed within 48 hours.

08Step 8: Monthly Reporting to Property Owner

Each month we e-mail an owner statement showing all financial transactions in the last 30 days, including incoming rents, management fees, repairs and owner disbursements. Rental income is sent to owners via ACH direct deposit. With our custom software, we can deliver any report imaginable.

Request a FREE quote for our Property Management services from the top professionals in the industry.. CLICK HERE!

 

Testimonials

My family and I purchased a new home and couldn't sell our old home without "going under water". So, we reached out to several Property Management companies and made our decision to go with Avenue.

Craig M.

Twitter: averealestate

Address

1212 6th Avenue North Suite 200 Nashville, TN 37208
Phone: 615.373.4347
Fax: 877.291.8418

245 West Wieuca Rd NE Suite 230 Atlanta, GA 30342
Phone: 404.551.3788
Fax: 877.291.8418

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