Some of the most significant advantages and benefits in partnering with Vision Property Group to service your management needs are:
|
Attracting Qualified Tenants
Advertising is developed, and strategically placed in various local real estate publications. In addition, tenants are attracted through the Multiple Listing Service, Internet, realtor flyers, as well as property signage.
|
|
Performing Background Checks of Tenants
Often, the most important step in the leasing process is a comprehensive verification of a prospective tenant’s background. Areas such as applicant credit, employment, and criminal history are reported through most credit agencies. In addition, cross checks of previous landlords and employers are conducted to further validate an applicant’s qualifications.
|
|
Attracting Qualified Tenants
To protect the owner's investment, Vision Property Group will conduct an inspection of the subject property prior to, as well as after and tenant’s moves. In addition, periodic inspections are made during tenancy as needed or required. Photos and a written report of such inspections can be provided.
|
|
Performing Background Checks of Tenants
In order to minimize maintenance expenditures, tenants are responsible for cosmetic and minor repair issues. Vision Property Group can provide qualified tradesmen at competitive rates for repairs that are beyond the scope of the tenant’s responsibility. In addition, we will consult with licensed and certified contractors when addressing more significant issues such as mechanical or structural concerns.
|
|
Inspecting the Property
To protect the owner's investment, Vision Property Group will conduct an inspection of the subject property prior to, as well as after and tenant’s moves. In addition, periodic inspections are made during tenancy as needed or required. Photos and a written report of such inspections can be provided.
|
|
Arranging Maintenance & Repair
In order to minimize maintenance expenditures, tenants are responsible for cosmetic and minor repair issues. Vision Property Group can provide qualified tradesmen at competitive rates for repairs that are beyond the scope of the tenant’s responsibility. In addition, we will consult with licensed and certified contractors when addressing more significant issues such as mechanical or structural concerns.
|
|
Negotiation Rental Rates
Rental rates are always negotiated to the highest possible level in order to achieve the greatest rate of return on an owner’s investment. Moreover, Vision Property Group will always defer to the property owner for final acceptance or denial of any proposed lease agreement.
|
|
Insuring Legal Documents & Advice
Leases and other documents are comprehensive, detailed, and clearly explain both landlord and tenant rights and responsibilities.
|
|
Collecting Rents & Deposits
Collected rents are provided to the property owner in full on a timely monthly basis, less any fees or charges associated with the management or maintenance of a subject property. Additionally, we suggest property owners maintain an average of $400 on deposit for unexpended expenses. Tenants who have not paid their rent by the 5th of the month are sent late notices, and although evictions are rare, Vision Property Group will execute eviction proceedings in accordance with state or local laws.
|
|
Providing Monthly Accounting
Property owner funds are mailed, or electronically transferred on a timely monthly basis. Vision Property Group will provide a comprehensive estimate detailing the scope and costing of any work necessary to maintain the integrity of the properties we manage.
|
|
Enjoying Reasonable Fees
Vision Property Group can offer a full array of management services for between 8% - 12% of gross monthly lease fees. This is a very competitive rate structure that may vary due to geographic or economic circumstances. Although our fee structure is customary, our level of service is extraordinary. Our goal is to raise our client’s level of expectation and satisfaction by providing an unparalleled level of service and support.
|
|
Conducting A Free Rental Analysis
A comprehensive rental analysis helps determine and economic basis for both long and short term lease scenarios, thus allowing an owner to establish an anticipated rate of return on investment. Recommendations are provided regarding the quality, integrity, and marketability of a subject property. A rental analysis can be arranged by contacting Jim Pierce, jim@visionpropertygroupinc.com or by calling our office at (317)294-8285.
|
|
Starting Property Management Services
The process begins by the execution of a management agreement between the property owner, and Vision Property Group. The agreement is structured to protect our mutual long-term interests in a management partnership, and clearly defines the rights and responsibilities of both parties to the agreement. Once the agreement is executed, and initial account deposits are received, our focus then turns to the efficient, effective, and profitable management of your property!
|
|
|