Managing Your Property
We don't
just rent your property, we manage it!
Jennifer
Jenkins Realty Management saves you time and money while you
enjoy the income and tax benefits of owning rental investment
property. Benefits in hiring Jennifer Jenkins Realty Property
Management include:
Attracting
Qualified Tenants
Tenants are attracted through the Multiple Listing Services, the
Internet, local major employers and flyers to local Realtors.
Many of our properties are rented through a time-developed
network of agent referrals.
Performing Background Checks of Tenants
One of the most valuable services performed is checking tenants’
backgrounds. Credit, employment, criminal, and financial status
are reported through Production Credit. The staff calls current
and past landlords and employers for verification information to
be discussed with the property owner.
Inspecting
the Property
To protect the owner’s investment, we arrange inspections of the
property before and after the tenant moves in. In addition,
inspections are made during tenancy as needed. Plus, each tenant
completes a move-in report to insure a proper record of the
property’s condition.
Arranging Maintenance & Repairs
Our Property Management Team provides company insured handymen
at reduced rates. In addition, licensed contractors are called
to make repairs on major air conditioning, heating, electrical,
and plumbing repairs. Except in an emergency, property owners
are notified of any repair that exceeds $200.
Negotiating Rental Rates
Rent rates are negotiated to the highest possible level
depending on market conditions, quality of the tenant, length of
leases, type of property, and the time of year. Although a
tenant may offer a certain rent rate, staff often must negotiate
a higher rate due to the circumstances. Setting proper rental
rates and maintaining a strong marketing effort has allowed us
to maintain a high occupancy rate!
Insuring Legal Documents
Leases and other documents used adhere to the North Carolina
Landlord-Tenant Act and clearly explain landlord rights and
tenant responsibilities.
Collecting Rent
Rents are sent to the property owner monthly unless an expense
prevents mailing all funds. Tenants who have not paid their rent
by the 5th of the month are sent a late notice. Although
evictions are rare, we will normally arrange the removal of a
tenant from the property should the rent not be paid in a timely
manner.
Providing Monthly Accounting
Property owner checks and computer-generated statements are
mailed prior to the end of every month. An annual end-of-year
accounting is provided to each property owner for tax reporting.
Property owners should check with their accountant to verify the
tax advantages when owning rental property. In addition, other
required reports are prepared for several government agencies.
Enjoying Reasonable Fees
Our Property Management team offers full management services
while offering low reasonable rates. Most management companies
fall in this same fee range depending on the type of property
managed, market conditions and area. However, the difference in
property management firms is often the quality of services. Our
goal is to provide outstanding service so that any fees paid by
the property owner are normally saved by avoiding longer vacancy
times, excess repair costs, and tenants who have not been
checked out completely.
Contrary to some management companies, no start up fee, Realtor
referral fee, leasing commission, releasing commission, flat fee
when the property is vacant, or a fee to arrange maintenance
normally exists. In order to avoid any of these “extra” fees,
the property owner is asked to keep the property under
management on an annual basis. Contact our Property Management
office for a free quote on full management or on an alternative
service plan!
Conducting a Free Rental Analysis
A Rental Analysis helps determine what the property will rent
for on a long-term basis. The analysis normally consists of
visiting the property features, evaluating the property and its
neighborhood. Recommendations are provided regarding repairs,
appearance, marketing ideas and a rent range. A free Rental
Analysis can be arranged by calling our office 24 hours, 7 days
a week. Property owners are under no obligation to begin
management services after a Rental Analysis is provided.
Starting Property Management Services
Rental Analysis is not always necessary to begin management;
however, it can often answer many questions. Normally,
everything that is needed to begin managing an owner’s property
can be accomplished in an hour at the property site. After a
rental analysis and/or discussion is completed, management can
begin immediately once a management or listing agreement is
signed. If the owner lives out of town or cannot meet at the
property, we will arrange to take care of all paperwork through
the mail or by fax.
Contact information
Office: 1-888-488-2581
Fax: 1-866-494-4573
Email:
Dan@jenniferjenkinsrealty.com |