Monthly Management Fee iFees are calculated on scheduled rent for occupied units for properties with 1-4 units and collected rents for 5+ units.
6%
5%–7%
4%–5%
—
Minimum Monthly Fee
$200
$90/unit
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—
Leasing Fee iPercentage of one month’s rent charged for all leasing; 35% of first month’s rent is charged for units where the Resident Manager cannot do the leasing.
50%
40%
—
60%
Maintenance & Inspections
Maintenance Troubleshooting & Coordination
✓
✓
✓
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24/7 Maintenance Emergency Response & Dispatching
✓
✓
✓
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In-House Maintenance Team iHourly rate applies. One hour minimum; rate includes driving time for in-house maintenance team.
✓
✓
✓
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Semi-Annual Property/Unit Inspections iPerformed by our in-house team; hourly rates apply; inspections check for habitability issues, leaks, functioning smoke and CO detectors, etc.
$
$
$
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Quarterly Property Visits
✓
✓
✓
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Preventative Maintenance Program iOur multi-family properties with Resident Managers assure gutters, sump pumps, main drains, fire extinguishers and roofs are maintained regularly.
✓
✓
✓
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Leasing & Applicant Screening
In-Person and Self-Showing Leasing Services iWe syndicate to 45+ online advertising platforms, including Zillow, Trulia, Radpad and more.
$
$
$
✓
Resident Screening with Advanced Fraud Prevention Technology iScreening fees charged to applicant and verifies income, rental history, employment, credit history, and eviction history.
✓
✓
✓
✓
Professional Photos with Option for Floorplans and Videos iWhere a leasing fee is earned, we will credit Owner $100 towards any professional photography package.
✓
✓
✓
✓
Quick Applicant Approval Process iTypically approved within one business day.
✓
✓
✓
✓
Mandatory Pet & ESA Animal Screening iAll pets, ESA, and service animals are required to be screened at applicant’s expense.
✓
✓
✓
✓
Accounting & Financial Reporting
Full Bookkeeping & Bill Payment Services iWe will pay all bills including mortgage, insurance and property taxes for easy tax reporting.
✓
✓
✓
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Rent Collection and Delinquency Management
✓
✓
✓
—
Annual Rent Analysis and Increases
$
$
$
—
Online Owner Portal for Reporting Transparency iMonthly financials, invoices, and service issue details can be found on the portal.
✓
✓
✓
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Monthly Financial Statement Reporting iFinancials are emailed out by the 5th business day of the subsequent month.
✓
✓
✓
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Direct Deposit for Owner Distributions iDeposited via ACH by the 25th of every month.
✓
✓
✓
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Manage Insurance Renewals
✓
✓
✓
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Annual 1099 & Franchise Tax Reporting
$
$
$
—
Resident Credit Reporting iA benefit that helps residents build their credit for positive rent payments.
✓
✓
✓
—
Vacancy Management & Resident Services
Utility Concierge Service for New Residents
✓
✓
✓
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Resident Insurance Requirements iRequires resident to have $100,000 of liability insurance or enroll in a master waiver liability program.
✓
✓
✓
✓
Move-In and Move-Out Inspection Reporting iResident Manager compensation is a direct expense to the property.
✓
✓
✓
$
Quality Control Inspections Prior to New Move-In
$
$
$
$
Resident Communication and Lease Enforcement
✓
✓
✓
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Resident Manager Oversight, Training & Payroll Services
—
—
✓
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Project Management & In-House Maintenance (Hourly) iHourly rate for assistance with remodels, project management and maintenance.
$65
$65
$65
$65
Unit Inspection Fee iInterior inspections of all units every 6 months or a minimum of once a year.
$65
$35–$65
$35
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Lease Renewals, Rent Increases, Change of Terms
$100
$200
$200
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Laundry Coin Pick-Up iOptional service.
—
$35
$35
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Online Advertising, Per Listing
—
$35
$35
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Late Fees iWe keep a % of these fees.
50%
30%
30%
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Pet Fees iWe charge residents $65 per pet and Property Manager keeps a percent.
50%
50%
50%
—
HVAC Inspection & Cleaning Service iFee is per HVAC appliance; suggested maintenance is once per year.
$45
$45
$45
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1099 Reporting iFulfills annual statutory requirements for vendors and owner 1099s.
$40
$40
$40
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