Pricing and services

KP
by Kari Piecuch2 views·Updated Mar 25, 2021
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  1. hi and welcome.
  2. We'll be discussing our services at one South property management
  3. as well as our pricing model, and hopefully help you
  4. figure out if we could be a good fit for
  5. what you're looking for.
  6. Mhm. We are a full service property management company specializing
  7. in single family rental homes.
  8. Well, why choose a property management service?
  9. And what does property management do anyways?
  10. Property management is a series of services that happen at
  11. different times of the leasing cycle.
  12. The first thing we do is help get your home
  13. clean and rent ready.
  14. The next step is marketing your property to potential residents,
  15. which we do by taking professional grade photos and highlighting
  16. its features and amenities.
  17. From there we start our marketing blitz where we posed
  18. to key rental sites, and we notify our wait list
  19. of residents.
  20. Once we receive an application, we begin screening the applicants
  21. for three key qualities.
  22. First, their ability to pay second their rental payment history
  23. and third, the condition in which they have left their
  24. previous residences.
  25. So there's a lot that goes into screening and applicant,
  26. including collecting pay stubs, verifying employment, calling previous landlords screening
  27. credit, background, and eviction history and require an application for
  28. anyone 18 and over residing in the property.
  29. Once approved, we collect a security deposit immediately, and we
  30. then schedule a lease signing during the lease signing.
  31. We go through basic expectations for property maintenance that will
  32. be the responsibility of the renter.
  33. These are things like caring for the lawn, replacing batteries
  34. and smoke alarms and thermostats, changing out burned out light
  35. bulbs, replacing H vac filters and the like.
  36. We also highly encouraged the use of auto peg, and
  37. we ensure that utilities are turned on in the resident's
  38. name. After moving, we do check in with the resident
  39. to answer any property questions and ensure everything is in
  40. good working order.
  41. Our leases have the rent due on the first, and
  42. there's a grace period until the fifth.
  43. We pay out property bills between the sixth and the
  44. eighth, and we pay owners no later than the 10th
  45. of each month, at which time you also receive your
  46. monthly accounting statement, showing all income and all expenses for
  47. that property.
  48. Along the way, we ensure your property is being maintained
  49. in a couple of ways.
  50. First, we conduct exterior random drive byes.
  51. So if a resident is parking on the grass, not
  52. mowing the lawn or not keeping things very tidy, we'll
  53. send them a notice to fix it and check back
  54. to make sure that they did.
  55. Now we start our leasing cycle 90 days out, and
  56. we do.
  57. 12 month lease is at this point we would conduct
  58. our annual interior inspection.
  59. This is a key way in which we are different
  60. from other companies in the area.
  61. So the purpose of this inspection is to ensure the
  62. property is being maintained and to get anything fixed that
  63. might not have been reported.
  64. I'll give you a quick example.
  65. A bedroom had a missing doorstop, and we find a
  66. dent in the wall from the door knob.
  67. This is an obvious tenant expense.
  68. We get it fixed, we build a tenant.
  69. But let's say we find a leaky pipe under the
  70. sink. We'll get it fixed and building.
  71. Owner plumbing, electrical, H V, A C roof and general
  72. system. Components of the house are responsibility of the owner.
  73. Unless there's an obvious tenant negligence involved.
  74. Mhm. So how do we get compensated for these services
  75. at one South.
  76. We have two ways in which were compensated.
  77. The first is our management fee, which is 10% of
  78. the rents collected.
  79. Yeah, the second is our leasing fee, which is $195.
  80. This will cover the preparation of the property for showing
  81. coordinating all the showings, screening applicants, coordinating Lee, signing keys
  82. and move in.
  83. By the way, you pay nothing out of pocket.
  84. We only get paid when we collect rent from the
  85. resident and we send the balance to you.
  86. But don't take my word for it.
  87. Check us out on Google and see our five star
  88. Reviews are owners are residents and our vendors really love
  89. us. And we hope you will too.