PROPERTY MANAGEMENT
I am looking for a property management company and want to know more about REAL ESTATE RENTALS – PROPERTY MANAGEMENT.
REAL ESTATE RENTALS is a full-service residential property management company serving the Alabama market currently. Operating for over 20+ years, we serve a growing need for a professional property management company that specializes in residential single-family homes, townhomes, and condominiums. We accept homes on a case-by-case basis, and we have homes ranging in rent from $500 to over $4,000 per month. Call our office today for more information (256-547-8638)
Why should I choose REAL ESTATE RENTALS – PROPERTY MANAGEMENT over another property management company?
There are several reasons for choosing REAL ESTATE RENTALS. We have no up-front cost to initiate service. If we don’t lease your home, then you don’t pay. Due to our extensive marketing and advertising, we lease homes quickly. We have licensed realtors that show our homes. We have no separate advertising fee. We do not currently charge an upcharge for maintenance coordination. The majority of our business comes from referrals or repeat business.
What are the advantages of renting out my home?
Many people are considering renting their home as opposed to selling it based on an expected financial benefit. We do our best to get the financial benefit that you desire by striving to maximize and sustain the rental amount and managing your investment so that it continues to make money for you for years to come. Renting out your house turns it into an investment property.
Why should I hire a professional management company when I might be able to manage things myself?
Being an absentee landlord is difficult unless you have someone local who can manage the property.
Do you have the time to conduct market comparables to price your home in the current market so that it rents quickly?
Can you take the time to show your property to potential renters? Do you have the means to screen them by verifying rental history, income verification, a credit check, and a criminal background check?
Will you be able to manage the property from afar? What happens if a pipe breaks and you’re out of state?
REAL ESTATE RENTALS will look after everything related to the property – from advertising your property and screening your tenants to executing the lease agreement, collecting rent, monthly account reconciliation, coordinating maintenance needed on the property, and conducting inspections.
Based on the number of clients that we have who began self-managing, and then hired us after a bad experience, it is worth the management fee to hire REAL ESTATE RENTALS.
What services do you provide?
We provide a full range of services to property owners including residential leasing, management, accounting, inspections, and tenant management. Call our Acquisitions Agent for specific details regarding our fee structure.
Market research to provide comparable rental home prices to determine fair market rent
Professional advice to prepare the property for maximum results in marketing including staging and renovation recommendation
Broad market advertising with internet syndication to multiple websites
Licensed Realtors showing your home to prospective tenants
Universal lock box to maximize showing opportunities
Photography of interior and exterior premises
Professional signage to attract drive-by prospects
Tenant screening, including a credit check, criminal background check, income verification, and rental history
Professional leases
Performance of move-in, move-out, and periodic inspections upon request
Collection of monthly rent,
Coordination of maintenance services within predefined authorized limits set by each owner.
Coordination of utility services between occupancies
Monthly accounting statements available through the owner portal
Semi-monthly direct deposit of funds to the owner’s bank account
Year-end accounting statement for ease of tax preparation
Filing of Form 1099-MISC with the IRS
Assured compliance with Alabama landlord/tenant laws and federal/state fair housing laws
Utilization of an escrow account to process and retain security deposits per state law.
Negotiation of lease terms with a tenant, including initial lease terms, lease renewals, termination, and evictions if necessary.
Will I have one contact at REAL ESTATE RENTALS?
Our Acquisitions Agent will be your main point of contact on the front end and will direct you to the appropriate department or individual for specific questions outside of their expertise. REAL ESTATE RENTALS has specific departments staffed with professionals to assist you when you have questions. We have a maintenance team, a leasing team, a quality assurance team, and an accounting team. You will be able to speak to someone who specializes in your question when you need assistance. This is a real benefit to property owners! You will not have to speak to the leasing team about your finances, nor will you have to speak to accounting about your maintenance.
Does my home have to be empty to begin the process?
We will list a home while occupied. We require a move out inspection prior to the new tenant’s move in. We will list an owner-occupied home, a tenant-occupied home, or a vacant home. We will also take over management of a tenant-occupied property with an existing lease agreement.
How much money should I have set aside for expenses?
We recommend three to six months of expenses depending on your risk tolerance.
How do I get started?
To get started, Our Agents will visit your home to assess its rent readiness and determine a market rental rate. Then, REAL ESTATE RENTALS will need a signed Management Agreement, Listing Checklist (a simple checklist of amenities and special instructions specific to your property), a Form W-9, and a completed ACH form with a voided check. In addition, all utilities will need to remain on through the first day of the lease, the home needs to be professionally cleaned (including the carpets), paint needs to be in good condition, and the yard needs to be maintained. The better a home looks, the better it shows!
Who chooses the rental price for my home?
A member of our Leasing Department will assist you in choosing the appropriate rental rate based on the specifics of your property and comparable homes in the market.
Interested in listing your property with REAL ESTATE RENTALS?
Call us today at 256-547-8638