Servicing Distressed Properties by Short Selling in Record Time!!
PROPERTY MANAGEMENT OVERVIEW
Our goal is to alleviate the Stress you receive from day to day involvement with maintaining your investment so that you can earn income without losing any sleep!
Combining the best of both worlds, this is the most stress-free option, the most thorough and the most chosen. By choosing our lease + Property Management service, we will find you the best possible tenant, handle all of the arrangements prior to move in and start to manage your property the day the lease starts. You can just sit back and collect your money.
TENANT SCREENING
Credit Report
Criminal Background
Prior Evictions
Rental History
Income & Employment Verification
MARKETING
Rental properties are marketed on multiple variety of free and paid websites
Yard signs and directional signs
Printed marketing materials
Rental applications
Prepare Lease Agreements
Conduct Walk Through/Move In-Move-Out Inspection
Leases may be executed via email and fax
OWNER PAYMENTS AND STATEMENTS
Each owner will receive inspections of the property and downloadable copies of the management agreement, the lease, paid invoices and monthly & annual financial reports.
Owners are paid by direct ACH payments deposited into their bank accounts.
Owner funds are disbursed by the 15th business day of each month
Owners receive a 1099 form at year-end for tax preparation
MAINTENANCE
Homeowner must maintain at least $500 at all times in their respected vendor accounts.
McCoy Realty Group will hold deposits and maintenance funds in a designated escrow account.
Our vendors can handle most repairs
Most repairs are done within 24 hours
Maintenance account will be set up for repairs
Unit inspected twice annually
RENT COLLECTION AND EVICTIONS
Collection of All Monies(ie. Security Deposit, Rent, Application fees)
We insist on timely rent payments from tenants
We act promptly when rent is not paid
When necessary, we handle the entire eviction process
RENTAL PAYMENT OPTIONS
Online payment (Tenant Portal)
Payment by mail
Bank payment (using designated ABA routing and account number)
LEASE ONLY SERVICES
Our Lease only service means that we will help you find a tenant ASAP! Money flows out of your pocket each day that your property is vacant. By choosing our lease only service, we will find you qualified tenants…often within 7 to 14 days! Once your property is rent ready, we will:
Advertise and find a qualified tenant within 7-14 days(on avg.)
Answer any inquiries promptly and professionally
Schedule showings with licensed Realtor
Screen and qualify prospective tenants
Prepare a lease, arrange for signatures and move in the tenant.
RESTORATION PROJECT MANAGEMENT SERVICES
When McCoy Realty Group is hired to restore a unit prior to placing it on the market such as:
Hiring and scheduling contractors to complete repairs
Ordering materials for the job
Supervision
Pay vendors
PROPERTY MANAGEMENT FEES
Initial Onboarding Fees
Property Owner Onboarding Fee: $350 (one-time fee per property)
Administrative onboarding
Tenant Onboarding Fee: $500 (if property is already tenant-occupied)
Covers lease review, compliance verification, coordinate with previous management company, system integration, and notification to the tenants.
Tenant Placement Fee: 100% of the first full month's rent
Applicable only if the property is vacant. Includes marketing on multiple platforms, advertising via cold calls, showings, application processing, screening, professional photos, lockbox, signage, and lease execution.
Ongoing Management Fees
Full-Service Monthly Management Fee:
10% of monthly rental income for single properties
8% for owners with multiple properties under management
minimum of $100 per unit
Annual Lease Renewal Fee: $500
Covers lease renegotiation, compliance updates, and tenant communication.
Rental Maintenance Reserve: $500 per property
Held on file to ensure timely response to maintenance needs.
Maintenance Markup Fees: $25 per invoice
Project Management Fee (Turnkey/Renovation Projects): 15% of invoice
For additional services or custom property portfolios, tailored pricing may be available upon request.
McCoy Realty Group LLC - Professional, Responsive, Reliable Property Management