Management Services
PROTECTING YOUR INVESTMENT WITH
GOOD MANAGEMENT AND GREAT TENANTS
OUTLINE OF SERVICES
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Full circle Real Estate Brokerage Firm
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Servicing First Time Home Buyers and Sellers
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Servicing Investors
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Listing Rentals and Property Management
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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
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Credit Report
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Criminal Background
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Prior Evictions
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Rental History
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Income & Employment Verification
MARKETING
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Rental properties are marketed on multiple variety of free and paid websites
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Yard signs and directional signs
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Printed marketing materials
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Rental applications
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Prepare Lease Agreements
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Conduct Walk Through/Move In-Move-Out Inspection
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Leases may be executed via email and fax
OWNER PAYMENTS AND STATEMENTS
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Each owner will receive inspections of the property and downloadable copies of the management agreement, the lease, paid invoices and monthly & annual financial reports.
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Owners are paid by direct ACH payments deposited into their bank accounts.
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Owner funds are disbursed by the 15th business day of each month
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Owners receive a 1099 form at year-end for tax preparation
MAINTENANCE
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Homeowner must maintain at least $500 at all times in their respected vendor accounts.
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McCoy Realty Group will hold deposits and maintenance funds in a designated escrow account.
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Our vendors can handle most repairs
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Most repairs are done within 24 hours
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Maintenance account will be set up for repairs
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Unit inspected twice annually
RENT COLLECTION AND EVICTIONS:
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Collection of All Monies(ie. Security Deposit, Rent, Application fees)
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We insist on timely rent payments from tenants
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We act promptly when rent is not paid
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When necessary, we handle the entire eviction process
RENTAL PAYMENT OPTIONS
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Online payment (Tenant Portal)
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Payment by mail
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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:
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Advertise and find a qualified tenant within 7-14 days(on avg.)
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Answer any inquiries promptly and professionally
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Schedule showings with licensed Realtor
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Screen and qualify prospective tenants
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Prepare a lease, arrange for signatures and move in the tenant.
RESTORATION PROJECT MANAGEMENT SERVICES
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When McCoy Realty Group is hired to restore a unit prior to placing it on the market such as:
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Hiring and scheduling contractors to complete repairs
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Ordering materials for the job
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Supervision
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Pay vendors
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There will be a 15% Project management fee assessed on renovation projects per unit.
PROPERTY MANAGEMENT FEES
To list property and secure a tenant, McCoy Realty Group, LLC will charge 100% of the first month’s rent.
Administrative set up fee: $350.00
Ongoing monthly maintenance fee: 10% of the rent (minimum $100)
Multiple properties maintenance fee: 8% of the rent (minimum $100 per unit)
Renewal fee: $300 (each year tenant lease is renewed by McCoy Realty Group, LLC)