MANAGEMENT SERVICES

• Marketing:
• Internet listings (we post to over a dozen different sites)
• Install yard sign and lock box (as needed)
• Post flyers throughout Chapel Hill and Carrboro
• Tenant Procurement
• Communicate with potential tenants
• Complete property showings
• Receive and process applications
• Perform tenant screening
• Review credit report
• Obtain guarantors as necessary
• Check employment and rental history
• Negotiate lease terms
• Prepare lease and move-in documents
• Financial management
• Rent collection
• Collect and hold security deposit funds
• Complete security deposit dispositions post tenant move-out
• Handle tenant delinquency, bad checks, and eviction filings
• Provide monthly and annual financial statements
• Rental proceeds are typically disbursed along with statements within the last week of the month
• Statements will include copies of any invoices paid within the month
• Send annual 1099 forms
• Maintenance
• Respond to, and manage, maintenance requests
• Schedule property visits, as needed 
• Complete move-out inspections
• Other Property Management items
• Communicate with neighbors and manage any disputes
• Work with property HOAs and handle any violations
• Manage lease violations, such as unauthorized occupants

Rental Management Fee Structure

• Start up marketing fee: $250.00
• Management commission: 10% of gross rents 
• Quarterly advertising fee: $70 per unit
• Annual leasing fee: Procurement OR Renewal
• Procurement Fee: 1/2 the rental rate (no management commission is collected the month we collect the Procurement Fee)
• Renewal Fee: $250