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Just to let you know a little about myself, I am a Real Estate Broker & have been in property management for the last 20 years. Marsh Management was founded approximately 19 years ago. We specialize in the East Valley area and manage about 375 rentals. We have a full office support staff, residential sales associates and 5 licensed appraisers. My growth has been mainly due to referrals and I would be very happy for you to speak with any of our property owners.
Our fee, which is negotiable, is never more than 12% of the collected rent per month. We will advertise in the local papers, MLS computer system, and various web sites on the Internet, put on a lockbox if the house is vacant and list it with all realtors in the area. There is a $200.00 start up fee. The advertising cost is $40.00 per week while your property is vacant.
All of our prospective tenants are screened and interviewed very thoroughly. We do this by running credit reports, verifying income, bank accounts, speaking with landlords, checking court records, etc.
The management agreements run for a period of one year. We are very careful with the repairs we authorize and would do nothing without first talking with you. An interior inspection is completed at least every 4 months, as well as monthly exterior inspections. All statements, repair receipts and checks are sent to you monthly. Also part of our service is making mortgage payments, making HOA payments and depositing your check in the bank of your choice.
We have a second program that involves locating a tenant only and the property owner takes over the monthly management. The charge for this service is $550.00 plus advertising costs of $40.00 per week. We will advertise the property, qualify and interview prospective tenants and supervise the property while vacant.
If you have any questions regarding this information or would like to discuss our services in greater detail, please feel free to contact me. I look forward to hearing from you in the near future.
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