There is an initial set-up fee of $50.00. This includes initial and follow-up inspections of your property, preparation of file and paperwork, a meeting to discuss specifics of the home and an inventory of the articles in the home.
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FULL TIME MANAGEMENT:
Monthly charge of $50.00 or 12% of rent, whichever is greater, and 1/2 the first months rent for finders fee. Rent is paid to Ribbon Investment Firm. For this fee, we will:
- Pay for advertising (local newspapers, internet and public at large).
- Screen renters, verify references and qualifications to pay.
- Prepare a rental agreement in accordance with Landlord/Tenant Laws and with specifications to meet owner’s needs.
- Inform the owner of any cleaning/maintenance work required to ready home for renter.
- Assist the owner in arranging any cleaning/maintenance, charged to owner at cost. (Housekeeping and maintenance through our firm is $25.00 per hour).
- Receive payments, deposited into Client’s Trust Account.
- Prepare and send a monthly statement of the account, together with rental income.
- Be available for emergencies 24 hours a day.
- Assist with Landlord/Tenant Laws as necessary.
- Assist owner with making an inventory list for furnished homes ($20 per hour charge).
We ask the owner to retain $100.00 in Client’s Trust account in Full Time Management contracts for maintenance and emergency repairs.
FINDER’S FEE ONLY:
- Pay for advertising (local newspapers, internet, and public at large).
- Screen renters, verify references and qualifications to pay.
- Prepare a rental agreement in accordance with Landlord/Tenant Laws and with specifications to meet owner’s needs.
- Inform the owner of any cleaning/maintenance work required to ready home for renter.
- Assist the owner in arranging any cleaning/maintenance, charged to owner at cost. (Housekeeping and maintenance through our firm is $25.00 per hour).
- Receive initial payments and place them in Client’s Trust Account; thereafter,arrangements prepared to have renter pay directly to owner, along with any other payments.
- Send a statement of the account, together with rental income and deposits.
- Upon request, furnish copies of the Landlord/Tenant Laws.
Our policy for renters is to collect a security deposit that is equivalent to one months rent plus $500.00. It is owner’s option to negotiate a charge for cleaning and/or pet deposits.
NOTE: Repairs are done with the owner’s consent unless we are unable to reach the owner and it is a case of emergency.
Downloads:
info_for_owners
rental_application
