Property Management

Full Property Management Services

 

Signature Contracting & Property Management Services has a complete property management division. As you grow your portfolio
of rental properties, Signature can manage all of the day-to-day property management duties for you.

Here is a breakdown:

Landlord Services:

  • Abide by the latest local, state and federal legislation that apply to rental properties
  • Periodic inspections (Inside and outside) for needed repairs, safety hazards, code violations, lease violations, etc.
  • Create reports on the condition of the property
  • Accounting services for all property management services
  • Initiate payments on owner’s behalf (mortgage, insurance, HOA dues, etc.)
  • Detailed reporting of all income & expenses of the property w/receipts & invoices
  • Maintain all records (paid invoices, leases, inspection reports, warranties, etc.)
  • Annual reports for tax purposes, & required tax documents, including 1099 form
  • Report tax deductions related to their rental property
  • Provide monthly cash-flow statements w/income & expense reports
  • Maintenance, Repairs, and Remodeling
  • Utilize Signature’s in-house maintenance crew
  • Create a preventative maintenance policy to identify & address & complete maintenance items
  • Assign jobs to different parties (in-house, handyman, & contractors) based on best pricing
  • Maintain outdoor areas of the property (incl. landscaping)
  • Removing trash and debris from the property
  • Incorporate a 24-hr. repair hotline
  • Completion of all rehab/construction projects
  • Present maximum ROI opportunities on any updating/construction projects
  • Prepare preliminary cost estimates
  • Get multiple independent bids for the work
  • Act as general contractor overseeing the work

Pre-Renting Initiatives:

  • Evaluate the property and establish the proper rental rate
  • Photo & video documentation of the interior and exterior
  • Suggest any necessary repairs and cosmetic improvements
  • Compare properties in your area to determine proper rental rate
  • Determining property rental rules (pets, smoking etc…)
  • Install a lock box for realtors to be able to show the property
  • Creating a marketing plan for the property
  • Clean & prepare the home for rent
  • Clean home and optimize interior appeal
  • Manicure landscaping to increase curb appeal
  • Create ads tailored to the property and advertising medium.
  • Some of the mediums commonly used are:
    • –  Paid and free rental listing websites
    • –  Print publications
    • –  Signs
    • –  MLS
    • –  Fliers

Tenant Relations/Management Services:

  • Work with other realtors and leasing agents to find a tenant
  • Provide a 24-hour hot-line for property info
  • Field calls from prospects for questions and viewings
  • Meet prospective tenants for showings
  • Provide prospective tenants with legal rental applications
  • Collection applications with application fee
  • Tenant screening and selection
  • Tenant screening (verify identity, income, credit, history)
  • Grade tenant according to pre-defined tenant criteria
  • Inform tenants who were turned down
  • Draw up leasing agreement
  • Confirm move in date with tenant
  • Review lease guidelines with tenant
  • Ensure all agreements have been properly executed
  • Perform detailed move in inspection w/ condition report
  • Collect first months rent and security deposit
  • Rent collection
  • Hunting down late payments
  • Sending out pay or quit notices
  • Enforcing late fees
  • Evictions
  • Refer owner to a qualified attorney when necessary
  • Advise in the event of a legal dispute or litigation
  • Filing relevant legal docs for unlawful detainer action
  • Representing owner in court
  • Coordinating with law enforcement to remove tenant & possessions

Tenant Move Out:

  • Inspect unit and fill out a report on the property’s condition when the client moves out
  • Provide tenant with a copy as well as estimated damages
  • Return the balance of the security deposit to the tenant
  • Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.
  • Clean unit and perform and needed repairs or upgrades
  • Re-key the locks
  • Put the property back on the market for rent

Reach out to us today to discuss your

property management needs!

954-563-8584

Contact US

(954) 563-8584