The Realty Medics Property Owner s Informa on Package

Transcription

1 The Realty Medics Property Owner s Informa on Package or Avalon Park Blvd E Orlando, FL Ben@therealtymedics.com or Tommy@therealtymedics.com www.

2 Here are the top 11 reason s why you should choose us! Low leasing fee and 8% monthly management fee Dedicated account managers for your property Most proper es rented in less than 30 days Credit card accepted for rent payment 75% of our tenants renew their annual lease License & Insured in house maintenance company Professional office in Avalon Park Experience with individual investors to large real estate investment 99.9% Owner reten on rate Virtual Video tours for each property $50,000,000 real estate managed

3 WE CAN MANAGE YOUR CENTRAL FLORIDA RENTAL PROPERTY We offer a full range of property management services tailored to you as an investor, homeowner, or landlord. We have an extensive portfolio of single family homes, townhouses, condos, and apartments in the Central Florida area. We are managing close to $50,000,000 in local real estate. THE BENEFITS OF CHOOSING THE REALTY MEDICS Professional experience No hassle management Online Owner Portal Access Industry leading marketing tools 24/7 emergency maintenance request handling Prompt Response to Tenant Requests Very low vacancy rate Fast turn around Industry specific local knowledge

4 FULL PROPERTY MANAGEMENT Our full service management is a comprehensive service, starting from the leasing and screening of tenants to financial record keeping and bill paying. We make owning a rental property simple. Monthly Rent Collection (Tenants can pay rent online or at their local 7-Eleven) Serve tenant notices (3 Day Pay or Quit, Change of Terms, Violation, etc.) Management of any maintenance issues that arise of you property On call 24 hours a day for maintenance emergencies Payment of property bills (HOA s, Insurance, Repairs, Etc.) Rents deposited directly into your account every month Monthly and year end statements provided online Exclusive vendors and warrantied work for maintenance services. LEASING ONLY SERVICES We provide a Rental Market Analysis Consult with you to ensure your property is Rent Ready We aggressively market your property on multiple websites, including The Realty Medics Company website, MLS, Craigslist, Zillow, Hot Pads, Trulia and many more. We create and market a virtual tour for your property We run credit, criminal, and background checks on potential tenants We draft and execute the leases with the tenants We collect all monies in certified funds prior to giving the tenant possession We provide Property condition video includes extensive walk through.

5 RENTAL INCOME Tenants may pay rent via credit/debit card, US postal mail, their local 7 Eleven, via online account or by walking into the office (rent is due on the 1st of each month and late after 5pm on the 5th). Owners may receive funds by US postal mail or via direct deposit. Owner funds are dispersed on the 10th and the 20th of each month. Owners receive a Schedule E and 1099 form at the end of each year for tax preparation. One of the best features of our accounting software system is it allows us to direct deposit money into owners bank accounts! No more waiting to receive checks, then waiting for checks to clear at the bank we can automatically deposit funds into selected accounts! MARKETING / ADVERTISING The Realty Medics has several types of free advertising methods. Our company website has an up to-date vacancy list at all times and receives the majority of our traffic on rental inquiries. All vacant properties are placed on additional advertising websites, Craigslist, Zillow, Hot Pads, Trulia, plus many, many more. Signage is placed in front of all vacant properties to generate interest. Also, our office traffic receives a inquiries regarding available properties in the rental market. We try and help each and every person find what he or she desires. We take full advantage of our large client base and excellent reputation, as word of mouth is one of the best advertising tools available. LEASES The Realty Medics recommends a one-year lease on all properties. However, we do provide service which best meets the owner s needs. If an owner would rather secure a 7-month or a month-to-month lease, we are more than happy to accommodate this request. We ask the potential tenant for a deposit of $200 more than the monthly rent for the property which they are interested. We request the higher deposit so tenants are not tempted to use the deposit for the last month s rent. Deposit amounts are negotiable on a case by case basis.

6 Orlando County Section 8 Seminole County Section 8 Orlando Housing Authority Osceola County Section 8 Polk County Section 8 Lakeland County Section 8 Winter Haven Section 8 Volusia County Section 8 Benefits to accep ng Sec on 8 Tenants: #1: On me and convenient payments #2: Protec on from tenant s financial hardships #3: Access to a larger pool of poten al tenants #4: Shorter vacancies

7 INVESTMENT STRATEGY: Our es mates are based upon the investor holding the property for a minimum of 5 years. If your investment strategy is to hold the property for less than 5 years then our required repairs es mate might be a more appropriate op on. We will tailor your es mate for a short term investment. If you are unsure what your investment strategy is or should be please contact our office and schedule a consulta on with Tommy Weclew (Broker). Highest Monthly Rents: In order to achieve the highest rental income and secure the top quality tenants, we have found the property must be repaired to the highest standards. Our Complete Es mate includes the items on your inspec on report that require repair AND any recommended repairs we find while walking the property. The Required Repairs Es mate will provide the minimum repairs required to rent the property for the current year. (future repairs, longer vacancies, and lower monthly rent could be possible.) Our Maintenance Services: Our maintenance team is very thorough and in many cases we spend more me inves ga ng the property to provide an es mate than even the home inspector. We are looking for anything that may reduce your chances of securing a highly qualified tenant at the highest monthly rent. As the property is being repaired, our maintenance team will monitor and manage the progress. We will provide before and a er photos of the repairs as well as a video. We use proven subcontractors that have worked for The Realty Medics and have provided quality work. All of the subcontractors we use are licensed, insured, and most of their work comes with a warranty. We provide the very best rehab service at the best possible prices available. A er the repairs are complete the property can be manage by The Realty Medics Property Management Division. Since we use our subcontractors to perform repairs on our almost 300 management proper es, we can demand the highest quality work at the lowest prices. APPLIANCES: Our es mate includes appliances that are appropriate for style of the property. Every house is different and we try to match the appliances to the kitchen s style, depth of space, and other appliance s brands. If you prefer to install less expensive appliances we will gladly provide you an es mate. We no longer purchase used or out of box appliances because there is no warranty. All of the appliances we purchase come installed by the vendor and have a 1 year warranty. All appliances are quickly repaired by this vendor if there is an issue which is important to reduce tenant complaints.

8 PAINTING: Our Complete Es mate includes pain ng the en re room and which includes the door trim and the baseboards. We do NOT touch up walls because touch up paint never matches perfectly. Paint is one of most important esthe cs that projects the cleanliness and warm feeling to the home which can make a huge difference for prospec ve tenants. If you would like to only paint selected rooms or do not want us to include the doors and baseboards, please let us know. We can customize each es mate. We paint all of our homes the same color and we keep each of the property s paint color codes on file. This is very important informa on to provide tenants who are preparing to move out and they need to paint some areas of the home. We also paint all of the living areas in a flat paint and the wet areas in a semi gloss. CARPET/TILES: Our carpet is mid grade quality with new padding, we replace the tack strips when needed and this es mate also includes the removal of the old carpet. If the current carpet is recommended to be removed it is because it is worn, damaged or cannot be cleaned properly. You may be able to rent the property by just cleaning the carpet but this may reduce the quality of tenants and rental income. Next to paint, having clean carpets is very important to a prospec ve tenant. We also may recommend installing le in place of carpet, if possible. Tile lasts forever and the small increased cost will pay dividends over me. Many tenants prefer le instead of carpet because of allergies. Proper es that are completely led rent quicker from our experience. LANSCAPING: First impressions are important. Our basic es mate includes mowing of the lawn and basic shrub maintenance around the home. We also include addi onal recommenda ons like overgrown trees, fix broken fences, replace sod where needed, and other landscaping jobs. AIR CONDITIONING: Our licensed air condi oning subcontractor purchases the air condi oning systems directly from the manufacture and delivers and installs the system. We provide 10 year parts and 1 year labor warranty. This arrangement allows us to provide the lowest prices around. In our experience it is in the owner s best interest to replace the AC system when the system reaches years old. The Freon from these older systems is almost twice as expensive per pound and the unscheduled maintenance of these older systems is cost prohibi ve. Home Warranty: We recommend having a home warranty to cover your appliances, air condi oner and hot water heater. These warran es are affordable and we are normal clients of all of the major companies. Please contact us if you would like more informa on.