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Investment Property Servicing
As investors
ourselves, my team is prepared to handle your unique demands of
investors. We anticipate your questions and come prepared with answers
We specialize
in buying and selling properties in Central Austin to investors.
Our system
is simple 1. Purchase home for investors, 2. Providing Student Housing
for the
University of Texas students in the homes purchased, and 3. Increasing
rents so that
the equity in the homes increase based on the cash flow coming to
the investment.
No one
has such razor sharp focus as Perry and his team.
It's simplicity is its greatest strength.
Service Fees and Expenses
Monthly
Service fees
8% - 10% on month of the monthly rents
(For every deal you do with me or every closed referral, I
take off 1% per property)
Other
Service Charges -
Property Placement - 35% if we place them -
100% if place them with the help of a co-operating broker
One Time Fees - Cost plus 20%
Special Services
Monthly grass cutting, trash removal, cleaning, and washer
and dryer rentals are available
(Call for Price)
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Under
a typical service agreement, this is what we do for you:
1.
Provide our "Intelligent Property Management Software."This
software allows your tenants access to the largest self help guide
on the internet today. Try a Demo
If the tenant
expirences a problem, instead of calling the property manager and
ordering a service person, the tenant goes online to www.perryhenderson.com
and files a service request online. Before the tenant can order
the service person, the software:
A.
Provides "fix it yourself" information to common problems.
Many times this is where the great savings is made.
B.
Offers tips to improve effiecency of the equipment and provide a
better home to live in.
C.
Reminds the tenant of the policies of the property. For example,
repair charges incurred by them for the repair.
D.
References the lease were by the tenant agreed to pay for the first
$50 of any repair
(another Perry Henderson exclusive)
2.
Inspect Property to establish marketability (The Market has changed.
Are you asking the right amount of monthly rent? Are you too high
or too low? Too low and you lose money; too high and your property
stays un-leased for many months OR your current tenants move out
to a better deal.)
3.
Inspect Property to establish if it meets legal Code (This reduces
your liability.)
4.
Advertise Property and arrange for cleaning if needed (with your
permission, of
course.)
5.
Obtain qualified rental applications
6.
Obtain Security Deposits and additional Pet Deposits if you allow
them.
7.
Screen all applications (to protect your investment and keep your
neighbors happy.)
8.
Check credit on new applications (Are they responsible? Do they
care?)
9.
Verify past rental history on new applications (Did they skip out
in mid-lease or do damage where they last lived?)
10.
Call YOU the Property Owner to discuss all applications.
11.
Verify property condition on move-in/move-out. (Who should pay for
damages?)
12.
Meet Resident to sign lease (Lease designed to protect You and reduce
liability.)
13.
Explain Policies designed over 2 years to new Tenant. (These ensure
Tenants' safety and reduce your liability. Example: No Parking on
grass or cutting trees down.)
14.
Re-key to meet Texas Property Code if needed. (We keep a copy of
the key.)
15.
Meet new Resident to give keys at move-in. (You have better things
to do.)
16.
Arrange for Repairs if Needed. (Owners Have Final Approval.)
17.
Send Rental Income to Owner monthly (If desired and on an individual
basis)
18.
We field calls from Tenants (you can relax at home and not be bothered.)
19.
Collect Bids if needed on repairs (to keep expenses low.)
20.
Meet repair person at Property if needed.
21.
File Evictions if needed (Proper Screening will reduce the chances
of Needing to do this.)
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