Category III: Full Management Service
To
Include:
All
Services As Outlined In Category I and II
Collection Of Funds:
Sending
Collected Funds To Owner Monthly To Include
All Rents, Late Charges, Repair Costs Due From Tenant
And Any Additional Security Deposits.
Disbursing Funds:
Disburse
Funds Directly To Owners, Or Sent To Savings
Or
Checking Accounts Or Retained To Cover Repair Costs.
Funds
Are Mailed Approximately The 10th Of Each Month.
Monthly Statements:
Owners
Receive A Monthly Statement With A Total
Accounting
Of All Transactions On The Property Since
The
Last Statement. A Monthly Statement Is Mailed At
The
Time Funds Are Disbursed, Although A Statement
Is
Sent Even If No Funds Have Accumulated. Statements
Contain
Updated Information To The Owners About The
Property
And All Receipts For Repairs.
Inspections:
Drive-By
Inspections Are Performed Monthly With Pictures
Taken
Three Times A Year. Interior Inspections Are
Performed
When Deemed Necessary Due To Complaints Or
Unsatisfactory
Drive-Bys. If Negative Reports Come In From
Repair
Contractors Tenants Are Notified Immediately Concerning
Items
They Have Neglected To Maintain. Owners Are Notified Of
Normal
Maintenance And Upkeep From Drive-By Inspections.
Repairs:
Tenants
Report Necessary Repairs. Repairs, Normal Upkeep
And
Maintenance Work Are Ordered And Billed To Brass Ring
Properties.
Upon Receipt Of An Invoice, It Is Paid By Brass
Ring
And Then Charged To Either The Owner Or Tenant
Depending
On The Cause Of The Repair. Any Uncollectable
Tenant
Charge Is The Responsibility Of The Owner.
Year End Statements And 1099's
By
January 31st Of Each Year Owners Will Receive Their
Copy
Of The 1099 Form Sent To The IRS With All Rents
Collected
In The Previous Year. Owners Will Also Receive
A
Year End Statement With Totals Of All Expenses Incurred
Throughout
The Past Year.
The Full Management Program Also Covers Implementing New
Laws
Effecting Rental Property, Evictions, Move-Out Inspections,
And
Security Deposit Disbursements. It Includes Insurance Claims,
Working
With Adjusters And Repairman, Negotiating Higher Rents,
Renewal
Leases, And Other Services The Owner May Require.
10%
Of Each Month's Rent
Management
Fee
All Fees And Services Are Negotiable
210-684-9585
9240 Guilbeau #
102
San
Antonio, Texas 78250
Email:
cfochler@verizon.net