107 East 6th Street, Bloomington, Indiana 47408, United States
Services
Our growing list of services makes us Your Team in Management, Real Estate & Rentals.
New Lease.
- Market your property on our website, local MLS, Craigslist, Facebook Marketplace, JWRE Facebook Page, Instagram, Virtual Tours on YouTube, JWRE storefront flyers and other sources
- Pre-screen applicants over the phone
- Set appointments and/or open house times to show property
- Run credit history, verify employment, and past and present rental history
- Prepare lease for signature
- Make arrangement with applicant to come in and review lease and have them sign
- Schedule move-in and move-out inspections at the property with the tenant
- Arrange utility transfers to assure correct billing by the utility company, to place the obligation on the correct party
- Follow up with tenant after move in on any problems they may have
Reporting/Accounting.
- Provide owner with monthly statement of income and expense activity
- Issue monthly owner disbursement check or deposit equal to all rent monies collected, less expenses and fees
- Prepare year-end statement and summary for owner for tax purposes, including copies of all expense invoicing
- Provide current or prior year financial information upon request
- Budget owner's funds to meet expenses
- Keep records as required by the City of Bloomington
- Provide documentation for mortgage lenders and attorneys on refinancing and sales
Outside Maintenance.
- Spring and fall yard clean up (if service is contracted for)
- Lawn care (If service is contracted for)
- Seasonal gutter cleaning
- Snow Removal and plowing (If service is contracted for)
Regular Services.
- Collect rents
- Actively pursue slow pay/unpaid rents by assessing late fees, emails and phone calls
- Pay Bills (If owner contracts for this service, additional charges apply)
- Property taxes
- Homeowner’s Insurance
- Mortgage Payment
- Utility Bills
- Repair Bills
- Purchase appliances if needed
- Make sure owners property is well maintained (includes routine maintenance of heating & cooling per season)
- Attend to maintenance requests in a timely matter
- Enforce the lease and rules and regulations
Communication.
- Meet with housing inspectors
- Meet with planning department
- Communicate with owners if needed or requested
Specialties.
- Seek judgment against defaulted tenants
- Appear in court if needed
- Handle police complaints
- Send Acknowledgment letter to vacate notice
- Do walk-through with tenant to vacate
- Over see renovation of unit to get ready for new tenant
- Arrange for property to be cleaned and, if needed painted, after tenant vacates the property. (A detailed list of costs of clean-ups is available upon request, e.g. clean stove, clean walls, mop floors, etc.)
- Meet insurance agents or claims agent in case of fire damage or injury
- Continue follow up on NSF rent checks
- Continue follow up with delinquent utilities and trash bills when paid by tenant
- Handle complaints from neighbors
- Take all phone calls regarding maintenance and tenant issues
- Contact the maintenance person and have them give me an assessment of the issue
- Call owner regarding the issue to report the maintenance person had been called, reporting how much it is going to cost to repair (anything above $250) and length of time it will take to fix (if required by owner)Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
PROPERTY MANAGEMENT AGREEMENT SAMPLE
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