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General Information
Fees - Please view our
Management Services page for a
break down of our services and fees.
Insurance - We require you
to maintain "Owner, landlord and tenant" insurance. This coverage
will protect you, the resident and us against a wide range of losses
caused by unintentional hazard or unsafe conditions on your
property. Your insurance company should have all this information.
Lease Renewals - When the
current lease is due to expire, we re-evaluate the value of the
property and negotiate a lease renewal with the tenant.
Marketing - We place a
"FOR RENT" sign in the yard, place ads on many internet sites
including our website and work with several leasing and locator
services. We may also place ads
in the Kansas City Star, American Classifieds and the Pitch
(newsprint ads will be paid by property owner).
Nonpayment of Rent/Eviction
- If the rent on a property has not been received by the 5th day of
the month, a reminder notice is sent listing the late fees. If
within a few days the rent still has not been received, we then post
a 3 DAY NOTICE TO PAY RENT OR VACATE. When the 3 days have past with
no rent received, the owner is notified that we need to file
eviction. We hand over the matter to our attorney's and they will
submit the proper documents in order to process the eviction. The eviction process will typically take about
45 days from
this point. Our attorneys are very aggressive and it is important to
understand that no two evictions are alike and the costs vary.
Notice to Vacate - Tenants
must give at least 30 days written notice to vacate. If tenant
breaks the lease, he or she will be responsible for all lost income
and expenses related to the renting of the property.
Property Inspections - We do periodic drive-by's on the
property. Also, each of our contractors must do a visual inspection
of the property each time they visit. Our contractors look for
damage, as well as check the smoke detector(s). We encourage all owners
to notify their neighbors that we will be handling the property in
case a problem may arise.
Renovations - We will help
you determine what repairs or modifications your property might need
to increase or maintain its value.
Rent Collection -
Rent is due on the first and
delinquent after the 5th. The tenants are charged a late fee for
rent payments made on or after the 6th.
Rental License or Registration -
Almost all of the areas we manage
have some kind of registration and/or license that the property
owner is required to complete for their property.
Tenant Screening - Each
prospective tenant must complete an application. We will then run a
credit report, eviction search, verify past rental
history, employment and/or income.
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