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1. Inspection and evaluation of property to determine maximum rent under current market conditions.
2. Collection of rents – inclusive of meticulous follow-through with late and final notices as necessary.
3. Handling of tenant complaints, conversations, correspondence, and meetings as needed.
4. Handling of maintenance problems through our own maintenance department and/or subcontractors.
5. Negotiation of fair and reasonable payment for subcontract labor.
6. Maintain files on all tenants, including current changes, late charges, security deposits, pet deposits, etc.
7. Financial accounting and monitoring of individual tenant balances.
8. Maintain complete financial records on each rental unit, including back-up documentation for both revenues and expenditures.
9. Preparation and submittal of monthly owner’s statement giving details on income and expenses.
10. Negotiate lease renewals and rent increases on a timely basis.
11. Coordination and follow-through of needed services by an attorney (i.e., warrants for unlawful detainment of property, judgements, writs of restitution, forcible evictions, etc.).
12. Inspection of properties vacated and disposition of applicable security deposits.
13. Transfer of utilities to our name when unit is vacant.
14. Itemized list of repairs, painting, cleaning, miscellaneous and/or major maintenance needed, along with a estimated cost to render vacant units market ready.
15. Coordination and supervision of all maintenance work performed on the property.
16. Placing of yard and directional signs to facilitate the leasing effort.
17. Notification of banks, corporations, churches, civic organizations, etc. of available properties for lease.
18. Post all available “For Lease” properties on our internet web site.
19. Arrangements to make vacant units available to prospective tenants, every day of the year except major holidays.
20. Screening (background, income, employment, former residences, etc.) of prospective tenants to help insure a quality tenant.
21. Entering into lease agreements as agent for the owner, utilizing a lease that complies with the Landlord – Tenant Act of Tennessee.
22. Transfer of utilities to new tenant when property is leased.
23. Communication and correspondence with owners as relates to their tenants, property, and monthly financial reports.
24. Remit I. R. S. Form 1099 to owner at end of each year which reflects gross income collected during the year.
(865) 777-6767