Owners
MANAGEMENT SERVICES – YOUR INVESTMENT, OUR PRIORITY
We Are Invested In Your Success
Simply put, we treat your property as if it were our own. Honesty, integrity and professionalism are at the center of our philosophy, and we consider it the utmost privilege to manage your investments. We know that excellent service and communication make up the foundation that forms lasting and trustworthy relationships, and we take pride in each and every one of the relationships we have formed over the years. Our thorough background checks and exceptional service yield low tenant turnover rates, and owners and tenants alike are impressed by our quick response time. Under our management, you can rest assured knowing that your property is in good hands.
Basic Information About Our Management Services
We Charge a percent of the rent collected. If the rent is not collected for the month, the commission will not be charged.
The Security Deposits are put into a trust fund account. At the time a tenant vacates the property, an assessment will be performed. The deposit will be refunded to the tenant, or applied toward the costs of cleaning, and, or damages if any. Non-refundable pet deposits will be passed on to the owners the month they are collected.
The Money Collected from rent will be electronically transferred. We will need a voided check to set up the transfer. The funds will be readily available to you within two business days after the statement is issued.
Statements are issued by email on the 15th of each month. The statement will explain the income and expenses of your rental property for the month. It will also inform you of the amount that will be transferred into your account.
Repairs will be arranged by Jaylex Properties. We have our own staff for smaller repairs and use subcontractors for more technical work. Costs will vary based on the work performed and the personnel used for the repair.
The Mechanics of the property will be maintained at all times. Mechanics include… heating units, water heaters, all plumbing, and electrical systems. If the tenants or property are in any kind of danger due to the need of repair, the repair will be done. The cost of the repair will appear on the next month’s statement.
An Account will be held in reserve for operating costs, such as utilities, advertising, and repairs. The amount will be decided upon signing.
The Contract is a one year contract. The contract will be dismissed if the property is sold. If the contract is broken at any time due to the fault of the owner, 20% of the monthly commission will be collected for the remainder of the contract.
Advertising and marketing a vacant property correctly is extremely important to us. We take the time to personally show each of the properties we manage. We advertise in Local theater, Craigslist as well as all social media platforms and local newspapers. Furthermore, we provide a section of our website that allows tenants to apply for the desired property online. This has proven to be a quick and easy strategy to bring tenants to a place to call their home.
Evictions are handled by our in-house attorney at law. Every eviction case requires legal representation as ordered by Idaho Law. The cost to perform such action varies. The process includes serving the tenants’ court papers, filing the court papers at the courthouse, and the actual court hearing.
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