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Property Management

Property Management Services by Real Estate II

Marketing
We leverage the strength of our brand, our market share, and reputation to market your properties to prospective tenants.

Screening
Our application process includes a criminal background check and credit check.  Our financial qualification standards are designed to screen out applicants who may be less likely to pay their rent during the term of their lease.

Tenant Relations
Your success as a real estate investor depends on positive tenant relationships.    Our staff understands the importance of retaining your existing tenants as well as attracting new ones.  However, our policy is that rent is due on the 1st, late on the 5th and we post 3-day eviction notices by the 10th.

Leasing
We supply all forms and paperwork. 

Bookkeeping
We utilize QuickBooks to track income and expenses for your properties on a monthly basis.  We can disperse proceeds monthly, quarterly, or annually based on positive cash flow. 

Maintenance
We have a talented and capable staff of maintenance people available for routine and preventative work.  After hours emergency maintenance is available as well.  Our standard is to complete routine requests within 72 hours and to stay in touch with the tenant throughout the process.

Communication
We offer a simple monthly report detailing rent collected, vacancies ready to rent, and any vacancies not ready to rent.  We can print or email you a standard profit and loss statement upon request.  Our staff is available during business hours in our Downtown Springfield office and our management clients have access to the emergency maintenance number as well.

Service Fees

  • $100 up front setup fee for per unit.  (Can be paid from first month rent.)
  • $100 for each new lease signed or renewed for an additional term. 
  • Maintenance payroll is billed at $25.00 per hour and $37.50 per hour outside of business hours. 
  • Materials are billed at 110% of cost on a monthly basis.
  • Monthly property management services are 10% of collected rent.
All rights reserved.  Real Estate II 2009