Tenant Placement Fee
| One Month Rent * |
One Month Rent ** |
1/2 Month Rent *** |
Monthly Management Fee |
- |
7.5% of rent collected each month |
12.5% of rent collected each month |
Monthly Administrative Fee |
- |
$5.00 per month |
Included |
One Time Set-up Fee |
- |
$175 |
Included |
Lease Renewal Fee |
- |
$250 per lease renewal |
Included |
Onboard Section 8 Tenant(s) |
- |
$125 for each Section 8 Tenant |
Included |
Recommened Rent Range |
- |
$750 - $2,000 |
$2,000 and above |
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Advertising |
Lease Enforcement |
Lease Enforcement |
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Property inspection and evaluation including photos and video |
Our 12 Month Tenant Guarantee – if the tenant moves out during the first 12 months, we will replace the tenant at no charge |
Our 12 Month Tenant Guarantee – if the tenant moves out during the first 12 months, we will replace the tenant at no charge |
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Recommend repair or cosmetic improvements for maximizing monthly rent |
Secure monthly rent and all other fees associated with tenancy |
Secure monthly rent and all other fees associated with tenancy |
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Recommend a Monthly Rent based on market comparable and property condition |
Enforce all provisions of the lease agreement |
Enforce all provisions of the lease agreement |
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Implement Del Val’s 4-Step LeaseUP! Program |
Attempt to collect late/outstanding tenant balances |
Attempt to collect late/outstanding tenant balances |
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Prescreen calls and personally show the property to a prospective tenant(s) |
Manage all other lease violations |
Manage all other lease violations |
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Tenant Application Process |
Manage the eviction process (if needed) |
Manage the eviction process (if needed) |
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Pre-screen and meet all prospective tenants and collect completed application with photo ID |
Maintenance Troubleshooting |
Maintenance Troubleshooting |
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Screen tenants including credit scores, criminal backgrounds, employment and evictions history, social security number verification, call references |
Provide tenant with 24-hour maintenance hotline for repair emergencies |
Provide tenant with 24-hour maintenance hotline for repair emergencies |
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Negotiate rent and lease terms |
Troubleshoot the issue in an attempt to resolve the issue over the phone |
Troubleshoot the issue in an attempt to resolve the issue over the phone |
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Collect first, last and security deposits |
Gather enough information to assess the complexity of the maintenance issue |
Gather enough information to assess the complexity of the maintenance issue |
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Provide a move-in, walk-through Inspection Report |
if the repair cost will be below $500, we will execute the repair |
if the repair cost will be below $500, we will execute the repair |
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Hand over all the documents and money to the owner to complete the process |
You will also see the repair charge detailed out on your next monthly statement. |
You will also see the repair charge detailed out on your next monthly statement. |
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If the repair cost exceeds the $500 maintenance limit, we will contact you to discuss |
If the repair cost exceeds the $500 maintenance limit, we will contact you to discuss |
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Although each job is unique, the minimum hourly rate is $75 and we prorate to the half-hour |
Although each job is unique, the minimum hourly rate is $75 and we prorate to the half-hour |
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Accounting |
Accounting |
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Manage and reconcile portfolio and account balances |
Manage and reconcile portfolio and account balances |
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Provide Online 'Real-Time' account logon and availability |
Provide Online 'Real-Time' account logon and availability |
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Manage utility payments |
Manage utility payments |
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Direct deposit rent proceeds on the 10th or 20th of each month |
Direct deposit rent proceeds on the 10th or 20th of each month |
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Publish monthly statements to the owners online account |
Publish monthly statements to the owners online account |
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Issue year-end CRPs to tenants & 1099s to owners |
Issue year-end CRPs to tenants & 1099s to owners |
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* Lease Only Fee is One Month’s Rent, or $750, whichever is greater |
** The Tenant Placement Fee is One Month’s Rent, or $750, whichever is greater |
*** The Lease Fee is qual to 1/2 of a month's rent |