Anchor Property Services

Company Description

Welcome.  Our 75 years of combined management experience has honed the systems we implement daily, while caring for your investment.  Profitability, Asset Preservation, and Clear Reporting are the anchor points of good management.  Let us show you how we achieve this.

Profitability.

Low Vacancy Rates – We show homes prior to the current tenant leaving.  It is in our agreement with the tenants.  There is little to no vacancy loss.  Frequently, there are approved applications for new tenants prior to the vacancy.

Market Focused Rents -- We verify the market rents on a monthly basis making the most of your Real Estates income potential.  If you choose to sell, a top of the market rental rate reinforces a higher sales price. 

Discount System – Our contracts reward tenants that pay early.  They earn a monthly discount which minimizes collection efforts.  The market rent is equal to the discounted rent, so lost discounts mean “higher than market” rents are generated periodically.

Quality Tenant Selection – Our years of experience and proven selection criteria, funnel the exceptional tenants to our properties, while guiding the average elsewhere.  We run Income checks, Credit History, Residential History, Eviction Screening, Criminal & Civil background checks, and Sexual Offender Verifications.  

Collection Protocol – Systematically contacting delinquent payers with calls and legal documents in a timely manner lowers eviction costs and loss of rent.

Low Turnover Rate – The longer a quality tenant stays in place the greater the profit.  Turnover expenses, vacancy loss, and rent up costs can be avoided.  We have seen many tenants remain upwards of 5-7 years. 

In-house maintenance – Using staff maintenance personnel keeps expenses low.  Specialty vendors are used for solutions to difficult problems.  Usually, their invoices are negotiated lower than advertised rates.

Asset Preservation.

Inspections – Photo/Video and Written documentation are recorded at the Initial Property Inspection and at the Tenant Pre and Post Inspections as well as annually while a tenant stays in place. 

Maintenance Prevention Program – Annual, Semi-Annual, and Quarterly inspections may be implemented to thwart more costly repairs before they strike.

Clear Reporting.

Online Report Access – Virtually, up to the minute information on your investment. 

Monthly Statements – Full details of the month’s revenue and expenses are delivered via email or USPS.

Direct Funds Release on the 15^th – You may select a paper check or direct deposit.

End of Year Reporting – 1099’s are delivered in timely fashion by January 25^th.

Guarantee.

Marketing/Lease up Fee For Annual Rentals – This is only charged once per year for new tenants.  If the tenant does not complete 12 months of rental payments, the additional Marketing/Lease Up Fee will not be charged for the next tenant.  The standard monthly management fee will still apply.