WEST POINT Property Management

Company Description

Screening of Prospective Tenants:

• Rental History - Follow up with past landlords for references.
• Credit Worthiness - Late payments, Bankruptcy, Foreclosure.
• Search Court Records - For prior Evictions, Unlawful Detainer Actions.
• Employment Verification - Job stability and growth potential.
• Debt Ratio Evaluation - Check the tenant's front and back end debt ratio.
• FICO SCORE - Check tenant's FICO score with credit agency.

Accounts Receivable:

• Rent checks are made payable to the OWNER.
• Collection of rent when DUE.
• Rent checks are mailed the same day to owner after receiving or deposited into the owner's bank account. (You will not need to wait 1-3 weeks for your check to be deposited)
• Collection of Security Deposit is made payable to owner.
• Checks may be deposited into your account if you would like.

Legal Issues:
*You Do Not Pay Any Extra Fees for Any of These!

• Provide Lead Based Paint Disclosure as Mandated by Federal Law.
• Provide Megan's Law Disclosure as Mandated by State Law.
• Issue 3 - 30 & 60 Day Notice at no extra charge to Owner.
• Supervise Evictions and Lockouts.
• Appear in Court and Testify on your behalf with Attorney for Unlawful Detainer.

Management Compensation:

• You PAY NOTHING up front, ALL Fees are collected after The Rent and Deposit are collected.
• Generally the Total Management Fee is 5%-8% of the Gross Rent Collected.
• Initial $250.00 fee with a GUARANTEED one-year lease.
• You do not pay ANYTHING while the property is vacant.
• There are NO other Miscellaneous Fees or Added on Maintenance Fees.
• Professional Services are Billed Quarterly or Monthly (your choice).

Maintenance:

• All major repairs will always have the owner's approval before commencement of work.
• All contractors are Licensed and Bonded for your protection.
• Schedule and Coordinate Contractors for work that needs to be performed.
• Many contractors will work at a reduced rate for the Management Company.
• You will receive Quality Workmanship at an Affordable Price.
• Our vendors are not employees of ours so this does not result in a conflict of interest for you.

Additional Services:

• Evaluate property after Tenant occupies and vacates the property.
• Mail itemized list of deductions to Tenant after vacating with-in 21 days.
• Guarantee a One-Year Lease, if the Tenant breaks the lease then there will be no fee to the owner to re-rent the property.
• We are currently using a legal size four page rental contract to protect the owner and property.
• Advertise and show the property to prospective Tenants.
• Provide any necessary Addendum's to the rental contract. I.e. pet disclosure, mold disclosure.
• Advise you on any maintenance issues and supervise when necessary.
• Network with other rental agencies and property managers for prospective tenants.
• You will be updated of the value of your property in today's market.
• Submit your property to various web sites for additional exposure.