Management Services
Evaluate Properties
With our extensive knowledge of the Shreveport/ Bossier rental market, we will help investors determine optimal rates for properties to allow quick leasing and maximize return on investment.
Market Property
- Prepare property for rent
- Internet advertisement: website (http://www.portcityrealty.org) and social media
- Advertise with signs, flyers, and referral program
- Meet prospective tenants for showings throughout the week and weekend
- Guide prospective tenants through application process
Resident Screening and Selection
- Perform a background check to verify identity, income, credit history, and rental history
- Grade tenants according to pre-defined tenant criteria
- Decide which tenants meet our standards
Tenant Move In
- Review lease guidelines with tenant regarding rental payment terms and property maintenance
- Perform detailed move in inspection with tenant
- Collect first months rent and security deposit
Rent Collection
- Receiving rent
- Collecting late payments
- Distribute collected funds (direct deposit or check)
Evictions
- Filing relevant paperwork to initiate and complete an unlawful detainer action
- Representing investor in court
- Coordinating with law enforcement to remove tenant and tenants possessions from unit
Financial Reporting
- Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form
- Provide easy to read monthly cash-flow statements that offer a detailed breakdown of income and itemized expenses
Maintenance and Repairs
- Provide and oversee an in-house maintenance crew
- Establish a preventative maintenance policy to identify and deal with repair needs
- Provide a network of contractors who have been vetted for good pricing and quality work that is up to code.
- Assign jobs to different parties based on who will do the best job for the best price.
- Maintain and monitor a 24 hour emergency repair hot-line
- Discuss with owner any repair totaling more than $250.
Tenant Move Out
- Inspect unit and fill out a report on the property's condition when tenants moves out
- Provide tenants with a copy as well as estimated damages
- Return the balance of the security deposit to tenants
- Forward any eligible portion of tenant’s deposit to investor
- Clean unit and perform and needed repairs or upgrades
- Re-key the locks
- Put the property back on the market for rent
