Investor Project Walk Through Fix and Flip

Benefits of Professional Property Management:

• Property Evaluation
• Vacancies
• Tenant Selection
• Security Deposits
• Rents Collected
• Accounting Services
• Property Inspections
• Maintenance Services
• Eviction Services

Property Evaluation

We will assess your property, make recommendations, and obtain the best price and a quality tenant.

Vacancies

Vacancies are expensive for both of us. We make every effort to keep our vacancies to a minimum. Our aggressive marketing plan allows your property to be presented to the largest possible market in the shortest possible time. With over 20 years of building relationships we now have a vast and comprehensive network of contacts to help fill vacancies.

Tenant Selection

We want good tenants just as much as you do! We pride ourselves in the quality of tenants we are able to attract. Mavi Property Management views resident selection as our most important function. Years of experience in dealing with tenant screening virtually insures a hassle free experience. Our extensive tenant screening and credit investigations help ensure this.

Applicants are required to complete a detailed rental application, meet minimum income requirements, rental background, credit requirements and provide references. We run a total credit check on all prospective tenants. In addition, we report any delinquencies to the credit bureaus! This has proven to be extremely effective in stopping late rents.

Once a tenant's application has been approved, appointments are made to approve the actual lease agreement. We review the lease thoroughly with the tenant. This gives us a chance to answer any questions and to carefully explain the tenant's responsibilities as well as our company's policies, and rules. This attention to the tenants' needs greatly reduces misunderstandings and eliminates many potential problems before they are problems. A copy of the lease agreement will always be sent to you upon execution.

Once again, we want good tenants just as much as you do! We pride ourselves in the quality of tenants we are able to attract.

Security Deposits

For additional protection, appropriate security deposits are always collected upon completion of rental applicants by a prospective tenant. Amount of deposits are based on the monthly rental rate and the credit worthiness of the tenant. Applicants with pets are required to pay an additional pet deposit, if the owner approves a pet.

All deposits are maintained in a trust checking account as required by state real estate regulations until they are either refunded to the tenant upon the successful check-out inspection or are forfeited to cover damages caused by lease violations.

Rental Collections

All rent is due on the 1st of each month and is considered late if received after the 5th of the month. Late notices are sent on the 6th and removal proceedings are initiated if the tenant does not make immediate arrangements for rent payment. We feel that the collection of rent is the second most important function of managing your property.

Accounting Services

Every transaction affecting your account balance is recorded and explained in detail. Our computerized accounting system enables you to see exactly what has transpired with your property on a monthly basis.

Copies of all work orders and receipts are kept on file throughout the year. We will be happy to provide duplicate copies of this information at the end of the year to help you with your tax preparations.

In addition to the monthly statements we also provide a complete account summary at the end of the year. This shows you each accounting transaction posted on your property during the year; i.e., total rent received, total mortgage payments made, total maintenance expenses, etc. These statements are specially designed to simplify the year-end tax preparation job for you and your accountant.

Property Inspections

Our main job is to protect your investment property. We do this in two different ways. First we make frequent drive-by inspection tours of your property. In addition, we make regular preventive maintenance inspections of the interior of the property. It is stated in the tenants lease agreement that we have the right to make routine announced inspections. Tenants are always notified in writing of pending property inspections.

Mavi Property Managers conducts routine inspections, and tenants who are doing a good job received a letter thanking them for their time and the care taken in maintaining their home. Tenants who are doing a poor job are also notified, and then we follow-up with a second inspection ten (10) days after the tenant has received the failure report. If the tenant has not shown good faith by providing property maintenance or making requested repairs we will begin proceedings to correct the problem at the tenant's expense.

Maintenance Services

Timely and competent maintenance is the key to protecting your investment. Our goal is to provide you with this important service at a reasonable price using only qualified personnel.

All repairs and maintenance services are performed by our handyman staff, outside vendors, and contractors. Each has been selected because of their ability to provide the best possible service at the best price.

You reserve the right to schedule and control any or all repair and maintenance responsibilities, if you desire.

Routine repair and maintenance will be performed as needed and will be based on urgency and importance. For any major job, we usually obtain written estimates from three different companies, notify you, and obtain your approval before we proceed.

We ensure the quality of the work performed by making spot checks and follow-up inspections. You are further protected because each job is fully documented in writing and supported with receipts.

Eviction Proceedings

We hope you will never have to use our eviction services. To protect you, our office has the latest resources to verify every aspect of the applications.

Unfortunately, even families that are well qualified can encounter serious situations (loss of employment and divorce are the most common). In many cases financial instability is the problem. When a family does not pay rent and does not move, our only recourse is to take legal action.

Typically, the paper work is sent to the attorney's office, the tenant is served the legal papers and our office will appear on behalf of the owner to present evidence. The matter is usually an issue of unpaid rent and the judge normally finds in favor of the landlord. The total eviction cost varies and we generally expect the process to take about three weeks after we send the paper work to the attorney.

Should an eviction process need to be implemented we will discuss the matter in full detail with you and make the process as easy and pain free as possible.

...of the Mavi Unlimited Property Management website.

We are proud to offer this section of our website to provide additional information for our clients. We strive to stay on the cutting edge of technology and believe this is what sets us apart from our competitors.

We appreciate your business and hope you will find our website useful and informative.

We have taken the liberty of answering a few of the questions that are most frequently asked by our owners. Please visit the FAQ section to learn more about these questions and answers.

You will also find a form to complete if you are interested in having your monthly withdrawal funds transferred directly into your bank account. Please click on ACH Sign Up Form to print out the form and start the process.

Our owners may also choose to view their monthly statements on-line. Please choose Account Login and follow the instructions on how to access your private account information.

Many of our owners and colleagues alike have found our monthly newsletters to be very informative. All our past newsletters are included here and easily accessed for your reference.

We very much appreciate your business,
Your Mavi Property Management Team

My goal is to help individuals buy or sell property by providing knowledgeable counsel throughout the real estate transaction.  I put my clients interest first and handle their affairs as if they were my own.   I want to help you understand the home buying process and feel confident about your home buying decisions.

Buying a home is a big step and having a professional team behind you will ensure you're making the best choices. I can assist you through the entire process from your initial search on my website (where you can receive new listings sent to you via email  Search Saver)  With my support and experience in your corner, you'll be assured of a smooth and easy first time home purchase. 

Whether you are buying, selling, or simply considering a move, I would be happy to speak with you.

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