Bronze Service Package
Bronze Package
This is our barebones package for the do-it-yourself Enthusiast
Base Fee: 5% of the monthly rental rate
Services Included:
- Monthly Rent Collection
- 24 Hour Facilitation of Maintenance & Repairs 1
- ACH Direct Deposit of Rental Income
- 24/7 Access Internet Landlord Portal
- Simplified Year End Accounting Statements
- Portal Communication 2
Optional Fee for Service Items:
- Tenant Placement: $495.00 3
- Lease Renewal: $249.95 3
- Drive-by Inspection: $49.95 4
- Interior Inspection: $89.95 5
- Eviction Processing: Initial Paperwork: $249.95 (no court); $495.00 (court appearance); Lockout $149.95; Personal Property Eviction: $149.95 6
- All other services and requests are considered extraordinary and will be billed at an hourly rate of $95.00.
Requirements:
- Must deposit and maintain a Repair/Expense Reserve of $1,000.00.
- Minimum 2 Year Service Contract 7
- Property must be “Rent Ready” 8
1 Maintenance & Repairs are billed separately in addition to service fee.
2 Unlimited portal communication, all other types of communication will be billed at the extraordinary hourly rate.
3 This is a fee for services product (additional cost), valid for 6 months or until a tenant is placed, whichever occurs first. Fees must be paid in advance, services included are Advertising on MLS, Zillow, 1 Craigslist Posting, Hot Pads and Trulia included for up to 6 months, screening of up to 5 groups of tenants. If the property is not rented within 6 months, you may elect to renew for $249.95 for an additional 6 month period. Showings will be self-showing, through a Rently lockbox.
4 This is a fee for services product (additional cost), which includes a drive by of the property, photos of the front, 2 sides and the address and a brief report of what was observed during the inspection. This information is placed in a pdf report and delivered via the communication portal.
5 This is a fee for services product (additional cost), Interior inspection includes a walk through of all bedrooms and bathrooms, garage, front and back yards and photos which are placed in a brief report of what was observed during the inspection. This information is placed in a pdf report and delivered via the communication portal.
6 Evictions require additional fees for process servers marked up by 25%, Owner may, at their own discretion, chose to seek legal counsel for additional fees.
7 Early termination fees apply. A $99 processing fee plus one half of the total amount remaining within the two year period of the gross monthly rents. i.e. cancellation at year 1 on a rental that rents at $1,000 monthly would be charged a $99 processing fee plus one half of the remaining months of the contract, $300.00 for a total termination fee of $400.00.
8 “Rent Ready” is defined as a property that is ready for a tenant to occupy (or is already occupied by a tenant) that is not missing such things as window coverings, appliances, smoke alarms, CO Detectors, in need of repairs, in need of cleaning, etc. In the event that a property is not “Rent Ready” the owner will be billed at the extraordinary rate of $95 per hour to bring the property to a “rent ready” status in order to start the Bronze package.