In general, your responsibilities are the same as if you actually lived in the residence. The biggest difference is I'm your “Middle Man”. You maintain your Mortgage, Taxes, Insurance, & Association payments. You & the property still have to comply with applicable laws, rules, and regulations.
You will be expected to pay the expenses of Managing, Owning, and Operating the property. For example; classified advertising, maintenance & repairs (tenant informs me of maintenance issues and I handle them with funds from you), legal fees, Finders Fees (if another agent shows your home), and yard upkeep (if needed).
These items are normally paid for out of your received rent. However, you may be asked to contribute funds to cover my out of pocket expenses if a property is vacant for a period of time.
What’s taking so long? .......... Remember, the sales market is experiencing challenging times which can translate into an abundance of available rental properties. We don’t want just anyone in your home, so please…..Be Patient and believe me, we will find the right Tenant for you.
Home Enhancement is a valuable tool that gives a Seller an advantage in the sales arena. That same principle applies to Landlords & rental property.
We can only expect a Tenant to clean and leave the home in as good a condition as they received it. Let me show you my “Cleaning Guidelines” and see what I look for when I do a move out inspection.
REAVES PROPERTY MANAGEMENT
Robert Reaves is the owner/operator and a licensed Broker in the state of Virginia
Over 15 years of experience in Property Management
Member of National Association of Residential Property Managers
Member of the National Association of Realtors
Real Estate Investor with properties of my own
Virginia Beach resident and Homeowner since 1993.
Retired Navy Senior Chief with 22 years of active duty, 1980 - 2002
B.S. Degree, Computer Information Systems
A.A. Degree, Liberal Arts
Minnesota Vikings fan
As the Sole Proprietor I personally manage which allows me to give your property the undivided and meticulous attention it deserves.
I worked for over two years as a Property Manager at the Virginia Beach Oceanfront and learned the details of Property Management. I began acquiring properties of my own and shortly thereafter became a Real Estate Agent.
People-friendly, customer oriented, computer literate, and excellent administrative and organizational skills. I also know how to inspect homes and identify potential problems (a valuable plus for you).
Married my lovely Wife & High School Sweetheart, Emily in August of 1982. We have three beautiful Daughters Ebony, Roberta, and Tiffany and 5 Grandchildren! Emily is an Account Clerk with the City of Virginia Beach, Ebony is raising a family in California, Roberta is a Medical Assistant living in Virginia Beach, and Tiffany is a Marketing Director in New York.
How much will it cost?
The one and "only" fee I charge is a 10% Management Fee
Take a look at "additional" fees charged by other management companies
Set up Fee
Lease Renewal Fee
Vacancy Fee (really??)
Unpaid Invoice Fee
Extra Duties Fee
Some management companies charge extra to report maintenance required on your home when they should be visiting & inspecting anyway!
Reaves Property Management 757-567-0661
Not happy with your Property Management situation?
Don't know what Property Management is all about?
call ....... 757- 567-0661 ........ we can just talk
A Property Manager is the "middle man" between Owner & Tenant
My quick & easy 5 step management process;
1. Meet at the property (or get me the keys) so I can view
2. Sign Property Management Agreement (click here for a sample)
3. Advertise & show the property for rent
4. Screen prospective Tenants
5. Start depositing your checks
For more details read myProperty Management Summary