MANAGEMENT SERVICES
What We Do As Your Property Manager
- tenant calls us for all repair request
- maintain maintenance log on all properties
- high quality maintenance with follow-up
- use of maintenance staff for minor repairs
- use of licensed and insured contractors
- timely response to repair request
- 24 hour emergency service
- handle all maintenance and repairs of up to $300 per one repair transaction without prior approval from the Owner.
- communication, communication, communication
- you are not “just a number” with Cornerstone Property Management Services, Inc
- Cornerstone works for you and with you to see that your property is managed profitably.
- Cornerstone constantly strives to provide each owner with the most professional management available and maintain their properties in the best condition possible.
- each property is given special attention.
- walk-through of the property upon signing of management agreement.
- move-in/move-out inspections at tenant turnover
- drive-by property reviews
- annual interior inspection to check for leaks, smoke alarm operation, filters, etc. (small charge to owner for this service – service call + materials)
- three-day notices are served between the 5th & 8th of each month
- tenants are given courtesy call about rent
- owners are called when tenant has not paid
- documents are prepared and faxed to attorney to start eviction process between 15th and 20th of the month
- we go to court on owners’ behalf.
- Set move-in date and time with new tenant and arrange for tenant to bring in deposit on property
- Prepare all forms needed for move-in. (rental agreement, disclosure form, lead paint booklet, move-in inspection form, maintenance procedure form, and new tenant form)
- Let owner and other leasing/rental agencies know the property has been rented
- Call to cancel utilities: Water, Garbage Collection & Gas/Electric Utilities
- Cancel all ads and have sign removed.
- Meet new tenant on property and do move-in, signing all forms and completing move-in condition sheet.
- Also give tenant instructions on any appliances, heating, air, pool, sprinkler equipment necessary.
- Send copy of signed rental agreement and send to owner for his/her records. Send note about prorated amounts of rent if needed
- Set move-in date and time with new tenant and arrange for tenant to bring in deposit on property
- Prepare all forms needed for move-in. (rental agreement, disclosure form, lead paint booklet, move-in inspection form, maintenance procedure form, and new tenant form)
- Monthly management fee as percentage of gross income and based on term of management agreement. For nominal long term agreements: 7% single family, 8% for duplex, multifamily units will be quoted after consultation and inspection.
- Lease up commission 50% of 1st month’s rent for locating and signing on a new tenant.
