Full quote on potential furnishings, appliances and decor.
Custom Made Headboards
Furniture, Picture, Decor and Mirror Placement
Room Dressing Upon Project Completion
Closet Organization and Space Planning
Draperies and Window Coverings
Flooring/ Finishing Selection, Moulding, and Tiling
Remodeling and Renovation Services
Enlisting our Handyman for the Majority or All Necessary Remodels and Renovations
Enlisting External Contractors if Necessary for:
Interior/ Exterior Painting
Heating/ Air Conditioning
Property Management Services
Evaluate the Property and Determine an Accurate Rental Rate:
Perform detailed documentation of the interior and exterior including photos.
Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while providing good ROI.
Gather data on rental rates in the area and work with owners to determine the optimal rental rate. Rent research will vary, but should include looking at the recently rented comparable according to size and type.
Discuss with owners the pros and cons of different policies such as accepting pets, allowing smoking etc.
Market the Property for Rent and Vacation Rental:
Prepare property for rent:
Clean home and optimize interior appeal
Manicure landscaping to increase curb appeal
Create ads tailored to the property and advertising medium. Some of the mediums commonly used are:
Paid and free rental listing websites
Paid and free vacation booking websites
Field calls from prospects for questions, bookings and long term tenant viewings
Meet prospective long term tenants for showings throughout the week and weekend
Provide prospective long term tenants with rental applications that are legally compliant with fair housing laws
Collection of long term rental applications
Advise in the event of a legal dispute or litigation
Refer owner to a qualified attorney when necessary
Understand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.
Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.
Send owner periodic reports on the condition of the property
Provide accounting property management services
Detailed documentation of expenses via invoices and receipts
Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses
Maintenance, Repairs, and Remodeling
Provide and oversee an in-house maintenance crew
Establish a preventative maintenance policy to identify and deal with repair needs
Provide an network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.
Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.
Maintain outdoor areas:
Leaf and snow removal
Removing trash and debris
Maintain and monitor a 24 hour emergency repair hot-line
Larger renovation or rehab projects
Provide recommendations on how the project can maximize rental income.
Prepare preliminary cost estimates
Get multiple independent bids for the work
Act as general contractor overseeing the work
Long Term Tenant Rentals Procedure
Long Term Tenant Screening and Selection
Perform a background check to verify identity, income, credit history, rental history, etc.
Grade tenant according to pre-defined tenant criteria
Inform tenants who were turned down
Long Term Tenant Move In
Draw up leasing agreement
Confirm move in date with tenant
Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance
Ensure all agreements have been properly executed
Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
Collect first months rent and security deposit
Hunting down late payments
Sending out pay or eviction notices
Enforcing late fees
Long Term Tenant Evictions
Filing relevant paperwork to initiate and complete an unlawful detainer action
Representing owner in court
Coordinating with law enforcement to remove tenant and tenants possessions from unit
Long Term Tenant Move Out
Inspect unit and fill out a report on the property's condition when the client moves out
Provide tenant with a copy as well as estimated damages
Return the balance of the security deposit to the tenant
Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.
Clean unit and perform any needed repairs or upgrades
Re-key the locks
Put the property back on the market for rent
Kelowna Accommodations Seasonal Rentals Association with H&L Condo Services Inc. Group 250 717 6826