Long Term Rentals

Why You Need A Professional Long Term Rental Manager

Do You know…

• Fair Market rent value for the size and location of your property?
• What constitutes discrimination against an applicant?
• You cannot discriminate against children or familial status?
• The portion of law pertaining to service animals vs. pets?
• What notice to serve your tenant for unpaid rent?
• What notice to serve your tenant for breach of lease terms?
• What notice to serve a month to month tenant for termination of lease?
• How to begin the eviction process?
• Your responsibilities for holding security and other deposits?
• What repairs are required under the landlord tenant act?
• Time frame for effective renewal or termination of lease?
• The provisions for return or claim against the security deposit?
• What laws apply to claim abandoned property left by the tenant?

Do You Have…

• An easily read and recognizable “For Rent” sign?
• An Internet website that attracts tenants?
• Access to list your property with the local board of realtors?
• Access to current sales date if tenant offers to purchase?
• Federal lead paint disclosures & booklets and know the laws?
• A 24-hour emergency line for the needs of your tenant?
• Vendors to service the needs of your property?
• Vendors who are licensed and insured?
• Vendors that will respond as per the landlord tenant act?
• Access to an affordable attorney for free legal advice?
• Move-in and move-out forms and policy statements for tenants?

Are you familiar with…

• The Federal Housing Law?
• The Federal Americans with disabilities act?
• The landlord tenant act?
• The transient tax requirements of state and local governments?
• The Federal Fair Credit Reporting Act?
• Your state and local ordinances for renting your property?

Can You…

• Check credit, eviction and criminal records of applicants?
• Verify employment and income?
• Reach past landlords for tenant references?

Rental Management Services…

• Tenant screening for credit, civil and criminal records.
• Free rental analysis.
• Continuous training for Property Managers.
• Full service accounting for rent collection, bill payment and IRS 1099 reporting.
• Inventory service available.
• Free sales market analysis for your property.
• Fair market rates for appliance, AC and general repairs.
• Full compliance with Federal Fair Housing.
• Full compliance with Federal Fair Credit reporting.
• Full compliance with Federal lead pain disclosure.
• Full compliance with Virginia Landlord tenant act.