TDG requires all prospective property owners to complete an application. Upon an approved application, you will then by required to complete and signed a property management agreement. Access to these documents will be available online.
Rents are collected on the first of every month and deposited into your account 72 hours after funds are received and cleared.
In addition to full service property management services, TDG offers a variety services that will add value to property owner's investments from single room renovation to full scale new home construction, small repairs to major rehab projects, weekly gardening services to complete property landscaping. Call us today to discuss your property needs.
We conduct an extensive tenant screening to match the right tenant with the your property. However, there may be an occasion when a tenant needs to be evicted for a breach in their lease contract. TDG will first ensure your property is completely up to code by conducting a thorough property evaluation prior to joining our team. Secondly, we will follow the state landlord and tenant laws in terminating tenancy which includes keeping detailed records of any lease violations.
Yes, you may choose your owner maintenance vendor, however TDG has a broad network of qualified and vetted vendors that we have used for many years allowing us to offer competitive pricing that we can pass on to our clients.
TDG offers competitive pricing for property management services. Our fee is 5% of collected rents for 50 units or less. You may qualify for additional discounted pricing for 51 units and above. Please feel free to call our office for more details.
All applicants will be required to submit a complete application for our review. Each, potential tenant will be screened for employment status, rental history and criminal background.
Maximizing your profits is the goal of most property owners. However, overpricing may cause you to miss out on qualified tenants, leaving your property vacant for an extended period of time. TDG comparatively analyzes the market and determines the best rental price that will draw the most qualified tenants while yielding the highest potential profits for our property owners.
We will advertise your properties on Craigslist, Truila, Zillow, Hot Pads, public bulletin boards and other high traffic listing sites in addition to posting 'For Rent' signs on the property for high visibility. We will track your listings to ensure your properties are rented as quickly as possible.
The average days-on-market is approximately 26 days. TDG will ensure your properties are market- ready and priced at market rates to shorten the days-on-market.
Month-to-month leasing may be beneficial if you intend on living in the property for a predetermined length of time, e.g. you travel frequently but still need a home base or you use this a second home. Longer lease periods may minimize tenant turnover, vacancies and maintenance costs. Nevertheless, leasing on a month-to-month basis or on an annual basis is up to you and will depend on your leasing needs.
Rents will be collected on the 1st of every month. A late fee will be collected if the rent is paid after the 1st. If a tenant pays only a part of the rent, they would be considered in default. A '3 day notice to pay or quit' will be issued. If the tenant does not comply, TDG will follow the state landlord and tenant laws to terminate tenancy.
California state laws say the tenant may not unreasonably deny access, refuse entry or withhold consent to enter the residential rental unit to the owner, agent or manager for the purpose of making repairs to the unit. 24 hour written notice with purpose of intended entry is required for non-emergencies. The landlord has the right to enter a tenant's residence when there is an immediate threat to person or property, e.g. busted pipe, electrical short, fire, etc.
Every property is different and the time it takes to get the needed repairs done will vary, however plan on the following:
There are generally two types of penalties for NSF checks: civil and criminal. Civil penalties address how much you can collect after receiving a bad check. In some states, this can be much more than the amount of the bad check, and may include double or triple the amount of the check plus attorney fees and damages.
Under criminal penalties, the tenant can be prosecuted and even arrested for writing a bad check. Bounced checks may become criminal matters when there is an intent to defraud on the part of the person writing the check. The majority of bounced checks do not involve criminal penalties, as most people cover a bad check as soon as possible.
TDG will first contact the tenant by phone and explain that their bank has refused the check and have charged the rental account an NSF fee (average is $27). We would then only accept certified funds, a cashiers check or a reputable money order for the monthly rent, late fee and the NSF fee. If the tenant is unable to submit viable funds, TDG will follow state laws to initiate termination of tenancy procedures.
Yes, the property owner is responsible for maintaining a property that is safe of hazards including mold. If in doubt, TDG can schedule an appointment with one of our certified professionals to come and conduct mold testing is needed and subsequently contacting the local board of health and housing authority to clear the unit for rental. Additionally the CDC recommends:
Ultimately deciding whether or not to allow pets in your rentals is your call as a property owner. Some owners think they need to allow pets to find suitable tenants. However, if you decide to allow pets your property should be fitted with an exterior pet run and other pet friendly areas to minimize damage to your property. The tenant lease should include a pet addendum that details what type of pet, size, rules for leaving pet alone, etc.
Additionally, a property owner needs to be aware of the potential liability should an accident or dog bite should occur on the property. Most state laws say that the owner of any dog is liable for the damages suffered by any person who is bitten by the dog while in a public place or lawfully in a private place, including the property of the owner of the dog, regardless of the former viciousness of the dog or the owner's knowledge of such viciousness.
TDG will conduct a thorough property assessment to determine if the property is properly suited for pet dwellers and will advise property owner of recommendations should the owner choose to open up opportunities to lease to tenants with pets.
All repairs need to be handled as quickly as possible to minimize the health and safety of your tenants as well as long term damage to your property. Your tenants need an avenue to contact you or your designated property manager for any matters related to the property 24 hours a day, 7 days a week. Remember your maintenance vendors must be licensed for all HVAC and Electricial work or you risk code violations, possible citations and shutting down project until violations are resolved.
If any repairs is due to tenant negligence, you can charge the repair back to the tenant.
Unless the tenant has caused the damage or is negligent about property maintenance for which they would be responsible, then the owners are financially responsible for the repairs and this includes normal "wear and tear".
As a landlord much of your time and costs occur upfront. You will need to inspect, prepare, advertise and show your property. You will have expenses for performing background and credit checks on your potential tenants and additional costs to prepare and execute all of the required Fair Housing and other legal documents.
You can definitely do the property maintenance yourself, however outsourcing that responsibility can eliminate the some of the hassle associated with maintaining your rental unit. There are qualified and bonded professionals who can periodically inspect your property and coordinate all maintenance activities. They are able to provide quick and high-quality maintenance at a lower cost than what you could obtain on your own.
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