Owners

11% of the monthly gross (if tenant pays all utilities).

12% of the monthly gross (if 1st Choice pays any utilities).

Leasing fee of 50% of the first full month’s rent.

For new owners, I charge a one time, non-refundable start up fee of $100 plus $50 per unit. If you own a single family residence, the start-up fee is $150. If you own a duplex, the start-up fee is $200.

I manage over 300 properties in and around Lansing (2260 Okemos Rd - Okemos, 2047 Adelpha – Holt, 712 Peachtree - Mason, 8858 Jacaranda – Dimondale, 419 W Saginaw - East Lansing, 4275 Lavender - DeWitt, 234 Clinton - Grand Ledge, 1605 Berkeley - Lansing and 6291 Marsh - Haslett are a few...)

I advertise on 40 different online sites -- at no cost to you. I can do that, as I am the owner of www.RentLansing.com.

I pay my cleaning people hourly to clean and prepare your unit for rental. That does not include any trash removal fee, if the tenants have left anything behind (furniture, trash, clothing, etc...) I cannot guarantee how long it will take to get your property rented. If you set a monthly rent that you will not drop below, it may take longer to get the unit rented. I like to set a rental price, and drop it by $25 every 2 weeks. That gives me a fresh ad presence on the websites. I currently have a handful of vacancies, most on lower end properties (which take longer to rent). I have reduced the rents to a point where I am now getting 7-8 showings a week. I still have to select good tenants. My philosophy is -- taking $50 less per month in rent, gets the unit rented, you aren't paying utilities, and over the course of a year, it makes up for leaving the unit vacant for a month.

I require owner approval on any repair over $300. If repairs are less, I handle them, and deduct it from your monthly owner distribution payment. This is not negotiable. I find owners who want to micro-manage, really should be their own property manager. If there is an emergency repair (health & safety issue), I do not contact you, regardless of price. I make the repair based on my best call.

All owners and tenants are given all company contact information. We do have 24-hour maintenance services. I can be reached during the day. If you get voicemail, I WILL call you back. Don't be surprised if you do go to voicemail. I average 80-100 calls a day with my business. Tenants are advised to call the maintenance staff with emergencies.

Contracts are for 12-months. I learned the hard way, some owners like me to get good tenants placed, then they find they can do the rest themselves. I charge a termination fee equal to one month's rent if you cancel in the middle of a contract.

I perform "Seasonal Inspections". These are done approximately 90-days following a new tenant move-in and periodically as needed thereafter. Tenants are notified in writing. I bring them a furnace filter when I come to inspect. I ask what they would like to see done at the property. I determine how they are treating your property.

Tenants must complete an on-line application, with a non-refundable $40 application fee. I use Experian for my credit checks and criminal background checks. I do check the public website for sex offenders if needed. I have a very strict pre-screening and application process. I do not place "warm bodies".

Best Regards,

 Jill Powell