Among the complete program of management services provided to the individual real estate investor, First Avenue Realty will:
- Collect tenant rents, including the coordination of late rent collection and representation at eviction hearings if necessary
- Schedule and supervise maintenance and repairs, including "make-ready" prior to leasing
- Work in conjunction with homeowners association (if any) in assuring tenant compliance with association rules and regulations
- Provide complete bookkeeping services including deposit of rental and other income, payment of vendor and other invoices, and preparation of annual forms 1099 (if needed)
- Produce comprehensive monthly financial report including current month and year-to-date income statements, detailed account register, outstanding accounts payable listing, and copies of all paid bills
- Handle emergency callse twenty-four hours a day, seven days a week
- Market and lease property as described in Leasing Services
- Complete periodic market research to analyze rental rates of comparable area properties and implement rent increases as warranted
|