Thank you for your interest in our long term property management services. Although we work hard to tailor our services to you, the following paragraphs outline the basic areas of our service. We offer a full range of property management services tailored to you as an investor, homeowner, or landlord. We have an extensive portfolio of single family homes, townhouses and condos in the North Padre Island area.Benefits of using Coldwell Banker Island Escapes
Marketing and advertising begins with placing our sign and photographing your property to prepare for our online marketing. We advertise online on our company website, rentpadreisland.com, as well as AHRN (Automated Housing Referral Network) which is the worldwide military housing website. We strategically place your property online with Zillow, Truila, Hotpads, and many others. For maximum exposure we advertise in the local North Padre Island Moon newspaper. We also have a tremendous volume of clientele from our Coldwell Banker Network and prime Island location.
Whether just stopping by or by appointment, our properties are shown exclusively through our office by one of our property managers. This helps us find the right property for the right tenant.
Once we receive an application on your property, we will carefully qualify the prospective tenant. We research several areas of each applicant’s background. We analyze their credit history. We verify employment history and income. We obtain past rental history from previous landlords, as well as obtain a criminal background report.
All rents are due on the first day of each month and late after the third. Should the rental payments not be received by the third, we immediately contact the tenant to investigate the issue and notify the owner of any delayed payment. At which time we will visit with the owner about the different options that are available to them.
Upon collection of the rent, all invoices are paid, such as repairs, electric bills, lawn service, pool service, etc. and collection of our management fee. At that time we prepare a detailed monthly statement with copies of all invoices, if any. The net rent proceeds will then be sent via electronic funds transfer or by check, whichever is preferred. It is our policy to get owners’ statements and money out as soon as possible. Money will be sent out no later than the 10th of the month.
In the event of repairs, all owners are notified immediately. As a convenience to the owners we can set a pre-determined amount for authorization to make repairs. However, if repairs are above the pre-set amount we contact our owners for authorization and discuss the problem and determine the best course of action. We provide 24 hour phone service for all repair issues. All of our repairs are performed by insured subcontractors and are not up charged by BARM.
We also perform quarterly inspections for the protection of our properties. Upon inspection a report along with photos are emailed to the owner.