- Establish
optimum rents.
- Market
Property
- Represent
owners in lease contracts.
- Adjust
to reflect anticipated market trends.
- Home
Inspections.
- Establish
necessary reserve funds.
- Predict
anticipated revenue.
- Review
the cash flow in light of the owner’s objectives.
- Develop
a comparative income and expense analysis.
- Maintain
integrity of premises.
- Prepare
monthly financial reports.
|
- Qualify
potential tenants.
- Collect
all rents and tenant fees.
- Pay
all bills and prepare disbursements.
- Prepare
annual income and expense report.
- Catalog
property status on-line / Management Web Page
This
is a broad range plan that is to be customized to the
Owner
/ Investor / Individual needs.
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Administration......
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The Westward Team will
stay apprised of your property needs and always have someone on
call to handle the needs of our clients and tenants. We will custom fit the course
to match your individual property needs. Our commitment is to offer their clients an
efficient, thorough and cost effective management concept. With Westward RMG, you will begin to see the profit in leasing without
the pain of management. |
|
Operations
reports |
Review
tax assessments |
|
Pay
invoices |
Financial
coordination |
|
Rent
collection |
Maintenance
schedule |
|
Insurance
advice |
Marketing Property |
|
Modified
accounting and reporting |
Coordinate
lenders |
|
Staff on call |
Owner/Tenant
relations |
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Book
keeping |
Manage
Landscaping |
|
Annual
budgets |
Contract administration
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|
Lease
administration |
Indoor/Outdoor
maintenance |
|
Distributions |
Assess Opportunities |
|
Prepare reports |
Employ and train personnel |
|
Database and coordinate vendors |
Necessary research |
|
|
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Responsible Management for your Property
-
Rent received by the 3rd of the month or late
charge enforced
-
Late charges retained by Property Manager for
collection action
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Homes maintained by quality subcontractors
at a reduced rate
-
No markups taken on standard repairs
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Complete and thorough tenant screening
process
-
Advertising, screening & paperwork
prepared for leasing your property
-
7 days a week availability for your
tenant emergencies
-
Periodic review of rental rates
& market analysis of your property
-
Computerized reports between the 4th and 15th
the month
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Repairs and maintenance promptly handled
TOP |
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|
This report is subject to additions and
or changes in response to specific
requests or inquiries and on going research -
Updated 04-15-2K6 |
|
Consulting and
coordination of financing for investments or acquisitions and
portfolios. Evaluation and Financial planning for associations and
groups. Participation in associations organizations for the success
of the group. Reports and budget development. Analyze reports and
executive summary for owners. Maintain tenant files |
............Financial
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Research and
coordinate lending |
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Prepare reports
tailored to the property needs |
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Analyze budgets and
make recommendations |
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Maintain tenant files
and yearly records |
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Tax assessments
TOP |
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|
Marketing............. |
For sales and leasing
we have your interests featured on not one or two but a network of
websites and
pursue the continual indexing of our webs to other sites. For our
Groups, Associations and investors we will create your own website to host the
information and reports we make available on-line for you to track
your investments. |
|
|
Ablewise
Cazoodle
Classified.org
Googlebase
GoogleFeedBurner
HousesForRent.ws
Inetgiant
|
My New Place
Ollo
OLX
Overstock.com
RealtyFeedSearch
Rentals.com
RentJungle
|
Rentology.com
RentSpeed
TenantPlus
Trovit
Vast
Zikbay
Zilpy
|
|
In Addition:
1000's of Realtor sites fed by IDX
MLS data |
Craigslist (free)
Backpage (free)
Oodle (facebook) |
Some print ad advertising
primarily in local Mags and the Greensheet |
|
|
|
|
Day to day
operations include servicing our clients and coordinating property
maintenance, sales,. research and marketing. With five fully
functional home office and office locations we have the personnel
and resources available at all times to answer your questions or
respond to requests. Our personal use and command of the internet
can put information at your finger tips to be viewed at your convenience. |
..........Operations |
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Cost evaluations |
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Problem solving value
assessments |
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Market analysis |
|
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Client mediation |
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Internet hosting
TOP |
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Maintenance......... |
Maintenance schedule
planning to fit the needs of the individual property to insure the
owners value and the benefit of associations and groups is a key
element to success. Supervising regular maintenance, solve specific
problems, regular inspections by checklist, and the assignment and
coordination of staff to examine critical components concerning a
particular set of circumstances. |
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Regular property maintenance
supervision |
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Regular inspections by checklist |
|
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Database vendors and
analyze performance |
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Staff assignments of
regular examinations |
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Research cost effective
operations |
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Formulate schedules |
|
|
Preventive
Maintenance Program |
-
Prepare
an inventory of equipment and building.
-
Determine
necessary maintenance tasks.
-
Calculate
the cost.
-
Schedule
the tasks.
-
Perform
routine inspections.
-
Keep
records.
TOP
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|
Our
Broker Dave Christensen holds designations
specializing in Property Management. The RMP, (Residential
Management Professional) and the CMCA, (Certified Manager of
Community Associations). He has served as President of the Greater
Dallas NARPM chapter (National Association of Residential Property
Managers). He has served as Chair of the Collin County Association
of Realtors Property Management Committee. See the broker link for more. |
...........Brokerage
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Expert industry advice |
|
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Contract review and
oversee |
|
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Office web and client
network |
|
|
TOP
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Book
Keeping.......
|
Management
software and experience in the field staying updated to particular
needs and developments in how we can provide you with the
documentation and reports styles you need. All agents proficient
with the book keeping and able to find your data.
TOP |
|
|
Our policy is our
tenants are relationships to be cultivated with prompt communication
in the form of response, action, availability, reminders and service
with the end result being renewals, less down time, commissions and
make ready allowance. the tenant is a partner in your success and
our business' |
.......Tenant
Services
|
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|
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Market property and
negotiate quality tenants. |
|
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Order, supervise and
inspect make ready operations. |
|
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Provide tenants with
move-in information |
|
|
Negotiate leases, terms
and renewal rates per owner parameters |
|
|
Prepare and execute
lease, amendments and addendums per owner |
|
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On-line
Database |
|
| Avoid |
|
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Late rent payments
-
Bounced rent checks
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Midnight repair problems
-
Move-outs
-
Repair appointments
-
No show appointments
|
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Middle of the night skips
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Checks in the mail stories
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Bad maintenance/high prices
-
Below market rental rates
-
Month to month leases
TOP |
|
|
Construction........... Management |
We can supervise the
construction needs of your property with an excellent database of
contractors including Cost estimations and space planning. We will
Monitor and oversee tenant improvements and see that they are
completed timely. |
|
|
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Solicit,
obtain, review and secure construction contracts |
|
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Establish
structure and material specifications and standards |
|
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Acquire
necessary permits |
|
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Inspect
construction and oversee punch lists |
|
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Establish
and monitor insurance and licensing requirements |
|
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Obtain
and file waivers and engineering specifications |
|
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Process
draw requests |
|
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Monitor
city and fire codes with city |
|
25 years experience as a
contractor and a maintenance coordinators with
30 years in the business. We have the experience to serve
as a general contractor for all types
of projects from simple to redo's
for a person who needs to get a
house on the market, to rental home
complete renovations, to make
ready. We can save you money and
time.
TOP |
|
Our Philosophy is one
of the providers of information. We believe the reason you hire a
professional is to have on your side the information needed to make
your decisions concerning your investment. We make this available to
you in a variety of ways in the form of
reports, statements, web
postings and constant communication. Coordinating all of the experts
involved in the resolve of your concerns and the conveyance of the
information as the coach of a team of these experts to achieve your
desired results. TOP |
........Our Philosophy
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|
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Our People......... |
The Westward
Team is a family operated business. Our team of contactors and
assistants provide the personal service that keeps you in touch
with your interests. With a variety of talents ranging from
marketing, accounting, decorating, planning, evaluation, people
skills, web marketing, advertising, coordination, research, and
to continual development and education of the skills required we
make your investment and our relationship successful.
TOP
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|
|
A variation of report
styles, frequency and type will custom fit your needs. We will
develop ways to provide information to you in a way that it is most
beneficial to your specific needs |
........Accounting |
|
|
|
Analyze
invoices, contracts and expense reports |
|
|
Reduce
unnecessary services to cut costs |
|
|
Send
special invoices promptly for approval |
|
|
Set-up
and maintain bank accounts |
|
|
Process
deposits, checks and reconciling statements
TOP |
|
|
Investments......... |
Our team will research
and stay apprised of opportunities that might arise. We help our
investors seek ways to increase and optimize their portfolios. We
communicate information through our webs with your own personal
portfolio page and are always available by e-mail. We can assist
in financial interfacing with lenders.
TOP |
|
|
Here is a summary
of the general cost to Manage your Property. Some exceptions may
apply such as section 8. We will discuss the all of the needs that
you have but these costs will apply to most residential
properties. Please feel free to call with any questions. |
.............Costs |
|
-
75% 1st months rent to lease (Managed)
-
1st months rent to lease (Non-Managed)
-
8% monthly to manage (Normal rate). Some
exceptions may apply up to 10%
- Repairs up to $250 at our discretion (Emergency
$500),
approval of $200
-
Thorough walk through on move in / move
out (broker holds deposit)
-
$200 held in escrow for repairs
-
$15 Nominal marketing charge during marketing.
-
Full %50 commission offered in MLS.
|
|
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|
 |
Dave Christensen
mailto:davec@westwardrmg.com
Office 214-299-8590
Cell/Text 214-682-4385
Broker / Westward Realty and Management Group
/ RMP / CMCA / e-PRO / CCAR Property Management Committee / NARPM Officer / CAI Member |
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- VLaboratories -Copyrights Westward RMG 2011 -
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