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Client Property Management Services
Arkansas Homes and Land Realty is now managing properties and will strive to manage the properties under our stewardship so efficiently that our clients will experience an increase in property portfolio profitability that subsidizes the cost of our services. Our goal as property managers is to manage our client’s properties to the extent that their only involvement with their property is to receive a rental revenue check and a monthly income statement each month. Our premium property management services include:
Tenant Customer Service and Issue Resolution
There is a strong relationship between rental property profitability and the retention of responsible tenants. We can minimize tenant turnover and its resulting leasing and vacancy expense by developing strong landlord tenant relationships based on expeditious response to tenant concerns with prompt customer service.
Leasing Units and Processing Evictions
Our management fee is based on rental revenue actually received (not gross rent roll) so, we have a personal incentive to make sure your units are always rented at the highest rent the market will bear and that rent collection is aggressively pursued. When it is necessary to completely follow through on an eviction action, we manage every step of the process.
Bill Payment, Bookkeeping and Financial Reporting
At no extra cost, we will manage the paying of bills related to clients’ properties out of their rental revenue and provide our clients a monthly income statement detailing their properties’ performance for the month. We scrutinize bills for accuracy and handle the resolution of billing discrepancies. We also provide online access for clients to view the productivity of their properties at their convenience.
Property Maintenance and Improvements
We hire contractors to perform all necessary property maintenance and make recommendations to clients on making improvements to the properties when we feel doing so will enable them to raise their rents and increase the return on their investment.
Property Management Fees
Our fees are based on a percentage a client’s gross rent roll and ranges from 8% to 15% of gross rent collected each month, depending on how large that rent roll is. Basing our fees on rent collected ensures you do not have to pay a fee based on rent that is not even received as you might with other property managers that charge based on gross rent roll that may or may not be collected each month. If interested in learning more about how Arkansas Homes and Land Realty can help you with your property management needs Please contact Wendell or Rhonda Gibson
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