It depends on the home condition, how much you want in rent, and what the local market will support. However, through our Un-Matched advertising, we provide quality New Jersey tenants in 35 days on average, but it can be a matter of weeks, or even days. If we have a good product (your house) we can move it faster and for lower cost than any other property management company or brokerage in the city.
Since we specialize in single family homes we have our finger on the pulse of the market. Between using our own in-house private data, driving the neighborhood, and previous properties that rented in the area, and the specs/condition of your house, we formulate a market rental rate that will attract quality tenants.
No keys will be given out! Unlike other management companies that give tenants the lockbox code or keys, your property will only be shown by one of our professional leasing agents or a licensed Real Estate agent who have access and of course in-depth knowledge about your home.
Once the prospective tenant says; “I want to rent this house,” we employ several outside companies to our proprietary software program will offer a recommendation, run a credit report, conduct back ground check, review employment history, rental history, and check local and national sexual offender databases. Upon that recommendation, we enlighten you with our findings, to help you make the final decision on your new tenants.
Tenants know that rents are due on or before the 1st of each and every month. The income is collected and posted to your account. Owners can choose a check, or receive an electronic funds transfer right into their bank account.
We have an in house maintenance division and specialized vendors that are qualified to handle any issue that may arise with the home. These are vendors that get repeat business from us, and are properly motivated to give high service at a low price. We do not mark up parts like other companies so you receive the best work at the best price, if any issues occur.
There is always a risk that your tenant will not treat your home as well as you would. In general, though, damages past normal wear & tear are the exception. We do believe that the best way to avoid issues is to find high quality tenants.
In general there is not a market for furnished rentals right now.
Tenants typically handle all lawn care and maintenance. We do offer full landscape services to you or tenant as an option.
No, Make sure to leave the utilities in your name until transferring over to the new tenant when they move in. If you cancel, there is a risk of damage during cold weather (i.e. Plumbing, appliances, sump pumps, damaging pluming, appliances, and it’s a lot more work getting them turned back own as a “new” service under the tenants name.
Yes, you should maintain a landlord policy on the property. The tenants can’t carry homeowners insurance since they don’t own the house, but we mandate all tenants to carry renters insurance for personal their belongings. It’s always a good to contact your insurance agent and let them know your renting the house and make sure you are protected.
Today. It’s never a good thing to wait until the last minute, especially in today’s current economy. It’s a perfect time to start lining up prospective tenants.
Unfortunately there are many agents and brokerages that have ZERO property management experience and definitely not specializing in the rental of single family homes, condos, and townhouses. They often only use the Multiple Listing Service (MLS), whereas we use MLS plus popular internet sites such as Craig’s List, Zillow, Trulia, and others. These sites are where today’s tenants frequent.
MNI Property Management Pros has the competitive rates and the most comprehensive service available. For covering the initial evaluation, pictures, video, professional ad, distribution of that ad to the top targeted websites, showings, tenant pre-screening, and document preparation, our rental commission is equal to the first months rent. Our monthly management fee is a % of rent in order to align our goals with yours. Also we only charge on collected rents, which means that we only get paid when you get paid.
We ask owners to fund you $500.00 reserve account for any recurring or anticipated expenses associated with your home (i.e. hot water heater goes out, plumbing issues…).
Simply request a free quote and we will answer all of your questions.
We have an exclusive Hybrid Real Estate System where we can simultaneously market your home for rent, rent to own, land contract, sale, or any other terms that are suitable to that will provide the fastest possible solution in your current real estate market.
Request your no hassle, free residential property management quote below.