PROPERTY MANAGEMENT
Cobblestone Realty provides local property owners peace of mind to manage their investment/rental property. We are here to make your investment an enjoyable and profitable experience.
Service Includes
- Invoicing of Tenant(s) Monthly
- Bill Paying
- Tenant Relations Management
- Financial Reports to Owner (frequency based on your needs)
o Financial Reports: income statement and a general
ledger report
- Annual Financial Reports to Owner
o End of Year Reports: cumulative general ledger, cumulative
aged receivables and cumulative aged payables and the
budget for the upcoming year.
- Quarterly or Monthly Excess Funds Sent to Owner
- Selected Services as Requested below
Communications & Control
- Phone, fax and email facilitate easy communication from any distance.
- Dollar thresholds for repairs and maintenance allow owner's greater control
Service Fee
Additional Services Available
-
Maintenance Services: In house maintenance rates $35/hr. during regular business hours $50/hr. for emergency and afterhours. Pay directly for contractor services
-
Rental of Unit: Brokerage fee is one month's rent for a year's lease, plus advertising costs
- Application Package Includes: Credit Check and Criminal Background Check of Perspective Tenant - $50 per transaction (paid by
- Insurance Claim Handling
- Construction Management
- Eviction Management
- Rental Analysis
- Investment Analysis
Getting Started
- Review and sign our management agreement
- Owner changes address to Cobblestone Realty's address for billing, etc.
- Owner provides a complete set of keys to the property
- Owner would add Cobblestone Realty, Ltd. as an additional insured on their property insurance policy
- Provide emergency contact information
- Provide a checklist with any pre-requested maintenance work
- Provide personal Bank deposit envelopes (if necessary)
- Open separate account with $750 for maintenance emergencies plus pay 1st months management fee
