We have managed investment real estate in Champaign County for over 25 years. During this time, we have developed a very simple philosophy designed to maximize our client's returns on their real estate investments: It begins with placing investment property in the best possible condition relative to the other rental choices with which the property is competing, and then maintaining it in that condition. Because the property is more attractive to potential tenants, the property generates more income. Secondly, it has been our experience that when we insist on keeping properties in excellent condition, our tenants take better care of the properties. In addition, tenants whose maintenance requests are fulfilled in a timely manner are more likely to want to remain in their homes for longer periods. This reduces marketing and “turn over” costs considerably. By providing high quality service to our tenants, we thereby provide equally excellent service to our clients. Here is a summary of the services we provide:
- Initial client consultation with a view to identifying the client's objectives and priorities.
- Initial property inspection with written recommendations for repairs or improvements.
- Survey of competing rental properties and recommendations for pricing the property at market rent.
- Development and implementation of a comprehensive marketing plan for the property implementing signage, website exposure, internet exposure and print media.
- Showing the property, screening tenants for financial qualifications, entering into lease agreements.
- Providing ongoing property maintenance through third-party vendors.
- Accurate accounting of all income and expenses, and quarterly financial statements.
- Client-focused reporting on activities performed to achieve client's objectives.