Bev Roberts Rentals & Property Management, Property Management

Property Management saves you time and money while you enjoy the income and tax benefits of owning rental investment property. Benefits in hiring Bev Roberts Rentals, Inc. Property Management include:

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To protect the owner's investment, Bev Roberts Rentals arranges inspections of the property before and after tenancy to document the property's condition. Copies of the Property Condition Report are givin to the property owners and residents. In addition, inspections are made during tenancy as needed. The Property Condition Report is used as part of our Security Deposit process in determining whether a deposit is returned to the tenant or to the property owner. Following a move-out we will immediately start the processes of readying a property to rent and marketing the available property.

Rental rates are negotiated to the highest possible level depending on market conditions, quality of the tenant, length of leases, type of property, and the time of year. Setting proper rental rates and maintaining a strong marketing effort has allowed us to exceed our occupancy rate!

Rents are sent to the property owner monthly unless an expense prevents mailing all funds. All property owners keep a $300 minimum reserve fund for expenses in the trust account. Tenant security deposits are held in the the trust account, until the tenant vacates.

We closely follow the rent collection procedures allowed under North Carolina Landlord-Tenant Laws. While our Rental Application Process is very thorough, rent collection challenges will always be a part of property management. However, we are experts in the field. Under our Residential Rental Contract Addendum, rent is due on the 1st of each month and late after the 5th. Tenants who have not paid their rent by the 5th day of the month will automatically be charged $15.00 or 5% of the rental rate, whichever is greater. That is the largest late charge allowable under N.C. Law. In addition, the Tenants will receive a late notice.

Although evictions are rare, Bev Roberts Rentals will arrange the removal of a tenant from the property in about 30 days should the rent not be paid in a timely manner. Eviction fees are charged to the property owner, but are then charged back to the tenant for reimbursement. If a tenant moves owing money, we file a report with the Credit Bureau.

Bev Roberts Rentals offers full management services for a fee equal to eight percent (8%) of gross rental income received on all rental agreements, or $100.00 per month, whichever is greater. Most management companies fall in this same fee range depending on the type of property managed, market conditions and area. However, the difference in property management firms is often the quality of services. Bev Roberts Rentals company goal is to provide outstanding service so that any fees paid by the property owner are normally saved by avoiding longer vacancy times, excess repair costs, and tenants who have not been checked out completely. Contrary to some management companies, no start up fee, Realtor referral fee, leasing commission, releasing commission, flat fee when the property is vacant, or a fee to arrange maintenance normally exists. If the property owner decides to sell their property, no sales commission is charged if the property owner uses another Realtor. In order to avoid any of these "extra" fees, the property owner is asked to keep the property under management on an annual basis. Should the property owner request "lease only" services or a shorter management time, several reasonable fee options are available. Contact Bev Roberts, Bev@RobertsRentals.net for a free quote on full management or on an alternative service plan!

One of the most valuable services performed is checking tenants' backgrounds. We have developed the most thorough application approval process. Credit, employment, criminal, and financial status are reported through Credit Agencies. Also, we call current and past landlords and employers for verification of information.

The application approval process includes:
» Credit Reports
» Criminal Reports and Court Records
» Employment and Income Verification
» Rental References from Current and Previous Landlords
» Pet References (if property owner allows pets)

A copy of our copyrighted Rental Application can be found on our website under the Menu in the “Forms” section.

Bev Roberts Rentals maintains relationships with various licensed and insured contractors who provide property maintenance services at reduced rates. In addition, we handle all coordination between the tenant and the contractor, and handle the billing process. Unlike most property management companies, we do NOT charge a maintenance supervision fee, procurement fee, or "kickback" as they’re sometimes called. These fees are a charge over and beyond the final bill on maintenance and repair work done to your property initiated by your property management company when using their vendors.

Our company maintains a 24 hour emergency on-call service. This service is for extreme emergencies only but gives our property owners and residents the confidence that we are available nights, weekends, and holidays when emergencies arise.

Our company maintains a 24 hour emergency on-call service. This service is for extreme emergencies only but gives our property owners and residents the confidence that we are available nights, weekends, and holidays when emergencies arise.

Many property owners are not aware of the requirements under North Carolina Law. Bev Roberts Rentals stays on top of changes in the law and provides the property owners and tenants with the appropriate required documents and notifications.

Our Residential Rental Contracts were developed and are copyrighted by the North Carolina Association of Realtors. In addition, we have developed and copyrighted our Residential Rental Contract Addendum which are attached to and made part of the Residential Rental Contract. Our Addendum protects your interest clearly explains tenant’s legal obligations, our policies, and our expectations of the tenant. However, occasionally tenant problems arise, although complete background checks are made. Bev Roberts Rentals has its own attorney who often provides free legal advice or services at a reduced fee.

Property owner checks and computer-generated monthly statements are mailed prior to the end of every month. We produce a detailed monthly statement on income and expenses for our owners. An annual end-of-year accounting is provided to each property owner for tax reporting. Property owners should check with their accountant to verify the tax advantages when owning rental property. Monthly rental sales tax reports are arranged for property owners. In addition, other required reports are prepared for several government agencies.

A Rental Analysis helps determine what the property will rent for on a long or short-term basis. The analysis normally consists of visiting the property and it's features, and evaluating the property and its neighborhood. Recommendations are provided regarding repairs, appearance, marketing ideas, and a rent range. A free Rental Analysis can be arranged by contacting Bev Roberts Bev@RobertsRentals.net or calling her mobile 24 hours, 7 days a week at (919) 306-5665. Property owners are under no obligation to begin management services after a Rental Analysis is provided.

A Rental Analysis is not always necessary to begin management; however, it can often answer many questions. Normally, everything that is needed to begin managing an owner's property can be accomplished in an hour at the property site or at our office. After a rental analysis and/or discussion is completed, management can begin immediately once a management or listing agreement is signed. The property owner usually provides a reserve for our trust account when management begins. If the owner lives out of town or cannot meet at the property, we will arrange to take care of all paperwork through the mail, fax or by email.