HomeOfficeO Office Real Estate

623 Lighthouse Avenue, Pacific Grove, CA 93950

Tel. (831) 655-4708 | Fax (831) 658-0151

E-mail: EricLMarsh@aol.com EricLMarsh@aol.com

ae PBack to Homeagck toHome Page

PHomes For Saleag

For Leaseag

      

 

Property Management:

 

As an Independent Broker I manage a small number of residential rental properties. My fee for management services is 5% of the gross receipts which includes any money collected for utilities or deposits--this is extremely reasonable. .

Management Services include:

~ Planning and Supervision of property cleanup and minor renovations to put the property into a good rentable condition. I won't manage properties that are unsafe or unsanitary.

~ Marketing of vacant properties for Lease. I pride myself at being charmed with the ability to select good tenants who pay the rent and maintain the property. I use Craig's List as well as a Military Posting site and classified advertising if necessary to attract good tenants. I do credit checks, an eviction or unlawfull detainer check and call past landlords for references.

.

~ I create the Lease agreement together with a walk through inspection and all the mandated disclosures for such things as lead base paint and asbestos. I am a member of and I do use the standard forms from the California Association of Realtors and California Apartment Association which are updated continually.

~ I collect the rents, pay the bills and generate monthly itemized statements. I also send out monthly checks or make direct deposits for excess income into the owners account. I do hold Security Deposits in my trust account and this allows me to accept tenants rent checks and immediately disburse without waiting for the tenant's checks to clear. The security is normally 1 or 1 & 1/2 times the amount of rent so gives me an emergency reserve which also covers returned checks.

~ I'm on call 24/7 for any tenant problems and coordinate the maintenance or repairs. My goal is to keep the tenant in place for as long as possible, which means treating them the way we would like to be treated--with respect. I've found the secret to keeping a good tenant is by being a good landlord.

~ I do the move-out inspections, supervision and coordination of cleaning and maintenance. I do have service people I've used regularly for up to 10 years. I've found my service people to be responsive, reliable, responsible and fairly priced.

~ I also provide clients with a year end statement you can take the directly to tax person.

~ In regard to evictions, I only go as far as creating and serving the 3 day notice to pay or quit and if the tenant does not comply, I turn it over to an experienced eviction attorney. I've only had several over the years yet I have a good attorney who's resonable, efficent and effective.

~ In regard to costs, I pass all costs through to the client--this includes advertising, maintenance, repairs and legal costs. I do not charge any set up fees or overhead charges for ordinary day to day management. I will charge a 5% supervision and overhead charge on major remodels or renovations.

Please call or drop in to see examples of my contracts, statements and management files or for a list of references from current clients. Until then, sincere

Best Regards

 

Eric L. Marsh .