Real Property Management Greater Madison Metro

Yes, and we bill between $45-$65 per hour depending on the scope of the work. This form of maintenance will represent most repairs necessary on a rental unit and is highly cost effective. Any 3rd party maintenance necessary is billed with a minimum 10% contractor markup (standard practice).

Of course! It’s your property after all. You will set a maintenance limit for your property (min. $300), and any non-urgent maintenance reasonably expected to exceed that will be communicated with you BEFORE taking place. In addition, the property manager assigned to your property will have built a relationship with you, and in doing so, will have a good idea of your specific preferences. So for certain items, such as cosmetic or other non-essential requests from tenants, it’s likely that they’ll communicate that with you regardless of the expected cost, if that’s what’s desired. It’s just good practice! You also have the option to be the primary maintenance contact and take care of any and all maintenance yourself, and just loop us in when you need us. In this arrangement, we continue to be your management agent for rent collection, tenant contact, lease enforcement, accounting, etc. This is uncommon, but we’re fully capable of working with “handyman Landlords” who prefer to no longer deal with the person-to-person contact issues but still desire to roll up their sleeves for the maintenance.

Yes we do! Property income/expense accounting is part of what’s covered in our management fee. Any bills we pay not directly related to maintenance of the property are paid and accounted for free of charge (utilities, insurance, municipal, taxes, etc.).

This problem is best addressed before it becomes a problem, via quality tenant screening. We utilize a nationwide credit and criminal background screening, in addition to 3rd party income verifications and housing reference checks. Taking the time to be thorough in this process will help avoid most rent payment issues. Still, this business is not without risk completely, so for that we have several options. A popular option is to take advantage of is our Eviction Protection Program, which is essentially a $14 per unit, per month insurance. With this protection, we cover the full cost of an eviction up to the Writ of Restitution and any necessary compensation to the Sheriff’s Dept. for a physical removal, which an eviction very rarely gets to. Without the protection, our current rate for an eviction through our legal team is $450, but that is subject to change at any point.

This of course varies. Our average turnover timeframe in 2018 was 11 days. However, depending on how aggressive we want to be with the market rent, it can take longer. All of these factors and options are discussed during the onboarding process, where we can decide together how we’d like to proceed and what our goals are for the property.

Online leasing is responsible for 90% or more of our prospective renter traffic. In addition to our attractive and highly market visible website, your leasing fee covers our cost of syndication across 42+ 3rd party listings sites! Also, we will of course place a traditional “For Rent” sign on the property that directs prospective renters to our office, but our signs also offer the convenient option of obtaining your rental’s specific information 24 hours a day/7 days a week via an intuitive automated option, and in some instances, set up an self-guided showing right on the spot!

We perform 3 separate “check runs” per month on the 10th, 20th, and 30th. At each of those dates, you will receive a payment (owner’s draw) in the amount of all available funds that exist in your account, either via ACH or paper check in the mail. Each check run is accompanied with an emailed Owner Statement regardless of whether you receive a draw or not. That way, you’re always in the loop about rent payments, maintenance that has occurred, and outstanding bills.

They offer tailored service pricing based on each specific property or portfolio after conducting a no cost rental analysis, rather than using blanket pricing.

Average maintenance costs per unit can be approximately $615 annually excluding capital expenditures, but this varies based on property age, turnover, and warranties.

Yes, they offer in-house maintenance billed between $45-$65 per hour depending on work scope; third-party maintenance incurs a minimum 10% contractor markup.

Yes, owners set a maintenance spending limit and are notified before non-urgent maintenance exceeding that limit; owners may also choose to handle maintenance themselves.

Yes, property income and expense accounting is included in the management fee, covering bills like utilities, insurance, and taxes at no extra charge.

They utilize nationwide credit and criminal background checks, third-party income verifications, and housing reference checks to ensure quality tenants.

The average turnover timeframe was 11 days in 2018, though this can vary depending on market rent and leasing strategy.

They use an attractive website and syndicate listings to over 42 third-party sites; also traditional "For Rent" signs include automated info options and sometimes self-guided showings.

Located at 6441 Enterprise Lane, Suite 115 in Madison, it is accessible for clients from nearby cities such as Madison and Sun Prairie, facilitating local property management services across these areas.

Clients in the area can access services such as Passport Health for medical needs, AmeriSpec Madison for home inspection, and Capital Hypnosis Center for wellness, enhancing their visit experience.

Yes, Opera for the Young offers theatrical experiences, and clients may also visit local salons like DC's Hair Designs or Jacqueline Rose Salon for beauty services nearby.