Residential Management

PROPERTY PREPARATION AND MAINTENANCE: 

As one of the most experienced property management companies in Jamaica we know how to make a property presentable. We work with a large staff of reputable vendors that we have used for many years. In today’s rental market we feel this is necessary in order to obtain quality tenants. Keeping your investment maintained is keeping your investment’s value up. Quality work at the best prices in property management is the key to our business.

MARKETING FOR TENANTS:

  • For rent sign. 
  • Property to be advertised for rent 0n our website the local MLS and realtor.com.
  • Business and after hours phone number provided for prompt attention to prospective tenant calls.
  • We have an extensive referral network including real estate agents, past clients, and present clients.

TENANT SCREENING: 

We have each interested prospective tenant complete an application. If the report shows the prospective tenant meets our qualifications then we proceed to call and verify employment as well as current and past landlords. Once an applicant has passed our screening we give you (the homeowner) all the information so you can make your final decision to accept or decline the applicant.

WALK THROUGH AND DOCUMENTATION: 

A walk through with each new tenant prior to move in will be conducted. The tenant is given a detailed walk through form to complete and return to us within 3 days. This document along with the signed rental agreement becomes part of the permanent file for future reference.

RENT AND DEPOSIT COLLECTION: 

At the time of lease signing the security deposits is required to be paid in certified funds for owner’s protection. At the time of move in, the rent is also due in certified funds. All rents are due on the 1st or 15th day of the month unless mutually agreed. There is a 5 day grace period. After the 5th day the tenant will be charged a 10% late fee. 3-day notices to pay or quit will be sent after the 5th day.  

MONTHLY REPORTING: 

Our accounting system relies on sophisticated property management software that provides easy to understand monthly statements. All statements include monthly and year to date information. All monies received from the homeowner or the tenant is placed in a Trust account and all disbursements are paid from that account. We can pay bills on your behalf, taxes, homeowners dues, mortgage, insurance, etc. You will receive a check for your rent minus whatever deductions you have on your monthly statement.

REPAIRS: 

We respond to tenants repair problems using experienced, reasonably priced trades people experienced in Property Management. You will see work orders with your monthly statement. In an emergency we must act quickly. If you cannot be reached, we have all right to take care of it immediately. A 24 hr emergency phone number is given to each tenant so that repairs and problems can be handled quickly and efficiently. With over 40 years of experience in Jamaica, we have a staff of highly qualified Maintenance Technicians to respond to property maintenance requests and emergencies. In addition to our in-house Technicians, we have approved vendor/contractors who provide specialized trade experience including plumbing, electrical, landscape, painting and general contracting services.

DELINQUENCIES: 

Na in house collections dept will make calls to each tenant. Aggressive rent collection procedures will be used at all times. Notices to pay or quit will be served to tenants at no charge to owner. Follow up with attorney on evictions and proper recording of timeframes on the process is provided to landlord.    

LEASING AND OCCUPANCY: 

Our lease is undergoing continuous review to insure that it provides the most effective and comprehensive protection to the homeowner. In addition to the lease tenants sign a document containing our rules and regulations. These rules and regulations have been developed over the past years in management to ensure that tenants are fully aware of their responsibilities.

MANAGEMENT FEE: 

Our management fee for full service property management is 15% plus GCT of the rental income. There are no hidden fees. We collect no fee until the rent is received. Unlike many other management firms we charge no account establishment fees.  You will find our fee among the most competitive in Jamaica.

MARKET CONDITIONS: 

You can call anytime and get up to date market conditions on your property, including what’s for sale, what’s recently sold, and my opinion of what you could sell your property for.