OUR SERVICES
Management Services
LouRu Property Management excels in the real estate property management niche simply because we do it right. And, doing it right isn’t a simple thing, as there are a great many details and important tasks involved in managing rental properties. Many companies in this business niche look on the many tasks and responsibilities involved as a “job” they must do for their business income.
After all, without these many details we would be of lesser value to our clients and customers. Our commitment is to cover all the bases, and there is certainly a lot more involved in superior property management. We revel in the complexity involved in negotiating legal requirements, landlord–tenant regulations, property maintenance and fiduciary responsibilities. It’s how we bring value to our owners and tenants, and it’s why our clients and customers recommend us highly in the real estate rental property markets.
You’re not renting out your home for a hobby. It’s either an investment or you’re holding for a better time to sell. Either way, collection of rent is the goal. Our job is to collect rents, account for expenses, and remit the balance to you. We offer our clients the following:
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Electronic Direct Deposits
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Monthly Income Statements
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Annual Year End Statements
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4 hour access to accounting thru our Landlord Portal
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Court Proceedings Filing (when needed)
Our rental property owners can count on prompt collection of rents and payments to them permitted and scheduled in our rental management contract. All documentation and accounting records are maintained to keep our owners informed and on top of their financial investment of their rental home.
Homeowner Services
Homeowners who hold properties as rental investments or rent them out because a sale isn’t financially viable at this time have concerns that can only be met by a property management firm that understands their needs and commits to a high level of performance in delivering some very detailed services:
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Marketing the rental property.
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Tenant selection services:
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legal and comprehensive tenant application.
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tenant interviews that comply with all state and federal laws.
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thorough background and credit checks, plus calling
references.
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Move–in and move–out services:
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walk–through and tenant checklists of property condition.
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rehab of the property between tenants.
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Property condition & maintenance services.
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Rent collection & disbursement:
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timely collection of rents.
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proper application of late rent procedures & penalties.
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eviction processing if necessary.
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Tenant Services
Happy tenants make our day! Rental homes don’t stay occupied if we don’t do a great job for our tenant customers. They’re every bit as important as the property owners, and we prove it.
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Proper care and maintenance of the property.
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Sensible, non–intrusive occupancy rules for enjoyment and security.
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Easy rental payment procedures.
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Rental referral bonus program.