LEVINE Asset Management provides a turnkey solution to Residential and Commercial Property Management in the Four Corners Real Estate market. Four Corners is defined as the area south and west of Disney World. Initially, we inspect your property and provide suggestions to get the property rented in the shortest amount of time and for the highest rent value that will deliver a tenant within a reasonable amount of time. Remember, “Vacancy is the Landlord’s Worst Enemy.” Once a Lease Price is established and the property is determined to be in Marketable Condition, the Marketing process begins.
The property is submitted My Florida Regional Multiple Listing Service (Stellar MLS) for marketing to the Customers of other REALTORS and to the general public. Your property is automatically updated from the MLS to crirentals.com, our own website.
From www.levine.us your property is uploaded to the major internet sites in real estate such as REALTOR.com, Trulia.com, Zillow.com, Homes.com and many other dominant websites. We place a yard arm style sign in the front yard.
Property Managers follow up on leads, show your property to prospective tenants, and close the sale. The Tenant is thoroughly screened as to 1) Income 2) Complete Public Records Background (including Credit Worthiness) and 3) Rental Payment History. A lease is drafted and signed by the tenant and then by you, the Landlord. A Walk Through Inspection is performed by the Property Manager, with the Tenant, including photographs documenting the property condition and the property is then delivered to the Tenant according to the lease. The Tenant pays rent and a security deposit. The Accounting Department processes all transactions associated with the property. After 60 to 90 days of occupancy, an Early Tenancy Walk Through is performed by the Property Manager with the Tenant. Tenants are counseled as to their responsibilities to the cleanliness and Tenant Required Maintenance of the property, as needed. When the Lease is within 90 days of expiration the Property Manager reaches out to the Landlord and inquires as to the Landlord’s plans for the property over the next 15 months to two years.
When the Landlord desires the renewal of the lease, the Tenant is notified and given the opportunity to renew, according to the Landlord’s instruction. Throughout the lease period, the Accounting Department is reporting on the revenues and expenses associated with the property monthly. At the end of the year, the Accounting Department issues Year End Statements and IRS Form #1099 equipping the Landlord with the information required for income tax purposes. This is the LEVINE Asset Management Long Term Rental Process in a Nutshell.