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Morgan Hill Property Management

Posted by Admin on November 18, 2016
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Morgan Hill Property Management

Intempus Realty is a San Francisco Bay Area real estate brokerage company specialized in Morgan Hill Property Management.  With over 10 years of property management experience, we are able to provide via our local offices the top quality property management services for your Morgan Hill investment property.

We offer a full range of property management services tailored to you as an investor, homeowner, or landlord. We are local area experts currently managing a portfolio of over 300 family homes, townhouses, condos, and apartments in San Jose. Our goal is worry-free management of your property with low vacancy and high tenant retention.

AS YOUR MORGAN HILL PROPERTY MANAGER, WE WILL

  • Evaluate Your Property and Help You Determine the Optimum Rental Rate In Your Market
  • Market Your Property to Attract Highly Qualified Tenants
  • Manage the Tenant Application Process
  • Manage and Oversee Move-In and Move-Out
  • Collect Rents
  • Track and Initiate All Annual and Safety Inspections
  • Provide Accounting Services
  • Contract and Oversee All Maintenance and Repair Services

Initial Morgan Hill Rental Property Evaluation

  • Meet at the property to discuss goals for the property and suggest an optimal rental rate
  • Recommend improvements and repairs to maximize potential monthly rent and provide a good return on investment
  • Discuss the pros and cons of different policies such as accepting pets, smoking, etc.
  • Install a lock box

Property Marketing for Morgan Hill Rental Property

  • Clean and prepare your house for showing, ensuring the property is safe and in good repair
  • Provide professional photography and property write-up
  • Employ custom-targeted marketing strategies in all available outlets
  • 200+ rental listing websites
  • Social media marketing
  • Signs, flyers, e-flyers and print publications
  • Local realtors
  • Partnered with Google, Apple, Ebay, etc. to ensure access to high quality tenants
  • Meet and show your property to prospective applicants seven days a week.
  • Provide prospective tenants with thorough, legally compliant rental applications

Tenant Application Process for Morgan Hill Rental Property

  • Thoroughly screen every prospective tenant
  • Perform a background check to verify identity
  • Run a credit check to verify income and rental history
  • Contact landlord, employer and other references
  • Notify you of all applicants and include you in the decision-making process

Move-In for Morgan Hill Rental Property

  • Draw up a legally binding leasing agreement with agreed move-in date
  • Continue to market until deposit is received at the office
  • Review lease guidelines with tenant regarding rental payment terms, required property maintenance, etc.
  • Grant access to Tenant Portal website.
  • Ensure all agreements have been properly executed
  • Perform detailed property inspection with tenant and have tenant sign a Statement of Condition
  • Collect first month’s rent and proof of renters insurance at move-in if not yet received.

Rent Collection for Morgan Hill Rental Property

  • Receive rents by due date
  • Follow up with late payments
  • Send out pay or quit notices
  • Enforce late fees

Inspections for Morgan Hill Rental Property

  • Perform annual safety inspection (inside and outside) on a predefined schedule.
  • Report to owner all repair needs, safety hazards, code violations, lease violations, etc.

Accounting for Morgan Hill Rental Property

  • Provide property management accounting services
  • Make payments on behalf of owner (mortgage, insurance, HOA dues, etc.)
  • Document all expenses via invoices and receipts
  • Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
  • Provide annual reporting structured for tax purposes, as well as required tax documents including 1099 tax reporting form
  • Advise on relevant tax deductions related to your rental property
  • Provide easy-to-read monthly cash-flow statements with detailed income and itemized expenses

Maintenance for Morgan Hill Rental Property

  • Maintain and monitor a 24-hour emergency repair hot-line
  • Establish a preventative maintenance policy to identify and deal with repair needs
  • Prepare preliminary cost estimates
  • Provide recommendations to maximize rental income
  • Provide a network of licensed, bonded and fully insured contractors vetted for good pricing and good work that is up to code.
  • Get multiple independent bids for larger projects
  • Assign jobs to in-house employees, handyman or professional contractor based on who will do the best job for the best price.
  • Act as general contractor overseeing the work
  • Manage larger renovation or rehab projects
  • Contract for gardening service

Move-Out for Morgan Hill Rental Property

  • Inspect unit and report on property condition after move-out
  • Provide owner and tenant with condition report including estimated damages
  • Return the balance of the security deposit to the tenant
  • Forward owner’s portion of tenant deposit or hold in owner reserves for repairs
  • Clean unit and perform any needed repairs or upgrades
  • Re-key the locks
  • Put the property back on the market for rent

Morgan Hill  

Morgan Hill, a city in Santa Clara County, is primarily a residential community for Silicon Valley, as well as the seat for several high tech companies. Morgan Hill is among the most expensive places to live in within the United States, owing to its concentration of wealth and its role as a prominent residential region for Silicon Valley. It is 24 miles south of downtown San José and 15 miles inland from the Pacific coast. It is bounded by the Santa Cruz Mountains to the west and the Diablo Range to the east. There are several reservoirs in the adjacent hills with recreational activities such as boating. Morgan Hill’s location in southern Silicon Valley makes it very accessible to the numerous, world-known universities and institutions located throughout the Silicon Valley/South Bay Area region, such as Stanford University, University of California, Berkeley, Santa Clara University, and Saint Mary’s College of California. The population is estimated to be 42,000, +25.4% since 2000.   Median household income in 2013 was $96,000. Median home value in 2013 was $609,500, +50% since 2000.

 

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