We Serve You

List of Property Management Services

Experience

• 4 Yr. Degree leading to BS in Education
• 25 Years Military Experience
• Licensed Broker for Sate of Georgia
• 18 Years of Property Management Experience
• 5 Years as a Home building General Contractor
• Maintain Professional License required by state of Georgia
• Take annual continuing education courses

Specific Duties

• Originate and maintain all legal required documents
• For owners, draw up an Exclusive Management Agreement
• For Tenants, draw up a lease that is approved by the Georgia Assn of Realtors
• Submit a Property information Form to owners
• Maintain two Escrow Accounts with The Savannah Bank

Maintain Advertising Sites

• Automated Housing Referral (Military Web Site)
• Advertise with other local Realtors-ReMax Accent
• Place sign in Yard
• If required, advertise in local news papers (Owners Expense)

Qualifying Tenants

• Initiate a credit check w/ Merchants Credit Bureau
• Minimum score of 600 required.
• Check personal references
• Lease related items
• Lease form is approved by the Georgia Association of Realtors
• Lease contains specifics regarding late payments, Smoking, Cleaning, and Change of AC filters
• MPM will perform a walkthrough with tenant at beginning and end of Lease
• Rent is due on the 1st and late at 5:00 PM on the 5th
• Late fee is $75.00 from the 5th at 5:00 the to the 10th & then an additional $20.00 P/Day
• Owner proceeds to be sent NLT the 12th, assuming tenant pays on time.
• Rent proceeds to be sent by ACH (Automated Clearing House)-This is a direct deposit
• Late fee is split 50/50 between owner and MPM
• In the event repairs are needed, MPM will determine if owner or tenant is responsible for bill
• Owner is responsible for all Wear and Tear items unless tenant is considered at fault
• For major repairs, when MPM is acting as contractor, a 5% contractor fee is charged
• If repair items are under $150.00, then MPM will take care of it and then advise owner.
• Emergency items, will be taken care of ASAP and then owner will be notified

Monthly Statements & Yearly 1099’s

• Monthly statement will be sent NLT the 15th of each month
• Statement will include Year to Date expenses (YTD)
• 1099’s will be sent as Gross, and then owner can use YTD expenses to determine Net

Fees

• Management fee is 10% of the gross
• Start up fee is $275.00 for finding, qualifying & move in/out inspection
• For lease renewals, the fee is $175.00
• If current tenant wants to purchase the property, then a 4% brokerage fee applies
• Pet fee is $225.00 per animal, non refundable — 25% to MPM, balance to owner

Legal Remedies

• In the event an eviction of a tenant is necessary, MPM will file all required legal papers

Overall responsibility

• Maintain all financial records in a professional matter and keep you informed