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Turn-Key Properties LLC
Real Estate, Commercial, Apartments, Residential
 

   Property Management

Property Management:real_estate_money.jpg 

Property Management is the means by which you turn investment real estate into money. Property management is not just leasing a property to a renter and walking away. It is not just collecting a rent check every month.

Owners and Investors download our residential management documents here:

Broker Disclosure Form Required by Missouri and Kansas Law.

Frequently Asked Questions: An overview of what, why and how

Overview of Services: Services Turn-Key Provides and associated costs.

Property Owner Information Request: Information we need from you.

Sample Property Management Agreement:  A sample form of our agreement.

Section 8:  Information you may need concerning section-8 property.

But my house is really nice! Information about the rental value of your home.

As an Owner I want to do My Own rehab work. If you do some or all of your own work this will apply to you.

Property Evaluation: We will evaluate your property for you. Turn-Key will provide you with a complete rental and sales evaluation. Please read the details.

Also please read this article:

How much rent can I get for my property?

Management is the daily maintenance of the tenant-landlord relationship. This includes communication, property maintenance, periodic inspections, repairs and even improvements. Rental property requires diligent care.

What we do is time-consuming, exhausting and potentially litigious. We have developed management techniques and systems that help our clients and ourselves to avoid needless liabilities and hassles.

Our staff handles volleys of phone calls, leasing and sales appointments, and tenant requests for information, late night emergency calls, rent collection, evictions, work orders, maintenance, contractors, city, county and other government entities. licensing, inspections, fire marshals, advertising, trash collection, housing authority, lawyers, peddlers, agents, cable guys, phone companies, gas and other utilities, insurance claims, the EPA, storm damage, etc. etc. etc. So you don't have to.

All the while, so you can do what you do to make a living. Don't try this at home, we're professionals.

Tenant Screening: We’ve been at this a long time! We check and cross-check the tenants’ application with multiple sites and services. We have them obtain a “Closed record police report”, this will show, not only what they have been convicted of, but most everything they have been charged with or suspected of. We use a service called Case.Net, this will give us information about domestic or civil cases in which the applicant has been involved. From this we gain other information such as where any court documents were served. We then compare this to the residence history they supplied us with. Credit Reports: These will give us much more than a credit history, but also addresses where they lived when they applied for credit. Finally, we do an in-home inspection… We actually visit the home they are in now. We figure if they tore the hell out of it they will do the same to yours. Resident Selection Policy

Cost: Management of single family homes and small multi-family properties is typically 10% of gross receipts. Property management is more of a service than a source of income. We provide services to our real estate clients and investors. If we can help you contact us. Homes priced over $1,000 monthly are set on a sliding scale. The more rent, the lower the percentage.

Rent: $1001-1075 = 9%

          $1076-2000 = 8%

          $2001-2999 = 7%

          $3000-          = 6%

Large multi-family and commercial will of course be quite less, everything is negotiable. Homeowner’s association management is much more complex and we would love to talk to you about it.

Tenant placement is usually 75% of the first months rent. Homes priced over $1,000 monthly are set on a sliding scale. The more rent, the lower the percentage.

Maintenance, hourly at the prevailing rate.

Reports: Monthly we will account to you all of our expenditures and income related to your property. Not just $400.00 for plumbing, but a detailed accounting of what was done and on what dates it was done.

Rent Account Statements: This really sets us apart from our competition!

We actually invoice each tenant for the rent and any past due amounts! This is a huge task, and it takes a lot of time and money. In all of my years in property management I have found this is the single most important thing you can do to decrease late payments. Our tenants receive a statement and a return envelope every month.

Memberships and Accreditation: you will find many other links on our web-site to some of the organizations we are affiliated with. I would also like to include a few more.

Institute of Real Estate Management, Accredited Residential Manager, Past Chairman - Kansas City Chapter of Accredited Residential Managers, President KC Chapter - National Association of Residential Property Managers, Landlords Inc. The Raytown / Crossroads Chamber of Commerce, where Ben serves on the Marketing and Economic Development Committees. We are both involved in various philanthropic and fraternal organizations.

Ben and Pamela are both certified in drug recognition through training with the Crime Free Multi-Housing Program in Kansas City. Ben is a graduate of the Kansas City Citizens Police Academy. This allows us to obtain an eviction based on our testimony should we find evidence of narcotics use in your property.

Ben and Pamela are both licensed real estate brokers and bound by the Realtor® Code of ethics. Members of Kansas City Metro Board and NAR. We attend untold hours of continuing education as required by the states we are licensed in.

Pamela has completed many continuing education courses required for attorneys in the state regarding landlord-tenant laws and how they apply to our business. She has also completed courses to learn all the ins and outs of liens and lien waivers. So as not to have your property wind up with an encumbrance from some disgruntled contractor. Pamela is the 2007-2008 President of the Kansas City NARPM Chapter.

Ben holds a class A, EPA certification in refrigerant reclamation for HVAC. He is certified to perform and oversee the work on your air conditioners. 

Ben is certified in lead based paint remediation. This allows us to perform most paint work where lead paint is present without hiring specialized contractors, saving you money!

We have taught classes and done many seminars on fair housing, landlord tenant law, real estate investment and liability. Ben has written many articles for publication in related fields.


Personally, we spend our time with family; Ben is an avid hunter and outdoorsman. He is very involved with many political causes. Pamela is a devoted grandmother and mother, taking care of her parents as they need assistance. Pamela and Ben raise and train quarter horses, planning together for our future. We adhere to old-time values and what Ben likes to call the Cowby Code. Having a long-time admiration for Gene Autry and John Wayne, Ben and Pamela try to live up to those values; Truth, kindness, fidelity, patriotism, hard work, lawful, reverent, respectful; or as The Duke put it.....

"I won't be wronged, I won't be insulted, and I won't be laid a hand on. I don't do these things to other people and I require the same from them." “John Wayne, The Shootist” his last movie...

Coppyright 2009 Turn-Key Properties LLC

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Ben & Pamela Edsall

 

 
911- We Remember! Certified Realtor© e-PRO Equal Housing Opportunity Leadership Training Graduate
Multiple Listing Service

Accredited Residential Management armlogo.png commercialrealestate_comp..jpg narpm.png aerep.pngAccredited Equestrian Real Estate Professional

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