Real Property Management is an individually owned and operated company that has specialized in managing residential real estate for over 20 years. We currently manage almost a thousand single and multi-family homes throughout the State of Utah.

As a full service property management company we offer complete property management services. All of our services are provided with no hidden costs.

In Salt Lake City of our licensed Property Managers are knowledgeable, professional, prompt and courteous. As experienced real estate professionals we realize your property is a valuable investment and we treat it as such. With that in mind our primary goals are to:

  • Maximize Your Cash Flow: We are committed to maximizing your income by obtaining the maximum amount of rent for your home that market conditions will bear.
  • Minimize the Vacancy Period: We are committed to minimizing the time that your rental is not generating income by designing and executing a targeted marketing plan to rent your property as quickly as possible.
  • Protect Your Investment: We are committed to protecting your investment by thoroughly screening both criminal and credit applications before selecting a prospective long term tenant.
  • Do the Work for You: We are committed to providing you full service by handling everything on your behalf so you can spend your time on more important things!

 

At Real Property Management, we are committed to fulfilling all of your property management needs. Below is a list of some of the property management services we provide our clients. If there is a service you are particularly interested in but cannot find it listed below please call us at 801-281-5508.

Professional, Prompt, and Courteous Service

  • As licensed real estate agents we strive to provide each of our clients and their tenants with professional, prompt, and courteous service. Each of our licensed Property Managers treat all clients and tenants with respect and dignity.

Prepare Your Property to be Rented

  • Your Property Manager will meet with you to evaluate your property and make recommendations to prepare your property to obtain the optimal monthly rental amount.
  • Your Property Manager will coordinate the completion of any maintenance or repair items you have approved using our extensive network of qualified vendors to ensure all work is completed and cost effective for the owners.

 Determine the Optimal Monthly Rental Amount

  • Your Property Manager will do a market analysis to determine the optimal monthly rental amount for your property utilizing a wide range of professional resources.

Design a Targeted Marketing Program

  • Your Property Manager will meet with you to design a targeted marketing program to rent your property as quickly as possible.
  • Your Property Manager will execute your targeted marking program utilizing the Internet, Real Property Management website, local newspapers, circulars, and property signs.
  • Your Property Manager will promptly pursue all leads and inquiries and schedule showings of your property.

Thorough Screening of Applicants

  • Your Property Manager will thoroughly review each prospective tenant's rental applications and credit history, including prior evictions.
  • Your Property Manager will verify your new tenant's current employment and stated income.
  • Your Property Manager will contact your new tenant's previous landlord(s) to verify payment history and care of property.

Coordinate Move-In

  • Your Property Manager will collect the first month's rent and security deposit in the form of a cashier's check prior to your tenant's move-in.
  • Your Property Manager will prepare all rental and lease agreements utilizing approved forms.
  • Your Property Manager will meet with your new tenant and ensure all agreements have been properly executed prior to his or her move-in.
  • Your Property Manager will document your property's condition utilizing digital photography prior to your new tenant's move-in
  • Your Property Manager will have your tenant complete a “Move in assessment of Condition” report verifying the condition of the property at the time of his or her move-in.
  • Your Property Manager will instruct your tenant regarding rental payment terms and required property maintenance.

Prompt Rental Receipt Collections and Disbursements

  • Your Property Manager will promptly collect your rental income from your tenant at the beginning of each month.
  • Our Accounting Department will disburse the rental proceeds to you by the tenth of each month.
  • Your Property Manager will serve three day notices to “Pay Rent or Quit” if rent has not been paid by the sixth day of each month.
  • Your Property Manager will coordinate the start of unlawful detainer action to evict your tenant in the event the rent is not paid.

Payment of Your Monthly Expenses

  • Our Accounting Department will pay all reoccurring monthly expenses on your behalf such as:

- Home Owner's Association Dues       -Utilities

- Property Taxes                             -Lawn Care

- Insurance                                     -Snow Removal

 Detailed Accounting

  • Our Accounting Department will provide you with monthly itemized statements showing income and expenses related to your property.
  • Our Accounting Department will provide you a year-end accounting summary of your account and 1099s.

Complete Property Maintenance Services

  • We provide our clients with 24-hour emergency repair services.
  • We minimize the cost of repairs and maintenance using our extensive network of contractors, vendors, and handymen. Because we deal with a large volume of property, we can normally contract at considerable savings to you for repairs and maintenance. We save you money whenever possible.
  • We coordinate property reconditioning, including painting, window coverings, new flooring and carpet cleaning.
  • We arrange for any necessary services such as utilities, gardening, and snow removal, house cleaning, and advertising.

QUESTIONS THAT ARE FREQUENTLY ASKED BY NEW CLIENTS

Below are just a few of the questions that are frequently asked by our new clients.

Q: What determines the rent for my property?

A: Ultimately the rental market. We use our marketing skills, analysis, and judgment to optimize rents in accordance with your goals.

Q: How are the security deposits handled?

A: Security deposits are deposited into the trust account. They remain in the trust account until the tenant vacates the property. By law, any security deposit money due the tenant must be refunded within thirty days (30) days.

 Q: How are tenants selected?

A: We carefully screen each prospective tenant application and verify rental history, employment, and obtain a report which includes credit, evictions and criminal history.

Q: Do I pay for processing the tenants' applications?

A: No. You pay nothing.

 Q: Who pays for maintenance and repairs to my property?

A: The owner pays for maintenance and repairs unless, in rare cases, the tenant has agreed to assume responsibility.

 Q: Who pays for the marketing of my property?

A: We pay for all signage and labor costs related to marketing your property for rent. There are various free internet sites as well as our company website that will be free to owners. If the owner wants additional advising the owner pays for the cost of advertising the property for rent.

 Q: Are management fees tax deductible?

A: Generally, as a direct expense item. However, you should confirm this with your tax advisor as your specific situation may be different.

 Q: What is typically involved in preparing a property to be rented?

A: Generally, you should expect to make the property move-in ready for a tenant. Your property will rent quicker and demand a higher rental value if it is in good condition.

 CONTACT US TODAY AT 801-281-5508 OR CLICK HERE

 

John Gitlin  -  RPM West (Real Property Management)
Ph: 801-281-5508  -  Fax: 801-466-3748
2880 So. Main St. Suite - 216
Salt Lake City, UT 84115
www.rpmslcwest.com

 

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