VALUE FOR INVESTORS
Lotus Key Homes Property Management division features a choice of residential management services to meet the needs of property owners to give them a peace of mind. We offer a selection of management program packages that meet the needs that can be customized for each owner. Request a Property Manager Menu of services. Some of these services are: Lotus Key Homes Property Management division features a choice of residential management services to meet the needs of property owners to give them a peace of mind. We offer a selection of management program packages that meet the needs that can be customized for each owner. Request a Property Manager Menu of services.
| SERVICE | OWNER PRICE |
|---|---|
| Management Fee = Manage rents, Calls, Reporting, Incoming and Outgoing Payments, Paperwork including move-in and move-out checklists (including Deposit itemization), Use of our standard application and leases | 7% of Monthly Rent |
| Lease Property & Tenant Placement =marketing, base photos, showing property, lockbox, move-in checklist, key transfer, lease signing, tenant screening (4 point Tenant Screening- includes background checks, landlord references, employment verification, debt ratio) | 50% of Monthly Rent |
| Include Credit Check to Tenant Screening | $50 |
| Property Set Up fee - For new properties added to system, includes comparative market analysis of rent value, interior & exterior professional photographs, HOA setup, etc | $100 |
| Routine Property Inspection-Can be quarterly or annually. Please circle preferred frequency: Quarterly Annually | $100 each |
| Professional Property Mechanical Inspection by Licensed Inspector | $225 each |
| Managing Bi-Annual City of Independence Inspection | City Charges Fee |
| Security Deposit Management -Hold security deposits in Agent’s Trust account, include security deposit addendum to lease, complete move-out walk through & evaluation of property, return of deposits as applicable. | $100 |
| Rent Ready Service = Fresh paint, carpet cleaning, home cleaning | Approx $1 Sq Ft, varies by bid |
| Key Copies - for new tenants, service pros, management | $5 each |
| Basic Maintenance (Threshold of $200): One of Lotus Key Homes Service Professional maintenance contractors will repair mechanical item in home automatically if repair is for $200 or less. Repairs more than $200 will require owner’s approval. | <$200 |
| Large Repairs: One of Lotus Key Homes Service Professional maintenance contractors will bid out service for property owner to review | Bids Amount Vary |
| Re-Lock Fees | $75 |
| HOA Management: HOA Payments & Other | $25 a month |
| Lawn Care: Mowing, weed-eating & management of | $80 month (April,May,June,July,Aug,Sept) |
| Emergency Fee: Off Hours Management | $75 per hour |
| Video Tour Created for Property | $100 |
| Evictions: Attorney, recording, sheriff service | $450 |
| Application Fees | Rental Applicants Pay |
| Owner Listing or Buying Discount | Broker Admin Fee FREE |
| Vacant Property Management: Regular examination of property | $50 a month |
| Property Owner Reporting: Monthly financial reporting and owner portal | FREE |
| Lease Up Renewal Services = Inspection walkthrough, update application & lease and lease signing | 25% of first month’s rent |