Below you will find a detailed list of our standard property management services. We can customize any of our services to fit your property's specific needs.
PPG also provides a discounted "basic" management service for vacant, bank-owned or seasonal/vacation property. These services are highlighted in yellow. Details are below the standard service list and fees.
Evaluate the property
Perform detailed documentation of
the interior and exterior including photos
Offer recommendations on repairs and
cosmetic improvements that maximize monthly rent.
Tenant Move In
Draw up management agreement
Confirm move in date with tenant
Review lease guidelines with tenant
regarding things like rental payment terms and required property maintenance
Ensure all agreements have been
properly executed
Perform detailed move in inspection
with tenant and have tenants sign a report verifying the condition of the
property prior to move-in.
Collect first month’s rent and
security deposit
Rent collection
Receiving rent
Hunting down late payments
Sending out pay or quit notices
Enforcing late fees
Evictions
Filing relevant paperwork
Representing owner in court
Coordinating with law enforcement to
remove tenant and tenant’s possessions from unit
Legal
Advise in the event of a legal
dispute or litigation
Refer owner to a qualified attorney
when necessary
Understand and abide by the latest
local, state and federal legislation that apply to maintaining rental
properties.
Inspections
Perform periodic inspections (Inside
and outside) on a predefined schedule looking for repair needs, safety hazards,
code violations, lease violations, etc.
Send owner periodic reports on the
condition of the property
Financial
Provide accounting property
management services
Make payments on behalf of owner
Detailed documentation of expenses
via invoices and receipts
Maintain all historical records
(paid invoices, leases, inspection reports, warranties, etc.)
Maintenance and Repairs
Establish a preventative maintenance
policy to identify and deal with repair needs
Provide a network of licensed,
bonded and fully insured contractors who have been vetted for good pricing and
good work that is up to code.
Assign jobs to different parties
(in-house employees, handyman and professional contractors) based on who will
do the best job for the best price.
Maintain outdoor areas
Leaf and snow removal
Landscaping
Removing trash and debris
Larger
renovation or rehab projects
Provide recommendations on how the
project can maximize rental income.
Prepare preliminary cost estimates
Get multiple independent bids for
the work
Act as general contractor overseeing
the work
Tenant Move Out
Inspect unit and fill out a report
on the property's condition when the client moves out
Provide tenant with a copy as well
as estimated damages
Return the balance of the security
deposit to the tenant
Forward any portion of the owner’s
portion of the tenant deposit to the owner or hold in owner reserves for
repairs.
Clean unit and perform and needed
repairs or upgrades
Re-key the locks
PROPERTY MANAGEMENT FEES
Management
Fee – 10% of monthly rent + sales tax (6.35% in CT)
Vacant/Bank-owned/vacation properties
500-3000 sq ft - $100/month + tax
3001-5000 sq ft - $200/month + tax
5001+ sq ft - $300/month + tax
Initial Inspection Fee - $75
Documented/photographed first-time inspection with detailed list of findings and suggested repairs/actions
Bill Pay
Fee - $75/month – per unit
Maintenance
Fees – TBD
-
Once an account
is opened, a list of predetermined “common repair” costs will be written up and
approved by the owner and PPG
-
Initial
Maintenance Fee – 10% of total repair costs
Eviction Fee -
$600 plus court costs
Unpaid Invoice
Fee – 2% added to total each month invoice is overdue
Minimum contract
agreement – 6 months
-
Early
Contract Termination Fee - $500
Management
Fee – 10% of monthly rent + sales tax (6.35% in CT)
Contract
Renewal Fee - $75
Bill Pay
Fee - $75/month – per unit
Maintenance
Fees – TBD
-
Once an account is opened, a list of
predetermined “common repair” costs will be written up and approved by the
owner and PPG
-
Initial Maintenance Fee – 10% of total repair
costs
Eviction Fee -
$600 plus court costs
Unpaid Invoice
Fee – 2% added to total each month invoice is overdue
Minimum contract
agreement – 6 months
-
Early
Contract Termination Fee - $500