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OWNERS

SERVICES

OWNER SERVICES

If you are looking for a professional property management, rest assured that with KRPM management services you get much more than a property manager. We provide a full team of skilled professionals with the expertise to meet all your property management needs.

 

If you are a current client, we offer convenient access to statements and more, all online!

PRICING

PRICING

OWNER FAQ

FAQ'S
  • What makes you different from other Property Management Companies?
    Our focus is to maximize your return on investment, and we manage our client properties just like we would our own. We stand behind our service and offer each owner with our 5 star guarantee program.
  • How quickly can you get my property leased?
    The amount of time on the market will depend on competition, time of year, and the condition and price of your home. Our marketing plan is strong, and our properties typically lease very quickly once they are ready to place on the market.
  • Is there an early termination fee?
    No. Many property management companies will require you to “buy them out” of the lease for each month remaining and sometimes pay an additional fee to terminate. We are confident in our service and will allow you to terminate with a 30-day notice if you are not happy.
  • Do I need to be involved in the applicant screening process?
    No. The Applicant screening is part of the service provided by our Property Management Team. We will process the application based on a criminal, rental, credit, employment background check and debt to income ratio.
  • Can I pick my tenant from the applications?
    No. We must follow Fair Housing laws so our tenant selection process is based solely on a formula consisting of rental history, income, employment, criminal and eviction history, credit score and debt to income ratio, and payment history.
  • When can I expect to be paid the rent each month?
    We pay owners on or before the 15th of each month.
  • Do I pay fees when the property is vacant?
    Absolutely Not. We feel that we should only be paid when the property is making money for you, so our fee is based on the rental income. This incentivizes us to keep it occupied and the money flowing to you as much as possible.
  • Am I responsible for utilities when the property is vacant?
    Yes, you are responsible for utility service when the property is vacant. Utilities must be on during the turnover and showing period.
  • Are you licensed?
    Yes. We operate under a State of Alabama Real Estate Company license
  • How long of a lease do you sign?
    Our normal leasing period is a 12-month minimum lease, however we are glad to do a shorter or longer lease, but would make sure the owner was ok with that before we agreed to it.
  • Do you accept Section 8?
    YES, we have a long-term relationship with both County and City Section 8 departments. Owner/Landlord will make the discretion of whether or not they would like to register their property for Section 8.
  • What type of properties do you manage?
    We manage single-family homes, condos, duplexes, and small apartment complexes.
  • How is rent collection handled?
    We take the stress away from you and handle everything. We send reminder notices to tenants as well as late notices, postings, evictions and collections.
  • How do I handle repairs and maintenance of my property?
    You do not handle the repairs. We use a professional contractor service that will handle repairs and renovations as needed with your approval on repairs exceeding $200.
  • What happens to the security deposit?
    These funds are held in an Escrow/Trust Account monitored and regulated by the Alabama Real Estate Commission. The security deposit is money placed by the tenant to secure the condition and payment terms of the lease. If the tenant satisfies the lease and returns the property in satisfactory condition; the deposit will be returned. In the event there are outstanding fees, rents, or repairs needed; the money for these items will be deducted from the deposit.
  • How long will it take for a tenant to be placed in my property?
    Our goal is to have a qualified tenant prepared for move in of your property as soon as possible after the signing of the Lease Management Agreement or the closing of your investment property. We are unable to guarantee an exact time frame for the placement of a qualified tenant. We can however guarantee you that we are 100% dedicated to placing a qualified tenant in your property and will do whatever it takes to minimize the time your property is vacant.
  • How do you prepare my property for a new tenant?
    We will conduct a move out inspection of the property and provide you with an estimate of the costs to bring the property back to rentable condition. Your written approval will be required to begin the repairs. Please keep in mind that the sooner repairs are completed, the sooner a tenant can be placed in your property.
  • Do you sell real estate too?
    YES, We are a FULL- SERVICE REAL ESTATE COMPANY! We help our investors locate and purchase homes for their investment portfolio. If you decide to sell your home on the retail market we will be more than happy to work with you to assist you in the sale.

OUR 5 STAR GUARANTEE TO OUR OWNERS

GUARANTEE

WHAT SETS KEY REALTY P/M APART FROM THE OTHERS?

LEGAL COMPLIANCE GUARANTEE

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Our lease agreement was created by Alabama Association of Realtor’s board.

 

It is in compliance with fair housing and Alabama Tenant Landlord law.

TENANT PLACEMENT GUARANTEE

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With us, you’re never going to pay two leasing fees in a 12 month period. If a tenant placed by KRPM  breaks their lease within the first twelve months, we will find a replacement tenant  for FREE.

Rest assured that KRPM has one of the most extensive screening process procedures in our local industry to ensure the tenants we place in your property are qualified.

MANAGEMENT FEE GUARANTEE

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We believe that if we don’t collect the rent, then we should not get paid.

 

You only pay us a management fee if we successfully collect the rent due.

LEASING FEE GUARANTEE

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IT’S SIMPLE WE DON’T GET PAID UNTIL YOU DO!

 

Our leasing fee covers everything from sourcing qualified applicants to handling the lease drafting and signing.

We also guarantee you won’t pay a leasing fee until we have a signed lease and rent paid from the tenant.

HAPPINESS GUARANTEE

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Our mission at KRPM is to exceed our clients’ expectations!

Long-term contracts are scary. But there’s no need to worry when you work with us!

 

We earn your business every month with no long-term contracts.

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