A ratified Property management agreement must be signed by all. 

Add new property 

• Check property and take photos

At the same time

• Repair and clean up

• Decide the new rental price

  • Zillow & Craigslist comps

  • Check if the property is under rent control. 

  • New rental price = Min ( Market price, rent control cap)

• Put an Ad on the market

  • Zillow, craigslist & MLS

Open house and showing, Tenant Application

• Bring Tenant application

• Good tenant can either fill out the form at site or later

, Screen Tenant and discuss lease

• Call employer to verify if small company

• Call previous landlord and ask for opinion

• Collect all tenant financial info

  • All adult IDs + 1-month paystub +2month bank statement

  • Create a folder to save those

  • If rejected, let the tenant know ASAP. 

Sign a new lease

• Draft lease

• Make the name correct and ask who will live in the house. 

• Sublease, illegal plants, and smoking are not allowed. 

• Final rent amount

• Deposit? Any Pet

• Who pays utility?

• house rule /HOA rule /Parking rule

• Ask the rental manager to review and make a decision. 

• Rekay lock? Yes or no, tell the tenant

Signed leased by all and save all tenant applications in file

Follow up with tenant's Move-in Funds. 

Turn-key

• Move-in Inspection to return: Move In Inspection Form and take photos of the existing problem within 7 days

• After they settle down within 2 weeks, check if everything ok