Landlord Services

LANDLORD SERVICES

Leasing Services

Owner Services

  • Preview home and prepare market analysis
  • Market property through MLS, classified ads, Military Housing and multiple web sites
  • Process applications from prospective tenants including credit checks, employment verification, criminal background and income verification
  • Prepare lease using Virginia Association of Realtors Residential Lease
  • Obtain necessary signature and collect first month rent and Security Deposit
  • Eviction Services on case by case basis – fees vary

Forms

The following forms are available by requesting one of our Landlord Form Packages.
  • Example Landlord Statement
  • Landlord Information Form
  • Lead Based Paint Disclosure
  • Property Management & Exclusive Rental Agreement
  • Residential Inspection Letter

Full Property Management Services

We recognize how important your real estate is to you and that’s why Fredericksburg Area Rentals and Property Management devotes itself exclusively to the leasing and management of residential and commercial property. Our main goal is to simplify the complex issues associated with managing your property while not only enhancing the value of your investment but also giving you peace of mind with our commitment to excellence. Please contact us if you have any questions about our Landlord Services. In addition to the Leasing Services above, our Full Property Management Services include:

PROPERTY EVALUATION


  • Constantly monitor entire housing market to aid in establishing rental value
  • Assess property condition; suggest repairs & decorating recommendations
  • Assist clients in maximization of rental value

REGULATORY REVIEW


  • Ensure your compliance with all federal, state, & local regulations/ ordinances
  • Stay on top of all fair housing regulations to reduce your liability
  • Disclosure of Information on Lead-Based Paint & Lead-Based Paint Hazards if applicable
  • We adhere to the Virginia Residential Landlord Tenant Act (VRLTA)

ATTRACTING QUALIFIED TENANTS


  • Market, advertise, and promote your properties
  • Coordinate all showings
  • Maintain a waiting-list of potential tenants
  • Name recognition- Fredericksburg Area Rentals & Property Management
  • Thorough reference checks including: employment, credit reports, criminal background and former landlords
  • Online Applications
  • We do the dirty work and ask the hard questions

COMPLETE TENANT SERVICES ON LANDLORD'S BEHALF


  • Virginia Association of Realtors Residential Lease
  • HUD required Disclosure of Lead-Based Paint & Lead-Based Paint Hazards (if applicable)
  • Fredericksburg Area Rentals Resident Handbook
  • Collect and maintain Security Deposit in an Escrow Banking Account
  • 24 Hour Emergency Online Maintenance and Phone Service
  • Pets are on a case by case basis with approval from Property Owner
  • Lease Renewals
  • Online Tenant Portal

COMPREHENSIVE ACCOUNTING SERVICES


  • Online Owner Portal
  • 24 Hour Access to Property Information
  • Direct Deposit to and from Owners Bank Accounts
  • Computerized Accounting and record keeping provides accuracy for you
  • Maintain all Security Deposit Escrow Account records
  • Monthly rent collection and late payment process
  • Legal Notices & Court Appearances
  • Monthly Financial reporting to include check processing and statements to Owners
  • Pay all bills pertaining to property if applicable
  • Provide yearly income and expense records to include Form 1099-MISC and year end Financial Property Report

PROPERTY INSPECTIONS AND MAINTENANCE


  • Comprehensive property inspections at move-in, mid-lease and move-out
  • Maintain experienced licensed or permitted and insured vendors
  • Negotiate Lowest Maintenance Costs from our Preferred Vendor List
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