iehouses Property Management

Services Provided

WE ARE LOCAL!

FIRST AND FOREMOST, WE DO NOT GIVE KEYS OUT TO PROSPECTIVE TENANTS. TENANTS ONLY SEE HOMES WITH ONE OF OUR STAFF IN ATTENDANCE

iehouses Property Management offers full service Property Management at approximately 30% less than our competition. We solicit tenants numerous ways, extensive advertising & our large post signs. Right now, about 1/3 of all inquiries come from our web site. We also gain a competitive advantage by networking with the more than 1100 Realtors in our local Board of Realtors. We are providing many tenants and buyers direct access to our rental and purchase listings. Normal time to rent is 30-45 days (or less) for vacant properties in good condition. Getting a tenant in less than 30 days is not unusual. We do a written and photo walk thru of each property prior to occupancy (we no longer do videos, they are useless in court). We pass by all our properties at least once per month. We get a 1 year lease on all properties.

Tenant Verification: We run a triple credit check, including an unlawful detainer (eviction) check. (This UDR, Unlawful Detainer Registry, report is VERY important, make sure your manager uses UDR!) We talk with past and present landlords, and we verify all income through pay check stubs and contact with the employer. We even visit the prospective tenant's current residence, if in the area.

Repairs: We use the expertise of our repairmen to alert us if the repair was caused by tenant neglect. In that case, the tenant is responsible for cost of repair. We do NOT make a fee off repairs (many companies do, that is why their repair costs seem so high).

All owner's PROCEEDS are Directly Deposited in your checking account. The expense for Direct Deposit is paid by Statewide.

A word about EVICTIONS. We do many evictions each year, but MOST of the evictions we handle are tenants that were given to us by the owners, after they had already moved a tenant in and then asked us to take over (when tenants were not paying). EVICTIONS ARE RARE AT IEHOUSES PROPERTY MANAGEMENT! The national average for evictions through Property Management companies is 5% (thats high, obviously there are some poor companies out there!). Our eviction rate is at 1% or lower. By the way, the eviction rate for Properties rented out by the owners is a little over 30%, which means almost 1/3 of all tenants placed by owners results in an eviction! We are very proud of our record of getting quality tenants and top rents for our owners. However, if an eviction is called for, it will not cost you a cent (for tenants WE place in the property).

Fee Schedule

Set Up Fee: $195 (Discounts available for Multiple Properties). Monthly Management Fee: 8% of the Collected Rent. Late Fees: Owners get 50%. (Most companies keep 100% of late fees). Between Tenant Charge: $150. (To find a new tenant) If you are calling other Property Management Companies you might try calling them on Sunday. Open all day on Saturdays & Sundays, we believe we are the only major management company in the area open BOTH days of the weekend, when most tenant prospects are looking for a rental. And being open EVERYDAY, Tenants have no excuse to not pay rent on time!