My Rent Source Property Management

We are the experts in rental property management! We offer property management services for single family homes, condominiums, townhomes, lofts & mobile homes.

Our property management services are perfect for owners who have relocated or for investors who simply do not have the time or want the hassle and liabilities involved with collecting rent, inspections, repairs & evictions.

General Overview of our services:

Screen prospective tenants (credit report, criminal background check, eviction report, employment verification and rental history verification). Collect your rents and disburse funds via direct deposit into your bank account or client preferred deposit method. Maintain your property in the most cost effective ways by performing and supervising maintenance. Respond to both landlord and tenant questions in a timely fashion.

Tenant Procurement:

• Advertising via Yard Sign, Our Website, Craigslist, GA MLS and over 100+ online websites.
• Show property to prospective tenants
• Review and Screen applications (process credit, criminal & eviction screening reports)
• Collect and hold 1-month security deposit in a GREC approved escrow account
• Sign a 12 month minimum lease agreement with tenant

Monthly Management:

• Collect monthly rent payments and take all maintenance phone calls
• No management fees until we secure a qualified tenant
• Call to get approval for needed repairs exceeding $250.00
• Manage subcontractors who perform repairs ensuring quality and timeliness.
• Pay subcontractors and send copies of invoices to the homeowner with receipts.
• Organize with tenant entry to the home when repairs or inspections are needed.
• Perform regular property inspections to ensure tenant is conforming to MRS standards.

Enforcement:

• Send late notices on the 6th of each month
• Apply $100.00 dollar late fee on the 6th and $10.00 dollars per day until paid in full
• File for eviction if the rent has not been paid
• Represent the home owner in court for the eviction
• Follow local eviction rules and court proceedings.
• We report ALL payment activity to Experian RentBureau every month

Pricing Structure:

• Tenant procurement equal to 1st month's rent or $500 (whichever is more)
• We never charge a management fee until the property has been rented
• 7% to 10% of the rents collected each month ($50.00 dollar minimum) * Multi property discounts are available
• 50% of any late fees collected
• New property intake fee: $250 SFR / $150 MF (updated CMA & new lease agreement)
• Owner funds are processed between the 6th and 10th of each month

Reporting (monthly/yearly):

MRS has the ability to provide a wide range of monthly or yearly reports for our owners. Reports including but not limited to: Balance Sheet, Cash Flow, Income Statement, Gross Potential Rent, Guest Card Report, Tenant Ledger, etc.

Marketing/Advertising:

Marketing your property is paramount and our methods are time tested and market proven. We advertise on over 100+ online websites and on three different MLS boards (GA MLS, KWLS, FMLS).

Contact us today!