KMB Properties

KMB Properties is not your typical Property Management Company. We are a team of professionals, spanning nearly 235 years of combined real estate experience. From Iowa's Mississippi River to the Amana Colonies, from Burlington to Cedar Rapids our team of real estate professionals can service your housing needs.

Property Owners
At KMB Management our focus is on exceptional management of homes, condos, town homes and apartments. KMB Management is a full service Property Management company that deals with the Marketing, Tenant Screening, Leasing, Accounting, Rent Collection, Evictions, Repair Coordination, and Regular Reporting; so property owners can focus on other concerns. KMB Management services the Quad Cities as well as the Iowa City, North Liberty and Cedar Rapids communities. We offer Iowa homeowners and investors an exceptional source of rental property management and will on request, provide references for your consideration.

What We Can Do For You

Marketing
Most Property Managers utilize a yard sign or local newspaper as the sole method of marketing a property. And although we do utilize colorful yard signs and the local newspaper, the vast majority of potential tenants utilize the internet. Our marketing plan includes the following:

• Web Site
• National Database Postings
• Signage
• Community Referrals

Tenant Screening & Selection
All prospective tenants are thoroughly screened at no cost to the owner. We have online computer services to check credit history, bankruptcy likelihood, judgments, evictions and criminal record. Employment verification, income and past tenancies are checked. Satisfactory ratios between earnings and expenses have to be met to be considered for tenancy.

Criteria utilized to qualify a tenant include:

• Satisfactory credit history
• Monthly income about three times the monthly rental amount
• No outstanding judgments
• No past rental evictions
• Established history of credit since a past bankruptcy
• Employment verification
• Criminal record check
• Present and former landlord references

Maintenance
We want to be very clear; KMB Managements business model is not reliant upon Maintenance income. Although we have a professional maintenance staff, all Management Agreements cap the amount of money we can spend on your behalf. We recognize that every dollar spent on maintenance reduces immediate owner income. However, continued quality income is directly related to the condition of the property.

Bookkeeping

• Financial Reports: Bookkeeping is accomplished by a double entry, cash basis computerized report that is distributed to owners monthly.
• Monthly financial statement detail all income and expenses during the month. It's not confusing, and you will quickly understand were and how your money was spent!
• Rental properties are registered with the appropriate city agencies and all tenant request, notices and issues are logged into a computerized system that enhances record keeping for any unforeseen needs.
• Owners receive a year's end accumulative report for ease in preparing their federal income tax forms. They also receive original copies of all vendor bills, so you can verify your money was spent as we reported.