Professional Full-Service Property Management Services
provided by Real Property Management Titan in Franklin, TN
Real Property Management’s professional services include ongoing communication, comprehensive marketing, and advertising, thorough resident screening and selection, full-service leasing, timely rent collection, regular property reviews, cost-effective and reliable maintenance, strict and compliant evictions, and comprehensive accounting.
On-Going Communication
Real Property Management Titan makes every effort to keep you informed about your property. Your RPM Owner Portal keeps you updated on property activity including vacancies, leasing, maintenance, property inspections and financial reporting. Whether you live a few blocks from your rental property or two-thousand miles away, you can monitor the activity of your property from the convenience of your computer, 24/7/365 from anywhere in the world.
In addition to your RPM Owner Portal, our highly-trained staff is here to answer your questions and assist you in obtaining the best return on your investment.
Comprehensive Marketing and Advertising
Each day that your property is vacant erodes your return on investment. The cost of professional management is easily offset by shorter vacancy times. We spend thousands of dollars every month advertising our vacancies to get them filled – faster. We want to ensure maximum exposure for your property by utilizing over 40 on-line platforms…some paid, some free, some proprietary, some with names you know and others in different parts of the country with names you don’t. Clicks turn into showings, showings into applications and applications into leases. Old school methods like professional “For Lease” signs (when permitted) are still effective in capturing drive-by prospective residents. Our experienced leasing agents respond promptly to inquiries advising prospective residents on the qualifications necessary to ensure a successful application resulting in the best fit possible.
Prior to marketing and advertising your rental property, our expert advisement positions your property to obtain Top of the Market rent in the fewest Days on Market by:
- Setting a competitive monthly rental rate based on a comprehensive analysis of property condition, upgrades, school districts, location and access to transportation, and area rental market rates.
- Advising and if desired, directing make-ready preparations to position your home to be matched with a high-quality resident, quickly.
Thorough Resident Screening and Selection
Placing the wrong resident can quickly cost you what you may save by managing a property yourself. Every resident application is evaluated based on a combination of relevant criteria involving credit, background, employment verification and residency/rental history. Our thorough screening complies with all applicable laws, including Fair Housing and Fair Credit Reporting Act.
Once we identify and approve a qualified resident, we facilitate the lease signing, collection of all funds, onboarding and tenant education/orientation. Our move-in evaluation documents the condition of your property at the time of onboarding to use as a reference later for security deposit disposition at move-out. We also ensure that all pertinent utilities are transferred into your resident’s name and evidence provided that the appropriate amount of renter’s insurance has been obtained.
Full-Service Leasing
Our leasing agent manages the lease signing with the approved resident using a lease which has been drafted by our licensed real estate attorney, and ensuring that all pertinent documents have been executed correctly. At the same time, rents, deposits and any fees are collected in accordance with local law, the Tennessee Code Annotated and recorded accurately to your online account. We also provide professional resident education at lease signing.
Finally, the leasing agent conducts a walk-through to document conditions. This important walk-through assists in accurately assessing any changes in conditions when the resident moves out.
Timely Rent Collection
Nothing affects your cash flow more than late or missing rent payments. Every month rent is collected, it is deposited into your account expeditiously. Our collection processes are professional but tough, and we are extremely diligent in collecting rent through a systematic, timely process.
Residents are offered a variety of ways to pay rent and incentives for paying rent on time, so you can get your money as quickly as possible. In addition, we treat each resident respectfully and fairly, as a positive relationship with a resident leads to timely rent payments as well as better care for your property.
Regular Evaluations
Professional evaluations of your home both inside and out are beneficial to ensure residents are complying with the terms of their lease and to assess property conditions.
Real Property Management Titan perform move-in, periodic, and move-out evaluations. Documentation and photographs from these evaluations assist in determining needed maintenance and repairs to maintain your property’s value and avoid costly repairs if left neglected. Evaluations also assist in shaping resident expectations regarding the care and concern we expect them to exhibit regarding your asset.
Cost-Effective, Reliable Maintenance
There is no such thing as a maintenance-free property whether your home is newly constructed or decades old. Maintenance is a necessary expense in owning a rental property; your return on your investment can be significantly impacted without timely, cost-effective repairs and upkeep. Maintenance coordination by Real Property Management Titan will save you time and money ensuring repairs are completed in a professional manner, by trustworthy, vetted and insured maintenance personnel.
Real Property Management Titan has an extensive network of contractors, vendors and in-house staff to handle property maintenance and repairs. In addition, our exclusive relationship with other neighborly home service brands provides a variety of cost effective options while delivering a professional level of service our investors have come to expect.
Strict and Compliant Evictions
Even with careful evaluation and placement there is occasionally a resident who will need to be evicted. Our staff is extremely knowledgeable in state and local landlord/tenant laws. If the resident does not pay rent on time or breaches the terms of the lease, we initiate the proper legal steps necessary, in the fastest possible time frame, to minimize your costs and get the property leased again.
For our property investors whose program includes this protection, we commit to handle the cost of an unlawful detainer eviction (up to $2,500) should it become necessary for residents we have placed.
Comprehensive Accounting
Our goal is to maximize your income and minimize your expenses. To keep track of your income and expenses we utilize the industry leader, Appfolio for our property accounting. This all-inclusive accounting and reporting system, backed with itemized statements and tax documentation, keeps all your property management financial information organized in one convenient place.
Real Property Management Titan provides each client a password-protected RPM Owner Portal for easy access to financial reports anytime they are needed.
Contact Real Property Management to learn more about our services ›