For Property Owners

Many homeowners choose professional management services for a variety of reasons. Here are the key advantages of opting for professional management over self-management:

• Peace of Mind: We handle all aspects of maintenance and emergency repairs, allowing you to enjoy worry-free property ownership without the stress of day-to-day issues.
• Streamlined Rent Collection: Our team ensures timely rent collection and manages notices for payment issues, freeing you from the challenges of late or missed payments.
• Legal and Regulatory Compliance: With extensive knowledge of federal, state, and local property laws, we ensure your property remains compliant with all regulations, safeguarding your investment.
• Expert Local Market Insight: Leveraging our broad network and access to cost-effective advertising, we effectively market your property, minimizing vacancy times and maximizing occupancy.
• Enhanced Profitability: From securing higher rental rates to negotiating discounted advertising and repair services, our professional management often results in greater profitability compared to self-management.

By entrusting us with your property management, you not only save time and effort but also optimize your investment’s financial performance.

We take the Fair Housing Act very seriously, which means we cannot discriminate against anyone in a protected class. However, you are free to implement rules against pets and smoking in your home. Just keep in mind that service animals are not considered pets and cannot be excluded. If you have any questions or need more details about Fair Housing guidelines, don’t hesitate to reach out. We're here to clarify any concerns you may have

At Legacy Property Management, we aim to lease your property within 30-60 days of listing. While some homes may attract tenants faster, others might take a bit longer to find the right, qualified renter. Once your property is ready for the market, we immediately begin our marketing efforts to generate interest as quickly as possible.

For optimal results, we recommend listing your property before the start of the month, as tenants often plan their moves by month-end. If your home is well-maintained, competitively priced, and available by the 1st, you're more likely to avoid any rental vacancies.

We also provide expert guidance to ensure your property is priced correctly from the beginning, preventing the need for price reductions later and allowing you to receive a full month’s rent rather than a prorated amount.

By partnering with Legacy Property Management, you’ll receive regular updates on market conditions and expected leasing timelines. With our proactive approach and market expertise, we work to minimize any rental income loss and ensure a smooth, efficient leasing process.

No, we specialize in managing both residential and commercial properties. Our diverse portfolio includes single-family homes, duplexes, triplexes, fourplexes, and larger multi-family buildings. Alongside our residential services, we also provide expert management for commercial office properties.

The security deposit is securely held in our trust fund account to ensure proper handling. As your property managers, we adhere not only to State and Federal laws but also to any specific guidelines you set.

At the end of a tenancy, we conduct a thorough inspection of the property and document its condition. If any repairs are needed due to damage beyond normal wear and tear, we deduct those expenses from the security deposit. Any outstanding tenant balances are also deducted. The remaining balance is then promptly returned to the tenant, typically within 30-45 days after the lease ends.

With our transparent and professional approach, you can rely on us to manage the security deposit process efficiently, ensuring fairness for both you and your tenants.

Absolutely! Many property owners are capable of handling the day-to-day management of their rentals but may struggle with finding and screening the right tenants. That’s where we come in. We offer tenant placement services that include marketing your property, thoroughly screening potential tenants, preparing the lease, documenting the move-in process, and collecting the first month’s rent. Once these tasks are completed, we hand the property back to you for ongoing management.

For more details on our service options and fee structure, feel free to contact our property managers.

Yes, we provide a detailed monthly report that covers all key aspects of your rental property. This report includes information on rent and other income received, along with a clear breakdown of maintenance, repair costs, and any additional expenses. Reports are sent out each month for your convenience.

Many of our clients prefer electronic fund transfers directly to their accounts, which eliminates the need for paper statements. In this case, your monthly statement will be emailed to you promptly.

If you ever have questions or concerns about your statement, don’t hesitate to contact us. We’re here to help with any inquiries you may have.

For your convenience, direct deposits are typically made to your account between the 15th and 20th of each month. If rent hasn’t been collected by the 6th, we’ll notify you promptly.

We understand that some property owners may wonder about delays in receiving their payments. Here’s why: While rent is due on the 1st of each month, many tenants pay on the 3rd or 5th. Once payment is received, it takes about 5-7 business days for the bank to clear the funds. We are unable to disburse payments until the bank fully clears them.

Our accounting team also processes invoices for all properties monthly. This includes payment, scanning, system uploading, and then disbursing funds to owners while preparing detailed owner statements. This thorough process ensures accuracy and transparency but may take a few extra days to complete. Rest assured, we strive to make the process as efficient as possible while maintaining a smooth experience for you.

Absolutely! We are highly experienced with Housing Authority programs and regulations, including Section 8. Our team can assist you in finding qualified tenants with Section 8 vouchers and guide you through the necessary procedures to ensure compliance and a smooth rental experience. You can confidently rely on us to handle this aspect of your property management, making the process as seamless as possible.

Certainly! As part of our property management services, we’ll handle all communication with your current tenant to inform them of the management change. We’ll ensure they receive clear instructions on rent payments, maintenance requests, and any repairs, providing support to ease the transition.

However, it’s important to note that we don’t directly sign new lease agreements with tenants. Lease agreements remain between the property owner and the tenant. That said, we are here to provide guidance throughout the leasing process, ensuring everything complies with legal standards and your preferences. Our goal is to maintain a positive landlord-tenant relationship and create a hassle-free experience for everyone involved.

The responsibility for utilities is ultimately determined by you as the property owner. However, it’s common practice for tenants to cover their own utility costs, which typically include water, electricity, gas, and related services. You can decide how you'd like to handle this based on your preferences and lease agreement terms.

We offer multiple convenient payment options for tenants. They can deliver cashier's checks or money orders directly to our office or drop them off in our secure office drop box.

For added convenience, tenants can also pay rent online through our secure website portal. This portal allows for one-time payments, recurring withdrawals from their checking or savings accounts, or payments via credit card.

The cost of an eviction is the responsibility of the property owner. If an eviction becomes necessary, we will proceed with the process after obtaining your approval. As part of our management services, there are no additional fees from Legacy Property Management for managing the eviction.

Eviction costs generally range from $500 to $1,000, which is paid directly to the eviction attorney. We work closely with attorneys who specialize in real estate and property management law to ensure a swift and efficient resolution. Any eviction cases are promptly referred to these legal experts to handle the situation professionally.

Our priority is to protect your interests and manage any eviction cases with care and expertise, minimizing disruptions to your property and rental income.

No, tenants will not have access to your personal contact information. To protect your privacy and ensure a smooth communication process, all tenant interactions are handled through Legacy Property Management. We ask that you avoid contacting tenants directly and instead allow us to manage all communications.

By centralizing communication through our team, we ensure that all matters are handled professionally, efficiently, and in line with legal and privacy standards. This approach helps maintain clear boundaries and fosters a positive relationship between you, the tenants, and our management team. If you ever have concerns or questions, feel free to contact us, and we’ll address them promptly on your behalf.

No, as a standard practice, prospective tenants are always accompanied by our Property Manager during property viewings. This ensures a secure and professional process throughout the showing.

Yes! We offer flexible "à la carte services", allowing you to select the specific services that meet your needs. You'll only be charged for the services you choose to utilize. We offer three levels of service, designed to support your unique requirements:

• Tenant Procurement Only: We handle the tenant search process to find reliable tenants for your property.
• Tenant Background/Credit Check: We conduct thorough background and credit checks on prospective tenants to help you find trustworthy occupants.
• Tenant Lease and Addenda Preparation: Our team prepares the lease agreement and any necessary addenda, ensuring all legal terms are clearly outlined.

To learn more about each option, feel free to contact us. We’re happy to provide further details and help you select the services that best suit your property management needs. Your satisfaction is our priority.