Our property management services can help you:
- Reduce Vacancies and Turnover
- Find better tenants
- Reduce maintenance costs through our extensive contractor network
- Maximize your ROI
Our clients are novice, experienced real estate investors, and retireers. Call for our rates and services and see for yourself what Penna Property Management can do for you.
Full Service Property Management Fees
We provide full service property management of your most valuable investment by placing and managing each new tenant. You can rest assured that your investment will be managed professionally.
Relax and enjoy your other life activities without wondering what that next phone call from your tenant will bring. In most cases we have found that our fees are more than offset by our ability to obtain quality rents, less delinquency, lower vacancy rates, lower cost repairs, and a faster turn around of vacating units. Why frustrate yourself by trying to manage your property by yourself, even if you live nearby.
- Property Evaluation:
We determine your property’s status, and target market to establish a fair market rental value. Our experience in the rental market ensures that your rental range is competitive, and will be set to minimize your biggest expense – vacancies.
- Property Marketing:
Our marketing & leasing service is more than a “For Rent” sign on the property, it’s a full service marketing and advertising plan. We utilize web based advertising to give your property maximum exposure in your specific target market. We also post your property on the Penna Realty Property page.
- Tenant Screening:
We handle all inquires and our rental application is designed to obtain complete comprehensive information on each applicant. We run a Financial Credit History and eviction check, Prior Residence and Former Landlord Verification, as well as Income Verification,. Once we have completed all the necessary verifications, we will contact you to present the application for approval.
- Transition Survey:
A detailed Condition of Premises form is completed and digital pictures record the property at both tenant move-in and again at move-out. Security deposits and reserves are held in the Penna Realty Trustee account. Tenants are held responsible for damages they acquire, beyond normal wear and tear.
- Comprehensive Legal Forms:
For your protection, our rental agreement leases are comprehensive. We use C.A.R forms.
- Rent Collection & Eviction:
Our rent collection policy is fair but firm. We take quick action to protect your interest should delinquencies occur. In the event legal eviction is necessary we work with several attorneys who specialize in this part of the law.
- Security Deposit Accounting:
The tenant’s security deposit is held in a non-interest bearing trust account.
- Comprehensive Accounting Services:
Our accounting and record keeping systems are totally computerized with state-of-the-art software and hardware for accuracy and efficiency. You receive monthly statements detailing all activity on your property. At year-end you are provided with complete summary information and 1099-misc for income tax purposes.
- Property Maintenance:
We handle maintenance requests from tenants and are on call for emergency repairs utilizing independent, qualified and reasonably priced companies. We add a nominal service fee for owner requested capital improvements and for legal courtroom appearances.
- Other Services:
We offer Full Realty services through our Licensed Real Estate Brokerage service. We can help you buy/ sell and structure a lease that helps you manage your Real Estate holdings.
Eviction for non-payment of rent is fast and certain – when the steps are executed properly. When a tenant has fallen behind in their rent payment, we will contact them and try to work out a payment schedule that the owner and tenant can agree to. If that fails we use the services of an experienced eviction attorney for unlawful detainers, including a notice to pay rent.