PROPERTY MANAGEMENT
WE TAKE CARE OF IT FOR YOU!
Managing properties can be time-consuming and costly if you a new to owning any type of rental properties, whether it's short-term or long-term rentals. That is why the Mitchell team is here for you to rely on getting the best of out your rental properties for you financially, with no involvement on your part.
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Leasing
Finding tenants is our core responsibility as property managers. The following are things we do to fill vacancies and minimize them.:
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The Mitchell team ensures that we screen tenant with thorough background checks so that you don't worry about anyone damaging your property or not paying rent.
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The Mitchell team sets the rent at a reasonable based on market analysis of the home's area that we conduct for pricing.
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The Mitchell team guarantees optimal cash flow by setting dates to collect rent each month and strictly enforcing all late fees.
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The Mitchell team assesses and discusses the need to increase fixed percentages for rent with you each year, based on individual state and/or municipal law.
Repairs
Properties in great condition will always be a hot commodity, and the Mitchell team will exceptionally keep your property maintained so that it is always safe and habitable.
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The Mitchell team is responsible for the physical management of your property. Maintenance is key to preventing any major issues on your grounds. Our team will hire someone to exterminate; check for leaks; landscape and remove trash.
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The Mitchell team has a large network to cover any repairs from plumbing to general contracting. You will be notified of any issues and costs before any work is done.
For Owners
Rent Collections
The Mitchell team collects rent on your behalf and stick to the following:
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Creates policies that include acceptable payment methods, as well as repercussions or charges for late payment.
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Enforce late payment fees and process evictions due to unpaid rent.
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Consult with you about raising rent, if the market suggest or if any property improvement substantiate this consideration.
Accounting
The Mitchell team processes all of your accounting needs for your rental income by:
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Journaling all accounts payable and analyze all operating expenses and reconciliations to prepare budget for rental income and operating expense.
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Evaluating cash flow statement and maintain the integrity of all data for customer and vendor invoicing
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Preparing all balance sheets and provide supporting documents for year-end reporting to the owner.
