For Our Property Owners
Owner's Guide to Property Management
Move Ins/Move Outs
Springs Homes for Rent documents each move in and move out extensively with photos and occasionally video so that there is no question regarding the condition of the property. Keeping the property leased is our priority, so our tenant turnaround is as quick as possible.
Move Ins/Move Outs
When you place your home under Springs Homes for Rent, you can be assured that we will monitor the move-in and move-out of each tenant. The tenant will go through a move-in process which includes a detailed move-in inspection. The purpose of this inspection is to document the condition of the property in detail. Per the lease, the tenant is required to maintain the property to this documented condition and deliver the property back to us in the same condition as the previous move-out.
Initial Move-Out - When you move out of your home the first time, we will request for it to be fully cleaned, carpets professionally cleaned and re-keyed. This is the same condition that tenants will be required to return the property to us in at move-out. Costs for re-keying the property will be deducted from your first owner payment and we are happy to give you an estimate of what this costs for your specific property. If you do not wish to fully clean the property or have the carpets professionally cleaned, we can arrange this for you and it will be deducted from your first owner payment.
Maintenance During Tenancy - In Property Management, things do wear out and break over time and that is a fact that owners must accept. If, during a tenant's lease, something breaks that falls under normal wear and tear we will use our trusted vendors to get it fixed right away. For repairs greater than $250, we will request approval prior to dispatching a vendor. If, on the other hand something breaks that falls outside of normal wear and tear (i.e. a baseball breaking a window), we will work with the tenant to get it repaired at their expense.
For payments and bills, all invoices and statements are posted on your owner portal so you can refer to them, download them or print them at any time. In addition, your end of the year statement and your 1099 will be posted on your portal for when you are ready to do your taxes.
Keeping your home in good shape is a priority for Springs Homes for Rent. We encourage our tenants to report maintenance items as soon as they occur and our move-in and move-out inspections make it clear the condition of the home from one tenant to the next.
We also help by taking care of some of the seasonal maintenance required. We will have your sprinkler system winterized in the fall and de-winterized in the spring. We also will schedule an annual furnace maintenance check in the fall. This will make sure your furnace is working properly and this preventative maintenance often eliminates those emergency calls in the middle of winter.
All maintenance items less than $350 will be covered by your maintenance escrow and will be deducted from your monthly owner payment. If your home requires more extensive repairs, you can add money electronically to your escrow to cover this amount.
Should You Rent or Sell Your Home?
Have you been thinking about selling your home, but are not sure it is the right time to do so? This is the situation in which many people are finding themselves. With the less-than-stellar real estate market and the competitive loan market, there are plenty of people that make good tenants. Many of our tenants are financially responsible families or couples that do not feel it is the right time to invest in a home, but still want to live in a nice home.
Leasing out your personal home may seem daunting at first. That is where hiring a property management company like Springs Homes for Rent comes in. Rent payments, maintenance requests, seasonal maintenance, tenant screenings and finding good tenants are just some of the things handled by us. We take the worries and stresses out of leasing your home so that the only time you think about it is when you receive your monthly owner's check.
Now may be the right time to hold onto your home and let us manage it as a rental. Contact us for more information.