Rental Management

Having a property management company manage  your property has a number of advantages versus managing the property long distance.  You have the comfort of knowing someone is on-site should anything go wrong such as renters that are too noisy or disruptive.  If  a major storm occurs, we can assess the condition of  your home and take immediate steps to fix any problem.  Our philosophy is we are entering into a partnership and communication is important to sustain the partnership. Below is a summary of what support King's Foot, Inc provides.


Rental and Marketing of your property. 

• Setting up your property on vacation by owner website (we currently recommend/use 3 or 4 sites).  Each site has a cost associated.
• Responding to inquiries, processing rental agreements, managing payments
• Checking renters in and out
• Inventory/inspection of unit after each rental
• Establish special promotional advertisements:  Craig's List, club websites, etc.
• Provide promotional materials/advertising.

Cleaning of the property:

• Ensure the unit is cleaned after every rental and prepped for the next rental. We currently charge the renter a one-time cleaning fee.
• Provide cleaning supplies.

Maintenance of the property:

• Identify preventive maintenance items
• Replace incandescent bulbs within arm's reach of the floor

Fees:

• Management fee is 30% of gross rents
• $180 annual fee used to cover setting up the websites, taking pictures, inventory, etc.
• $35/hour when required to set up maintenance, repairs, shopping to replace worn/broken items, staging condo in preparation to rent, or other items necessary to maintain the property.