Rent Collection and Remittance
You’re not renting out your home for a hobby. It’s either an investment or you’re holding for a better time to sell. Either way, collection of rent is the goal, and to Pristine Property Management goals are mandatory. Our job is to collect rents, account for expenses, and remit the balance to you. State law and other local regulations dictate how this must be accomplished and when funds can be remitted, so check our link here to pertinent legal requirements to which we must adhere.
However, our Longview rental property owners can count on prompt collection of rents and remittance to them as legally permitted and scheduled in our rental management contract. All documentation and accounting records are maintained to keep our owners informed and on top of their financial investment in their rental home.
How Much Rent Should You Charge?
Of course, there are market rents for similar properties that will influence the amount of the rent you can charge in a competitive environment, and you can use the convenient Area Rent Comparison Search in the sidebar on this page to see what other homes similar to yours are charging for rents in the local area.
Using the valuable Costs – To – Rent Calculator in the sidebar, you can enter your costs and determine the amount of rent necessary to break even, and the rent you may be able to charge to realize a certain percentage return on investment.
- Mortgage payment amount.
- Annual taxes.
- Repairs and maintenance estimates or historic amount.
- Allowance for vacancy periods between tenants.
- Insurance costs.
Our Late Rent & Default Procedures
Again, what we can do on your behalf and on what time schedule may be determined by state and local laws, but rest assured that we’re taking the best action at the earliest time that is allowed. Late rent penalties will be enforced and any late charges assessed and collected. Per our rental property management agreement and appropriate laws, we will take action to evict tenants in default on their lease and retain any deposits allowed by law. Our job is to maximize your return on your rental investment and minimize non–payment costs.
I was referred to Pristine Properties by Ramsey Real Estate. They spoke very highly of this company and they could not have been more accurate. I called them not knowing anything about property management or leasing my home and had an interview the next day with a full explanation of what to expect.
The following day I signed on with them, they showed my house and secured a tenant within 48 hours! I look forward to working with them for a very long time. Sincerely, Melissa Morton Longview, TX
This team of ladies (2 of them) are awesome. They are motivated, honest and will take care of you whether you are looking for rental property for you or your family or needing someone to promote your property or properties.
Lynn Maupin and her staff are excellent to deal with and handle any problems that arise with my properties. I appreciate the professionalism they show with managing my property.
I highly recommend them to handle your property management needs.