Owners

Legacy Management Group is committed to managing your real estate investments. Our dedicated staff will handle all aspects of maintaining your property to achieve maximum efficiency. Long term tenants are the key to success in minimizing vacancy, increasing collections and eliminating expenses. The high standards of professionalism from our team helps maintain long term tenants. Our objective is to increase your net operating income while maintaining the highest standard in client relations. Below is our success formula to increase rents and drive your property value:

  • Marketing
    • A comprehensive rent analysis is completed by our team to insure competitive rates & maximum returns are achieved.
    • Professional quality photos are provided of each available unit. Detailed description of the location, amenities and availability are listed online.
    • We use a variety of marketing tools including Craigslist, Apartment Guide, Rent.com and Rent Path to insure your unit is filled quickly.
  • Tenant Screening
    • Putting the right tenant into your property is the first step in achieving top results. Detailed background checks including credit, criminal and rental history is the first step.
    • Our team completes a thorough investigation of employment & rental history.
    • A complete financial analysis is done to insure the tenant can reasonably meet his monthly rental obligation.
  • Leasing
    • Our team meets with each tenant personally to do a walk thru and sign each lease. The walk thru helps eliminate maintenance calls and increases customer satisfaction.
    • Move-in photos are taken at the time of inspection to help eliminate future disputes.
  • Maintenance
    • Tenants are provided a 24 hour emergency maintenance number & online portal to submit maintenance request.
    • LMG prides itself in only using reputable, insured vendors who provide the highest level of customer service at reasonable rates.
    • All work is reviewed prior to paying any vendor to insure expectations are achieved.
    • Interior property inspections are performed every six months which include testing all smoke detector and emergency lighting.
    • An Inspection Log is kept for each property detailing the inspection results.
  • Community Relations
    • Tenants are provided online portals which provide the ability to pay or monitor account activity any time of day. Detailed online account history helps each tenant stay up to date and eliminates tenant confusion.
    • Rent collections are top priority. Effective collection activity starts with consistency. All rents are due on the 1st of each month with a 5 day grace period. If payment is not received by the 6th a late fee is issued and a past due notice is posted on their door. We follow up with a phone call to discuss payment arrangements. If no contact has been made we immediately proceed with a 3-day notice. Legal action will be taken if payment is not received after the 3-day notice has matured.
    • Evictions are filed promptly with top real estate attorneys and a representative from LMG will attend court as needed with no additional charge.
    • We handle all resident complaints or any potential violations with local municipalities.
    • Our team members are provided with extensive training to insure all Fair Housing Laws are obeyed.
  • Accounting
    • Our online owner portal insures the property owner is informed with real time property data.
    • View collections, bill payment, occupancy history any time of day from your mobile device.
    • Complete accounting which includes rental collections, bill payment, bank statement reconciliation.
    • Detailed financial statements are completed by the 10th of each month.
    • Owner distributions are paid by the 15th of each month.
    • Complete tenant files are store electronically with detailed move –in and move – out photos.
    • Comprehensive 1099 tax forms are issued for all third party vendors.

Our team is ready to service your needs as a real estate investor. Our goal is to provide piece of mind while maximizing your returns. Please call today and let’s begin building a lasting relationship.

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