|Property Presentation/Make-Ready||IRS Documentation|
|Location Management||Monthly Management Statements|
|Leasing||Competitive Market Studies|
|IRS 1031 Tax Deferred Exchange Assistance||Tax Appraisal Board Appeal Appointments|
|Criminal History Checks||Small Claims Court Appointments|
|Full Services Collection Procedures||Property Insurance Placement|
|Eviction Services||Financing/Refinancing Assistance|
|Designated Owner Disbursements||Major Improvements|
|24-Hour In-House Maintenance & Repair||Investment Property Acquisition/Brokerage|
|Preventative Maintenance||Move-In/Move-Out Inspections|
• Single Family Homes
• Commercial and Retail Centers
Owning rental property provides the investor with a means of offsetting inflation and creating a valuable, alternative cash flow while building equity. The tax benefits and asset advantages gained from investment properties are very attractive in today's econimic climate.
Vance J. Elliott Realty Group is a full services company specializing in the field of investment property. Our expertise is channeled into management programs tailored for individual properties.
Our management and accounting systems, leasing techniques, and maintenance procedures are based on experience and innovation. The company, formerly known as Action Realty Property Management, was founded in 1984 after years of investment property brokerage and owning my own rental properties. Let us save you money!
Owning investment property can be rewarding, exciting, and profitable... and you can have peace of mind knowing we are working for you. We are committed to your benefits.
A Well Managed Property Adds Value
A well marketed property is easier to rent. We supervise all necessary pre-leasing activities, maintenance, repairs, and painting services with the aim of achieving maximum market value. We can recommend improvements or modifications that will enhance the value of your property. This, in turn, attracts quality tenants who provide stability and long-term leasing revenue. VJE Realty Group has a proven record of maintaining full occupancy of rental properties and virtually eliminating most vacancy concerns.
Finding the Right Tenant
A bad tenant is worse than no tenant at all. VJE Realty Group carefully interviews all prospective tenants prior to showing any property. A prospective tenant must complete a detailed questionnaire indicating income qualifications, credit history, and verifiable previous leasing experience. Applications are accompanied by a combination credit report from national credit reporting agencies TRW, Eqifax, and CBA. The applicant's current banking status is verified; and we screen for any previous criminal history. Student leases must be accompanied by a parental guarantee that all financial and practical responsibilities related to the leasing will be met. When the prospective tenant has satisfied all application requirements, we prepare an approved lease agreement and collect an appropriate security deposit. All of these efforts help to ensure the very best tenant for your properties.
And Keeping the Right Tenant
An important factor in retaining good tenants is keeping your property in good order. VJE Realty Group coordinates all on-site maintenance and repair based on a budget that is agreed on for every individual property. Pre-approved spending limits are established with the owner before maintenance work is performed. Our quality maintenance staff can handle all types of property related emergencies through our 24-hour hotline. All properties are inspected monthly in order to anticipate and recommend preventive maintenance.
Our Work, Your Cash Flow
VJE Realty Group collects all rents, returned checks, and forfeited security deposits. We pay all related expenses incurred through the management of your property. All financial transactions are processed by our computerized system using software recommended by CCIM (Certified Commercial Investment Members). You will receive a monthly report detailing your cash flow and all property-related transactions. They are documented clearly and accurately for your personal tax preparation.
Improving, Buying, or Selling Your Rental Portfolio
VJE Realty Group has access to a variety of investment properties throughout the Central Texas region. If you are interested in investing in property, adding to your portfolio, or selling holdings, we have a pool of investors who are seeking oppotunities to buy and sell properties. We can also assist with finding lenders for improvement, new mortgage, and refinancing funds.
The Cost of Professional Services
Our service costs are highly competitive and based on the size of the portfolio managed. In most cases, management fees are based on a percentage of the gross income we collect for you. There is no fee if a property is vacant, and no fees are charged until your revenue is collected. More information is available on request.
I know that Vance J. Elliott Realty Group can make a difference in the management of your rental property.
To find out more, please call me at 512-353-3002. Thank You!