Asset Management Services

Stewart Properties will provide full service management for the discriminating income property owner who demands the highest level of attention and would like their asset to operate at its greatest potential. Our team will design a program that will give you:

  • Increased income

  • Lower vacancy factor

  • Reduced ongoing maintenance costs

  • Reduced tenant complaints

  • Give you peace of mind!

Our goals are to:

  • Thoroughly screen tenants and provide credit checks

  • Interview potential tenants

  • Collect security deposits

  • Collect rent on time

  • Communicate with tenants and owners

  • Respond immediately to maintenance problems with qualified personnel

  • Represent the owner in all legal proceedings

  • Facilitate rapid turnaround on move-outs

  • Perform routine property inspections

  • Maintain a trust account that secures all deposits

  • Provide monthly statements of income and expense

  • Recommend cost effective methods to increase value and cash flow

  • Charge competitive management fees tailored to the investor’s needs

We place the same concern for quality, service and value on every property we manage, whether it is a condominium, home or large apartment building.

Asset Management Fee Structure:

 

Owners:

1-2 Units

Setup Fee…………………………………………………………$55.00

Advertising Deposit………………………………………….$150.00

Leasing Fee……………………………………………………..$200.00

Property Management Fee……………………………….9.5-10% of monthly gross income

Minimum Fee………………………………………………….$85.00

3-7 Units

Setup Fee………………………………………………………..$150.00

Advertising Deposit…………………………………………None, unless vacant

Leasing Fee…………………………………………………….$175.00

Property Management Fee……………………………….8.5% of monthly gross income, with a minimum of 75% of a scheduled monthly gross management fee

8-15 Units

Setup Fee………………………………………………………..$150.00

Advertising Deposit…………………………………………None, unless vacant

Leasing Fee…………………………………………………….$150.00

Property Management Fee……………………………….8.5% of monthly gross income, with a minimum of 75% of scheduled monthly gross management fee.

 

The management fees quoted are general guidelines. The fee schedule that you negotiate will be based on your property’s unique profile.

Renters:

(These fees are paid by the renter when an application is accepted/approved)

  • $30.00 credit check fee for each adult (18 or older) to occupy the property ($45.00 for married couples).
  • $25.00 file setup fee (paid when application is approved).
  • Security deposit and first month’s rent paid in certified funds, i.e. cashier’s check, cash, or money order (paid when application is approved)