Watch this video to find out more about our Chattanooga Property Management Pricing.
Spencer Sutton here with gkhouses in Chattanooga and I want to talk to you about our Chattanooga property management pricing. So, the pricing I will walk you through will focus on our three unique pricing plans.
I will start with our Gold package, then I’ll move to our Platinum package, and then I will move on to our Investor package.
Marketing and Leasing
So, the first thing that I want to make you aware of is that most of the time, we receive houses that are vacant.
Now we do get houses that have tenants already, maybe an owner is self-managing and they want to let us take over the headache for them. So, if that’s the case, it’s a very similar process except for not actually going out to the house and marketing the home for lease.
But this is from a vacant house perspective. We are going to onboard that property. We will do a full walkthrough for you, give you a report that is going to let you know if the house is rent ready or if it needs a little bit of work.
And then from that point, we’re going to aggressively market the home.
And so, our whole goal is to get as many people in the home and to see it and then to fill out applications as possible. And we’re gonna screen everyone very thoroughly.
The biggest part about owning your own property is getting the right tenants in your home. And so, we do all of this, and there’s no upfront fee for this.
We also have a 100% Happiness Guarantee, so you could cancel at any time during this process. But the very first fee that you will see comes after we place a tenant in your home.
And so, on the Gold package, that leasing fee is 50% of the first month’s rent. So, if you had a house that was renting for $1,200, that leasing fee $600.
We will take it out of the tenant’s first-month rent once they move in. So that is, again, it’s a one-time fee for all the marketing, finding the tenant, screening the tenant, and placing them in the house, collecting a security deposit equal to one month’s rent.
And then from that point forward, the monthly management fee on that Gold package is going to be $89 a month.
And that $89 a month is going to give you all of our standard property management features.
- Collect rent
- Communicate with the tenant so that you don’t have to
- Manage work orders
- Disperse funds to you on the second Friday of every month
- Send you an owner statement twice a month
So, these are the basic property management services that we offer to you in Chattanooga on the Gold package.
So, on a side note, there are optional services that you can add to this package should you want to, if you’re interested in things like quarterly inspections.
We will go in your house, change the air filter (because we know tenants don’t do that), check batteries and smoke detectors and then take pictures throughout the house and send you a report.
We would do that four times a year. So that’s an optional service you can add.
And then we also have a biannual HVAC inspection. So it’s really preventative maintenance that we do once in the spring and once in the fall.
And what we’re trying to do is avoid some type of an emergency service call in the heat of Chattanooga summers or when it gets really cold in Chattanooga. So, those are optional services.
That’s the Gold package, $89 a month management fee.
Moving on to the Platinum package. Now the Platinum package is guaranteed rent.
If we placed a really well-qualified tenant in your home, sometimes bad things happen that cannot be foreseen in the screening process.
An example is if someone lost their job, or maybe they went through a personal crisis – a health crisis – and they could not pay rent.
If you were on the Platinum package, we will still pay you rent.
We will still pay you the same amount of rent that we paid you from the very beginning. That’s what we mean by guaranteed rent. And then it’s on us to go ahead and collect from that tenant.
Also, if for some reason, for some unfortunate reason we had to move to an eviction, then we will pay for the entire eviction.
And once we take possession of the property, we will continue to pay you for an additional three months or until we find another tenant, whichever comes first.
There is no leasing fee on this Platinum plan.
The monthly management fee starts at $199 a month. You can see a full schedule of fees on our Chattanooga Property Management Pricing page.
Platinum comes with some optional services. It comes with a quarterly inspection and with the biannual HVAC and preventative maintenance package.
So, those are two things that are automatically included in that Platinum package. So, we just went over Gold, and then Platinum. And now if you’re an investor, we have a plan for you as well.
If you’re an investor, we offer you an 8% management fee. So it’s 8% of rent collected.
The leasing fee is going to be 50% of the first month’s rent. And then the features that you get are the same as the Gold so it’s all of our standard features, our standard property management services.
I hope we have answered your questions about Chattanooga Property Management Pricing.
Whether you’re a homeowner who’s planning on moving out of their home and wanting to rent their house, or whether you’re an investor, whatever the case is, we have a plan for you in Chattanooga.
So, please give us a call. We’d love to talk to you. You can find a form on this website. You can find our phone number. And we’d love to talk to you about property management in Chattanooga.