We do not allow smoking in any of our properties.
Park Avenue provides showings to our available properties 7 days per week via real estate agents and electronic lock boxes. In each case, no property access is granted without first providing a drivers license to our showing-service provider. This allows our firm to track every person or agent entering a property as well as when they entered.
Our firm sets the standard when it comes to property marketing. We utilize targeted Ad Words, SEO and SEM for all of our websites, ensuring our sites rank highly in searches. Additionally, we combine the power of social media platforms, free and paid (yes, we pay to advertise all of our properties) website syndication services to promote our properties across nearly 100 property-listing sites. By using this marketing strategy we maximize your property’s exposure to prospective tenants, which in turn generates more leads, showings and ultimately causes homes to rent faster. Our clients can sleep well knowing their properties are achieving maximum exposure.
Yes, we call this our “Procurement Only” service option. We will market, show and screen prospective tenants, prepare the lease and collect the required move-in funds. We will then turn the lease and security deposit over to you and you will assume management responsibilities.
For our Turn-Key service option, the following applies:
There are no hidden fees or monies due upfront. If your property is rented within 1 – 60 days of listing the rate is 10%, 60 – 120 days the rate is 9%, 121 days or longer the rate is 8%. Discounted monthly rates are offered at the following: (a) Clients with 2 or 3 properties start at a rate of 9% (not 10%) per month which can respectively decrease to 8% per month if the vacancy time exceeds 121 days or longer for a specific property. (b) Clients with 4 properties or more receive a flat rate of 8% per month.
The cost associated with advertising your property is recouped from the Finder’s Fee (also known as a Leasing Fee) which is assessed at the beginning of the lease term and is equal to 50% of one months rent. Additionally, there is a one time $100 set-up charge per property.
For “Procurement-Only” service:
Tenant Procurement involves advertising, showing, finding, preparing the lease documents, collecting move-in funds and placing a well-qualified tenant in your property. Once a qualified applicant is found, the lease documents will be prepared for your and the tenant’s execution. The first month’s rent will be collected (prorated if a partial month), as well as a full security deposit (equal to one month’s rent). A fee equal to one (1) month’s rent will be charged to you for this service. This fee will be deducted from the collected rent and you will be billed for the difference if partial rent is collected. The tenant’s security deposit is released to you to hold for the lease term. There is a one-time marketing fee charge for this service which is paid at contract signing.
Property advertising, finding and screening a qualified tenant, preparing and executing the lease, performing pre- and post move-in inspections, collecting rent, collecting and holding the security deposit, disbursing monies to the owner, handling all maintenance issues, evicting (if necessary), and responding to any and all tenant / 3rd party issues.
Rent payments are due on the first of each month. To the benefit of our clients, our firm distributes owner draws three times per month. We process payments on the 10th, 15th and 25th of the month. This allows our clients to receive payments timely, despite occasional late paying tenants.
Our firm is pet-friendly and many of our homes do allow pets. However, the properties we manage are owned by different homeowners and this answer is ultimately provided by the owner of the home. If there is a specific property that interests you and you would like to inquire whether or not pets are allowed, please make an inquiry by providing the property address, animal type, breed type and quantity to email@example.com.
Our pet policy is as follows:
Rental applicants with household pets or service/companion/assistive animals are required to submit a per pet application through a third-party pet screening vendor as part of our rental application process. No smoking is allowed at any of our managed properties.