Mid-Term Rental Property Management
Our mid-term rental management and consulting services empower busy real estate investors to successfully transition their properties to a more profitable mid-term rental model. By handling stand apart property staging and furnishing, setup, renting, and ongoing property management, we enable you to take back control of your portfolio, increase cash flow, reduce liability and headaches.
Long-Term Rental Property Management
Our long-term rental management and consulting services allow busy real estate investors to successfully transition their unfurnished properties to a stabil and a fixed revenue stream and provides the peace of mind for your rental investment.
Vacant-Home Monitoring Services
Our team seasoned of inspectors visit your property on a scheduled basis or following a storm. While there we conduct thorough inspections, set up required services, do after storm inspections, etc. and complete a report with pictures, noting condition, maintenance or damage. This allows the home owner or busy real estate a peace of mind whether a seasonal home, vacantion property, or vacant commercial building. We conduct thorough inspections, set up required services, do after storm inspections, etc.
Short-Term Rental Management
Have you been thinking about what the differences are between short-term and regular rental?
A short–term rental is typically defined as a rental of any residential home unit or accessory building for a short period of time. This generally includes stays of less than a month (30 days), but the maximum length can vary depending on the state and jurisdiction in which the rental is located. Payment frequency, method, and amount all differ between Airbnb (STR) vs. traditional renting as well. Since Airbnb platforms are used for short-term vacation rentals, payment functions similarly to a hotel. Stays are generally paid for on a nightly basis, commanding a higher daily rate due to a number of factors. All included and combined in travel medical and corporate housing Wisconsin and Illinois.
Tenant Acquisition
We work hard to find reliable tenants for your property. Our team uses a variety of marketing techniques to attract potential renters and ensure your property is occupied. We find the perfect renters, through partnerships with leading companies.
Tenant Screening & Selection
We conduct thorough background checks to ensure that tenants meet our strict criteria. We verify employment history, rental history, and credit score to select trustworthy tenants for your property.
Rent Collection
We set up direct payment rent collection specific to each owner and property requirements.
Property Management Fees
Unfurnished Long-term Rental Properties
- 10% of month's rent for the term of the agreement
- $500 Leasing /Onboarding Fee
- $100 Renewal Fee
- Unfurnished Tenant Placement
- 50% of one month's rent
Furnished Rentals
- Mid-Term
- Furnished Rentals
- 15% of monthly rent
- Furnished Rentals
- 12% of rent 90 days and above
Vacant Properties
Based on GPR, or gross potential rent
Based on property size and specific requirements
Retail - commercial - Industrial - Peace of Mind Management
Property Management
The dedication of our asset advisory and property management teams is unparalleled. We can customize our level of service to meet your needs, be it for facilities management or more expansive asset management. In both cases we provide quality, cost-effective and value-added real estate operational support.
· Property activity and communications, including tenant relationship management
· Maintenance
· Lease review, analysis and enforcement
· Property tax review
· Tenant health ratio and gross sale reports
· Utility and other expense management
· Contract bidding and vendor evaluation
Maintenance Call Management and Vendor Dispatch
· Responsive work-order processing including 24/7 emergency service
Energy Management
· Utility monitoring and expense management to reduce costs, improve work flow and maintain comfort
Insurance Compliance Tracking
· Management of professional certification of insurance review, including centralized document storage and tracking to reduce risk and provide real-time reporting
Vendor Contract Management
· Management of third-party agreements, including centralized document storage, contract tracking and authorization
Capital Projects and Project Management
· Construction management including refreshing spaces and overseeing buildouts, other improvements
Property Management Fees
Retail and Commercial
- 2.5 % - 8% Based on GPR, or gross potential rent
- Based on property size and specific requirements
Vacant and REO Properties
- Based on GPR, or gross potential rent
- Based on property size and specific requirements
We undertake exhaustive analysis of your property to determine the best path forward to optimizing operations, income and asset value.
UNDERSTANDING THE DIFFERENCE
What Are Mid-Term Rentals? Travel Housing Wisconsin
Mid-term leases refer to lease terms of 1-12 months, but often last 3-9 months and come fully furnished. Since they do not legally count as "short term rentals," owners are not required to pay the taxes associated with short-term leases. Mid-term leases are perfect for people who want to live in an area for a while but want a shorter lease than the typical year-long lease. In this type of rental, we tend to target traveling professionals looking for corporate housing, medical professionals on assignment, people looking to move to a new area or a place to live when transitioning between selling a home and building a new house. These people know they'll be in an area for a substantial amount of time, yet they don't want to commit to a 12-month lease or pay the higher rents associated with shorter leases or air bnb’s.
What Is A Long-Term Rental?
A long term lease is a trade the landlord makes with the tenant: a lower rent, in exchange for more certainty in the income stream. A residential rental property, in the simplest of terms, refers to homes that are purchased by an investor and inhabited by tenants on a lease or other type of rental agreement and do not come furnished.
Why Home Monitoring For Seasonal And Vacant Properties?
Why Remote Home Monitoring Is Not Enough?
Most people think they are fine to leave their seasonal home unattended over long periods of time. Especially if they have the latest WIFI thermostat and a few wireless cameras. Remote monitoring is great, in fact we encourage it and can even monitor it for you. What the thermostat’s and cameras can’t tell you are often the smallest of problems that can become massive headaches and financial burdens.
A few examples: Sump pump failure, Blocked furnace vents, broken ice maker, animal inflation and much more.
Although these examples are small things that aren’t always easy to spot in person, they+ impossible to catch using today’s remote monitoring systems. It’s crucial to have a home watch service to protect your investment. It’s a small price to pay in order to mitigate the risk of large-scale damage to your investment in a seasonal home
What's The Difference Between AirBNB Listing Management and AirBNB Property Mangement Service?
Have you been thinking about short-term rental (STR) Do you feel nervous having strangers in your home?
Often a short-term listing agent or listing management company is not a local servicer or if they are they rely soley on 3rd party vendors to be the boots on the ground and foward facing local to your location for all services required, contact for all licensing and permit authorities and guests.
Look no further, you are at the right place. We will ensure a professionally clean, green, safe and sanitized property, "If we won't stay at the property it's not clean enough for your guests"! We provide complete property management, turnover services, guest contact, etc. Let's make the guests want to return time and time again, referring your Air BNB to all their family and friends!