DMHouseRentals.com Property Management, LLC is a full service property management company. We provide all the services you need to make and keep your property a success.
Getting your property rented quickly by a qualified tenant is our #1 priority. We use a variety of methods to accomplish this.
Electronic media: All listings are posted on our web site at DMHouseRentals.com, Craig’s list, and various other web sites. Pictures are attached to each listing.
Property Signage: A “For Rent/For Lease” sign is posted in front of the property.
Flyers and Circulars: Posted at Local High Traffic Establishements
While it's important for us to keep your property occupied, experience shows that it is more important to be selective in a process of choosing a tenant. In the long run you will benefit because your tenant will normally stay longer and take better care of the property. Our Screening process begins with a personal interview and the gathering of tenant background information. We also check with past landlords for rental history, verify employment and do a criminal check prior to occupancy.
Rents are due on the first of the month. We make every reasonable attempt to cooperate with a good occupant, to insure rental payment. Should an occupant become delinquent, our procedure is set by law to complete the eviction process.
Our policy is to do periodic exterior inspections and interior inspections a minimum of one time per year. If we see anything that would lead us to believe the property is not being maintained by the tenant as per the rental contract we make arrangements to view the inside. We maintain a file of digital photos of the interior and exterior of each property as part of the move-in move-out inspection. The exterior inspection may also include a photo to be added to our photo library.
We offer the flexibility of using your choice of professionals or to use our qualified and experienced team selected for responsiveness and cost efficiency. Our management contract includes a provision to spend a pre-authorized amount of money to make repairs to the property. These costs are itemized and deducted from your gross rent receipt. You are responsible for the costs of all repairs beyond those identified as the tenant's responsibility in the tenants residential lease agreement. There can be no compromise on safety. The issue of whether or not to make health and safety repairs are specifically addressed in the Landlord-Tenant Act. Any health and safety issues that arise will be addressed immediately in the most cost effective method possible. We will notify you of the issue and discuss repair options, but the repairs will be made.
Our service includes paying the expenses for your property, if you chose us to. These payments are deducted from the rent collected. We keep accurate and timely records on all aspects of the management of your property. We maintain records that reflect all rental income and expenditures incurred in connection with our management of the property. These records are maintained in our office. We provide Owner copies of all invoices, statements, purchase orders, and billings received and paid during such preceding month as well as such other information relating to the management of the property that, in the opinion of Agent, requires the attention of the Owner.
Our management agreement includes the requirement for every landlord to carry fire and extended hazard insurance coverage on the property and the improvements situated on the property. We include indemnification and hold harmless language in our agreement and also require that DMHouseRentals.com Property Management, LLC be named as an also insured in any policy covering the property. We strongly recommend to tenants that they purchase renters insurance.
Residential Landlord-Tenant Act:
We manage your property within strict compliance with the State of Iowa's Residential Landlord-Tenant Act. We provide a copy of this regulatory document to both owners and tenants. We encourage all our clients to understand this governing document.
Move In & Move Out/Evictions/Vacancies
Inspections of each unit are done before the new tenants move in, small repairs that are needed are noted and are completed promptly also any existing normal wear is noted. When the tenant moves out another inspection is completed. Any repairs deemed to be the occupants responsibility are completed and deducted from the security deposit. The property is then cleaned and painted, if necessary, and made ready for the next renter.
Minimizing the costs of vacancies and turn-around times are important concerns at DMHouseRentals.com Property Management, LLC. To minimize vacancies lease expiration dates are monitored carefully by computer, and Renewal Notices are forwarded to tenants approximately 45 days prior to expiration. The Notices include any necessary revisions in price or terms, and the lead time helps eliminate month-to-month extensions. Vacating residents are required to give 30 days notice. This policy helps us prepare, advertise and re-lease the property with minimal losses in revenue.
If an eviction is required, we handle all aspects of the eviction process at the owner's expense. The screening process we use will help to eliminate this unpleasant aspect of the business. Our goal is to never have to take this action.
Additional Services We Provide