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What is Property Management?

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  1. 1. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] BlackHawk Property Management & Realty Serving the Phoenix Valley “ Watching Your Investment Like A Hawk”
  2. 2. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] What is Property Management? <ul><ul><li>Managing all facets of Residential Real Estate for rental income </li></ul></ul><ul><ul><li>A liaison between the Landlord and the Tenant </li></ul></ul><ul><ul><li>Providing a buffer for Landlords desiring to distance themselves from the Tenant </li></ul></ul>“ Watching Your Investment Like A Hawk” Who’s a Good Referral? <ul><ul><li>Realtors, CPA’s, Financial Planners, Mortgage Brokers </li></ul></ul><ul><ul><li>Current Owners/Investors of Rental Property </li></ul></ul><ul><ul><li>Friends, Neigbors, or Family members interested in Rental Property </li></ul></ul>
  3. 3. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Estimate Market Price <ul><ul><li>Supervise the process to prepare the property for Tenancy </li></ul></ul><ul><ul><li>Evaluate and set pricing comparable to geographic area, condition of property and amenities </li></ul></ul>“ Watching Your Investment Like A Hawk” Marketing <ul><ul><li>Utilize a variety of marketing, including online, print, signage, BlackHawk website ( www.blackhawkpmr.com ) etc. to maximize exposure </li></ul></ul><ul><ul><li>Monitor activity and adjust price accordingly </li></ul></ul>
  4. 4. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Qualifying Tenants <ul><ul><li>Utilize TransUnion, a major credit risk company, to run and evaluate credit risk </li></ul></ul><ul><ul><li>The credit history evaluation process includes: </li></ul></ul><ul><ul><ul><li>Risk Score </li></ul></ul></ul><ul><ul><ul><li>Credit Assessment </li></ul></ul></ul><ul><ul><ul><li>Criminal Background </li></ul></ul></ul><ul><ul><ul><li>Rental History </li></ul></ul></ul><ul><ul><ul><li>Employment History </li></ul></ul></ul><ul><ul><ul><li>Income ability </li></ul></ul></ul>“ Watching Your Investment Like A Hawk”
  5. 5. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Drawing Leases <ul><ul><li>The next most important item for a solid business decision is drawing up a valid and binding contract, the LEASE </li></ul></ul><ul><ul><li>Utilize the current Arizona Association of REALTORS (AAR) Lease Document </li></ul></ul><ul><ul><li>Our documents comply with the state specific language in the event that legal action is necessary. </li></ul></ul><ul><ul><li>Include required addendums or notices such as “Pool Safety Notices”, HOA documents, and a copy of the “Arizona Residential Landlord and Tenant Act” (ARLTA) </li></ul></ul><ul><ul><li>Anything else a Landlord requires for Tenancy </li></ul></ul>“ Watching Your Investment Like A Hawk”
  6. 6. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Rent <ul><ul><li>Collect rent on behalf of the Landlord </li></ul></ul><ul><ul><li>Rental income is distributed to Landlords via direct deposit </li></ul></ul><ul><ul><li>5 Day Non-Compliance notices are sent certified immediately after the first day payment is not received. </li></ul></ul>“ Watching Your Investment Like A Hawk” Vendor Management/Maintenance <ul><ul><li>Handle all maintenance phone calls </li></ul></ul><ul><ul><li>Repairs/Upgrades are communicated to Landlord and handled with diligence </li></ul></ul><ul><ul><li>Utilize a pool of licensed and bonded contractors that complete projects at the best value for our Clients </li></ul></ul>
  7. 7. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Eviction Process <ul><ul><li>Litigation is an unfortunate and last resort, but unavoidable necessity </li></ul></ul><ul><ul><li>When a breach of contract occurs and legal action is required, immediate action is taken and our legal team is employed </li></ul></ul><ul><ul><li>Utilize one of the top legal teams in AZ to begin and enforce legal action </li></ul></ul><ul><ul><li>In most cases, Tenants can be evicted within 21 days for breach of non-payment </li></ul></ul>“ Watching Your Investment Like A Hawk”
  8. 8. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Why Use BlackHawk Property Management & Realty? <ul><ul><li>Just like having a CPA for taxes, a Financial Planner for Asset Management or a REALTOR for Real Estate, it is important to use a professional and experienced team for managing your investment in Real Estate </li></ul></ul><ul><ul><li>Do want to have to spend your valuable time finding a Tenant? </li></ul></ul><ul><ul><li>Do you want to receive constant phone calls for toilets running? </li></ul></ul><ul><ul><li>Do you want to search for current legal documents or research laws for Real Estate Management? </li></ul></ul><ul><ul><li>Do you want nag your Tenant for rent? </li></ul></ul><ul><ul><li>Do you want to gather a team of lawyers for legal action? </li></ul></ul><ul><ul><li>BlackHawk Property Management provides the highest level of Customer Service and Integrity! </li></ul></ul><ul><ul><li>“ Watching Your Investment Like A Hawk” </li></ul></ul>“ Watching Your Investment Like A Hawk”
  9. 9. BlackHawk Management & Realty, LLC Doing Business As (DBA) BlackHawk Property Management & Realty www.blackhawkpmr.com | 26659 N 43rd St Cave Creek, AZ 85331 | 602.314.8483 | [email_address] Additional Services… <ul><ul><li>Real Estate Sales – Investors, Individuals (First-time home buyers) </li></ul></ul><ul><ul><li>Thinking about investing in Real Estate – We help you identify properties, create pro-formas, understand Capital Rates, and how to determine if you are in a position to invest </li></ul></ul><ul><ul><li>Need Resources – We are partnered with many businesses to help you form LLC’s, obtain insurance, CPA’s for Real Estate tax, and many more… </li></ul></ul><ul><ul><li>We have also, recently, partnered with “Arizona Residential Property Owners and Landlord Association” (ARPOLA) that offers many resources, services and information for Landlords – www.arpola.org </li></ul></ul>“ Watching Your Investment Like A Hawk”

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