FULL-SERVICE PROPERTY MANAGEMENT IN PHOENIX
When you trust Louise at Regal Elite Realty to manage your investment properties, you are in good hands. Since Louise opened her doors in 2014, property owners have relied on Regal as their full-service property management company. We still work with many of the same landlords and tenants we had in those early days. Another testament to our superior level of customer service is that many of our owners have used Regal Elite to sell their rental properties after experiencing years of Louise’s property management service, and many of our tenants have used her help to buy a home once ready to become homeowners.
OWNER SERVICES
YOUR INVESTMENT | OUR PRIORITY
Our owner services are detailed and complete. Louise will take an initial inventory and stock supplies; we take photographs to record the property including pictures of major appliances, property fixtures, and the condition of the grounds. Our comprehensive screening of interested tenants includes a credit, background, and criminal check to help protect your investment. We advertise your property on all appropriate listing services including websites, Realtor’s MLS site, and periodical publications. Louise will also deal with all HOA issues and assist with any Home Warranty necessities that arise.
AGENTS
Ask about our $250 homeowner referral fee. Plus, when the homeowner is ready to sell, we refer them back to you.
We manage the financial aspects of the lease of the property, collecting any funds owed including rent, taxes, or fees, and payment of the owner’s monthly/quarterly HOA assessments. Monthly financial statements are provided to our owners with a full breakdown of costs and expenses. We monitor a maintenance account, distributing funds as needed to keep your property in working order. Our inspection protocol includes a drive-by visual inspection every month, and a walk-around personal inspection of the grounds and property every year.
Your investment is our priority.
OUR PROPERTY MANAGEMENT PROCESS
We will take photos, collect all keys, and complete a full inspection sheet.- We will place a lock box, professional ‘For Rent’ sign at the property, and list the property on MLS.
- While vacant, utilities will be established under Regal Elite until the property is rented.
- Any and all maintenance issues will be handled through Regal Elite maintenance.
- We will run a credit and criminal history on all tenants with a 3rd party called AAA Landlord – this will be done at the tenant’s expense.
- We will verify employment and prior rental history on all prospective tenant
- We will collect monthly rent, pay vendors (if necessary for maintenance), collect management fee, and issue the property owner a monthly check along with monthly rent statement by the 7th of every month.
- If rent is late, we will issue a certified 5-day notice to the tenant. If within that 5-day period the tenant does not pay, Regal Elite will send the file to our Legal Team, who will then request a court date. Evictions usually take a total of three weeks from date of the Certified 5-Day notice. This is done at the expense of the tenant.
- Tenants are responsible for any repairs or damage to the home that are caused by them or any guests visiting the home. This excludes “normal” wear and tear.
- Tenants are also responsible for any HOA Violations.
- We will register the home with the county of Maricopa as a Rental property and acquire a Tax License with the AZ Dept of Revenue.
- We will collect and pay rental tax monthly.
Tenant Placement Only
If you are just looking for help finding tenants, Regal Elite can do that for you.
- One-time placement fee of $500
- $500 placement fee pays for advertising expenses and leasing agent’s commission.
CONTACT REGAL ELITE REALTY TODAY
To learn more about our property management services, contact Louise at Regal Elite Realty today. Call 602-510-8335 or email louise@regaleliterealty.com.