Property Management Services In OKC Home Realty Services

property management services in oklahoma
property management services in Oklahoma

Property Management OKC offers property management services with the following objectives in mind:

  1. Running our business in a way that is ethical, and in full compliance with Federal, State, and local laws and ordinances as they relate to real estate and property management. We try to strike a balance between what’s fair for the owner and the tenant.
  2. Maximizing the income for the owner in a way that is fair for all parties concerned.
  3. Minimize expenses for the owner in a way that is fair to all parties concerned.

Property Management Agreement

In order for OKC Home Realty Service to do property management, we must have a property management agreement in place. You can receive a copy of our property management agreement by contacting our office and making that request. It’s relatively easy to get an agreement going. We just need some simple information to provide property management services. We fill in the form and then send you the agreement for electronic signature.

You can read more about what should be in any property management agreement in this article.

Also here is New Client Process for our property management services.

Rental Collections

OKC Home Realty is responsible for rental collections. When a tenant has not paid their rent by the due date, we open up communication with them to find out what’s going on. It’s our goal to get them back on track as soon as possible.

Payment Systems

We have a wide variety of payment options available to tenants. We have a way to obtain payment online. We can accept credit cards, debit cards, checking, etc. Most tenants love the convenience of our online payment system.

Or, we can accept money orders or personal checks. 

Evictions

If court action is required in order to resolve a delinquent account, OKC Home Realty sends appropriate notices to the tenants. Our eviction attorney takes care of the filings and court appearances. The website has an excellent article on the eviction process in Oklahoma here.

Addressing Tenant Requests

The last thing owners want, in most cases, is for their tenants to call them instead of the property management company when it comes to handling day-to-day concerns. This is why we are the tenant’s point of contact.

We handle tenant requests for items such as maintenance, payment arrangements, requests for housing reference, and move-outs.

Lease Agreements

If our company is taking over the management of a property with tenants, we simply need copies of the lease agreements. In most cases, we don’t need to create a new lease. However, if the lease agreement has expired, it may be worth entering a new lease agreement with the tenant. Get to know more about our Leasing Services.

Lease Renewals

When a lease agreement expires, we can do a lease renewal. We do not charge a fee to the owner for the renewal.

Lease Termination

If the owner wishes to end the lease agreement, and the lease agreement has expired, when can terminate the lease with the tenant?

Tenant Portal

We have a tenant portal through Appfolio that allow tenants to log in and do the following:

  • See their current balance,
  • Submit work order requests, complete with photos or video,
  • Make other types of requests, and
  • Make payments.

Financial

Observing the financial performance of your property and examining the financial statements is one of the most essential tasks for a property management company. The property’s financial performance should be reviewed from time to time.

Bookkeeping Systems

Appfolio keeps the bookkeeping records.

Owner Payment Systems

We obtain a voided check from each new owner that we used to set up a direct deposit. That way, we can deposit the amount that’s owed to the owner each month to that bank account.

Owner Portal

Appfolio has an owner portal. From the portal, the owner can obtain a copy of their itemized monthly statement at any time.

Itemized Reports

We provide our owners with itemized monthly statements. Click here to read an article that summarizes the information in the itemized monthly report.

In addition, we provide year-end reports for owners. These are designed to be reports that can be provided to your tax professional to prepare taxes. Call us for a free consultation.

Also, get to know what makes us different from other property management companies in Oklahoma City.

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