Prospective Owner Information
Below is helpful information regarding the management or leasing services for your home, condo/townhouse, Duplex or ADU
Do I need a Professional Property Manager?
Hiring a professional property manager simplifies the complexities of owning a rental property. From tenant screening and maintenance to ensuring legal compliance, they take care of the daily tasks, so you don’t have to. With their expertise, they protect your investment, reduce risks, and keep everything running efficiently — allowing you to enjoy peace of mind and more free time. All at a reasonable cost.
Why Choose Davis Property Management?
Care
Locally owned and committed to personalized service, proactive management, thoroughly vetted tenants, quality maintenance, and protecting your investment.
Communication
Dedicated and licensed Property Manager, 24/7 online access, consistent reporting, and prompt responsiveness.
Cost
Transparent pricing with no hidden fees or vendor markups, plus strategic investment guidance backed by local market expertise.
What services work best for me?
Full Service Management
A hands-off experience with a premier property management firm from beginning to end.
- Leasing: Comprehensive leasing services (see Lease Only details).
- Legal Knowledge & Support: Experienced agents backed by real estate legal professionals, ready to assist with any situation
- Rent Collection & Lease Enforcement: Collection of rent and enforcement of all lease terms.
- Convenient Payment Options: Direct debit for tenant rent payments and direct deposit/ACH to the owner’s account.
- Emergency Maintenance Support: 24-hour on-call emergency service.
- Vendor Management: Coordination with local, licensed, insured, and long-standing trusted vendors, including monthly bill payment with no markup.
- Financial Reporting: Detailed month-end and year-end accounting statements.
- Inspections: Annual interior inspections and thorough move-out inspections with photos.
- Security Deposit Management: Settlement of security deposits under the law.
- Fees: Management fees vary based on the property needs and your goals while being competitive. We take pride in having no hidden fees, whether a start-up fee or a vendor/work order markup.
Lease Only
Expert marketing and tenant placement with a desire to self-manage your tenants.
- Our Fees: Pricing varies based on the property, but our standard fee is a percentage of one month’s rent.
- Rental Assessment: Complimentary evaluation of your property.
- Marketing: Advertising and showing your home to prospective tenants.
- Tenant Screening: Comprehensive background checks and thorough screening.
- Lease Management: Negotiation and preparation of lease documents.
- Move-In Inspection: Detailed inspection with photos for documentation.
- Accounting & Documentation: Complete financial records and full transaction documentation.
Frequently Asked Questions from Prospective Owners
How do you get paid, and when will I receive my payment?
Davis Property Management operates on a 100% commission basis, meaning we only get paid when the tenant pays. We do not charge setup fees, hidden fees, or vendor markups.
As a property owner, you will receive your payment in the same month the tenant pays, typically by the 15th. There are no upfront setup costs or requirements for a new bank account—simply sign the contract and complete the property input sheet, and we’ll take care of the rest.
How soon can you start?
We can start managing your property immediately, no matter the time of month. Once the contract is signed and we have the necessary property details, tax and banking information, and access, we’re ready to get started right away.
How am I legally protected in cases of tenant non-payment, excessive damage, or evictions?
At Davis Property Management, we have extensive experience handling challenging tenant situations—we’ve seen it all. Our team knows how to navigate these issues effectively and when to involve legal professionals. Additionally, all tenant notices and communications we issue are reviewed by our legal team to ensure compliance with state, county, and city regulations, keeping you protected every step of the way.
What You Need To Get Started…
- Signed Owner’s Contract (sent from your Property Manager)
- Input Sheet with your information:
- Name, phone, address
- Bank information or blank check
- Property details
- LLC, if applicable
- W-9
Additional Resources
Please find some additional resources for your review:
- Quarterly Rental Market Statistics (PDF)
- Understanding the difference between Wear & Tear and Damages (PDF)
- Renting to Pet Owners (PDF)
- Smoke Alarm/Co2 Advisement (PDF)
- Fair Housing (PDF)
- The Law of Real Estate Agency (PDF)
- Example Rent Analysis (PDF)
- Sample Move-in and Move-out form (PDF)
- Owner Onboard Sheet (PDF)
- DPM brochure (PDF)
- Additional FAQ’s