D. Basile Real Estate, LLC

Introduction: Company Description: * Property Owners Today's property owner faces the continuous challenge of meeting new requirements and responsibilities in managing their valuable investment property. D. Basile Real Estate, LLC can provide the expert management that your property deserves. As experienced professionals, we can ensure you the maximum net return from your property. * Services offered by D. Basile Real Estate, LLC Here at D. Basile Real Estate, LLC, we can provide many different monthly services for our owners. Listed below are some of the management services D. Basile Real Estate, LLC provides: * Financial Responsibilities • Monitor all income and debit activity from your account, explaining amount received, explanation of debit and income and maintain a monthly running balance. • Create and maintain a computerized summary of your account, displaying incomes and expenses in detail. • Send out a computerized monthly statement to all owners displaying monthly activities and owner funds. • Owners have the option of automatically deducting from their accounts mortgage payments, property taxes, insurance, repairs, and owner funds. * Property Maintenance and Upkeep • Coordinate and dispense all repair work to quality contractors. Work in close connection to all contractors for quality control and efficient follow through. For repairs, monies are deducted from the owners account. For repairs exceeding the $200.00 owners will be notified to receive authorization. • When property is vacated, all small repairs and necessary cleaning is arranged through D. Basile Real Estate. • All rents are collected on a monthly basis by the 4th day of each month. Timely payment is recorded and supervised by the property manager. If needed, our company works in collaboration with eviction services. • Owners have the option of automatically deducting from their accounts mortgage payments, property taxes, insurance, repairs, and owner funds. • D. Basile Real Estate, LLC schedules utilities to be turned on and off for coordinating maintenance and viewing of the property. What is property management? Our objectives in property management are: • To preserve and safeguard the capital asset. • To secure and maintain the greatest net return possible at minimal cost over the life of the asset. • To maintain good working relationships between management, owners and tenants. • To enhance the value of the property through skillful management and well considered improvement. * Activities The activities that D. Basile Real Estate, LLC undertakes to accomplish these broad goals are many and diversified. Listed below are a few services available. • Handle tenant relations and communications. • Coordinate written rental/lease agreements and determine appropriate method and terms of such agreements. • Screen and qualify perspective tenants. • Evaluate property periodically to determine rental value through market surveys. • Review the physical condition of the property and develop maintenance programs. • Rent collection and security deposits maintenance. • Disburse expenses with vouchers through trust account and provide monthly computer generated accounting statements. • Resolve delinquent accounts, including evictions. • Provide real estate services, at your option, should the owner decided to sell. • Control and interface maintenance problems with tenant and maintenance person(s). • Consultations * Fees Fees charged are among the most competitive available and will vary depending on the amount of services you request or require for the management program you feel best suits your needs. We look forward to introducing you to our complete property management services, each diversified enough to best serve your individual needs. * Leasing Guarantee If Tenant has been qualified by Leasing Agent and the Tenant defaults on the original lease term, D. Basile Real Estate will re-lease the premises and waive the leasing fee (as long as default was without Owner approval).