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Morgan Properties

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Management needs
Sorry this pro can’t do your job, but we know other pros who can.
Introduction: Well the first reason I like to give is because WE ARE LANDLORDS! We have been landlords for over 15 years in this area, and currently own 20 units of our own! We have made the mistakes, we understand the market and what it takes to rent properties in Indiana. Some other question we are asked are: 1) What is your monthly fee? 9.75% of all monies collected in Madison County 10.75% out of Madison County. 2) What is your sign up fee per unit? 0, YES ZERO! 3) How much do you take of the first months rent when you find me a tenant? We only take our percentage nothing more! NO ADDITIONAL! 4) How much is the advertising fee when they are not rented? 0, YES ZERO! If you house is empty you aren't paying us anything! 5) Do you have a web site and are you in the yellow pages? YES and YES! 6) Does a licensed broker run your office? YES! 7) Since you have a licensed broker is it more important to you to sell or rent houses? We do no selling we fully focus on renting your units! We find most companies that do both are more focused on the selling for the bigger $$ we focus on YOU our customer! 8) Do you have references? YES! 9) Do you have emergency Maintenance? YES! We are contracted through a local maintenance company that carries our pager. Your tenants can page him 24/7 for an emergency and he will respond! Often individual clients require specialized services, tailored to the needs of the particular investment property. We work closely with each owner in order to meet those needs. Each client receives a detailed easy to read monthly computerized statement, showing all receipts and disbursements made to your account through our office. What does the service include? 1. Screening and securing tenants for vacant properties. 2. Collecting rental payments, both current and delinquent. 3. Securing the services of maintenance personnel. 4. 24 hour emergency maintenance service for tenants. 5. Disbursing funds for appropriate expenses. 6. Escrowing taxes & Insurance if needed Do you like the personal touch? Call us talk to our owners! Tom & Tami have been the rentals industry for over 20 years! They own their own and run the office daily! Call us and talk to us about your needs. We want to serve you! Tami & Tom Morgan Morgan Properties
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Reviews
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pro avatar
Whitaker W.
Mar 13, 2014
This is the worst rental company I have had to deal with in my life be warned they don't take care of their properties, you wont get your deposit back, don't waste your time and money improving anything because they will charge you at least double your deposit when you move out!!! Even if the property is in better condition when you move out from your own sweat. I wouldn't have given them 1 star but I had to or this wouldn't post
Morgan Properties's reply
Hi Whitaker! WE manage over 600 units and only have three bad reviews. I'd say were far from the 'worst' company but, to each their own. You're right, you don't get your deposit back if the unit is left damaged, dirty or if rent is owed. Please give me your name and address and I'd be more then happy to go over your move out report/photos. Thank you!
pro avatar
Anon E.
Oct 15, 2014
Tami has all the money in the world to go on vacations but she does less than the bare minimum when it comes to maintenance. She is well aware that the area is a low income area thus she will always have desperate clients willing to eat her polished turds. Maintenance is never timely. You can't paint or do anything to the property. Even the construction men she hires remark at how little she does! She is not in this business for customer satisfaction she is in this for the profit. (As if she doesn't have the money to spare when she owns 20+ properties). You've been warned!
Morgan Properties's reply
Hello Anon E (AKA anonymous) I am unsure what Tami's vacations have to do with this? Tami is successful and has worked hard her whole life so therefore, if she wants to take a vacation, so be it! Repairs do go on without Tami. Yes non-emergency repairs do take longer because we also have emergency repairs that are happening which comes first. Please give me your name and address and I will be more then happy to address your repair concerns. Thanks!
pro avatar
Ryan J.
Jul 28, 2015
Worst rental property you could deal with.. They will take your security deposit no questions asked. Then they will send you a letter for another 600+ dollars of damages that were there when you moved in. MAKE SURE YOU TAKE YOUR OWN PICTURES BEFORE YOU MOVE IN.
Morgan Properties's reply
Hello Ryan J. You are right. Morgan Properties will keep your security deposit no questions asked IF a unit is left damaged, dirty, or rent is owed. Please give me your full name and the address you rented from Morgan Properties and I could post/send you photos of how you left the unit and why your deposit was kept. Thank you!