Salem Property Management
Let us manage your Salem rental property
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7 ways the Property Management System of Centurion saves you money:
- Reduced Exposure to Liability
- Reduced Vacancies
- Best Rent Amount in the Least Amount of Time
- In Depth Evaluations and Reporting
- Efficient and Cost Effective Property Maintenance
- Comprehensive Marketing and Advertising Plan for your Property
- Smart use of Industry Leading Technology to Maximize our Management, Minimize Expenses, and Drive Results to your Bottom Line
We begin our management process by gathering information from the property owner followed by a thorough evaluation of the property. One or more qualified staff will evaluate the property, roofs, building structure, common areas, interior units, etc. Our team then works together in evaluating the historical income and expense data on the property along with comparing current leases and rental amounts to the going market rates. We will develop a plan for the short and long term based on your feedback to our evaluation. We understand that no two properties or owners are alike and each property and property owner have differing needs, desires and financial objectives.
Once we commence the management of a property, we immediately send out written notices to tenants informing them that Centurion Real Estate Management, LLC will be the new managing agent. We provide pertinent information to the tenants about our company and process, where to send rent payment and how to submit work orders.
A professional property management company should make you money – not cost you money. We perform this difficult task in many ways. With our knowledge of the current rental market and trends, we can keep rents up and vacancies down. With periodic and thorough property inspections, we can spot problematic issues before they begin, minimizing long term loss in property value and costly major repairs. We are able to reduce costs and increase efficiency through our streamlined processes.
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Centurion Real Estate Management, LLC has a subsidiary maintenance company comprised of an experienced and qualified team of maintenance technicians who are able to respond quickly and professionally to all property maintenance and repair needs. We also have a comprehensive list of outside vendors that we contract with for specific property jobs. We strive to control costs on the property whenever possible. Each property’s expenditures are governed by the management agreement and items that exceed the pre-set limit must be authorized by the owner before work begins.
As is often the case, property management companies rely on resident managers to oversee day-to-day activities of the property. Centurion Real Estate Management, LLC takes this a step further by comprehensive hands-on training with each manager. We utilize an Employee Handbook, created from the ground up with input from numerous individuals with decades of experience in property management. We conduct periodic employee in-service trainings to hone skills and continually improve our processes. For smaller properties, we have roving managers who are directly responsible for property oversight and act as a contact person for the tenants.
Our entire team works incredibly hard to prepare units to re-rent in record time. After a tenant vacates a unit, our goal is to have the unit rent ready within 5 days. Occasionally, it may take longer, and many times, it can be done in much less time. Upon the old tenant moving out; a thorough inspection of the unit is done. We utilize a custom “Turn Packet” that incorporates a checklist and logs work that needs to be accomplished which produces a record sheet for completed work for property owners. Turning of the unit (i.e. preparing the vacant unit to be ready to re-rent) includes: changing the locks or re-keying, any maintenance repairs needed, scheduling the carpets to be cleaned and general cleaning.
We begin advertising the vacant unit as soon as we have a tentative availability date. We then begin screening applicants and do everything possible to pre-rent the unit so that the time the unit is vacant is minimized.
We use numerous mediums of advertising such as yard signs, local free advertising sources, web advertising, newspaper and many more. Over the years we have compiled over a 1000 tips, tactics and strategies to advertise, market and rent units.
We collect rents and deposit all monies into a designated Client’s Trust Account. Rent collection can be very time consuming and stressful for both managers and tenants. Centurion Real Estate Management, LLC streamlines this process by using a Rent Collection flow chart outlining details and helpful tips on collecting rent in a timely manner. We train our managers to be consistent in their communication with tenants and to issue reminders and notices promptly. We also offer many options to our tenants for paying rent such as online, ACH, auto-debit and more.
All income from the property is deposited into a Clients’ Trust Account that is federally insured. These funds are used to pay monthly bills associated with the property such as utilities, vendors, maintenance expenses, monthly property management commission, property mortgage, taxes and insurance. At the end of every month, each account is reconciled and reports are sent out to owners.
Frequent inspections are an important part of our property management services. Centurion does periodic drive-by inspections of the property. If there is a maintenance issues at your property, our staff are trained to keep an eye on problematic situations or issues of concern at the property. We also perform scheduled interior and exterior property evaluations to spot problems early and report our findings back to the property owners.
Salem Area Information
Salem has been selected an All-American City by the Citizen's Forum of Self-Government/National Municipal League not once, but twice.
Conveniently located between the Cascade Mountain Range and the Oregon Coast in the heart of the diverse Willamette Valley, Salem makes a great geographical location with the perks of the states largest city to the north, but without the nuances of a big city. Salem is large enough to have everything you need and want, but small enough to give you that close knit, and safe community that you desire. With local organizations such as Salem Area Chamber Of Commerce and SEDCOR, citizens of Salem can rest assured knowing that the well being of the community is in the caring hands of not just law enforcement, but the people and organizations of Salem.
Here are a few things that make Salem desirable:
- The Salem Area Chamber Of Commerce is nationally recognized as a model for other Chambers of Commerce across the U.S.
- Salem Art Fair and Festival happens every year in July.
- Oregon State Fair that happens yearly at the fairgrounds as well as the Marion County Fair
- Volcanoes Minor League Baseball team