How We Screen Your Rental Applicants
We work hard to find the right tenant for your investment
We strive to get your investment rented quickly, but feel it is important to get the RIGHT tenant versus the FAST tenant! Spending time up front and finding the BEST tenant for your rental creates a good experience all around, versus one that is stressful and frustrating.
Oftentimes people think they just need to do a quick credit check and verify employment but there’s more to it than that. Our high quality tenant screening process digs deeper. We gather extensive information on the following...
- Credit Check
- Debt to income ratios
- Criminal history check
- Employment verification
- Eviction history check
- Previous landlord calls
Our screening process is not just based on a credit score only - we take a comprehensive look at the overall applicant. This process has proven to be extremely successful.
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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.
On-site Management and Roving Managers+
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.