Managing your own rental property comes with a lot of responsibilities, one of them being finding quality vendors. Choosing the right vendors is a crucial part of managing your property.  You will need to hire vendors for a variety of services like painting, plumbing, electrical, landscaping, equipment repairs, exterminating, pool maintenance, and more. Vendors are going to be in your home making repairs, so they have to be reliable and they have to be excellent at what they do. It is never a good idea to choose a vendor based strictly on price. In the long run, you might end up paying a higher price if they don’t get the job done right. The vendor selection process is much more complex than just hiring someone you know or someone you find online because if things go wrong you can have some serious legal and financial risks. There are so many companies and contractors providing maintenance and services that it can be overwhelming, but we are going to give you a couple of tips to find a quality vendor.

 

So how do you choose?

It might be tempting to hire someone from the street for $10 an hour to get your water heater fixed, but the wrong vendor can become a huge problem so take your time in order to find the correct one. You can ask your friends and family for recommendations, but don’t forget to also do some research online and create a list of potential vendors. The first thing you need to check is that the vendor is properly licensed, bonded and insured. Why is this so important? If something goes wrong or the vendor hurts himself on the job you may be held legally accountable and this will cost you a lot of money. Once you have a list of potential vendors, look them up on Google or Yelp and read the reviews. Ask for referrals and look for experienced vendors with a proven track record. Try to look for vendors that are available on nights and weekends because unfortunately, most property emergencies don’t happen during business hours.

 

Create a vendor list and compare them. We have created a couple of questions that will help you compare:

 

  • Are they licensed and insured? ( Ask for the license number, certifications & insurance limits)
  • How long have they been in business?
  • What type of services do they offer?
  • How long it will take to deliver the service?
  • What hours or days are they available?
  • What is their hourly rate?
  • Can they provide business references?
  • Ratings

 

The last thing is to create a contract. We would highly suggest hiring a professional to do the contract that way they can take care of the legal side and create a contract that can meet your needs and protect you. Build a team of vendors, contractors and companies that will help you maintain your property.

 

If finding good vendors is becoming a nightmare, a property management company can help with. At CRM Properties we have the experience, tools, and resources to effectively manage your property. Vendors will never be a problem. We use vendors that have an excellent reputation and that provide a high-quality service.  We have long-standing relationships with our trusted vendors so we will effectively handle the myriad of details and responsibilities that come with vendors. If you have any questions or need more information, please do not hesitate to contact us at (765) 459-8034

 

Bethan Johnson

Turn Coordinator

Bethan is a Property Manager Assistant. She performs all property inspection and evaluations, creates tenant invoices and oversees disposition of security deposits.

Why choose CRM Properties?

We have the best selection of homes in the Kokomo area. Our staff’s dedication to customer service leads to a swift response to maintenance and tenant questions.

 

What is your screening process?

We verify income with copies of pay stubs and verification from your employer. We check court records for any judgments and criminal activity. We also contact your previous landlords directly for a referral. We will verify that the person we call is actually your landlord.

 

Are pets allowed?

Most homes allow pets. We do have breed and size restrictions. We limit the number of allowed pets and you must provide proof of vaccinations on all pets. We charge an additional $25 per month and $150 additional deposit.

 

How much is the damage deposit?

The damage deposit is equal to one month’s rent. An additional $150 is required for all pets.

 

How long of a lease must I sign?

Our leases are typically one year. During winter months we structure our leases to expire during the spring.

 

How do I pay my rent?

You can pay rent in person with a personal check, cashier’s check or money order. You may set up an e-payment or direct deposit. You may also mail your rent or use our dropbox.

 

What happens if I can’t pay my rent on time?

We do not make arrangements on rent. Rent is due on the 1st of each month. Late fees start on the 5th. If we do not receive rent by the 15th we file an eviction. You may stop the eviction if you pay rent in full prior to the eviction date.

 

How are utilities handled?

Utilities are typically the tenant’s responsibility. Utilities must be transferred into the tenants name prior to signing the lease. If the tenant is responsible for the sanitation bill and fails to pay it, we reserve the right to increase the monthly rent and include sanitation in the rent.

 

What do I do if I have a maintenance request?

Why choose CRM Properties?

 

What do you charge?

 

When do I get paid?

 

How much is the damage deposit?

 

How long will it take to get my property rented?

 

How do you market my property?

 

What is your approval process for tenants?

 

What is the tenant deposit and length of lease?

 

Do you accept pets?

 

What is the eviction process?

Amanda Mendenhall

Leasing Agent

Amanda is our Leasing Agent. She oversees property showings and screens applicants.

Bethany Shoffner

Portfolio Manager

Bethany is one of our Property Managers. She is the single point of contact for owners and oversees the tenant experience.

Hannah Dobbins

Resident Service Coordinator

Julie Mullinax

Operations Manager

Julie is our Operations Manager. She oversees the staff and the day to day operations of our company.

Heather Johnson

Property Manager

Heather is one of our Property Managers. She is the single point of contact for owners and oversees the tenant experience

Jennifer Koenig

Resident Services Coordinator

Jennifer is our Office Assistant. She assists the Property Managers with all property and social media marketing.

Amanda Marshall

Maintenance Coordinator

Theresa Cain-Rush

Property Management Assistant

Darin Olson

Maintenance Manager

Darin is our Maintenance Manager. He investigates maintenance issues and offers suggestions and estimates for repairs.

Lynda Simpson

Bookkeeper

Lynda is our Bookkeeper. She handles all accounts payable and receivables. She also coordinates all owner and tenant billing.

Chris Mullinax

Broker Owner & New Business Development

As President and Owner of CRM Properties Chris helps generate new business and works on making sure the business is compliant with all local, state and national laws and ordinances.

Call us at (765) 459-8034 during business hours.

We guarantee that a team member will be on the other end to answer any questions you may have.

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