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Long Term Rental Programs

PMG offers two types of long term rental programs to our clients. If you are purchasing a condominium or home for an investment and wish to receive a specified income from your investment, you might want to consider one of our long term rental programs.

LEASE MANAGEMENT PROGRAM:
On this program, PMG manages your property to the extent of finding the renter, checking their credit, notifying you of a possible tenant, and once you have approved of this tenant, we collect all rental income and handle any problems that may arise during their six month's or year's lease, whichever applies to that particular lease. You will be sent a rental income check on the 15th of each month. Out of the monthly rent, we keep 15% for the management fee. We also require each renter to pay a month's equivalent for a security deposit. We inspect the unit at the end of their lease and if anything needs repair, carpets are excessively dirty and need cleaning, or the unit itself needs extensive cleaning, these things are all deducted from the security deposit and the balance is then refunded to the tenant.

FINDER'S FEE PROGRAM:
On this program, PMG manages your property to the extent of finding the renter, checking their credit, and notifying you of a possible tenant you might consider. If you decide to go with the tenant, our fee would consist of one month's rental income. From then on the tenant would pay their monthly rent directly to you and you would be responsible to handle any problems that may arise from their lease.

If you would like additional information on either of these two programs, please contact us.