Owner Services
The Salt Lake Valley is one of the fastest growing areas in America and a great place to live. Miller & Company Property Management currently manages over 200 quality homes, duplexes, and triplexes. We eliminate the headaches and daily hassles for the property owner with a successful management program and a staff of highly trained professionals.
Successful management of residential property is dependent upon the coordination and working relationship between the Property Manager, Accounts Manager, and the Maintenance Manager. It is vitally important that they compliment, supplement, and support each other in a combined effort to achieve maximum occupancy and maximum income, while protecting the physical integrity of the property. We are well known in the community for the professionalism and expertise of our management team.
Leasing
- Preparation and implementation of advertising and marketing programs, including preparation of flyers, brochures, and letters.
- Canvassing local business firms to assist them in the housing of their employees and developing prospect file cards for future references.
- Staffing professional leasing agents who know the importance of "closing" prospective renters.
- Preparing rental applications with thorough credit verification, past and present landlord verification, employment verification, and a Salt Lake County criminal check.
- Negotiating and executing leases and other forms and following through to ensure all applications complete monetary and contractual commitments.
Advertising
Miller & Company offers a wide range of advertising in which our company participates daily. You reap the benefit of this advertising at no cost to you. We will expose your property to the market place in the following:
- Daily Company Newspaper Advertising
- Harmon Homes
- Homes Illustrated
- Listed with Local Rental Agencies
- Miller & Company Web Site
Reports
- Cash Flow Statement - property number, owner name, projected rent, rent received, late fees received, maintenance, utilities, net cash flow.
- Tenant Ledger - monthly financial activity of tenant - charges, payments, credits, and comment sections.
- Renter File - summary report consisting of tenant name, address, phone number, employer, scheduled rent, lease expiration date, last increase date, and balance owed.
- Security Deposit Report - tenant name, address, security deposit amount, charges against security deposit, credits toward security deposit, and whether security deposit was refunded, forfeited, transferred, etc.
General Ledger
- Trial Balance - current and year-to-date balance.
- Detail Ledger - all cash accounts - debits and credits.
Records and Correspondence
- Maintain all financial records of rents and expense for the rental property.
- Copies of all lease agreements, correspondence, and reports.
- Ensure compliance of lease agreements - from monitoring tenants payments to implementing cost of living increases and inspecting property to ensure proper care is being given to lawn, flower beds, interior, and exterior.
Maintenance
- Take all calls from tenants regarding maintenance problems with the property.
- If repairs needed are within expense limits set by owner the repairs will be done immediately by our highly qualified maintenance personnel. If repairs needed are above expense limit then all bids will be given to the owner for a decision.
- Take care of all emergency calls.
- Express Property Maintenance for all maintenance needs.
- Negotiations with service contractors for larger repairs.
- Full-service brokerage to market the property for the owner.
- In-House Mortgage Company for refinancing and Investment Acquisitions.
