Savvy Realty is a technology-driven real estate company that operates primarily through online platforms. We facilitate a seamless and convenient experience for both tenants and rental owners, offering the following services:

1. Online Tenant Applications: Tenants can easily apply for rentals through our online application process.

2. Online Rental Payments: Rent payments can be made online, providing a hassle-free payment experience.

3. Online Maintenance Reporting: Tenants can report maintenance issues online, streamlining the process for quick resolution.

4. Owner Dashboard: Rental owners have access to a secure online dashboard where they can check the status of their properties and conveniently print their monthly statements.

5. Yearly 1099 Issuance: At the end of the year, we provide rental owners with 1099 forms.

6. Electronic Owner Payments: We facilitate electronic transfers for payments to rental owners, ensuring a swift and secure transfer of funds.

7. Optional Payment Services: Upon request, we also offer services such as payment of GE taxes, property taxes, and association fees on behalf of our rental property owners.

Our commitment to a tech-savvy approach ensures an efficient and modern real estate experience for our clients.

Property Management Activities:

• Operation of residential real estate for the Landload.
• Providing communicational buffering between landlords and tenants.
• Marketing and advertising the properties to be rented.
• Screening andbackground checking of tenants.
• Collecting and accepting rent.
• Answering and addressing ongoing maintenance and maintenance issues.
• Handling accounts and finances or taxrelated to the real estate objects for the Landlord.
• Handling liaison with contractors, banks and insurance agencies.
• Initiating and handling litigations with tenants and others.

Get Property Ready and Determine The Rent

• Document the existing condition of the property - interior and exterior (and with photos)
• Offer recommendations on repairs and cosmetic improvements to maximize rent
• Work with owners to determine the optimal rent
• Perform rent research against recently rented comparables of similar size and type
• Prepare the property for rent
  • Hire professional cleaner to clean up interior if needed
  • Hire professional gardener to clean up landscaping to increase curb appeal if needed
• Install a lock box if owners allowing

Rental Marketing

• Create ads tailored to the property and advertising medium as needed
  • Craigslist
    
  • Military housing website
  • UH off-campus housing website
  • MLS
  • All major real estate websites like Trulia, Hotpads, and Zillow
  • Star-Advertiser if needed
• Cooperate with other realtors and leasing agents
• Accept calls from prospects for questions and viewing requests throughout the week and weekend
• Show rental properties to prospective tenants throughout the week and weekend
• Provide prospective tenants with rental applications
• Collection applications with application fee within the law

Tenant Screening and Selection

• Perform background check to verify identity, income, credit history, and rental history of a prospective tenant
• Choose best qualified tenant using only practices that comply with fair housing laws
• Inform tenants who were turned down
• Prepare and execute leasing agreement and addendum
• Review rental payment terms and required property maintenance with future tenants
• Explain to future tenants Savvy standard addendum and house rules
• Collect security deposit

Tenant Qualification

• Credit score at 650 or above with good payment records, no serious delinquency, and no collection
• Rent should only accounts for 45% or less of total incomes
• Prospective tenants should have a reserve of at least two months' worth of rent
• Data in application must be factual and truthful
• No drug or illegal activities on property

Tenant Move In

• Confirm move in date with owners
• Ensure all agreements have been properly executed
• Perform detailed move in inspection with tenant, take photos of the property, and have tenants sign a report verifying the condition of the property prior to move-in.
• Collect first month rent or partial rent

Rent Collection

• Receive or collect rent
• Remind tenants when rents not received on time
• Assess late payments
• Send out pay-or-quit notices if rents are not received before the grace period ends
• Enforce the collection of late fees (late fees go to owners, no management fees charged to late fees)

Evictions

• File paperwork to initiate and complete unlawful detainer action within the timeline as dictated by local and state laws
• Represent owner in court
• Coordinate with law enforcement to remove tenant and tenants possessions from unit

Legal

• Refer owner to a qualified attorney when necessary
• Cooperate with owners fully in the event of a legal dispute or litigation
• Abide by local, state and federal regulations that apply to renting and maintaining rental properties.

Inspections

• Perform inspections when tenants check out
• Maintain close contact with tenants on condition of the property
• Inform owner periodically on the condition of the property

Monthly Statements

• Provide property management accounting services
• Make certain payments on behalf of owners such as GE taxes, HOA dues, etc.. We do not make mortgage payments for owners.
• Maintain detailed documentation of expenses - invoices and receipts
• Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
• Provide professional monthly cash-flow statements which detail the income and itemized expenses

Tax Services

• Pay GE Taxes (semiannually or quarterly) for owners
• Provide annual report, structured for tax purposes.
• Issue1099's at year end for owners' tax returns
• Advise owner on relevant tax deductions related to their rental property

Maintenance and Repairs

• Provide and oversee property maintenance
• Establish a preventative maintenance checklist to identify and deal with repair needs
• Use only licensed, bonded and fully insured contractors whom we know for reasonable pricing and good services.
• Hire professional gardener to maintain outdoor areas
• Maintain and monitor a 24 hour emergency repair hot-line

Tenant Move Out

• Inspect unit and fill out a report on the property's condition when the client moves out
• Provide tenant with a copy of estimated damages
• Return the balance of the security deposit to the tenants
• Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.
• Hire qualified companies or licensed individuals to clean unit and perform and needed repairs or upgrades
• Put the property back on the market for rent