Why Homeowners Choose My Place Realty

We offer property management solutions for anyone!

  • Residential
  • Commercial
  • Multi-Family

Owners choose My Place Realty and Management as their full service property manager because we deliver exceptional service to each owner.

  • Management Benefits
  • Investing in Technology
  • Owner Portal

What do we do as your property manager?

  • Market and show your home to potential tenants.
  • Conduct background checks and screen potential tenants.
  • Negotiate all lease terms and recommend monthly rent to charge.
  • Document the condition of your home upon tenant move in.
  • Collect rent; collect any late fees.
  • Manage your home and utilities during periods of vacancy.
  • Provide 24/7 access to your statements of proceeds and expenses.
  • Maintain funds & security deposits in FDIC accounts.
  • Provide you with annual IRS required 1099 forms.
  • Coordinate maintenance with tenants and service technicians.
  • Post rest and possession demands and evict tenants as necessary.
  • Coordinate home improvements requested by tenants and homeowners.

Management Benefits Include:

On-going Communication
It's important that our owners are aware of the status of their property. We'll keep you updated on tenants, vacancies, lease agreements, deposits, maintenance issues, payment, and any other property related things that come up.
Renting at the Right Price
Our licensed Real Estate agents are knowledgeable about the local real estate market and will help you determine the potential monthly market income for your property.
Inspections
Our knowledgeable staff will conduct a walk through inspection of your property at the end of each lease term using a thorough move-out checklist. We verify that all carpets have been cleaned by a professional, unit is clean and move-in ready, paint touch ups have been done right, and missing items and damage are notated and deducted from the former tenant's security deposit. At the same time, we also note preventative maintenance items that may be of interest or concern for the property owner. My Place Realty and Management will perform additional walk-through inspections of properties at the owner's request if the need arises out of suspicion of misconduct or mistreatment of the premises per the terms of the lease agreement.
Shorter Vacancies
Our aggressive marketing techniques include: showings of the property, online MLS listings, social media, and marketing on our own website. These guarantee a property's exposure to the largest market in the shortest time. We are also available most hours of the day to handle calls and emails from potential renters, so our owners don't have to be.
Screening of Quality Clients
We thoroughly screen each prospective tenant for credit, employment, background, and housing history.
Security Deposits Collection
For additional protection, we require a security deposit equal to one month of rent to hold your property by a tenant for a move in date. Applicants with pets (if approved) are required to pay an additional non-refundable pet fee. All deposits are held in a separate escrow account as required by state real estate regulations until they are refunded to the tenant within 30 days of move-out.
Full Service Leasing
We negotiate all terms and prepare leases that ensure protection for our property owners.
Timely Rent Collection
All rent is due on the 1st of each month and is considered late and penalized with a 10% late fee if received after the 5th of the month. Late notices are sent out on the 6th. Our experienced staff handles all collection calls and initiates any removal proceedings if the tenant does not make immediate arrangements for rent payment.
Cost Effective and Reliable Maintenance
We handle all emergencies for the owner. If a heating unit stops working on Christmas Eve, the tenants call us instead of the owner. Timely and competent maintenance is the key to protecting our owners' investments. While some small issues can be resolved to by our in-house maintenance staff, most repairs will be handled by independent third party vendors, or outside contractors, selected for their ability to provide quality service at the best price. Owners reserve the right to schedule and control repair and maintenance responsibilities if they so desire.

Investing in Leading Technology

We invest in advanced technology systems so we can provide you with the best service and manage your properties efficiently and effectively. We have chosen property management and accounting software called AppFolio Property Manager. Some of the benefits that we are able to pass on to you:

We can respond faster and provide better service to both owners and tenants.
We can securely access information about all properties at any time and from anywhere. Sensitive data is securely housed in a state-of-art data center, and backed up regularly and automatically.
Monthly statements can be delivered to your email inbox, saving time and paper.
The statements are easy to read and provide you with a quick snapshot of your property details for the past month.
We address property maintenance issues faster.
We can create electronic work orders and communicate with vendors so we quickly resolve issues.
You will be paid faster and more securely.
We are able to use electronic payments (ACH) to deposit funds directly into your bank account.
We can more effectively market your properties to fill vacancies sooner.
We can quickly and professionally advertise your properties on our Web site, Craigslist, and other Web sites.

Owner Statements Available Online

Did you know that you can now access your owner statements online?

Click here to log into your owner portal.

Benefits

  • Concise statements covering the performance of your property for the previous month
  • All data on your property is stored in a state-of-the-art data center
  • Access information about your property 24/7
  • Access information about your property from anywhere with an internet connection

How it works:

In order to keep your financials secure, we use a state of the art portal system that communicates with your email. Each time you wish to view your reports, you must visit the portal and enter in your email address. You will be emailed a single-use link where you can view your statements. This link does not have a time limit, however, it will only work once.

My Place Realty and Management complies with all aspects of Fair Housing laws and the Tennessee State Landlord/Tenant Act.

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Licensed in Tennessee
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Licensed in Tennessee