What We Believe is Essential to Provide for Effective Wichita Property Management:
Each day we strive to:
Act as an extension of your management philosophy and goals. Market your property aggressively by providing a thorough rent evaluation and comprehensive multimedia effort in placement of tenants. Thoroughly qualify prospective renters by utilizing investigative-quality application processing. Provide safe and clean residences for renters. Conduct comprehensive inspections of your Wichita rental property, inside and out. Minimize the day-to-day expenses of management and maintenance by careful and routine property inspections, planning and maintenance scheduling. Be available via round-the-clock for maintenance management. Communicate with the tenants. Promptly collect and account for all funds through timely collection of rent. Generate a monthly Cash Flow report mailed along with the proceeds from that month. Constantly evaluate the rental market to maximize your income. Plan, budget and implement all maintenance and capital improvements. Keep you informed – owner input is encouraged and always welcomed.
PPM works with the best vendors in our markets to bring you the best service at a great price. We focus on completion of cost-effective contract bidding, negotiations and administration. Verification of insurance and bond coverage for all contractors providing services. Implementation of preventative maintenance program and development of an analysis of reserve for replacement needs. Routine property inspections to review property condition and overall curb appeal. Provision of 24-hour a day, seven day a week emergency telephone answering maintenance service.
Renters are obtained through our vast network with other property managers in Wichita, agencies, institutions, through signage, and the Internet. We make every effort to fit the applicant to the property and practice and encourage all fair and equal housing guidelines. We will develop specific signs/banners for your property when appropriate and place them on your property. We work with you on developing a marketing image for regular supportive promotion of your property to the local market and then take care of the details. We maintain an active Referral program with relocation specialists and local real estate agents.
Timely placement of qualified tenants is critical to one’s bottom line. When a 30-day notice is received, we spring into action. You get: Immediate notification, Professional recommendation regarding rent amount, Property showings and every effort is made to minimize the amount of time a rental property remains vacant. We even return calls and show vacancies on weekends, holidays, and in the evening.
Screening & Quality Control
Based on your requirements and our judgment, an investigation of each rental applicant is made and can include any or all of the following: Written application, credit report, criminal background check, previous landlord reference, employment verification and public record search for past evictions. We view tenant selection as our most important function.
Accounting and a detailed accounting of all income and expenses is created monthly using our state of the art software. Reports are posted to your portal that contain copies of work orders, Profit and Loss statements and lease documents. Our online portal allows owners to communicate directly with our offices and get any questions handled quickly and effectively. An “accountant ready” year-end report assists you in filing your taxes along with your 1099 report.
Types of Property We Manage
Multi-family, Townhomes / Patio homes, Lofts, Single Family Residences, Commercial Property
Renters are required to sign a rental agreement which outlines all terms and conditions, as well as the responsibilities of the landlord. A security deposit is collected from the renter and held in a trust account, to help insure performance and to be applied towards the cost of any damages upon move out. Written and photo documentation of the interior and exterior condition at your property is created and maintained. Drive-bys and interior property surveys are made as frequently as possible.