Sugarland Property Management 

Advertisement of Property:

Tenant Application Processing:

• Sugarland Property Management performs a thorough verification on each applicant, which includes a Credit Check, Employment Verifications, Background checks, and Rental References.

Collecting Rents, Security Deposits, & Pet Deposits:

• All rents are paid by the tenant to Sugarland Property Management by the 3rd of every month. Any expenses are deducted and the remaining proceeds are deposited directly in the owner’s account by the 12th *of the current month! 
• Tenants are required to pay a security deposit equal to one month's rent in most cases.
• These deposits are kept in the trust account so that any tenant deposit refund can be sent in a timely manner at the end of their lease.
• Tenants who have not paid their rent by the 3rd of the month are sent a late notice on the 4th.
• Although evictions are rare, Sugarland Property Management will arrange for the tenant to be removed when necessary using the eviction courts system usually within 45 days. Our late charge policy is strictly enforced.

Property Reviews:

• Are you aware of the condition of your investment throughout the lease? 
• Does your tenant have an unauthorized pet? 
• Are there several unauthorized roommates living in the home? 
• Our property managers performs a review of the condition of the home once management begins, 45 days after each tenant move's in and on an annual basis of a renewal lease.  It is imperative to be aware of the condition of your investment and our property reviews will do just that.

Maintenance and Repair Requests:

• Tenants are required to pay a $75-$100 "repair deductible" for majority of the repairs.  This assists the owner in keeping the maintenance & repair costs at a minimum.  We do waive the repair deductible for the first 2 weeks of the lease.
• Only licensed contractors are called to make repairs on major air conditioning, heating, plumbing and electrical repairs.
• Property owners are notified of any single repair that exceeds $300, except in cases of an emergency.

Negotiating Renewal Leases:

• Renewal leases are negotiated with the owner's best interest in mind.
• Renewal rates are set based on market conditions, quality of the tenant, type and marketability of the property, and time of year.
• Our best tenants are offered renewal rates at just below the market rate proving to the tenants that we would like to keep them "on board" and also proving that it would be in their best interest to renew.
• Handling lease negotiations in this manner has allowed us to maintain a higher than market occupancy rate!

Monthly Management Reports:

• Computer generated reports and rental proceed checks are emailed or mailed to the owners on or before the 12th* of the current month!  
• These monthly reports show all deposits made, expenses paid out, and any owner contributions.
• Rental proceeds can be deposited into your bank account or mailed.
• Also, end of the year reports are sent to all owners for tax purposes.

Let's Get Started:

Additional Services Available:

Sugarland Property Management offers very reasonable management and leasing fees to our clients. Our fee is 6% to 8% of the monthly collected rent.  A leasing fee equal to one month's rent is charged with a much smaller fee for negotiating renewal leases.  Please call us for a rundown of how the fees are calculated.  Please take note that SPM never charges a set-up fee.

*There are some repairs which are not caused by negligence of the tenants that will be paid entirely by the property owner.  Such as air conditioning units, water heaters, etc.  Please review paragraph 18 (C1) of the lease agreement.

*if the 12th falls on a weekend, proceeds will be deposited by the next business day.