
Advertising is often placed in The Arizona Republic, the Tribune newspapers,
the State Press, the Rental Hot Sheet, and in direct mail. In addition, tenants
are attracted through the Multiple Listing Services, the Internet and flyers to
local Realtors. Approximately half of our properties are rented through a
time-developed network of agent referrals.

One of the most valuable services performed is checking tenants' backgrounds.
Credit, employment, criminal, and financial status are reported through Credit
Agencies. Also, staff members call current and past landlords and
employers for verification of information.

To protect the owner's investment, Action Property Management arranges
inspections of the property before and after the tenant moves in. In addition,
inspections are made during tenancy as needed. Photos and a written report are
arranged, plus each tenant completes a move-in report to insure a proper record
of the property's condition.

To keep owner maintenance costs to a minimum, tenants are directed in the lease
to pay for minor repairs. Also, Action Property Management
provides insured handymen at reduced rates. In addition, licensed
contractors are called to make repairs on major air conditioning, heating,
electrical, and plumbing repairs.

Rent rates are negotiated to the highest possible level depending on market
conditions, quality of the tenant, length of leases, type of property, and the
time of year. Although a tenant may offer a certain rent rate, staff often must
negotiate a higher rate due to the circumstances. Setting proper rental rates
and maintaining a strong marketing effort has allowed us to exceed a 95%
occupancy rate!

Leases and other documents used adhere to the Arizona Landlord-Tenant Act and
clearly explain landlord rights and tenant responsibilities. Although complete
background checks are made, occasionally tenant problems arise. Action Property
Management has its own attorney who often provides free legal advice or
services at a reduced fee.

Rents are sent to the property owner monthly unless an expense prevents mailing
all funds. Since most property owners keep a $400 minimum reserve fund for
expenses in the trust account, tenant deposits are sent to the owner to use
until the tenant moves. Tenants who have not paid their rent by the 5th of the
month are sent a late notice. Although evictions are rare, Action Property
Management will normally arrange the removal of a tenant from the
property in about 30 days should the rent not be paid in a timely
manner.

Property owner checks and computer-generated statements are mailed prior to the
end of every month. An annual end-of-year accounting is provided to each
property owner for tax reporting. Property owners should check with their
accountant to verify the tax advantages when owning rental property. Monthly
rental sales tax reports are arranged for property owners, as most cities in
Arizona require them to be submitted. In addition, other required reports are
prepared for several government agencies.

Action Property Management offers full management services for 8% to 12% of
monies collected from tenants' payable monthly. Most management companies fall
in this same fee range depending on the type of property managed, market
conditions and area. However, the difference in property management firms is
often the quality of services. Action Property Management's company goal is to
provide outstanding service so that any fees paid by the property owner are
normally saved by avoiding longer vacancy times, excess repair costs, and
tenants who have not been checked out completely.
Contrary to some management companies, no start up fee, Realtor referral fee,
leasing commission, releasing commission, flat fee when the property is vacant,
or a fee to arrange maintenance normally exists. If the property owner decides
to sell their property, no sales commission is charged if the property owner
uses another Realtor. In order to avoid any of these "extra" fees, the property
owner is asked to keep the property under management on an annual basis. Should
the property owner request "lease only" services or a shorter management time,
several reasonable fee options are available. Contact Terry Kozell,
terry@actionpm.com
for a free quote on full management or on an alternative service plan!

A Rental Analysis helps determine what the property will rent for on a long or
short-term basis. The analysis normally consists of visiting the property
features, evaluating the property and its neighborhood. Recommendations are
provided regarding repairs, appearance, marketing ideas and a rent range. A
free Rental Analysis can be arranged by contacting Terry Kozell,
terry@actionpm.com
or calling our office 24 hours, 7 days a week at (480) 491-3600. Property
owners are under no obligation to begin management services after a Rental
Analysis is provided.

A Rental Analysis is not always necessary to begin management, however, it can
often answer many questions. Normally, everything that is needed to begin
managing an owner's property can be accomplished in an hour at the property
site or at our office. After a rental analysis and/or discussion is completed,
management can begin immediately once a management or listing agreement is
signed. The property owner usually provides a reserve for our trust account
when management begins. If the owner lives out of town or cannot meet at the
property, we will arrange to take care of all paperwork through the mail or by
fax.