First Street Properties

 

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336-624-6946 | Camel City Carriage Co.

Home Real Estate Services Property Mgt Rental Propert Restoration  Live in Style!


 

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Property Management.   Looking to rent?  Please click here to see our available properties.

Good Tenants, Good Properties, Good Landlords, everybody's happy!

 

Renter Services:

 

Landlord Services:

Live in Style! From owning and renting several properties over the last ten years we have noticed one thing which has (almost) always held true.  The nicer the property is, the better the tenant keeps it, the more we can rent it for and the less problems we have. 

We want to work with Owners who are concerned about their properties, want to keep them properly maintained and want to provide a good home where their tenants can be proud to live. Likewise, we want Tenants who are concerned about where they live, want to help take care of the property and will take pride in where they live.

 

Evaluate the Property.  Evaluate the property to determine rent price based on specifics of the house, location and comparables in the surrounding area.  Evaluate the property based on renovations or updates. I.e. if you updated the kitchen or painted could you get more rent and how long would it take to recoup the expense.  Perform inspection of the property looking for items which need to be repaired immediately or at some point.

Marketing your Property.  The world wide web has quickly become the most used resource for people looking to buy, sell and rent real estate that's why we have chosen to use internet for the majority of our marketing efforts.  We utilize several local housing boards from business and universities in the area as well as classified posting sites like CraigsList as well as our own site.  In our experience, the internet has proven to be a more effective tool when marketing for rentals than yard signs and the newspaper, but we still use these methods when necessary.

Screening Applicants.  Will this person be a 'good' tenant?   Bottom line you want a tenant who will take care of your property and pay the rent on time.  We use three main factors to strengthen our chances at getting a 'good' tenant for your property.  Employment Income, Past rental experience and credit.  We can perform other screens as well like background checks.  We do not discriminate in any way, shape or form.

Leasing.  I love it, where do we sign!  Slow down there are lots of forms we must go over first.  Our application form is short and sweet.  It basically asks for employment, income, rental history, references and permission to check all of these.  All the rest of our forms are the NC forms approved by the real estate board.  We use the Exclusive Property Management form to define the agreement with the owners and the Residential Rental Contract for our renters.  There are also several other forms which will become part of the lease like the Lead Based Paint addendum for homes older than 1978 and the Move In Inspection.

Maintenance.  From the tenants, routine inspections, leasing we're going to find things that need to be maintained.  When we do, you'll be hearing from us.  If it's a small ticket item, $100 dollars or less (this amount is set by you) we'll take care of it and send you pictures, statements, whatever documentation you require.  If it's a more costly item, we'll call you to discuss the problem, then we will get estimates and get it fixed.  From several renovations of our own we have a network of trustworthy, experienced, licensed and insured professionals who can fix just about anything.  *There is a 10% fee charged for negotiating maintenance and/or repairs over the set amount above.

Accounting.  Month to month and year end accounting for all income and expenses is provided by property and account.  You will receive a statement each month outlining all income and expenses to date. Along with a payment reflecting the difference between the rental income less any expenses and our fee.  Payments can be made by check via regular mail or bank draft directly to your account.  You will receive a yearly statement for your tax purposes.

Services and Rates.  All of the items above refer to our typical Property Management service where we are hired to manage the property for the owner on an ongoing basis.  The owner can be as involved as they see fit.  Our rates for this service start at 10% of the monthly rent.  There are no other fees other than maintenance fees discussed above.  This rate is negotiable depending on the circumstances for each client.

We also offer a one time Finders Fee for clients who just need help finding the tenant.  The fee for this service equals one month's rent and is due when the lease is signed.  This includes marketing, showings and assistance with completion of all forms.  We are not part of any of the contracts nor do we screen, check credit or references for this level of service.

 


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First Street Properties' motto is; Live in Style! Call us for information on luxury homes and rental properties in the Triad, NC area, Winston Salem, Greensboro, and High Point. We have on staff a real estate agent and project managers ready to assist you with home restoration, remodeling, computer automation, home theater installation, and relocation. 336-978-1379.  We specialize in turning old run down historic properties into the beautiful treasures they once were.
As brokers with Leonard Ryden Burr Real Estate, we specialize in historic neighborhoods like West End, Ardmore, West Salem, Holly Avenue or anything in downtown Winston Salem.  We are also a very knowledgeable resource for those considering a 'fixer upper'. We can help walk you through the process of finding a home, renovations, tax credits, and craftsman.  Check out our Urban Pioneer program, you'll find lots of information there. Our primary home and rental homes were once in very bad shape.  Check out some before and after photos.  Call today, we would love the opportunity to assist you with buying, selling, rentals, investing, restoration.... 
Send mail to david@first-street.com with questions or comments about this web site.
Copyright © 2000 - 2010 First Street Properties, LLC.
Last modified: June 07, 2010