Property Management Services

Property Management

This core service ensures that your rental property is managed to the highest standards during the rental cycle. Where most PM firms simply collect rent and oversee maintenance, Echo Summit better serves the owner by conducting frequent detailed inspections with detailed owner reports, and performing routine maintenance that is often neglected. Make sure and visit our blog for the latest in P Mgmt techniques, issues and regulations.

Our property management services include:

• Industry-leading ‘16-touch’ inspection system ensures property maintained as a home (typically 12 physical drive-by's and internal presence 4 times per year)
  
• No Maintenance Markups!  We only hire the best of the best in each maintenance discipline.  We pass our considerable purchasing power straight on to your bottom line... all receipts provided
• Monthly rent collection and late rent enforcement
  
• Detailed monthly management statement
  
• Ongoing communications with owners to notify of property conditions, protection recommendations and other local issues
  
• Rental renewal notices to tenants
  
• Delivery and tracking of Pay or Quit notices when warranted
  
• Manage eviction proceedings if necessary (see video of Sheriff's eviction)
  
• Resident maintenance requests via phone, fax or website
• Assure rental property compliance with applicable local, state and federal laws
• Detailed Resident check-out process, where we hold Resident accountable to high standards for maintenance during their stay

Financial and Reporting

This is also included in our base Property Management service. Echo Summit utilizes the industry’s most advanced property management software to ensure that our owners enjoy the most cutting-edge tools and resources for maximizing ROI. Even with that, software alone is not enough. Our staff of experienced property managers and accounting professionals place a careful human eye on every report, mailing and analysis generated by the systems. We also employ redundant back up systems (including a daily Blowfish-encrypted off-site backup), and a comprehensive disaster recovery plan to ensure operations continuity and data protection.

• Detailed accounting for all rents, expenses and security deposits
  
• All deposits are maintained in a Trust account as required by state real estate regulations
  
• Timely disbursement of funds to owner with detailed monthly statements
• Concise end-of-year statement provided for tax purposes categorizing all income and expenses, plus a Form 1099
  
• Copies of all work orders and receipts are kept on file throughout the year, and are available by request
• Property insurance, tax and mortgage bills can be managed for owner (optional)