Crest Premier Properties is a Phoenix based real estate Company that specializes in the leasing and managing of residential single family homes.  This is a full-service management firm that offers tenant placement, credit screening, maintenance, property inspections, collections, evictions and monthly financial reporting.

Vision

To establish lasting partnerships with a cadre of proud property owners with properties that are occupied by happy residents who call their rental units home.

Services Offered

1. Tenant screening
2.  Comparable Market Analysis
3.  Property rehab
4.  Property maintenance
5.  Property inspections
6.  Source, purchase and install appliances
7.  Monthly income and expenditure statements
8.  Annual 1099 statements
9.  Direct deposit of owners rental income
10.  Payment of property taxes, mortgages and utility bills.
11.  Active resolution of HOA violations
12.  Strict adherence to Arizona Landlord and Tenant Act

Our Fees

1.  No Up Front Fees
2.  Flat 10 percent management fee for first unit
3.  Flat 8 percent management fee for two or more units
4.  No management fee for vacant units
5.  No fees for statements, stationary or 1099

Marketing Costs

1. Standard marketing on our website and yard sign is free
2. There is a 3% co-broke for listing  units on the Arizona Multiple Listing 
3. Standard marketing on our website and yard sign is free

Tenant Selection

Tenants apply for properties online, through the office or with a cooperating broker. Applicants are screened for criminal history, credit history, rental history and income.

1. Crest do not rent to individuals who have had a felony less than 5 year
2. Crest do not rent to registered sex offenders
3. Crest do not rent applicants whose gross income is less than three times the monthly rental

Contracting/Lease Agreement

1. Tenants pay directly to Crest a non- refundable application fee of $35 per adult. This is used to cover part of the cost associated with processing the application.
2. All tenants pay a non-refundable deposit of one months rent
3. Tenants pay rent in advance. Rent is due on the first of the month and must be received no later than the fourth day
4. When pets are allowed by the owner, a tenant is required to pay a refundable pet deposit
5. Crest uses the Arizona Association of Realtors lease agreement
6. All tenants are required to sign a lease of no less than 6 months

Move in

At move in, tenants are provided with a move in inspection checklist. This is completed and return within five days by the tenant. This checklist is not a work order but is used as the basis for the move out inspection

Property inspections

1. Properties are inspected prior to tenant move in
2. A second inspection is done 3 months into the lease
3. A third inspection done at tenant move out
4. Regular drive by to check on exterior of property may trigger need for additional inspections

Lease Renewals

1. All tenants are required to sign a lease for no less than 6 months
2. Tenants are reminded of lease maturity 3 months in advance
3. After first year of leasing tenants may choose to renew their leases or rent month to month
4. Tenants must indicate their option to renew or terminate 30 days before lease ending
5. During the final 30 days of lease tenants are required to make the property available for        showing
6. Owners are not charge a lease renewal fee when tenants renew their contracts

Property Maintenance

Crest has an in house property maintenance team - Flex  Property Services

1. Owners can choose to provide their own maintenance services
2. Crest works with over 30 vendors to provide selected services ranging from carpet cleaning to  AC replacement
3. Repairs that exceed $300 require the owners approval
4. With full co-operation from owners vacant units can be turned within 7 days
5. Entry locks are routinely rekeyed after each tenant moves out
6. For a nominal fee Crest will undertake major rehab to units
7. Crest provide owners with estimates to undertake major repairs to make investment properties ' Rent Ready'

Arizona Residential Landlord and Tenant Act

As a property management company we are responsible for ensuring that the owner and the tenant comply with the Arizona Landlord and Tenant Act (ARLTA). Details of ARLTA can be found online at :

http://www.azsos.gov/public_services/publications/Residential_Landlord_Tenant_Act/Residential.pdf

If a tenant does not pay their rent by the 4^th a pay or vacate notice is sent by certified mail to the tenant the next day. If no rent is received from the tenant by the 15^th, the tenant file is sent to our attorneys. The eviction takes place within 7 - 12 days after the attorney receives the file.