Services Offered
- Tenant screening
- Comparable Market Analysis
- Property rehab
- Property maintenance
- Property inspections
- Source, purchase and install appliances
- Monthly income and expenditure statements
- Annual 1099 statements
- Direct deposit of owners rental income
- Payment of property taxes, mortgages and utility bills.
- Active resolution of HOA violations
- Strict adherence to Arizona Landlord and Tenant Act
Why work with Crest Premier Properties
Our Fees
- Flat 10 percent management fee for first unit
- Flat 8 percent management fee for two or more units
- No management fee for vacant units
- No fees for statements, stationary or 1099
- $0 ACH
Marketing Costs
Owner pays 3% co broke for marketing of property. This fee is paid by Crest to the leasing agent.
Tenant Selection
Tenants apply for properties online, through the office or with a cooperating broker. Applicants are screened for credit history, rental history and income. Prospective tenants are shown through the property by one of our agent or a cooperating agent. We use an extensive screening process to ensure that your property is rented to a reliable qualified tenant. We screen out tenants with poor rental history and insufficient income.
Contracting/Lease Agreement
- Tenants pay directly to Crest a non- refundable application fee of $40 per adult. This is used to cover part of the cost associated with processing the application.
- Tenants pay rent in advance. Rent is due on the first of the month and must be received no later than the fourth day
- Where the owners allow pets, a tenant is required to pay a refundable pet deposit for each pet
- Crest uses the AAR lease agreement
- All tenants are required to sign a one year lease
Move in
At move in tenants are provided with a move in inspection checklist. This is completed and returned 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 inspection
- Properties are inspected prior to tenant move in
- A second inspection is done 3 months before lease expiration
- A third inspection done at tenant move out
- Regular drive by to check on exterior of property may trigger need for additional inspections
Lease Renewals
- Tenants are reminded of lease maturity 3 months in advance
- After first year of leasing tenants may choose to renew their leases or rent month to month
- Tenants must indicate their option to renew or terminate 30 days before lease ending
- During the final 30 days of lease tenants are required to make the property available for showing
- 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
- Owners can choose to provide their own maintenance services
- Crest works with over 30 vendors to provide selected services ranging from carpet cleaning to AC replacement
- Repairs that exceed $300 require the owners approval
- With full co-operation from owners vacant units can be turned within 7 days
- Entry locks are routinely re keyed after each tenant moves out
- 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 :
If a tenant does not pay their rent by the 4th 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 15th, the tenant file is sent to our attorneys. The eviction takes place within 7 – 12 days after the attorney receives the file.
Contact Us Today For Your
FREE RENTAL ANALYSIS
(Property Owners Only)