Ashoka Lion
 
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 Property Management Services Property Management Services

Property management is a specialized resource that we provide to both real estate investors. At its core Property management requires experience with real estate market as well as understanding how to keep track of all the revenues, expense, projects, and personnel in managing your property. Our expertise in financial and bookkeeping services provide an excellent platform for Property management. By combining our resources and personal experience, we can assist you with the management of your property and leave you the time to either enjoy your investments or pursue other opportunities. We provide two basic Property management solutions:
Real Estate Investor Services

Our real estate investor services provide real estate investors affordable solutions for the management of their properties. By combining our resources to handle your bookkeeping, recordkeeping, and real estate management experience, we can provide you with full service capability.
Pricing:
Residential Properties
Monthly Fee will be calculated in the following manner:
1)  Occupied Units – 10% of gross collected revenue (rented units)
2)  1 Month leasing bonus for leasing an empty unit
3)  Major Expenses and Repairs will be billed directly to owner.
Note: Terms are negotiable.
Commercial/ Multifamily Properties
Monthly Fee will be calculated in the following manner:
1) 4% of gross rent
2) 1 Month Leasing Bonus for an empty unit
3) If onsite staffing is required, then we will pass those cost on to you in a fixed fee
Note: Terms are negotiable.
For more pricing information email us at info@ashokalion.com
Services

  1. Rent Collection
    • We collect rent at the first of each month or according to specific leases
    • If tenants fail to pay rent then we take the necessary action
    • Provide online tenant portal for tenants to pay rent
    • Provide tenants deposit cards to make payments at local banks directly (optional)
  2. Tenant Management
    • Should a problem arise, tenants will contact us and we will take any necessary action in a timely manner
    • We provide lists of high quality vendors at an affordable price to get problems fixed
    • We ensure that the properties will remain kept, clean and nice through personal inspection
    • Online Portal to make tenant request and work order
    • Eviction Process (Legal Cost Fee Billed Separately)
  3. Contractor Coordination
    • If problems arise, we will send out contractors to handle the issues on behalf of owners
    • We will make payments on behalf of owners
  4. Coordinate Marketing/Advertising
    • Coordinate with realtors to lease properties using realtor listing services
    • Assist owners with marketing on several online portals
    • Available properties are listed on our site
    • Frequent advertising in local papers
  5. Monthly Reporting Package
    • Online portal provides several reports including: Income statement, Vacancy, and Rent Roll
  6. Budgeting
    • We will seek out estimate for various services to give you a price on items or services requested
  7. Coordinate with your CPA to provide appropriate tax support for your returns
    • With our online reporting system and invoicing, you can provide your CPA all the information needed to file tax returns regarding your properties.
  8. Assist with Property Tax Valuation Disputes
    • We can help coordinate tax protest on property tax valuations.
      *The affiliate is only paid if they are successful in lowering your property tax value (33% of tax savings).
  9. Rental rate analysis and investment property due diligence
    • We will give our owners an assessment of the potential rental market as well as the typical time it takes to rent in that market.
    • We will also inform the owners if there needs to any repairs or improvements made to the property to increase the likelihood of successful rentals.
*Note: We utilize brokerage firms or locators to show vacant units and list on the various local locator/realtor resources when we fill vacancies. When we are presented with candidates, we will run background checks and credit checks prior to leasing out with them. If you are a realtor who would like to be part of our network of leasing agents or our �white label solutions," then please Contact Us.

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1821 Palm St., Suite A Houston, TX 77004 · Office: 832-295-0541 · Fax: 866-466-0319 · info@ashokalion.com