Introduction:

Bullock Management Group, Inc. has been in the residential property management business for nearly twenty years. Family owned and operated since its inception, you can rest assured that your property will be treated as our property. We strive to maximize the return on your investment while providing quality housing to our tenants and excellent service to both tenants and owners.

Management Fees:

Please contact us for Management Information Package.

Advertising:

We advertise on several different web sites. All advertising will be billed to owner at a rate between $40 and $60 per month. As needed, we also use the Atlanta Journal Constitution. This cost fluctuates since we attempt to advertise other properties with yours at the same time, thereby reducing the cost to each owner. There are several other avenues by which you can advertise. We leave it up to you if you wish us to use another site at your expense. We also provide professional yard signs to the property where allowed.

Initial Property Inspection:

Once a management agreement, keys and the escrow deposit are obtained, we will schedule to go out to the property and perform the initial inspection. During this time, we will evaluate the condition, appearance and overall readiness for showing to prospective tenants. We will make a list of necessary items that need attention as well as an estimate of the cost. It is our goal to have a property ready for move-in upon showing to applicants. This benefits you and the new tenant in the long run. The yard sign will be placed and advertising will begin.

Once the property is inspected, we will set up utilities and lawn care for the time it is vacant unless they are already being handled. It is important to keep up the appearance and power and water for potential tenants viewing the property. You will responsible for these expenses during the vacant period. Gas is not necessary. We will winterize the unit in the winter months.

If attention is needed at the property, funds will have to be provided in advance to cover the costs.

Tenant Screening:

It is our sincere goal to find the best qualified tenant for any property. We utilize a three tier process. First, we verify current rental history and that no tenant has a recent judgment, collection or eviction from a previous landlord. Second, we verify current employment of at least 6 months. Finally, we require a gross income of at least 3 times the rent. We have found that these 3 items provide a sound starting point for qualifying a tenant. In some cases, exceptions are made with additional security deposits. Bullock Management Group, Inc. believes in fair housing laws and does not discriminate.

Lease Agreement:

Bullock Management Group, Inc. uses its own lease. All existing tenants will remain on their current lease until it expires and then will be renewed on the Bullock lease.

Deposits:

All tenants are required to pay a security deposit and separate pet deposit if applicable. There are no exceptions to this requirement! All deposits are held in a separate trust account and not released to the owner or tenant until the final walk through inspection is complete.

Rent Collection:

Rent is due on the 1st of each month. A grace period until the 5th is allowed. If prior arrangements have not been made with management, all non-paid rents will be addressed on the 6th . We use phone calls, emails, property visits and letters to contact the tenants. If contact can not be made, then the Warrant process will begin around the 15th . Owner statements are mailed on the 15th with rent proceeds or explanations. We make every effort collect rent and reduce turnover by working with tenants when necessary. We have an obligation to collect rent on time and prevent vacancies. We do our best to balance the two.

Legal Action:

It is our mission to attempt to avoid the process of eviction if possible. If the need arises, we will file warrants, appear in court and handle the eviction process from start to finish. Since these are additional expenses to the owner, we make every effort to avoid an eviction. We give every opportunity to the tenant to clear up any unpaid balances.

Maintenance Process:

We take pride in providing reliable maintenance when the need arises. Every effort to reduce cost and provide reliable service is made. There is a 24hr maintenance line on the phone system for emergencies. All maintenance is coordinated through Bullock Management Group, Inc. and not an outside party. We manage the process and the prices. All vendors are licensed and insured. Agents in the office have past experience in the field, so their knowledge is invaluable when it comes to maintenance pricing and quality. Established relationships with vendors have enabled us to have great success in maintaining a property at reasonable prices. Maintenance is the true key to a successful relationship among tenants, owners and management.

Sales:

As with any investment property there may come a time that you consider selling. As a full service real estate brokerage, we can list your property as well. The relationship we have with our tenants may make the transition smoother for all parties involved. Mark Bullock will be happy to discuss further or you can visit his website at www.bullockre.com.

Summary:

Bullock Management Group, Inc. is a hands-on, family owned property Management Company serving the metro area for over 20 years. It is our goal to provide quality service to both our tenants and owners. We would love the opportunity to manage your current or future investment. Please give us a call to discuss further.