Property Management in Birmingham AL

 

Introduction

 

Birmingham Home Leasing offers Property Management in Birmingham AL to Property Owners in South Jefferson and Northern Shelby Counties.  We specialize in placing a Tenant with a high Credit Score and no serious Account Delinquencies.  The average Tenant that we placed in 2018 had a FICO Mortgage Model Credit Score above 734.  As a Property Owner, your greatest insurance against late payments and/or property damage is leasing to a Tenant with a good Credit Score.  Since Birmingham Home Leasing began in 2014, we’ve leased over $89 Million in residential property without a Property Owner ever needing to evict a Tenant.

 

Average Time to Place a Tenant

 

In 2018, the average time it took us to place a Tenant was 37 days after showings began and/or from the time the last adjustment was made to the advertising price.  (Some Owners initially advertise at what they know is above market value and then adjust down to market value later).

 

Explaining How Fees are Charged for Residential Property Management

 

Generally speaking, there are two separate fees that a Property Manager will charge a Home Owner for Property Management Services. Some Property Management Companies combine these fees, so please check with each individual Rental Company for exact details.

Many Rental Management Companies charge what is called a Leasing Fee. This is the fee for providing all the services necessary to find and place a new Tenant. This is also sometimes referred to as a Tenant Placement Fee. When a Manager allows the Property Owner to use their Tenant Placement Service without requiring them to also use their Monthly Property Management Service, this is sometimes referred to as Tenant Placement Only Service (TPO).

Generally speaking, TPO Service Fees range from 50% of the first month’s rent to 100% of the first month’s rent. Again, for exact details, check with each individual Property Management Company. 

After a Tenant is placed, if the Property Owner wants ongoing Rental Property Management, this will many times be a separate monthly charge. According to online articles on this subject, Monthly Management Fees average 8% – 12% of the rental rate. Please check with each individual Home Rental Company for their exact charges on this service. 

 

Birmingham Home Leasing TPO Pricing

 

Birmingham Home Leasing offers three options for Tenant Placement Only (TPO) Service.

 

Birmingham Home Leasing Optional Monthly Management Pricing

Conditions Apply

 

Birmingham Home Leasing serves Property Owners of unfurnished properties (with at least 2 bedrooms and 2 full bathrooms) in selected zip code areas in South Jefferson and North Shelby Counties.  All rental properties to be listed must be in good condition and be appraised by us to rent for at least $1,100 per month.  Other conditions apply for properties 31 years old or older.  (Please note that BirminghamHomeLeasing.com displays rental listings from Cooperating Brokers that may not necessarily meet our listing requirements).

For more details on our Leasing Service and Management Services, please go to our Leasing & Property Management Services page.