Property Management in Birmingham AL
Birmingham Home Leasing provides residential leasing and management services to Owners of single family detached dwellings, with at least 2 bedrooms and 2 full bathrooms, in our service area, which is an approximate 10 mile radius from our office, which is located at 4000 Eagle Point Corporate Drive, Suite 240, Birmingham, AL 35242. Potential rental properties must be appraised by us to lease for at least $1,500 per month and be in excellent condition.
Most Competitive Leasing & Management Service Pricing
Birmingham Home Leasing will place a Tenant for a fee equal to 50% of the first month’s rent and provide Monthly Management for as little as 2.5% of the rental rate per month. To the best of our knowledge, we are currently advertising the lowest pricing for Leasing and Management Service in the Birmingham Metro Area. After having said that, we strongly recommend that you check with each of our competitors for the most up to date information.
For more details on our Leasing Service and Management Services, please go to our Leasing & Property Management Services page.
We specialize in placing Tenants with high Credit Scores. Applicants must have at least a 700 FICO® Score 8 Three Bureau Average and document at least a 4 to 1 Income to Rent Ratio to be approved for a Lease. Since Birmingham Home Leasing began in 2014, we’ve leased residential property in excess of $110 Million in value without an eviction. Since the CARES Act was signed into law on March 27, 2020, we have received zero requests for rent forbearance.
The current demand for single family detached rental properties in excellent condition exceeds supply. In 2020, the average Tenant that we placed had a FICO Score of 769. In our experience, it is not possible to find Tenants with high credit scores who are willing to rent properties in less than excellent condition.
In order to attract a Tenant with a high credit score, the property needs to be in excellent condition and priced competitively.
The following is set forth as a definition of what excellent condition is for specific areas of the rental property.
- Interior walls are new and/or have recently been repainted or touched up by a professional. Interior walls cannot have tv mounts installed, anchor bolts, holes of any kind that need to be repaired, touched up or repainted. Any visible scuff marks are able to be cleaned without repainting.
- Carpet does not have worn spots or stains that cannot be removed. In addition, the carpets do not need to be stretched and/or seams need to be repaired. Carpet is new or able to be effectively cleaned.
- Floors have no stains or breaches in the finish.
- Roof and exterior walls must be in excellent condition. Lawn and landscaping must be in excellent condition.