Pricing

Other

Leasing fee: $495

We charge a $495 leasing fee when we place a new tenant. This fee covers our marketing costs.

Tenant Take-Over Fee: $95

This fee is charged to a new owner coming into EBPM that already has an existing tenant. It is always necessary to start from the beginning with that tenant and implement them into our system with a new lease agreement, renters’ insurance, a home walk-through and tenant portal set up.This fee covers these start-up costs.

Additional Inspection Fee: $85

Our management service provides for one annual inspection of the owner’s home. This is where smoke detectors are checked, furnace filters are changed, tenant care is noted, and any deferred maintenance is reported. If additional inspections are requested by the owner and agreed upon by the tenant, the above fee will apply.

Maintenance Over-sight Fee: $20

There are two reasons for this nominal fee:

1. We employ a full time Maintenance Manager who first determines with every maintenance request whose responsibility it is…the owner or the tenant. He is also skilled at assisting tenants in resolving many maintenance issues themselves. i.e. disposal reset, tripped breaker, clogged sink. This saves time and money for our owners.

2. Our vendors (handymen, plumbers, electricians, etc.) all give EBPM a sizable discount on the work they perform at our owner’s properties (20 – 25%). Unlike other property managers, EBPM will always pass this discount straight to the owner.

Lease Renewal Fee: $95

Sixty days prior to lease expiration, we perform a rental analysis to determine if a rent adjustment is required. After that, a notice will then be sent to the tenant preparing them for a lease renewal. Our aim is to sign a new one-year lease. The owner fee for this renewal process is $95.

Annual IRS Compliance Fee: $25

There is an Annual $25 Tax Preparation Fee to cover the costs of administration associated with preparation and electronic delivery of the required IRS form 1099 each year. This fee is collected annually in March.

Court Appearance: $100 per hour

This charge applies to evictions, and/or lawsuits where we are asked to appear in court on behalf of the owner. This includes case, preparation, travel time as well as court time.

First 30 Days Termination Fee: $500

We realize that while rare, there are circumstances that cause an owner to change their mind about renting their property. To cover administrative, advertising, and marketing costs, EBPM will charge the owner $500 if this happens within the first 30 days from the signing of the management agreement.