Addendum B
To Residential Leasing and Property Management Agreement
Review of Services
| Services Provided | 9% Monthly Mgmt Fee (See Addendum A for additional unit discounts) |
|---|---|
| Yard Care Coordination/ Accounts Payable Fee | Additional 1% monthly fee |
| Pre-Listing Consultation with Property Manager | |
| Onboarding fee, move in condition report and professional photography for listing |
$300 ($200 if professional photos are provided with written approval from original source for reuse) |
| Comparative Market Analysis for Your Investment Property | |
| Listing for Lease with Multiple Listing Service sharing with over 300 websites | |
| Property Listed on 3G Properties Group Website | |
| Marketing | |
| Tenant Screening for Credit, Criminal and Eviction History | |
| Lease Preparation | |
| Leasing Fee (new tenant) | 50% of first month’s rent |
| Lease Renewals (existing tenant) | $300 per property renewal |
| Pre-Renewal Price Comps | |
| Move In Condition Report | $130 |
| Monthly Accounting Statement of Income and Expenses. | |
| Annual 1099 Electronically Transmitted to Owner and IRS | |
| Monthly Direct Deposit of Net Income | |
| Oversight of Property During the Lease Term | |
| Vacant properties listed for lease | If a property is vacant for more than 60 days, owner pays a minimum fee of $100 per month until a tenant is approved to occupy by 3G Properties. |
| Owner Reserve ($500 due at time at signing) | $500 for 1st property $250 for each addtl Property $2,500 cap |
| Repair and Renovation Coordination | 5% of invoice This is charged if 3G Properties personnel are required to coordinate or be present for repairs or renovations beyond routine maintenance. |
| Maintenance Coordination/Accounts Payable Fee | $20 per work order |
| Recurring Maintenance Charges (AC Filter change and smoke detector check). Price does not include batteries and/or smoke detectors. On-Site Visits are included during Recurring Maintenance. |
$60-100 quarterly OR $90-120 semi-annually |
| Carrying Cost for Unpaid Landlord Account Balance | 10% of balance due on owner statement |
| 3rd Party Move Out Review | Paid by Tenant at Move Out |
| Fees Related to oversight of Insurance and Legal Matters | $50/hour |
| Utility connect/disconnect fee & city registration | $25 per occurrence |
| Security Deposit Itemization and Refund Per Texas Property Code | |
| Blank | Get Started |
