Wilder Property Management  208-318-4052


Don't want the stress of managing your own rental property....Hire a professional....  it is worth it !!!!

FREQUENTLY ASKED QUESTIONS FROM PROPERTY OWNERS
IF YOU DON’T SEE YOUR QUESTION ANSWERED?
 CONTACT US!

208-318-4052
wilderpropertymanagement@gmail.com

HOW LONG DOES IT TAKE TO GET MY RENTAL PROPERTY ON THE MARKET?

We can usually go from an email or phone call to online advertising for your rental within a day, once we have a signed management agreement.  A quick phone call, email, or meeting will get the process started!

HOW MUCH DO YOU CHARGE?
7% Typical for Mobile Home Parks TO 10% on Single Family Homes. Depending on what services you need.

DO YOU CHARGE A SET-UP FEE? LEASING FEES? ADVERTISING FEES?
NO

DO YOU CHARGE A MONTHLY MANAGEMENT FEE IF MY PROPERTY IS VACANT?
No! We will never charge you a property management fee during vacant periods!  Of course our goal is to not let any of our rentals be vacant at any time, but this can occur.

WHY SHOULDN'T I MANAGE MY PROPERTY MYSELF?
Lots of owners choose to manage their property themselves and some of them are successful. With the time involved in finding great tenants, collecting rents, arranging repairs and leasing units, most owners have found that their time is more valuable spent elsewhere. A good property manager will make you more money on your investment, not cost you money. Other important considerations are the legal aspects of property management. In the litigious society that we live in, a property owner can ill afford to handle a problem tenant in an incorrect manner. Professional property managers are well versed in landlord tenant law, and are abreast of the constantly changing Federal and State mandates governing them.

WHEN CAN I EXPECT TO GET PAID MY RENT PROCEEDS?

We know how important your rent proceeds are.  For this reason, we want to get your money to you as fast as possible.

Rent proceeds are mailed on or before the 10th day of the month (or on the next business day if the 10th falls on a weekend/holiday).  Your monthly statement is emailed or mailed at the same time.


HOW DO YOU KEEP ME UPDATED ABOUT MY TENANTS AND RENTAL PROPERTY?

Wilder Property Management makes it easy for you to know what is happening with your rentals! We use a variety of communication methods to ensure we maintain our business relationship with our owners. Our commitment is to answer the phone during normal business hours, and if we miss your call, we will call you back within that same business day, or at the beginning of the next business day!

  • Phone

We will contact you on the phone from time-to-time, or as often as needed, but we also know that you have hired us so you don’t have to worry about your property.  As we start to work together, we will have a better understanding of your preferred method of communication. In cases where our owners aren’t accessible by phone, we are also able to use other methods such as text or email.

  • Email

We leverage technology as much as possible.  For this reason, We have mobile devices that allow us to send/respond to email even if we are not in the office.


HOW DO YOU HANDLE EVICTIONS FOR RENTAL PROPERTIES 
Because we do a very thorough job during the pre-screening/screening of our tenants, our eviction rate is extremely low.

But, it’s also important to know that tenants can look great on paper but can still cause problems.

We understand that an empty rental property causes additional stress, so our first approach will always be to collect outstanding rents and coach the tenant to correct any lease violations before considering eviction.  If, in the end, eviction is the smartest business decision, you can rest assured that our staff knows the laws to expedite the process to help get your rental property back on track!


WHAT INFORMATION DO YOU REQUEST FROM A TENANT APPLICANT?

Our background check consists of the following:

  • Credit check
  • Public record search
  • Criminal background check
  • Income verification
  • Employment verification
  • Rental history
  • Reference checking
  • Personal interview
  • Onsite inspection of tenants current residence, if possible

WHAT FACTORS DO YOU CONSIDER WHEN DOING A RENTAL ANALYSIS?

Our strategic approach to marketing your rental property will deliver the results you desire. We consider many factors such as the time of year, the neighborhood, pets vs no pets, as we formulate a viable marketing strategy for your  rental property.

On an ongoing basis, we gather and analyze local and regional market data that directly and indirectly impacts all aspects of your rental property.

Here are just a few of the key market data points we monitor by city, neighborhood and unit type

  • Vacancy rates
  • Rental inventory levels
  • High, average, and low rent prices

WHAT IS YOUR FEE STRUCTURE FOR WILDER RENTAL PROPERTY MANAGEMENT?
Some companies charge you a percentage of the rent price even if the tenant doesn’t pay rent, or if the unit is vacant.  Our philosophy is different….”We don’t get paid if you don’t get paid”.   We will never charge you more than 7% to 12% regardless of the rent price and you are never charged if your unit is vacant or if your tenant doesn’t pay rent!

HOW DO I KNOW YOU WILL SELECT A GOOD TENANT FOR MY PROPERTY?
Our criteria is high when it comes to choosing our residents. Our screening procedure takes into account an applicant's credit history, employment history, stability, and prior rental history. Our thorough background checks result in better qualified, financially stable residents. This in turn creates a lower turn-over factor and premium rents. You are welcome to have final approval on the tenant. Check out the page "Will I Qualify LOOK !!!" on this site

IS THE COST OF PROPERTY MANAGEMENT DEDUCTIBLE?
Yes, the cost of management services are deductible, just like your mortgage interest, property taxes and the cost of repairs.
(See your tax adviser for details.)

WILL I HAVE TO PAY FOR PROPERTY REPAIRS?
Yes, just as you would if you were to manage the property yourself, you are still responsible for maintaining the property. The advantage of allowing the property manager to handle the maintenance issues of your investment property are extensive. We have the capability of negotiating with vendors for discount prices based on volume. These savings are passed directly to the property owner. We also have in-house maintenance for general repairs, you can expect to pay $35 to $50 hr for repairs
And a on call emergency service for those late night repairs that just cannot wait until business hours.

The time and effort involved in running and maintaining a rental property can quickly become overwhelming.

Sometimes you only need help in filling a vacancy, or the thought of being “invisible” to the tenants appeals to others.

Wilder Property Management can maximize rents and income for you; and we will manage the property efficiently, professionally and economically.


For 10% of rents you get Full Monthly Management Service which includes: 


Advertising:

  • Conduct a thorough marketing walkthrough
  • Collaborate with you to ensure your rental is ready to rent
  • Listing description (including amenities/lease terms)
  • Property pictures
  • Video tour
  • Internet listing sites
  • Local/national listing websites
  • Yard Signs (where appropriate/allowed)


Tenant Application Process

  • Pre-screen and meet all Prospective tenants
  • Show your rental property to prospective tenants or use a lockbox
  • Secure tenant’s security deposit prior to move-in
  • Hold security deposit in escrow during lease term if desired
  • Secure signed lease and issue keys to tenants


Lease enforcement

  • Collect monthly rent and all other fees associated with tenancy
  • Enforce all provisions of the lease agreement
  • Attempt to collect late/outstanding tenant balances
  • Manage all other lease Violations
  • Manage the eviction process

Maintenance and trouble-
shooting

  • Provide tenant with 24 hour hotline for repairs emergencies
  • Troubleshoot the issue in an attempt to resolve the issue over the phone.
  • Gather enough information to assess the complexity of the maintenance issue
  • If the repair cost will be below $200. we will execute the repair.
  • Repair charges detailing monthly owner statement
  • If the repair cost exceeds the $200.maintenance limit, we will contact you to discuss the issue.


Accounting

  • Manage and reconcile portfolio and account balance
  • Manage utility payments if needed
  • Send rent proceeds to our owners on the 10th of each month
  • Send monthly owners statements
  • Call Now!!!     208-318-4052 
Thank you for contacting us. We will get back to you as soon as possible
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