info@propmanageplus.com540-218-8969

12-month leases

Long-term rental management

Full-service management for unfurnished homes on 12-month leases in Front Royal and Warren County. One rate, charged only on rent we actually collect.

Management fee

Tiered by the number of doors you own. No introductory rate that steps up later.

1 to 4 doors

10%

of rent collected

5 to 10 doors

9%

of rent collected

11 to 24 doors

8%

of rent collected

25+ doors

7%

of rent collected

Included in that rate

  • Onboarding and account setup
  • Rent-ready assessment and market pricing analysis
  • Marketing, photography, and listing syndication
  • Tenant screening: credit, background, and income (applicant-paid)
  • Move-in and move-out inspections with photo reports
  • Rent collection by ACH and card
  • Late-fee pursuit and lease enforcement
  • Routine repair and contractor coordination, with vendor invoices at cost
  • Annual interior and exterior evaluation
  • Owner and resident portals, and a 24/7 maintenance line
  • Monthly owner statements and year-end 1099s
  • Utility transfer coordination at turnover

Leasing fees

New tenant placement
100% of the first month
First tenant for a new client
Re-leasing
50% of one month
Next tenant for an existing client
Lease renewal or extension
$200 flat
Same tenant stays
Maintenance reserve
$1,000 house; $500 unit
Held in your account, refunded on departure

12-month placement guarantee

If a tenant we placed breaks their lease within twelve months, we place the next one at no placement fee to you.

Other ways to rent your home

Questions owners ask

  1. 01What does long-term management cost?

    Ten percent of rent collected for one to four doors, nine percent for five to ten, eight percent for eleven to twenty-four, and seven percent at twenty-five or more. It is charged on rent collected, not rent billed, so a vacant unit costs you nothing in management fees.

  2. 02What does it cost to place a tenant?

    Placing the first tenant for a new client is one month of rent. Placing a later tenant for an existing client is half of one month, and renewing a tenant who stays is a flat $200.

  3. 03What if a tenant you placed leaves early?

    If a tenant we placed and screened breaks their lease within twelve months, we re-market, re-screen, and place the next one at no placement fee to you.

  4. 04When are owner distributions paid?

    Owner’s distributions are typically disbursed by the 15th of the following month by either check or ACH.

  5. 05Do you mark up repairs?

    No. Vendor invoices are billed to you at cost, with no markup. Renovation projects over $2,500 carry a project management fee of 10% of the project.

Want to know what your home would rent for? Call 540-218-8969 or contact us.