SERVICE FEES

We offer competitive rates. We want to see receive you receive the highest possible return on your investment. Managing from an owner's perspective, we understand that you want someone who is conscious of the expenditures, yet maintains the property to increase its value.

LEASING ASSISTANCE ONLY FEES

Leasing Assistance Only Fees

This includes all marketing, showing property to prospective residents, processing applications (including any necessary background, unlawful detainers, and credit checks), signing leases, collecting security deposits, all property move-in condition reports and necessary move-in tasks. We also handle any required safety inspections.

$400 Signing Fee (Please see description below), plus 100% of 1st months rent minus $400.00 credited from the Signing Fee after 1st months rent is collected.

STANDARD RESIDENTIAL FEES

Management Service Agreement Signing Fee	Due at the time Management Service Agreement is signed. This will be applied to the 1st months rent at the time the property is rented. This is a non-refundable fee. This includes a property evaluation for rental pricing and suggestions and check list to prepare the property for rent.	$400.00
Leasing Fee	This includes all marketing, showing property to prospective residents, processing applications (including any necessary background, unlawful detainers, and credit checks), signing leases, collecting security deposits, all property move-in condition reports and necessary move-in tasks. We also handle any required safety inspections.	100% of 1st months rent minus $400.00 credited from the Signing Fee
Re-Leasing Fee	This fee is for releasing a property currently managed by Garnet Manangement Group	75% of 1st month of new lease
Monthly Management Fee           (Single Family) (Multi Family)	This includes collecting monthly rents, pursuing late payments, provide monthly financial statements to owner, handling all resident relations. Also included is all move-out tasks including move-out condition reports, security deposit refunds. Call for quote.	$100.00/Month Typically 8-10%
Lease Renewal Fee	This is the cost for extending the lease with the current resident.	5% of first months rent of new lease
Vacancy Fee	You do not pay unless the property is rented	$0
Advertising Fee	We cover all normal advertising and marketing costs.	$0
Maintenance	We do not inflate the charges for maintenance. If Garnet Management Group, Inc. employs its contractors, you will be charged $25.00/per hour plus the actual cost of any materials. If an outside contractor is hired, you pay only the actual cost billed by contractor.	Actual Cost for outside contractor services.  $25.00/hour plus material for in house maintenance services.
Management Services	Any services not covered under the normal fees will be billed to owner at the current management service rate.	$25.00/hour
Evictions	We do not charge for our time to file and attend court dates.	Actual Filing Fee Costs
Taking over Management Services currently Managed by another Management Company	If you are currently with another Management Company and the property is currently rented we will waive the Management Signing Fee and the Leasing Fee in lieu of this fee per unit.	$200.00/Unit

PREMIUM SERVICE FEES

All Fees from above apply in addition to the changes below.

Premium Monthly Management Fee

This fee is in addition to the above applicable fees and is charged whether the property is vacant or not. We will take care of paying all of the necessary bills for you including but not limited to mortgage, taxes, utilities, etc. This is for the investor that does not want to be concerned with handling the expenses of the property. Garnet Management Group will assure that your bills are paid in a timely manner and provide you with a monthly statement.

$50.00/month

Service fees are subject to change. If you have signed a contract, the fees stated in the contract are valid through the duration of the contract.