Menlo Park Property Management

We Can Help Manage Your Menlo Park Rental Property

Tenant Application Process

• Perform a background check to verify identity, income, credit history, rental history, contact and speak with current landlord and current employer etc.
• Notify Owner of applicants and include them in the decision making process.

Move In

• Draw up leasing agreement with agreed move in date
• Continue to market until deposit is received at the office.
• Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance. Grant access to Tenant Portal website.
• Ensure all agreements have been properly executed
• Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
• Collect first months rent and proof of renters insurance at move in if not yet received.

Rent collection

• Receiving rent
• Follow up with late payments
• Sending out pay or quit notices
• Enforcing late fees

Annual and Safety Inspections

• Perform annual safety inspections (inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.
• Send owner reports on the condition of the property

Accounting Services

• Provide accounting property management services
• Make payments on behalf of owner (Mortgage, insurance, HOA dues, etc.)
• Detailed documentation of expenses via invoices and receipts
• Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
• Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form
• Advise owner on relevant tax deductions related to their rental property
• Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses

Maintenance, and Upkeep

• Establish a preventative maintenance policy to identify and deal with repair needs
• Provide a network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.
• Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.
• Maintain and Provide Gardening Service (owners expense)
  • Landscaping
• Maintain and monitor a 24 hour emergency repair hot-line
• Larger renovation or rehab projects
  • Provide recommendations on how the project can maximize rental income.
  • Prepare preliminary cost estimates
  • Get multiple independent bids for the work
  • Act as general contractor overseeing the work

Move Out

• Inspect unit and fill out a report on the property's condition when the client moves out
• Provide tenant with a copy as well as estimated damages
• Return the balance of the security deposit to the tenant
• Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs
• Clean unit and perform any needed repairs or upgrades
• Re-key the locks
• Put the property back on the market for rent

Testimonials

• " I only have high praises for Don. He is highly knowledgeable in rental and real estate properties. He was easy to work with. He went out of his way to help me with a rental property and anticipated all of my needs. I find him very efficient. He was easily accessible to work around my busy schedule. "
  - Carl G | Client since 2005

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• " What I like about DWM Properties Inc. is they tend to stay on top of changing trends and technology. Most recently they teamed with a property management system to help them "Go Green". We are seeing this more and more with a number of companies in Silicon Valley and at DWM Properties Inc. not only are they saving resources we can actually see everything regarding our property on one page. The staff at DWM are very helpful and will keep me posted on all activity. I certainly would recommend them. "
  - Craig H | Client since 2004
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Frequently Asked Questions

• Q: Who pays for water, electricity, and gas?

  A: Tenants will transfer the utilities into their name during their tenancy. Typically this includes Water, PG&E, and Garbage, unless stated otherwise by your property manager. In San Jose the garbage bill will need to stay in the owners name so the tenants will pay this fee in addition to the rent to management each month. Gardening and pool service is usually paid for by the owner.
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Menlo Park Area Information

Menlo Park is a city at the eastern edge of San Mateo County, in the San Francisco Bay Area of California, in the United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; Atherton, North Fair Oaks, and Redwood City to the west. Menlo Park is one of the most educated cities in the state of California and the United States, with nearly 70% of its residents having earned a degree. Menlo Park had 32,026 inhabitants according to the 2010 United States Census.

Areas We Service

• Los Gatos
• Saratoga
• Cupertino
• Sunnyvale
• San Jose
• Campbell
• Los Altos
• Palo Alto
• Mountain View
• Woodside
• Atherton
• Los Altos Hills
• Santa Clara
• Almaden
• Willow Glen
• Morgan Hill
• Los Gatos Mountains
• Santa Cruz
• Menlo Park