Property Manager for Rentals at Applefield, REALTORS

Applefield, REALTORS®

BILLIE ROWE

PROPERTY MANAGER ASSOCIATE
336-667-2255, ext. #223
e-mail: propmanager@wilkes.net

RENTALS
JULY 2010

HOUSES:

PARK RD, Highland Park, 3 BR, 2 BA, w/carport & deck. Reduced $575/mth.
E STREET, near downtown N. Wilkesboro, welcoming large front porch, featuring 4 bedrooms, 2 baths, new downstairs gas heating & air. New paint in downstairs rooms. Refinished hardwood floors. $900/mth.
COLONIAL DRIVE, Large brick ranch home featuring 3 BR, 2BA, w/large master suite. Whirlpool tub, washer & dryer, screen porch. $1050/mth.
FAIRMONT DRIVE, 4BR, 2 BA, Hardwood floors, den w/fireplace. $750/mth.

APARTMENTS:

MORAVIAN PLAZA APTS: 1 BR, 1 BA w/washer & dryer. $375/mth
FAIRMONT ACRES: Mountain View Rd., 3 Duplex Apartments, 2 bedrooms, 1 bath, basement. $475/mth.
LANCE'S COURT TOWNHOMES: CALL FOR "NEW RENTER" INCENTIVE !! 2 BR/1.5 BA, well maintained townhomes. Statesville Rd, Hwy 115, N. Willkesboro.
PARKRIDGE APTS: 1 & 2 BR, 1BA apts, $375 to $435/mth.
TINDALL APTS: 1 BR, 1BA, washer & dryer included. $300-$350/mth.

COMMERCIAL:

D Street, N. Wilkesboro, at end of CVS Bldg. Last available suite!! Ideal for small Insurance or Tax Office. Main entrance w/common waiting area and restrooms. $475/mth.

Rental Information: Tenants
Qualifying Ratios

All figures below by month:
monthly rental rate = monthly income

rental rate = income
$255.00 = $1,020.00
$260.00 = $1,040.00
$270.00 = $1,100.00
$275.00 = $1,100.00
$300.00 = $1,200.00
$325.00 = $1,300.00
$350.00 = $1,400.00
$385.00 = $1,540.00
$400.00 = $1,600.00

$425.00 = $1,700.00
$430.00 = $1,720.00
$450.00 = $1,800.00
$475.00 = $1,900.00
$525.00 = $2,100.00
$550.00 = $2,200.00
$600.00 = $2,400.00
$650.00 = $2,600.00
$750.00 = $3,000.00
$800.00 = $3,200.00

Must have "Satisfactory" credit report with Credit Bureau
Must have had NO previous rental history problems: noise, damages, late rent, etc.
We do not permit co-signers or subletting

AGE REQUIREMENTS:

A person must be at least 18 years of age to enter into a lease agreement with this company.

DEPOSIT/APPLICATION FEE:

Application Fee: $20 per application (Non-Refundable)
Security Deposit: 1 full month rent based on individual apartment or house
Sanitation Fee: One-half of one months rent.
Pet Fee: $200 (non-refundable) maximum of one pet allowed AND only where pre-approved by owners of apartments or houses

APPLEFIELD, REALTORS®
Rental Information: Landlords
Property management Guidelines

*SINGLE FAMILY, MULTI-FAMILY, AND COMMERCIAL PROPERTIES*
*FULLY COMPUTERIZED*
*MEMBER OF CREDIT REPORTING SERVICE (EQUIFAX)*
*MEMBER OF PROPERTY MANAGEMENT DIVISION OF NCAR*

1 SOLICIT AND SECURE TENANTS.

2 QUALIFICATION OF PROSPECTIVE TENANT.

3 PREPARE NCAR (BAR ASSOCIATION APPROVED) LEASE AND EXECUTE LEASE AGREEMENT AND ALL NECESSARY DOCUMENTS.

4 MAKE PROPER DISCLOSURES ON BEHALF OF LANDLORD AS REQUIRED BY STATE AND FEDERAL LAWS.

5 COLLECT RENT, MANAGE AND ENFORCE LEASE.

6 OVERSEE REPAIRS.

7 PAY RECURRING EXPENSES.

8 FULL ACCOUNTING TO LANDLORD FOR COLLECTIONS AND DISBURSEMENTS.

9 ALL FUNDS WILL BE DISBURSED NO LATER THAN THE 15TH OF THE MONTH.

10 1/2 OF 1 FULL MONTH'S RENT AS A ONE TIME INITIAL SET-UP FEE.

11 10% OF GROSS RENT THEREAFTER AS MANAGEMENT FEE.

12 IF MANAGEMENT AGREEMENT IS TERMINATED WITHIN 180 DAYS OF COMMENCEMENT, 1/2 OF 1 FULL MONTH'S RENT IS CHARGED AS A TERMINATION FEE.

13 TENANT IS CHARGED LATE PAYMENT FEE AFTER THE 5TH DAY OF THE MONTH: 5% OR $15.00 FEE WHICHEVER IS GREATER.

14 TENANT IS CHARGED NONSUFFICIENT FUNDS FEE OF $20.00 FOR ANY RETURNED CHECK.

15 WE ASK THAT THE OWNER AUTHORIZE APPLEFIELD TO HANDLE ANY REPAIRS UNDER $100.00. ANY REPAIRS IN EXCESS OF THIS AMOUNT WILL REQUIRE PRIOR AUTHORIZATION FROM THE OWNER.