MRV Group LLC offers a wide range of Property Management Services which includes:

Inspections

  • Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.

  • Send owner periodic reports on the condition of the property.

Legal

  • Advise in the event of a legal dispute or litigation.

  • Refer owner to a qualified attorney when necessary.

  • Understand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.

Financial

  • 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, Repairs, and Remodeling

  • Provide and oversee an in-house maintenance crew
  • Establish a preventative maintenance policy to identify and deal with repair needs
  • Provide an 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 outdoor areas
    • Leaf and snow removal
    • Landscaping
  • 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