At Summit Leasing Group, we offer two main services: tenant placement (leasing) and property management for single-family residences. Whether you own one single-family home or several, you have two very specific goals in mind: to keep each property consistently filled with reliable tenants and to keep that rental income rolling in. Whatever your situation, rest assured that we are prepared to help with all your home leasing and management needs!
We are mindful of the many moving parts that must work together to enable you to meet your goals, both successfully and continually. From tenant placement to rent collection, from maintenance to evictions, a landlord must constantly balance cash flow, expenses, tenant needs, and legal requirements.
This can be a complicated business if not handled correctly, systematically, reliably, and efficiently. In an industry where many property managers are ill-equipped to handle the diverse demands of the business, Summit Leasing Group is just that—a real solution to the real issues that arise when you need your residential property well-managed.
Notice of Property Condition and Right To Refuse Service
At Summit Leasing Group, we adhere to a standard for all of our single-family residences. During our initial evaluation of the home, we will make necessary recommendations to the owner or help the owner bring the home up to standard and have our trusted vendors perform the necessary work.
What we look for, but not limited to, poor and dangerous landscape conditions, sub-standard or dilapidated exterior conditions, unsanitary conditions, any damages or dilapidated interior conditions, dirty or worn-out paint and carpet, poor system performance, faulty plumbing and electrical systems, worn-out and broken cabinetry, and any California compliance violation codes.
OUR FULL SERVICE DESCRIPTION
If you are an investor or homeowner, we can assist and guide you in the following areas;
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Know your options with bad pre-existing tenants.
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Should you buy and lease a home in the High Desert?
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Guide you to the best area to purchase an investment home in the High Desert.
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Evictions.
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Our tenant screening and selection process.
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Are property management services right for you?
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Tenant placement – lease listing service.
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Our property management service.
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California Tenant/Landlord Laws.
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PROPERTY EVALUATION
Summit Leasing Group will set up an appointment to evaluate your home, determine the best and potential rates, and make rent-ready recommendations.
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RENT MARKET VALUE EVALUATION
We will do thorough research to determine the best and highest rate for your home. The recommended range is mid-range and will lease faster. High-range rates are recommended if you can wait to find a qualified tenant for your home. However, at Summit Leasing Group, we do our best to get the best rate for your home without compromising good, qualified tenants.
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GETTING YOUR HOME READY ASSISTANCE
Before we begin marketing your home, it may be necessary to spend a little time preparing it for rent. At Summit Leasing Group, we are prepared to handle and delegate maintenance, repairs, and cleaning. With a database of qualified, reliable vendors, we’ll get the job done! All vendors will not be paid until we inspect the property to verify that repairs and cleaning were completed correctly. Owners can hire and do the work themselves.
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PHOTOGRAPHY
Once your home is ready, we will photograph and highlight every possible feature, both inside and outside. Composition and quality of images are important to us. We will take the time necessary to best showcase your home.
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MARKET THE PROPERTY
Our home advertisements are 100% online, showcasing your home in multiple premium sites such as Zillow, Trulia, Rent Pads, Lovely, Hot Pads, Yakaz.com, Hunt.com, Oodle, RentNice, Trovit, Realtor, and many more! We ensure your home is successfully advertised and displayed to achieve maximum exposure.
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SHOWING YOUR HOME TO POTENTIAL TENANTS
Our standards for demonstrating procedures have slightly changed in line with DRE & California COVID guidelines. We do conduct preliminary evaluations before showing them to all potential and qualified tenants. -
FULLY SCREENING PROCESS
We thoroughly screened our top three candidates. Our screening process includes;
1. Validate the applicant’s current address, owner, and landlord.
2. Obtain rental history.
3. Verify employment and total household net income.
4. Minimum verifiable income to be 2.75 times the rent.
5. Obtain nationwide evictions and criminal/felony reports.
6. Obtain the applicant’s credit report.
7. Obtain bank statements.
8. Check the applicant’s debt-to-income ratio.
9. Validate any form of valid state identification cards.
10. We use secondary online fact finders to help validate rental application information and other pertinent information.
11. Conduct character evaluation.
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OWNER PARTICIPATION IN TENANT SELECTION
Owners don’t need to be part of the tenant selection process. However, if Owners wish to be included, we will be more than happy to share our evaluation information with you. We may even go a step further by setting a date and time for owners to meet with our top candidates.
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RECEIVE NON-REFUNDABLE HOLD DEPOSIT
Once a tenant is selected, we will ask for a non-refundable hold deposit and place the property off the market. A move-in date and time will be confirmed.
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EXECUTE LEASE AGREEMENT, ADDENDUM, AND DISCLOSURES AND EXCHANGE MONIES FOR KEYS
Establish a move-in date and time; tenants will receive keys upon payment of the move-in cost, in addition to executing the lease agreement, addenda, and disclosures. An early move-in date may be allowed through the owner’s consent – a per diem rate may apply.
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PERFORM MOVE-IN INSPECTION
Summit Leasing Group conducts a pre-move-in inspection with photos to verify the condition of the premises before tenants move in. Primary tenants will be required to inspect the home and validate the condition using our move-in inspection form.
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CLOSING THE TRANSACTION
Summit Leasing Group will deduct any outstanding costs associated with our services, repair, and cleaning balances from the tenant’s rent payments. We will disburse any balance and your closing transaction statement, along with any paid vendor receipts, for your records.
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BEGIN PROPERTY MANAGEMENT DUTIES
See the property management service outline.
Once a tenant is placed, we will commence with managing your property. We offer full-service property management:
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RENT COLLECTION
We will be responsible for collecting the tenant’s rent each month. We are very proactive with tenants who are late, putting a lot of effort into our collection strategy to ensure their payments are made, even if they are late. Tenants who become habitually late are not tolerated and will be handled legally and efficiently.
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RENT DISBURSEMENT
Summit Leasing Group will disburse rent to owners each month between the 6th and 7th. We use an ACH system to you directly from our bank to yours! If you choose not to use our ACH system, we can mail your rent payment in the same timeframe.
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LEGAL NOTICES SERVED
Tenants who breach their lease agreement will be served legally – a 3-day notice to pay or quit, a covenant to correct, a 30-day notice to vacate, or a preliminary eviction notice.
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EVICTIONS AND PRELIMINARY PROCEEDINGS
Summit Leasing Group is prepared to handle any tenant who does not make their rent payment. After a 3-day notice to pay has been served and expired, Summit Leasing Group will commence with eviction proceedings.
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CITY ORDINANCE COMPLIANCE
Any property or tenant not in compliance with the city ordinance will be corrected by Summit Leasing Group.
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CITY LEGAL DWELLING LICENSE REQUIREMENTS
Summit Lease will pay and handle any city legal requirements, such as tenant registration, crime and drugs addendum, and rental dwelling business license requirements. These payables are to be deducted from the tenant’s rent on behalf of the owner.
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FULL ACCOUNTING AND REPORTS
Summit Leasing Group will take care of your accounting requirements and will keep an accurate log of all your income and expenses. Owners will be provided with monthly statements, yearly reports, tax e-schedule, 1099 tax assist, and owners’ yearly 1099. Corporate, Inc., & LLC corporations will be exempt. LLC-Sole Proprietorship will not be exempt from the yearly 1099.
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PAYABLE
Owners do not need to pay any recurring fees, such as tenant placement and lease renewal fees. Summit Leasing Group will automatically pay any expenditures out of our trust fund up to $1,500.00 on the owner’s behalf.
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REPAIR AND MAINTENANCE
We will handle all required or necessary property maintenance and repairs. We have a database of reliable and professional vendors to handle any situation that may arise. Our vendors are our trusted sources for your property, keeping their fees to a minimum or, at the very least, competitive. Any repair request made by tenants will be automatically emailed to the Owner. Owners may choose to have repairs approved before we initiate a work order request to the vendor. However, during an emergency deemed a potential threat to the property or tenants, and if we cannot contact the owners, we will immediately address the problem.
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PROPERTY INSPECTION
Unfortunately, Summit Leasing Group cannot conduct random inspections of the premises due to California Civil Code Section 1954. However, our goal is to minimize excess wear and tear on your home by educating the tenants and visually inspecting through other legal recourses such as emergency entry, repairs, and lease renewal appointments. During lease renewals, this allows us to speak with tenants, evaluate and address any questions or concerns, check for repairs, and ensure compliance with state-mandated requirements. If we believe there are too many discrepancies, we will not renew the lease and take necessary actions. For tenants with a good track record with us, we will allow them to resolve any discrepancies within a given time frame. -
MOLD REMEDIATION
At Summit Leasing Group, we do our best to keep our fees low, which is why mold remediation is considered going beyond our scope of service. We understand mold can occur, but we help reduce the risk by educating tenants to periodically check humidity levels, look for leaks under sinks and on walls, and inspect exterior walls and fixtures for leaks. Sudden, accidental water leaks can occur, and there are many methods to remediate them before mold can begin to grow.
We believe in retaining good tenants for as long as possible. A lease renewal enables us to keep tenants for an additional 1 to 2-year term. In addition, this allows us to fully inspect your home and consult with tenants regarding any issues or concerns. Our lease renewal service includes;
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Schedule a date and time to inspect the home and consult with the tenant.
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Fully inspect the interior and exterior of the home. Check California housing requirements, such as smoke and carbon monoxide detectors, water heaters, and water pressure.
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Make repair or maintenance recommendations.
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Send lease renewal notices to tenants.
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Write up and execute a new lease agreement.
QUESTIONS ABOUT LEASING AND PROPERTY MANAGEMENT?
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