St. Louis Real Estate Society is a property management company started by investors for investors. One of our core philosophies is that Investing in Real Estate is the best way to grow your wealth. That said, any seasoned pro will tell you proper management of the investment after the purchase is the true secret to keeping your real estate financials on par.
That’s where we come in. With over 25 years of real-world investment and property management experience, we help you maximize short and long-term gains. We create a custom plan that focuses on helping you achieve your investment goals so that owning rental properties can truly be a “set it and forget it” endeavor.
Your Convenience
Our detailed reporting and your 24/7 access to information will leave you feeling confident that your nest egg is in good hands, without us bothering you with daily phone calls.
Online Portal
Through our online management software (Buildium), you’ll have your own account which gives you 24-hour access to information about your units, including “IRS-friendly” financial reports, work orders, inspection results and communication logs.
Monthly Reports
Each month we will send you a report summarizing all of the activity that occurred at your property during the previous month. This will include everything from the status of our leasing activities to the progress on work orders.
Bill Paying
We take care of paying all of your bills for you including utilities, mortgages, insurance, taxes, repairs, etc. You have the flexibility to determine which bills you would like for us to cover and which you would prefer to pay yourself.
Asset Management
Since we are also an experienced Real Estate Investment Brokerage, we help make sure your properties are being managed not only for the highest profits today, but for the highest valuation tomorrow as well.
Budgeting
Want to set aside a portion of your profits each month to cover expenses like property taxes and future improvements so that your portfolio covers its own costs? We can work with you to create a custom escrows and budget to do just that.
Direct Deposit
Once a month, your profits will be deposited electronically into your account so the money is immediately available to you. You can also make any contributions to cover expenses online.
For more info on how our services will manage your needs, check out the Landlord Section of our Property Management Services FAQ (COMING SOON).
Our Management Fees
Monthly Management Fees
Based on a percentage of income collected. If you don’t get paid, we don’t.
Leasing Fees
Fair rates with discounts for higher rent levels and unit quantities.
Maintenance Fees
Flat hourly maintenance fees, no markup on materials, and truly detailed billing.
Your Tenants
Finding, overseeing, and retaining quality tenants is the income lifeblood of any rental investment. Our systems are designed to attract (and keep!) great tenants.
Showing Vacancies
We develop custom marketing strategies for your vacant units in order to maximize the exposure of the unit to the largest pool of potential applicants, as well as handle all tenant inquiries and viewing appointments.
Tenant Screening
We make sure tenants will keep your unit in good shape, and check their previous landlord history. We also handle criminal background checks, credit history, and income/employment checks.
Lease Documents
When the right tenant for your property is found, we’ll handle all of the paperwork on our online custom attorney-approved lease documents site so you don’t have to worry about making yourself available to sign documents.
Rent Collection
We handle collection of all rental income for each unit that you own including any late fees or service charges. This includes following up with tenants, to make sure that they pay.
Tenant Communications
You will never be contacted by a tenant directly nor will we give them your information as we’ll act as your gateway. Through their online portal, your tenants can submit maintenance requests, access their lease, and even pay rent.
Evictions
We have a strict policy regarding delinquent payments. No one likes to have to evict a tenant, but if it happens, we’ll take all the necessary steps, and follow-up with you to keep you informed throughout the process.
For more info on how our services will manage your tenants, check out the Tenant Section of our Property Management Services FAQ (COMING SOON).
Our Management Creditials
Licensed Realtors®
We are a fully licensed Missouri real estate brokerage.
Experienced Managers
Over 25 years of property management experience.
Maintenance Staff
Full-Time dedicated maintenance crew.
Your Property
Keeping expenses down is the key to quality returns. Our maintenance system will help keep your costs managed and in check.
Repairs
Our dedicated full-time maintenance staff can handle most routine work orders we throw at them. For items requiring a specialist, we leverage our existing relations with 3rd-party vendors to get you the best prices and timely service.
Unit Turnover
After a tenant leaves, we paint, clean, and get your unit make-ready for the next tenant. We’ll get the newly vacated unit passed on municipal inspections and turned-over in no time to keep the rental income flowing.
Recurring
Our staff and 3rd-party partners can even handle recurring work such as lawn care, landscaping, snow shoveling and common area cleaning. We utilize our quantity discounts to keep the costs down for you.
Preventative
Too many property managers only visit the property if a tenant reports that something has broken. We will do bi-annual interior and bi-annual interior inspections where we check for problems and hit routine preventive issues.
Emergency
With our monitored 24-hour Emergency Maintenance line, even if a major event occurs in the wee hours of the morning, our maintenance staff will be ready to act to protect your property and tenants.
Action Plans
When we take on a new property to manage, we do a condition inventory at the property and work with you to develop a budget and plan of attack for handling current and future repairs and capital improvements.
For more info on how our services will manage your needs, check out the Landlord Section of our Property Management Services FAQ (COMING SOON).