Accounting Services

We have a great software system that helps us track your income, expenses, and much more. We will make sure that you are never left wondering what’s going on financially with your properties.

• Accounts Payable – we can show you exactly where your money goes each month
• Accounts Receivable – we have constant contact with any tenants who get behind, but most importantly, we screen them to make sure we have solid, reliable tenants.
• Security Deposits – collect and prepare disbursements, hold deposit in trust account
• Monthly Income and Expense Statements – each month you will have a complete breakdown of your properties and units

Leasing

• Applicant Screening – unreliable and risky tenants cost a lot of money and time! We work to avoid that by screening all tenants thoroughly by completing credit checks, background check, income verification, landlord reference.
• Enforce Rules and Regulations – we understand if you don’t want smoking or pets in your building
• Inspections – completed at move-in, move-out, and yearly
• Process evictions when necessary

Market Analysis

• Analyze comparable market rents
• Determine the availability of similar space
• Establish market concessions/amenities
• Compare market rents annually and implement increases in rents accordingly

Tenant Relations

We put our resident’s requests at the top of our list. We feel a happy tenant is one we will keep for years. We have great, friendly relationships with the tenants while also enforcing rules.

• Maintain regular communication with residents
• Process all maintenance requests
• Yearly inspections
• Counsel residents as needed

Property Management Fee Schedule

Thank you for your interest in MECA Realty. The following information details our property management fees and requirements:

• Management Fee – 9% of the monthly rental rate.
• Lease-up Fee – 50% of the month’s rent, is due and payable each time a new tenant is placed at the property.
• Accounting Fee – $10 per month accounting fee per unit.
• Cancellation Fee – If within the first six months of management, the owner chooses to cancel, a $250 cancellation fee will apply.

*We require $350 paid at the time of signing which is deposited into your account and credited toward any future fees, for example, lease-up fees, accounting fees, etc.

Miscellaneous Marketing

• Signage – We place a MECA Realty For Lease sign at all properties where applicable. Yard and window signs are available. This is one of our most powerful marketing tools!
• Lock Boxes – We put a lock box on most properties for Realtor showing purposes. This makes the process easy and convenient for Realtors!
• Interior Photos – We keep updated interior photos of all properties to use in our online advertising.