EquityTeam

24/7 Maintenance Line, WO oversight and management from our expert Property Services Managers (former inspectors and craftsmen) who advocate for the property’s best interest, ensure requested work is valid, and that any work performed is done well and at below-market pricing. Industry-leading technology allows us to communicate quickly and easily between Owners/Tenants/Managers/Vendors to make repairs in accordance with Owner’s “not-to-exceed” (NTE) amounts.

GUARANTEES (See terms)

1.   Reduced Repairs Guarantee: Save 10% or more off the retail cost of repair work or we’ll credit you the difference PLUS 10% of the difference amount!

Regular inspections help Owners stay connected to the condition of their property, reduce liability, strengthen Owner’s position in security deposit disputes, and keep maintenance costs down over the long term by catching small problems before they become major repairs.

Everything typically needed for a standard eviction in compliance with state law.

Simplify Tenant utility bill mgmt, and significantly reduce Owner’s utility liability and headaches

Bad things can happen to even the most qualified Tenants. Eliminate concerns about a Tenant damaging your property, bankruptcy, divorce, health issues, job loss, economic variables, malicious damage, theft, and more! EquityTeam’s EXCLUSIVE “Protection Plus” (PP) offers complete peace-of-mind that your investment will continue to produce income.

1.   Up to $35,000 in malicious damage

2.   Up to 12 weeks in loss of rent

3.   Up to $4,000 in eviction costs

4.   And more.

GUARANTEES (See terms)

1.   Property Protection Guarantee: We’ll cover Tenant damages

2.   Rent Protection Guarantee: We’ll cover rent payments

3.   Eviction Protection Guarantee: We’ll cover eviction costs

Identifying rent increase opportunities, and the negotiation and coordination of signing a renewal.

Our comprehensive Lease offers many exclusive benefits to the Owner and Property that are only available while the unit is under ET’s management.

GUARANTEES (See terms)

1.   Strongest Owner/Property advocating Lease the law will allow.

2.   Mandatory Tenant-paid liability coverage protects Owner up to $100k.

3.   Filter replacement program (tenant paid) to ensure HVAC systems are properly maintained.

4.   Flexible payment options electronically or at local retailers.

5.   Utility concierge and account management services keep an eye on Tenant-paid utility balances so they don’t become an Owner problem.

6.   24/7 maintenance with industry-leading technology.

Everything needed to quickly procure the most qualified Tenant for the property; from advertising to lease signing, in complete compliance with federal, state, and local laws.

GUARANTEES (See terms)

1.   12 Month Stay Guarantee: Our Tenant will stay for a minimum of 12 months or we’ll prorate the next Placement accordingly.

2.   21 Day or Less Leasing Signing Guarantee: We’ll find a Tenant for your vacancy within 21 days or we’ll credit the Management Fee until we do.

Rent Collection, Transparent Accounting, ACH Owner Draws, Dedicated Expert Property Manager Primary Point-of-Contact, Strong Tenant Management and Lease Enforcement, Owner-aligned pricing model

GUARANTEES (See terms)

1.   90 Day Satisfaction Guarantee: If either party wants to cancel within the first 90 days, we’ll refund ALL paid Onboarding, and Management Charges.

2.   Pet Damage Guarantee: We’ll cover pet-related damages up to $2000

3.   24 Hour Response Guarantee: We’ll return your call or email within 24 business hours, or we will credit your account $25

4.   Accounting Accuracy Guarantee: If we make an accounting error, we’ll fix it and credit you 10% of the error difference.

A Tenant’s Guide to Frozen Pipes

Well, tenants, it’s that time of year again. Temperatures are falling below freezing. If you listen to the news, we keep hearing terms like “polar vortex” and “frigid temperatures”. Aside from meaning that you need to bundle up when you go outside, what other things should you consider? As temperatures go below freezing – especially when we have extended periods of time where temperatures are in the single digits or the teens, it can lead to problems inside your home or apartment such as frozen pipes.

Did you know that the normal pressure in a water line is usually between 40-60 PSI? When water freezes inside that same water line, pressures can increase to over 40,000 PSI because water has the unusual property of expanding as it freezes, as compared to most materials that contract when they get colder. This will cause water lines to split. Believe it or not, it isn’t the ice that causes the damage inside the house – it is when the ice thaws and allows the water to flow again. Aside from the inconvenience of having all of your possessions soaked with water, it can cause unbelievable amounts of damage to the property itself. This is NOT something you want to deal with. So what can tenants do to help prevent damage to their rental property?

Insurance companies, like State Farm and Allstate offer recommendations, such as:

  • Keep your heat on, especially if you plan on being away from the house for a time (even if just going to work). Keeping the heat set to at least 65 degrees is a good idea.
  • When it is extremely cold outside (single digits) it is a good idea to keep faucets dripping in a constant stream of water – this helps relieve pressure inside the lines and can help keep them from splitting. If you have a double handle faucet, open both hot and cold slightly. If you have a single-handle faucet, open it at the warm position (usually in the middle)
  • Open door to all your rooms to allow warm air to circulate.
  • Open doors to your sink base and vanity cabinets. This allows warm air to circulate around the pipes
  • Ensure all exterior doors and windows are shut properly and windows are locked (this helps seal them to prevent drafts – which has the added benefit of helping with your heating bill)
  • If you have a room that is usually colder, you can set up a fan to move warmer air to that room
  • Make sure you know where the main water shut off valve is in case of emergency

Some other recommendations would include making sure outside hose bibs are turned off inside the house and the outside faucet is open (assuming there is a shut off inside the house). This is something you may wish to consult a maintenance person about because some types of hose bibs are “frost-proof” and are already protected. And for pipes that seem to freeze no matter what you do, you can wrap them with heat tape, such as can be commonly found at places like Home Depot and Lowes. Lastly, seal up any cracks or any areas that are a source of drafts.

Remember – its cold outside. Stay warm and stay safe.

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