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.

Landlord/Tenant Laws in Ohio

When it comes to rental housing, there are laws in place to protect both the landlord and the tenant. It is important for everyone to know these laws so that they protect their rights as much as possible. These laws have been put in place under the Fair Housing Act and the Fair Credit Reporting Act. There are several laws in these acts that everyone should note.

Discrimination

There have been laws put in place to protect against discrimination. Fair Housing laws are designed to ensure that everyone has a chance to apply for housing. When landlords screen new tenants, it is critical to make sure that they comply with both state and federal laws surrounding equal housing opportunities.

Leasing

All landlords need to provide their tenants with a lease agreement and relevant legal paperwork. The landlord has to make sure the contract is legal. It should include monthly rates, leasing periods, and the names of the tenants.

Disclosures

There are also laws in place regarding required disclosures. Landlords need to inform tenants about all state laws, information about the rental, and paint hazards to tenants in writing. Ideally, this should be in the contract. Some states vary in these disclosures but landlords should also disclose the presence of sex offenders, mold, or recent deaths.

Environment

It is the responsibility of the landlord to ensure the rental unit is both safe and habitable. This means that all appliances, plumbing, heating, and fixtures are in good working order. The property cannot have pests or insects (or they must be kept under control).

Repairs

There are also laws surrounding making repairs. The tenants need to report all repair requests as required by the lease agreement. The landlord has to complete these repairs in a timely manner. If repairs are not made, the tenant is allowed to withhold rent money.

Deposits

Most lease agreements require a security deposit to cover damage from the tenant. The landlord can withhold this deposit only if they are used to cover property damage or defaulted rent payments. The landlord must provide an itemized statement showing how the deposit was used.

Privacy

There is a right on the part of the tenants to a private environment. The landlord must provide at least 24 to 48 hours’ notice of any entry into the property unless there is an emergency.

Criminals

If there is any criminal activity taking place in the unit, the landlord has to report this to the authorities once they have knowledge of these activities. This could include drug use or distribution. The landlord must protect other tenants against these criminal activities.

Safety

The landlord has to protect the tenants against fire and carbon monoxide poisoning. There should be working detectors. There should also be working deadbolt locks on doors and windows.

Evictions

Finally, there are laws that regulate eviction processes. A landlord can evict a tenant for the nonpayment of rent or for violating a clause in the contract, such as property damage. The landlord has to go through the legal eviction process as required by the state.

Know the Laws

It is important for both landlords and tenants to keep up with these laws. Anyone with questions or concerns should seek the counsel of a legal professional.

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