I was born in Cincinnati, raised in England, and then returned to Cincy, where I graduated summa cum laude from NKU with a degree in Business. Before joining EquityTeam, I built a strong foundation in property management, with a focus on multi-family, Section 8, and single-family portfolios. I’m passionate about building strong communities, creating positive resident experiences, and delivering real results for Owner clients. Outside of work, you’ll usually find me outdoors - hiking, camping, or exploring new places. I love that my role at EquityTeam allows me to combine relationship-building, problem-solving, and industry-leading tech in a fast-paced environment to help both owners and residents succeed.
Personal
Favourite Food: Classic American Burger
Hobby: Camping
Favourite Artist/Musician: Linkin Park
Goto Destination: Alaska
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.
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.
Property Management Fees – What to Expect
Key Takeaways
Understanding Property Management Fees: Property management costs can vary depending on the company, property type, and range of services provided. Common fees include setup fees, ongoing management fees, tenant placement fees, lease renewal fees, and inspection fees, each covering essential aspects of managing a rental property.
Comprehensive Services for Property Owners: Professional property managers like EquityTeam handle critical responsibilities such as rent collection, maintenance coordination, tenant screening, lease management, and financial reporting. These services save property owners time, reduce stress, and help maintain their properties efficiently.
Value of Professional Management: Hiring an experienced property manager can help rental property owners maximize returns while ensuring legal compliance and proper care of their investments. Partnering with a trusted company like EquityTeam provides peace of mind and expert support tailored to the needs of Cincinnati property owners.
As a rental property owner, you understand the importance of quality property management. Self-management requires a lot of time, effort, and skills. Hiring a professional property manager could be especially beneficial if you’re looking to save on time, stress, and long-term costs.
But, how much can you realistically expect an expert property manager to charge you for managing your rental property? In this article but EquityTeam, you’ll learn what kinds of fees you can encounter and the services they cover, among other things.
What are the Different Fees Property Managers Charge?
Property management fees and services will vary by company. When looking to hiring a property management company, you need to see what standard services are offered and what add-ons are available.
You should also consider their pricing models: do they charge a percentage of the monthly rental income or a flat rates? Understanding these details will help you find a property manager in Cincinnati, Ohio that provides the exact services you need at a fee that aligns with your budget.
Here are some of the common fees and services offered by property management companies:
Initial Setup Fees
This is a one-time fee that a property manager may charge to cover the processes that go into setting up an account with a rental property owner. Some of the documents the manager can expect you to provide to set up your account can include:
Proof of property ownership.
Insurance policies.
Property information.
Tax information
Financial records.
HOA rules and bylaws (if applicable).
The exact requirements will depend on the property management company you’re dealing with.
Property Management Fees
These fees make up a percentage of the monthly rental income. They usually varies depending on the number and size of rental units that will be under the property manager. For that fee, you could expect the rental property manager to handle the following services:
Maintenance and Repairs
No matter the condition of your rental property, maintenance requests from tenants are inevitable. A residential property manager can help handle them on your behalf and coordinate with local vendors if necessary.
They can also handle the back-and-forth communication with the resident regarding the progress and scheduling of the repairs.
Accounting and Tax Preparation
A professional property manager in Cincinnati will keep diligent financial records for you. This will include expenses, income, and important documents you may need come tax season. These financial reports can help you make future investment decisions as well as allow you maximize tax deductions.
Rent Collection
The property manager will collect rent from the resident when it becomes due in accordance with Ohio state law. They will then credit it to your account per the arrangement you have with them. They may also be able to handle issues of late or missed rent payments on your behalf.
Property managers charge the fee to help place a new resident in the unit. This service can include everything from staging the home and marketing it to prospective residents, to screening applicants and signing a lease with a new resident. Sometimes this service and fee and included in general management packages, other times, they’re charged separately.
Lease Renewal Fee
The fee goes towards signing a lease with a resident and everything that that process entails. The property manager will assist with move-in and move-out inspections and draft a proper lease with updated policies and enforce all of its terms.
This service can be especially useful if you’re looking to increase rent or if there have been changes to rental laws in your area. Rather than having to re-draft a lease yourself, your property management partner can handle everything for you.
Inspection Fees
The fee goes towards ensuring your rental property is well taken care of and any issue that arises is handled as promptly as possible. The fee also includes inspecting the unit at certain crucial points during the term of the lease.
These inspections can occur during the move-in or move-out stage of a tenancy or seasonally. The goal is ultimately to ensure that small issues are caught early protecting your residential rental property’s value and tenant’s comfort.
Bottom Line
Now you have a better idea of what to expect when it comes to a property management cost. But, to get the exact amount, make sure to get in touch with a local property management company for a detailed breakdown.
If you have a rental property in Cincinnati and require expert help, look no further than EquityTeam. We can provide you with tried-and-tested property management solutions you can trust. Get in touch to learn more about our professional services today!
Key Takeaways Annual Maintenance and Safety Checks Are Crucial: Regularly testing smoke and carbon monoxide detectors, inspecting for water leaks, and cleaning gutters helps prevent costly damage and ensures tenant safety and compliance with local regulations....
Key Takeaways Tenant Painting Can Create Costly Issues – While it may seem harmless, tenant DIY paint jobs often result in poor-quality finishes, difficult-to-cover colors, and added repair expenses, ultimately impacting property value and delaying turnovers....
Key Takeaways Boost Rental Income Without Raising Rent - Property owners can increase revenue through creative, tenant-friendly strategies like offering paid parking, pet rent, or on-demand services, adding value for residents without burdening them with higher...
Key Takeaways Stay Organized and Document Everything - Starting early and keeping detailed records of rent payments, income and expenses, repair costs, and more is essential for a smooth tax season. Well-organized documentation not only simplifies filing but...
Key Takeaways Match the Communication Method to the Message and Situation - Effective communication depends on choosing the right tool for the context. Use email for formal documentation and notices, text messaging for quick updates, and phone calls for urgent...
Key Takeaways Annual Maintenance and Safety Checks Are Crucial: Regularly testing smoke and carbon monoxide detectors, inspecting for water leaks, and cleaning gutters helps prevent costly damage and ensures tenant safety and compliance with local regulations....
Key Takeaways Tenant Painting Can Create Costly Issues – While it may seem harmless, tenant DIY paint jobs often result in poor-quality finishes, difficult-to-cover colors, and added repair expenses, ultimately impacting property value and delaying turnovers....
Key Takeaways Boost Rental Income Without Raising Rent - Property owners can increase revenue through creative, tenant-friendly strategies like offering paid parking, pet rent, or on-demand services, adding value for residents without burdening them with higher...
Key Takeaways Stay Organized and Document Everything - Starting early and keeping detailed records of rent payments, income and expenses, repair costs, and more is essential for a smooth tax season. Well-organized documentation not only simplifies filing but...
Key Takeaways Match the Communication Method to the Message and Situation - Effective communication depends on choosing the right tool for the context. Use email for formal documentation and notices, text messaging for quick updates, and phone calls for urgent...
Key Takeaways Annual Maintenance and Safety Checks Are Crucial: Regularly testing smoke and carbon monoxide detectors, inspecting for water leaks, and cleaning gutters helps prevent costly damage and ensures tenant safety and compliance with local regulations....
Key Takeaways Tenant Painting Can Create Costly Issues – While it may seem harmless, tenant DIY paint jobs often result in poor-quality finishes, difficult-to-cover colors, and added repair expenses, ultimately impacting property value and delaying turnovers....
Key Takeaways Boost Rental Income Without Raising Rent - Property owners can increase revenue through creative, tenant-friendly strategies like offering paid parking, pet rent, or on-demand services, adding value for residents without burdening them with higher...
Key Takeaways Stay Organized and Document Everything - Starting early and keeping detailed records of rent payments, income and expenses, repair costs, and more is essential for a smooth tax season. Well-organized documentation not only simplifies filing but...
Key Takeaways Match the Communication Method to the Message and Situation - Effective communication depends on choosing the right tool for the context. Use email for formal documentation and notices, text messaging for quick updates, and phone calls for urgent...
