KM Realty is a Complete Property and Association Management firm, specializing in the Southern California Market.
We make sure you get the most out of every property and association. We are proud to be one of San Diego's most complete real estate service companies, from buying to selling, property management, association management, tenant placement and master leasing. Feel free to contact us about any of your real estate needs, and we look forward to working with you.
Property Management Service Overview
Property finances
Monthly management fee 8% of collected rent(minimum $100)
No Fee during vacancies
No Setup Fee
Monthly statement and rent disbursement, either paper or electronic
Annual statement for filing tax schedule E
Marketing the property
Analysis of property and neighborhood
Suggest improvements for maximum rent
Comprehensive advertising for widest exposure
Additional on-line pay advertising available at reduced cost
Prospective Tenant Screening
Credit check and evaluation
Unlawful detainer record check to ensure no prior evictions
Verification of applicant's income and job history
Interview previous landlords to establish rental history
Leasing the property
Lease agreement tailored for your property's needs
Collect rent and security deposits
Review HOA rules for your property
Signed and verified Tenant inspection check list
Property maintenance
Access to network of reliable vendors to assist owner in making any improvements
Contract for repairs to the property
Owner authorization required for repairs over $200, except in emergencies
Owner option to select, supervise and directly pay for any repairs
Repair costs deducted from monthly rents(repairs costs exceeding one months rent in a given month subject to a finance charge)
Account Management Tools
Paper or Email and On-line Statements
Paper or Electronic checks
If you are interested in our business and would like to find out more,
please get a quote.
HOA / Condo Association Management Services Overview
Accounting
Preliminary budgets prepared, viewable on-line. Monthly Statements, viewable on-line.
Preparation of billing statements Mailing of billing statements and up to 3 additional pages per month in the monthly statements.
Collection of accounts receivable Assist collection agency with delinquencies
Payment of association bills Reconciliation of Client's bank statements
Preparation of unaudited financial statements Assist independent auditor for preparation of audit report Assist outside tax preparer
Correspondence
Bulk mailings sent out per request, at a cost per unit per page.
Record Keeping
Maintain Homeowners Association member list,
All pertinent records(violations, notices, minutes, etc) maintained.
Electronic and hard copy.
Condo Certifications Provided As Needed($25.00 per set)
Escrow Transfer Documentation Provided As Needed($125.00 per set)
Demand Statements
C, C & R's
Bylaws
Articles of Incorporation
Financial Information
Copies of Minutes
Copy of Budgets
Information regarding Pending Litigation
Information regarding Special Assessments
Rules and Regulations
Board Meetings(>50 Units)
Attend up to 12 meetings annually. Allotted 2 hours per meeting.
Time overage billed at $55.00/hour in 1/4 hour increments.
Meeting minutes recorded.
Board Meetings(<50 Units)
Attend meetings as needed.
Time billed at $55.00/hour in 1/4 hour increments.
Meeting minutes recorded.
Property Inspections/Walk-through(>50 Units)
Monthly(allotted 2 hours per inspection)
Property Inspections/Walk-throughs(<50 Units)
As requested, billed at $55.00/hour in 1/4 hour increments.
Maintenance
Dedicated maintenance line.
Calls returned in 24 hours.
Interactive maintenance tracking website.
Maintenance trip charges $55.00 per hour, minimum 1 hour.
Emergencies
24/7 Phone contact
Violation letters
Tracked and filed, viewable on-line.
Bids
Requests for Regular Maintenance Bids included.
Non-regular maintenance bids charged for time spent, at $55.00/hour, minimum ¼ hour
Delinquencies
Processing and filing included, up to but not including filing of liens.
Liens filed at cost of processing, billed to HOA.
Bank Reserves
HOA choice
Other Services
Custom website provided, hosted, and administered.
Online trouble ticket reporting system.
Online account tracking system.
Online budgeting, minutes, and statements viewable.
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