Gulf Income Properties

Property Management Services

Overview

• Real estate investing is one of the best ways to achieve wealth over time, but if the investment vehicle is mismanaged, those returns can be lower than expected. At Gulf Income Properties, we offer expertise in Marketing, Tenant Screening, Rent Collection, Maintenance, Evictions, and Accounting all for an affordable price. Using Gulf Income Properties will maximize your returns and protect your investment. 
• At Gulf Income Properties, we pride ourselves on excellent customer service. This means streamlined processes that enhance our communication with both owners and tenants. Owners will be updated and have access to all property information in real time.

Marketing

• Gulf Income Properties Marketing Strategy - At Gulf Income Properties, we ensure properties are rented for maximum income potential, attracting quality tenants, and have the least amount of vacancy days possible. We do this by:
1. The process begins with analyzing the local market and determining the current market rental rate.
2. We make sure your property is rent ready and offer suggestions on how to maximize rental income. 
3. We take pictures using our Matterport Camera, which not only produces HD still pictures and videos, but puts together a 3-D virtual tour for prospective tenants. Why does this matter? When renters are searching for rental properties, they are much more likely to engage with your property as it has a 3D tour.
4. Your property will be syndicated on over a dozen property websites and be seen by millions of potential renters.  
5. A Gulf Income Properties showing expert will be always available to show prospective renters.
6. All prospective tenants are screened using the latest and most thorough technology and screening processes. 

Screening Process

• Having a screening process that has been tested over time is an extremely important piece of the process. A great property will attract many prospective renters. The key is screening each applicant to make sure they are the right fit for your property. Placing the wrong tenant can be a very expensive mistake, which is why we put a lot of effort upfront to ensure success.
• The screening process begins with an online application. If the applicant meets the criteria for the property, the application is then evaluated further by our team, which is when we verify the information on the application by requesting supporting documents.
• We do our homework, which gives you the best possible tenant. The criteria we look at when screening a tenant includes:
  1. Credit History
  2. Employment and Income Verification
  3. Rental History
  4. Criminal History
  5. Sex offender registry check
  6. Reference check

• At that point, we make our recommendations to the owner. Maximizing rents is the number one goal but preserving your investment by picking great tenants equally as important.

Rent Collection

• At Gulf Income Properties, we ensure that the rent collection process is seamless. With our owner and tenant portals, the online payment system has made paying rent as easy for the tenant as it has ever been, which reduces things like late payments. Our online portal also allows property owners to see in real time how their properties are performing. 

Maintenance Services 

• Maintenance and repairs are inevitable in the world of real estate. At Gulf Income Properties, we are prepared to handle all maintenance tasks in a cost effective and timely manner. With our network of trusted vendors, we ensure our clients' properties are well maintained. We understand that a well-maintained property has less tenant turnover and is always ready to produce income for the owner. The best part of Gulf Income Properties handling your maintenance needs is the time you’ll get back. 

Accounting

• Numbers don’t lie. At Gulf Income properties, we track everything when it comes to your property. Every dollar in and every dollar out is tracked through a web-based accounting system. This allows our owners to see how their investment is doing in real time. Owners receive a monthly statement regarding their property and end of the year tax forms. Owners can regularly check their financial status by logging into their Owner Portal.  

Evictions Process

• At Gulf Income Properties, through our tenant screening system, the risk of having to evict a tenant is low. However, Gulf Income Properties is partnered with lawyers in the community to ensure a smooth eviction process if the need arises. 

Pricing

• Tenant Placement Only – 100% of First Month’s Rent
• Full Property Management Services – 10% Monthly Fee + 50% Of first Month’s Rent
  • Investor Package (Mult. Properties) Tiered Pricing Structure
• Limited Services Property Management Package 6%