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Management Services:
The residential rental market is increasingly competitive and complex. Legendary Investment Group is an experienced, professional and cutting edge residential property management company. The firm specializes in the management of single family homes and other select properties. Legendary Investment Group provides the following services:
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Market, advertise, show vacant properties to prospective tenants
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Screen and ensure the accuracy of information provided from all prospective tenants
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Create legal documents such as; leases, applicable addenda, financial negotiation agreements
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Collect and process monthly rents
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Coordinate maintenance repairs
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Initiate legal proceedings for non-payment of rent or lease violations
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Account for tenants security deposit upon completion of the lease
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Coordinate post tenant repairs and deferred maintenance
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Provide monthly income statements and year-end tax reports
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Provide cutting edge, technologically advanced systems for immediate
information
Management Objective:
Legendary Investment Group’s mission statement is to develop, nurture and maintain long term exclusive client and customer relationships by providing outstanding full service management services in the acquisition and management of residential properties.
Advertise -
We will advertise the property aggressively when tenants are needed. We arrange signage, website advertising, rental lists and referrals after you’ve chosen the advertisement package that suits your needs and budget. Our agents and only licensed professional real estate agents will show your property through an electronically monitored supra key box and safe system.
Screen -
Every applicant is interviewed with a thorough investigation of all verification aspects: references, proof of income, and rental history. We even ask the small stuff like; do they smoke or have pets? Based on the application findings and your direct instruction and acceptance we collect ample security deposits to secure the tenants promise and agreement of full compliance with the terms and conditions of the lease commitment.
Prepare -
We prepare and provide all tenant/landlord paperwork, including applications, lease, management agreements, addenda and all other appropriate documentation to ensure you’ve met all legal standards required by the
Department of Real Estate.
Collecting & Accounting -
We collect all monies and account for all deposits and expenditures as well as record keeping and detailed monthly reports to you for clarity and verification which can be accessed by you 24/7 on our online management software system. A professional agent is always a phone call away to answer any questions. Should situation require, we handle all late/partial and no pay and follow appropriate steps to legally collect unpaid fees and also will act as your representative in court.
Maintenance -
We conduct periodic inspections and random drive-bys to ensure tenant is maintaining your investment. A professional agent will do a thorough move out inspection documenting everything with photo’s to validate security deposit liability. We welcome all maintenance requests, which are handled in a time sensitive manner using local and dedicated contractors to provide you with quality service, discounted rates and quick response time. We efficiently enforce policies, house rules, and community covenants and restrictions (HOA violations). We continually investigate and recommend ways to maximize your rental value and minimize your vacancy periods.
Fees
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We charge a small percentage of the gross monthly rent collected. If and when your property sits vacant we are actively and aggressively working to secure a suitable tenant at NO management COST to you! During vacancy periods we do require bimonthly landscape service and weekly pool service to ensure your home remains rent ready.
A quick overview of our fees
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A
percentage of the monthly rent collected. If you don’t get paid, we don’t either. No leasing fees. Minimal renewal contract fee. This fee covers the cost of a detailed, fine tooth comb inspection of the premises to ensure that the tenants are maintaining the home and they have not have not neglected to report issues with your home. This also includes the negotiation of the renewal terms and preparation of legal documents so we are in accordance with the
Department of Real Estate and keep you protected.
Sales Services:
Legendary Investment Groups primary function is residential property management services. However, should the client desire to sell or buy a property, rest assured our firm is qualified to provide the needed services.
The principals of the company are members of the Scottsdale Association of Realtors, Southeast Valley Association of Realtors, and members of the Multiple Listing service.
We will continually strive to exclusively represent sellers, buyers and investors for any of their real estate needs providing creativity, marketing and successful acquisition and disposition.
REO asset management:
Contracting REO Sales and Maintenance with LIG will provide valuable asset protection and added value to the sales effort your REO's. We will protect your asset by protecting its value.
Put Legendary
Investment Group in charge of selling your REO and we
will take care of the rest! Legendary
Investment Group will take
care of the occupant removal (if necessary),
negotiate cash for keys, monitor repairs and clean
up, coordination of ongoing property maintenance.
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Vacant Home Check:
With Phoenix, AZ’s low priced
housing market it is easy to take advantage of second home
purchases. Scottsdale, AZ has been a favorite to winter visitors
and retirees as long as it has offered warm degrees, amazing
topography, and it’s steady if not spectacular amenities…
shopping, golfing, history, relaxing, and much more. A Vacant
Home Creates Many Important Issues
Besides the obvious financial
challenges of owning a second home, there are other
considerations. By definition, a second home means that the
homeowner will not be living there full time. That means that
the home will either be rented, occupied by someone, or left
vacant. The idea of a vacant home worries many potential home
buyers, and as a result, their second home choice is limited to
a condo, which requires less attention.
However, with the overbuilding
of the condo market over the past decade, it is questionable
whether condos represent favorable long-term investment
outcomes. Single family homes usually offer the best long-term
returns, but a home which is not properly attended to is, and
should be a concern to all potential buyers.
Especially with single family
homes, absentee owners must tend to a number of important issues
including landscaping, house cleaning, security, consistent
visits to check the inside of the home for malfunctions or just
to flush toilets and turn on water faucets, lighting timers,
mail left, newspapers or circulars left in front which can
signal a vacant home to intruders, watering flowers or plants,
and pest control.
In addition, someone must be home to take care
of deliveries, construction, home repairs and maintenance,
furnishing, and other important items. Some owners may not be
able handle all of these items from afar, so many of them give
up on the idea of investing in a vacation, investment, or
retirement home.
While under our Vacant Home
Check Management should your property encounter any type of
problem we will contact you immediately. When a crisis occurs
(and they do!) you will be glad it isn’t your neighbor watching
over your home because you have a professional service in place
to handle these issues.
We will organize the necessary service, meet with the repair
person and get them access into your home. We can also send
digital photos of the problems or completed repairs by email.
We are at your service, relax and have peace of mind that your
Arizona home is being professionally monitored by a licensed
Real Estate Agent while you are away. Eliminate your hassle and
stress by allowing Legendary Investment Group to act as your
eyes and ears, managing your maintenance needs with top level
customer service.
Available 24/7 and you are
provided a detailed Home Management Report of all items checked
at your home.
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Peace of mind check
in - weekly, monthly or just one time
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Pick up mail, phone books,
trash and newspapers
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Water plants, set
sprinklers, check home for insects
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Set / Reset interior
lights on timers, check / reset thermostats
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Check and report any
problems or damage
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Not happy with your
current management services?
Call us and ask us
how our services can enhance your properties and make
your life that much easier.
Thinking about selling
your property?
Give us a call and ask us how our services can assist in
selling your property quickly and for the largest
possible profit. |
Memberships, Affiliations & Sponsorships
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