Addendum B
To Residential Leasing and Property Management Agreement
Review of Services
Required Fees, Included Benefits & Details
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Leasing Fee (new tenant, charged after move-in) | 100% of first month’s rent |
Management Fee (assessed monthly once a tenant has moved in) | 10% of monthly rent |
Lease Renewals (existing tenant) | 10% of rent per property renewal (not to exceed $350) |
Owner Reserve ($500 due at time at signing) All make-ready costs must be funded in advance. | $500 for 1st property $250 for each additional Property, $2,500 cap |
Mandatory Texas Property Code Compliance & Rekey | $150-500 (Deducted from Maintenance Reserve) |
Pre-Listing Consultation | |
Comparative Market Analysis for Your Investment Property | |
Listing for Lease with Multiple Listing Service sharing with over 85+ websites & marketing | |
Property Listed on 3G Properties Website | |
Tenant Screening for Credit, Criminal and Eviction History | |
Pet Screening (Includes ESA & Service Animals) | |
Lease Preparation | |
Pre-Renewal Price Comps | |
Move In Condition Report | |
Monthly Accounting Statement of Income and Expenses | |
Annual 1099 & Cash Flow Statement Electronically Transmitted to Owner | |
Monthly Direct Deposit of Net Income | |
Oversight of Property During the Lease Term | |
Move Out Condition Report | |
Security Deposit Itemization and Refund Per Texas Property Code | |
Blank | Get Started |
Estimated Costs of Additional Services
Services Provided | empty |
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Vacant properties listed for lease | If a property is vacant for more than 60 days, owner pays a minimum fee of $100 per month until a tenant is approved to occupy by 3G Properties (Fees will not be charged if owner is following 3G’s Pricing Guidance) |
Property Listed on 3G Properties Website AC Filter change, smoke & carbon monoxide detector check Property Condition Checklist included Price does not include batteries and/or smoke detectors. |
$60-100 quarterly $90-120 semi-annually Please check the box next to your preferred option |
Comfort Club Membership HVACPreventative Maintenance See page 4 of Addendum for details on service |
Opt In Opt Out Please check the box next to your preferred option |
Carrying Cost for Unpaid Landlord Account Balance | 10% of balance due on owner statement |
Utility Concierge Connect/disconnect fee & city registration |
$25 per occurrence (includes ALL property utilities) |
Blank | Get Started |