Customized Lease Agreement

There is a lot more than just a customized management agreement, consulting, training and videos. This package answers lots of questions including:

• How to hold on to your owner relationships 5-10 years
• Strategies for getting a much larger Procurement Fee
• How to get the owner happy to pay a big Renewal Fee
• How to get a Renewal Fee (even on a 24-month lease)
• How to get paid when there is no rent
• How to get the owner to trust you to approve and deny applicants
• How to build speed into your system so you can grow
• Strategies to get the owner comfortable letting you manage the property without collaborating with them
• How to file evictions without the owner’s approval
• How to get owners comfortable with never seeing an invoice
• How to make money filing on tenants and going to court
• A simple formula for making more money on turnovers
• How to give yourself broad powers to manage repairs without contacting the owner
• ow to disclose your referral relationship with a maintenance contractor
• How and when to fire an owner
• How to limit your services and sell the owner extra services
• How to charge for managing utilities
• How to make money managing negative escrow balances
• How to protect yourself from missing personal property the owner leaves behind
• How to collect when the owner owes you money
• How to be transparent when receiving referral fees, rebates, spreads and profits
• How to disclose ownership in other (sister) companies
• How to manage disputes over security deposits
• How to get owners to embrace your new PMA
• How to stop owners from bullying you into managing their HOA, home warranty, insurance claims, utilities, code enforcement officers, etc.
• How to protect yourself when owners fail to respond
• How to unilaterally change the existing PMA as you learn and grow in the business
• What to do when the owner won’t reimburse you for repairs
• How to disclose ALL your fees in one simple sentence
• How to stop document creep and keep the PMA under 7 pages
• How and when to terminate an owner in 5 days without cause
• How to protect yourself from the owner’s HOA chaos
• How to get the owner to manage their own previously established 3rd party relationships

This is much more than just the document. This is 35 years of experience wrapped up in documents (plus training videos) including all the proper disclosures to turn on the revenue streams and turn property management into a Cash Cow, CYA protections and things you didn’t even know you needed (and won’t even think about) until it’s too late.

We have spent tens of thousands of dollars with our lawyer over the last three decades perfecting and revising these documents. They have prevented countless lawsuits and disputes with owners and have made us tons of money (literally millions). You will too if you acquire these documents and put them to work in your business. Or, learn from your own experiences over the next 25 years, make your own mistakes and create your own war stories and documents. The choice is yours.

Our document was originally drafted in 1990 by a large prominent real estate litigation firm in Atlanta, Georgia and attorney Monica Gilroy (a landlord/tenant litigator) has been tweaking, editing, updating, revising, and perfecting it for us ever since. Revisions have been driven by the ever changing license law, landlord tenant law, federal and state law and our experiences with over 9,000 tenants. It is undoubtedly the best CYA management agreement you could ever use and full of revenue-generating strategies.