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PRICING
We’re a team of property owners and investors, sharing the same perspective as you.
Monthly Property Management Fee
Our pricing is only one month’s rent (paid over 12 months), which is equal to 8.33%. For this, you get full-service property management with no additional fees.
We will help market your property, vet tenants, do in-person tours, complete background, credit, eviction, and employment history checks, coordinate move-in with utility switches, and help maintain the property for this price.
We like to say there is nothing a competitor will do that we will not do.
We set ourselves up that way because we know each property is unique and each one has specific needs. When you start to work with us, we focus on personalizing our offers so that you can tell us exactly what you need while feeling safe that you will not receive any upcharges for a unique request.
There are no lease initiation fees, lease renewal fees, maintenance call-out fees, or vendor markup fees associated with working with us. Our pricing is set up to better estimate how much money you will be saving and how much more you will be making with a property manager who gives you a clear and honest price. You can reach out to us anytime for a free property assessment so we can provide a recommended rental listing price.
What is Included in Our Package
Pre-Rental
We will research comparable rentals with similar size, number of beds / baths, amenities and condition. This way we will be able to accurately project a recommended rental price. The most important factor in getting your place rented quickly is an fair market rental price.
We market your property on every real estate website that we can to make sure we get as many eyes on it as possible. We use large rental networks like Zillow, Apartments.com, Redfin, and Realtor.com, as well as target local websites like KSL and targeted Facebook groups.
When we go to list your property, we will take a tripod to take professional photos, and film a walkthrough of the property. Our goal is to try to accurately show the property and inform potential clients so they can quickly make a decision.
We do in-person tours with pre-qualified prospective tenants. During the tour we get to know the tenants, help explain our rental criteria and application process.
Rental
We use Transunion for credit history, background, and eviction history checks; in addition to this, we also verify employment, check bank statements, and ensure money is deposited and the payments cleared before moving a tenant into a property.
We help explain the lease to tenants, send it out to all relevant parties for signature electronically and make sure tenants have signed before handing over the keys.
Per Utah State Law we collect and hold the security deposit in a trust account. Once the tenant moves out of the property we return the deposit less any charges for cleaning or damages.
We require and verify the tenant has renters insurance. If they do not have their own plan we send them to a marketplace that offers plans depending their needs.
We work with the owner, utility companies, and the new tenants to ensure the transfer of utilities goes smoothly. We can also help with unique situations where we need to bill tenants for utilities alongside their monthly rent if your property cannot transfer utilities, depending upon the municipality.
We make sure the property is prepared and cleaned before moving in. We keep track of the keys and any materials needed for a handoff to ensure the tenants first couple of days in the property go smoothly.
Management
We will schedule a walkthrough with the tenant to ensure the property is maintained and that any damage that may have occurred does not get worse. This is an important process for both the tenant and the owner to minimize the number of surprises we experience upon moving out.
We not only care about the interior but also the exterior of the home. By including a yard assessment, we are ensuring that anything on the home’s exterior that could be an issue (potential tree falling or irrigation leaking) will be addressed as soon as they are identified.
We are on call to make sure the property is taken care of. During the onboarding process, both the tenants and the owners will have a direct line they can reach out to 24/7 to make sure all small or large requests are addressed as quickly as possible.
When vendors or contractors need to be scheduled we are happy to help coordinate when they will be at the property and what specifically they will need access to in order to resolve a problem.
In the event of an emergency repair, we recommend the tenant or owner call us first. We have a large Rolodex to reach out to when an issue pops up that needs to be addressed immediately.
If in the event there is a breach of a lease, we are quick to help address whatever is needed. We do have Real Estate Lawyers on retainer that we can reach out to if needed. In most cases we have been able to resolve any lease disputes outside of the courts which saves everyone time and money.
A couple of months before a lease comes to its end, we will reach out to the tenant for a lease renewal. Often times we include an inflation increase in the lease. There is no additional charge for a lease renewal which is very rare for a property management company to offer.
Accounting
- We use Doorloop which gives the tenants a number of different options to pay their rent. Once paid the owner will be given a number of different options on how they want to receive the rent. We make this process as easy as possible intentionally.
- Once you sign on you will get a login to Doorloop where you can access financial information on your property 24/7. In Doorloop you can also put in requests or see requests the tenants have submitted. You are able to submit photos, videos and text to explain what issue you are trying address and we will keep a log of it.
- We employee professional accountants who are able to provide necessary financial documents or tax documents so you always know where your property stands.
We do offer direct deposit which means money will just show up in your account monthly.
We keep both digital and physical copies of important documents to make sure that when information is needed we are able to provide it in a multiple of formats.
When a tenant is invited to the portal we will have an introduction call where we walk them through Doorloop and explain all of the different features and offerings it has.
Contact Us Today
We are committed to keeping the process simple and providing exceptional service at the lowest price point.
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- info@pyramidslc.com
- (801) 597 5199
- 4190 S Highland Dr, Suite 100, Millcreek, UT 84124
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