TLC Management - Owners

TLC Management specializes in managing your property in a professional, personal manner taking care of all the details so that you reap the highest return for your investment. You have worked hard to acquire your real estate investment and deserve the best in trouble free management.

Right from the beginning, TLC Management will take control of the process with their skilled professional showing your property to potential tenants, making appointments, providing applications and providing a through screening process. TLC Management abides by the Federal Fair Housing Act and will not discriminate against any protected class of people

As part of the screening process, TLC Management will run credit checks on applicants; verify previous rental history and current employment status. The application screening is the most critical part of property management and many problems and potentially difficult situations in the future can be avoided by conducting a through background check.

TLC Management has the necessary legal forms to create a tenancy between the company and the prospective applicant. The legal forms set forth a clear relationship between the TLC Management Company and the resident. In addition, the documents clearly state the duties, responsibilities and obligations of the tenant. The documents also set forth the consequences and penalties for failure to comply.

If, for any reason the tenant fails to pay his/her rent, TLC Management will automatically initiate the procedures necessary to evict the tenant. TLC Management will retain an attorney to file eviction (forcible detainer) for non-payment of rent with the Justice Court. The objective of the company is to protect the owner’s rights and property at all times.

Almost all tenants give proper notice and vacate the property in a clean or somewhat clean condition. Upon the termination of a lease or rental agreement, TLC Management will walk through the property, account for the condition of the property and charge related damage or excessive wear and tear to the tenant’s refundable security deposit. Between tenants is the best time to coordinate deferred maintenance or repairs.

If your property should need repairs or maintenance, TLC Management will send qualified, independent vendors, sub-contractors or technicians to complete the work. TLC Management has developed long-term relations with local vendors and the company has a high level of trust and confidence in the service provided by these local vendors. All estimates, appraisals and work will be done in conjunction with the owners budgetary concerns.

On the 20th day of each month (except weekends), TLC Management will generate a monthly statement showing the amount of rent collected, the management fee deducted and less maintenance, if any. The statement will include the monthly proceeds unless the owner has directed the company to deposit the funds in the owner’s bank account. The December statement is the owner’s year-end statement and each statement will contain a summary of the revenues and expenses for the month and year-to-date report. In addition, TLC Management will file a 1099 for each owner.

Once a tenant has moved into the a property, TLC Management will collect rent every month. Once rent is collected the funds are deposited into an Agency Trust account.  Because we understand that asset protection is a must, we are insured by the FDIC up to $100,000.00

TLC Management is proud to offer such an inclusive service to property owners and feels it professional approach to property management along with a highly trained staff make their service the logical choice for the property owner who is looking for a worry free method to enjoy the rewards of their investment.