RENTAL PROPERTY MANAGEMENT SERVICES

We know how frustrating property management can be:

We intimately know the properties we manage and can provide accurate and detailed information to prospective tenants and can advise owners on ways to maximize cash flow from their properties.  The properties we manage now range from two flat buildings to large multi-unit buildings with retail and commercial space.

Capstone Property Management offers the following rental property management services: (click on the item for more information)

APARTMENT RENTALS
We handle the placement of all advertising -- signs, newspaper ads, and referrals. We receive and process all calls from the advertising. We require a detailed rental application to be completed, evaluate each application thoroughly and screen the  prospective tenant(s) before approval. In addition, all tenants are required to pass a credit check and landlord and employment verification.

We show properties seven days a week until rented. No apartment is considered rented until we have received a signed lease and the security deposit.

PROPERTY INSPECTION
Properties are inspected at move in and move out. Anything above normal wear and tear is noted, repaired and charged to the security deposit. The balance of the deposit is returned to the tenant. Landscaping and interior common areas are inspected and maintained on an agreed upon basis.

MAINTENANCE
We check and provide routine maintenance on heating and air conditioning systems, smoke detectors and carbon dioxide monitors. If our property inspections or tenant calls reveal routine maintenance or minor repairs that need to be performed, we will do this work at no charge other than costs for supplies. In addition, we can oversee large maintenance projects or capital improvements for reasonable fees. To protect or increase the value of your investment we may recommend certain improvements for your building.

RENTS
We collect your rent for you and work with tenants to ensure the rent is paid by the first of the month. We review the rents at the end of each lease period to assure that your property is achieving maximum income based upon current market conditions.

TENANT RELATIONS
We take all tenant calls for your building and are available 24 hours a day. We maintain a good professional relationship with each tenant. Our goal is satisfied long-term tenants who pay the rent on time and take good care of your property.

DEPOSITS
We will work with you to develop a security deposit program  which meets your needs and the needs of your tenants. Security deposits are held in escrow in accordance with the Chicago’s Landlord/Tenant Ordinance.

ACCOUNTING SERVICE
We send you a computer generated statement of income and expenses each month. These statements will show monthly activity of your property and will make year-end tax preparation easier.