About Majestic Life Ministries
 
 

Management Fees

  • Tenant procurement fee: $500 (for negotiated rent up to $1,000;  ½ monthly negotiated rent for rents greater than $1,000)
  • New property intake fee: $100
  • Ongoing monthly management fee: 10% of the rent (minimum $75.00)

Electronic Payment of Rent

  • Tenants may pay rent by electronic deposit
  • Tenant ledger records are available to tenants online 24/7

Owner Payments and Statements

  • Owners are paid by direct deposit or mailed check (if requested)
  • Owner funds are disbursed on or before the 10th business day of each month
  • Invoices, receipts and Owner reports are available on our website 24/7
  • Owners receive a 1099 form at year-end for tax preparation.  5-year consecutive history is also maintained online

Tenant Screening

  • Income verification
  • Rental history
  • Prior eviction actions
  • Credit history
  • Criminal background

State-of-the-Art Internet Marketing

  • Each property has a page on our website featuring photos, description and driving directions
  • Rental properties are marketed on a variety of free and paid websites
  • Rental applications are taken via online application, fax, e-mail, or face-to-face
  • Application fees, first month's rent and security deposits may be paid online

Maintenance

  • We have licensed and insured vendors that handle repairs
  • We monitor an emergency maintenance hotline 24/7
  • Maintenance request can be submitted online by tenants

Rent Collection and Evictions

  • We insist on timely rent payment from tenants
  • We act promptly when rent is not paid
  • When necessary, we handle the entire eviction process