Gower Properties / T 408.286.8840 / F 408.294.3496 / information@GowerProp.com / © 2015 GOWER PROPERTIES. 

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We can help you manage your Silicon Valley rental property!

 

Gower Properties is a full service real estate company, serving the Silicon Valley since 1977.  We offer a full range of property management services tailored to you as an investor, homeowner, or landlord.  We have an extensive portfolio with over 150 single family homes, townhouses, condos, and apartments throughout the Silicon Valley.

The benefits of using Gower Properties
 
  • We treat every property as if it was our own
  • We utilize state-of-the-art technology to manage your properties and generate owner statements
  • We use industry leading marketing tools
  • We take the hassle out of managing your tenant's maintenance requests
  • Low vacancy rate
  • Low time on market
  • We have over 40 years of local market knowledge
What we do as your property manager
 
  • We will advertise your rental property on Craiglist and websites like Zillow, Trulia, and Hotpads
  • We screen your prospective tenants
  • We pick the best tenant for your property
  • We manage all the paperwork involved in renting property
  • We collect the rent
  • We manage maintenance, repairs, and cleaning
  • We perform regular inspections
  • We keep accurate records
Our Philosophy
 
  • We always think like the Owner because we are Owners ourselves!
  • We seek to make your real estate investment profitable
  • We strive to make owning rental property as hassle-free as possible
  • We keep your property rented and stay abreast of the market to make sure you are getting the best possible rental income
  • We are clear with your tenants of what is expected of them in a courteous manner
  • We provide safe and timely collection of rent money
Tenant Selection
 
  • Picking the right tenant for your rental property is a key to maximizing the profitability of your real estate investment and maintaing property value over the long term
  • Our basic selection criteria includes
    • Proof of reliable income that can support the amount of rent
    • Good credit history showing no history of bankruptcies or previous eviction
  • Prospective tenants submit a completed application, preferably after viewing the property
  • Credit checks are performed, including a search for Unlawful Detainer (Eviction) actions
  • Applicants income is verified but not directly with employers
  • We interview the applicant
  • We execute a legally binding lease covering any additional terms deemed appropriate
  • A security deposit is collected to protect the Owner
  • The first month's rent is collected prior to occupancy
  • We conduct a complete walk-through with the tenant prior to move-in.  The tenant signs a move-in condition worksheet, acknowledging the condition of the property at the time of move-in
Rent Collection
 
  • Rent and any fees such as garbage or other utilities is due on the first day of each month
  • After the 5th, a late charge of 10% is assessed on any past due rent charges
  • A "3 Day Notice to Pay or Quit" is served if the rent has not been received by the 6th.  This notice usually results in rent being brought current.
  • If the Tenant does not pay within 3 Day of being served, they must vacate the unit
  • If the Tenant does not vacate the unit, we engage our attorney to begin legal proceedings for eviction
Record Keeping and Administration
 
  • Monthly, we send complete statements to the owner, itemizing all income and any expenses
  • We pay any expenses related to the property including mortgage, taxes, and homeowner's dues
  • Copies of invoices for all work performed are enclosed with the financial statements
  • Owners may receive their statements electronically on our Owner Portal
  • We maintain a reserve fund for any emergency repairs
Fees
 
  • Our fees are fair and competitive.
  • No extra fees are charged for leasing the unit.  This is included in your management fees.
  • The management fee is based on the gross monthly rent collected at a rate specified in the Property Management Agreement