Contact us today to learn more about our management agreement!
Owner/Principal Broker/Property Manager
P: (801) 787-1177
T: (484) 660-1261
jeff@kasteelproperty.com
Marketing/Business Development
P: (801) 380-4797
T: (801) 380-4797
kim@kasteelproperty.com
We look forward to communicating with you!
Utah County
Main Office: (801) 787-1177
Text: (484) 660-1261info@kasteelproperty.com
Lets start with what we do not charge.
Unique to us, we do not markup maintenance service calls. If we have to call out maintenance you will get a copy of their bill and you will not be charge a penny more than what they charged. With other management companies you won’t even know you are getting a markup on costs. That is why they will keep the invoice from you and won’t let you talk directly with the technician. We keep everything above board and let you see what you are paying for.
Monthly management fees: 8% of the rent plus $9.50 a month for an attorney retainer fee. The attorney fee covers the cost of an eviction and court costs, if needed. It also covers the cost of legal advice regarding situations that may arise with a tenant and the lease.
Kasteel Keypad Lock: $150 one time installation, per unit then never pay for re-keying again. It’s a specific keypad lock that is integrated with our system for showings and keyless access for tenants. If tenants already live in the home or you’ve already put on new locks then this will happen over time when tenants move out.
Annual Maintenance Inspection – $185/year: Our trained, in-house maintenance team conducts a thorough inspection of your property to ensure everything is functioning as it should. We evaluate all major systems, assess the overall condition of your home, and note the age of key components. This proactive check helps keep your property in top shape and prevents small issues from becoming larger problems. After the inspection, we provide a detailed report outlining our findings and any recommended preventative maintenance. This proactive approach helps identify areas that may need attention before they become larger problems, keeping your property in top shape and maintaining its value.
Periodic fees: These include those listed below. If you are signing up 10 or more units jump to the Bulk Discount at the bottom of this section.
Sign Up Fee, Includes Professional Photos: $275, includes professional photos, plus $250 for each additional unit. Quality visuals make a big difference when advertising your property. If your unit(s) are currently occupied, pictures will be taken during the next vacancy time.
Owner Reserve (waived if you have multiple units): $300, this is your money that we hold in a trust account and is reflected on your monthly statement. It is used to cover any periodic expense that might come up, like maintenance. We will then replenish that fund with the next months rent.
Leasing fee: 12% of the rent. Charged each time we need to find a new tenant because someone moves (typically once every 1-3 years). This includes the costs of advertising with online pay sites.
Screening fees: $38 per person, only for applications that are fully processed but they do not sign up (typically there are 0-3 screening fees during the course of filling a vacancy). This is different than most management companies do it. Having your best interest in mind is what drove us to do screening fees this way rather than charging them to applicants. When charging the applicant it actually causes them to first consider other places or makes them delay submitting their application. Thinking through this, we realized that every day your place sits empty costs you more money than a screening fee is even worth. This fee structure actually saves you money because we get your vacancy filled faster. Now, this does not mean you get charged for every application that comes in. We want to keep this as low as possible. If someone’s application is approved and they sign up then there is no application fee. It’s only for those that get to the final stages of the application process and then they are denied for credit and/or background or, if approved, they change their mind and don’t sign a lease. To prevent unnecessary screening fees, we first run them through a pre-screening that can weed out those that couldn’t be approved anyway. The pre-screening checks are: tenants must have toured the property, each adult must have submitted an individual application with a current pay stub and picture ID, applications need to be filled out properly with no disqualifying factors listed, applications are screened through our attorneys database – comprised of evictions and collections from hundreds of property managers over several decades. Only after passing all those pre-screenings, we do a credit and background check with the potential of a screening fee.
Bulk discount: If you are signing up 10 or more units we greatly simplify and reduce the fees. For the 8% management fee all the same services and resources are included but the Attorney Retainer fee and all the periodic fees listed above are waived.
Professional Photos Taken
Property listed and Marketing launched
In addition to a professional For Rent sign at the property and being listed on our website, it will be posted to dozens of online classified websites and refreshed weekly. Once we have the ad written and the pictures uploaded, our top of the line software is capable of sending the ads out to all the big websites with the simple click of a button. Anyone looking will easily be able to find your property for rent.
Adjust rental price according to number of inquiries
When deciding what to charge for rent we will gladly help by giving professional advice, but ultimately the property owner is the boss. Once it’s listed we will monitor how it’s going and give you feed back and suggestions if a change is needed. Reviewing other ads for similar homes nearby is a great way to get an idea of what price range you can expect.
We provide full property management services.
How we handle the move-in process
We work to make the move-in process smooth, efficient, and transparent for both tenants and owners. Every applicant goes through a detailed screening process that includes reviewing credit history, criminal background, employment and income verification, and previous landlord references to help ensure qualified tenants are placed in your property.
Once approved, tenants are required to promptly sign the lease and pay the security deposit electronically so the property can be taken off the market right away. Before move-in, all required documentation must be completed, including proof of income, identification, and any applicable co-signer or housing assistance paperwork.
Our team coordinates the lease signing process, move-in funds, liability insurance setup, and any final property preparations to ensure tenants are fully informed and ready for a successful tenancy from day one.
When placing tenants we:
Watch this video for more info on our tenant screening process!
Included in our management by default!
Our trained, in-house maintenance team conducts a thorough inspection of your property to ensure everything is functioning as it should. We evaluate all major systems, assess the overall condition of your home, and note the age of key components. This proactive check helps keep your property in top shape and prevents small issues from becoming larger problems. After the inspection, we provide a detailed report outlining our findings and any recommended preventative maintenance. This proactive approach helps identify areas that may need attention before they become larger problems, keeping your property in top shape and maintaining its value.
What happens if your tenant moves?
END RESULTS!
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