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Thank you for considering DESIGN HOUSE LLC

Option 1

Tenant Placement

  • We will locate and place a tenant in the unit on a 1yr lease agreement and process all necessary forms for HUD acceptance

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  • Cost is 1 months rental fee: typically we would collect the security deposit (no upfront funds from investor with this option)  

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  • Investor self manages the unit and can call as a resource for maintenance & repairs (trip charge for assessment)

Option 2

Tenant Placement & Full Property Management

  • We will locate and place a tenant in the unit on a 1yr lease agreement and process all necessary forms for HUD acceptance

 

  • We will collect and enforce rental payments from both Housing as well as tenant and forward over funds to investor

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  • We will evaluate any property maintenance at no additional cost for estimate or try to asses “cause”

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  • We can provide and/or locate a contractor to perform necessary maintenance on the unit (typically a lower cost than outside vendors)

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  • Tenant has no direct contact with investor all calls/issues are routed to Property Management

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  • Cost is 1 months rental fee: typically we would collect the security deposit (no upfront funds from investor with this option)  Monthly cost is 8% of the rental fee *

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  • Encourage lease renewal (average tenant duration is 3-4years)

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  • Request rental increase to HUD after 1st year lease agreement (no additional charge/10 month mark)

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