Meridian Property Management Company - Realty Management Associates

rental property management services Meridian, ID for landlords

Let Us Manage Your Meridian Rental Property

Are you finding the prospect of being a self-managing landlord daunting? Hire a trusted property management Meridian ID team for help!

Realty Management Associates, Inc., CRMC® (RMA) has been in the business of management of single-family homes and small apartment rental properties since 1980. We are a property management company that has maintained a history of solid, long-term client relationships throughout Meridian and surrounding areas.

These relationships were built on sound property management skills, real estate services, owner communication, tenant solicitation and qualification, maintenance supervision, and comprehensive accounting practices. We manage these aspects to ensure effective and efficient property management.

By focusing on clients’ needs and ensuring reliable rent collection, we help property owners maximize their returns. Additionally, maintaining strong tenant relationships encourages consistent rent payments and smooth rent management.

What we do as your Meridian property manager

Tenant Solicitation
Screening Tenants
Tenant Placement
Property Inspections
Perform move-in/out and periodic inspections
Keep clients informed of the property condition
Effect preventative maintenance services per your instruction
Contract independent vendor services on property owners’ behalf
Initiate service on vacant or occupied Meridian rental property
Address tenants’ concerns
Routine Maintenance Supervision
24/7 emergency service availability
Administer tenant deposits
Enforce all lease terms
Cash Flow Accounting
Provide monthly detailed financial reporting tools including copies of actual invoices
Electronic banking and bill pay services
Provide 1099 tax reports and year-end profit and loss statements

Benefits of using RMA as your Property Management Company

The most experienced property management company in our rental market
Focus on communication and customer service for clients
Monthly newsletters for clients and tenants to keep them informed
Preferred vendor relationships ensure timely turnover and quality work
Stable Employees. Collective RMA employment of 124 years between 9 staff
Excellent staff-to-door ratio
Continuously seeking improvement to property Meridian property management services and systems for the benefit of the Owner.

Meridian Property Marketing

Our Meridian property management business attracts qualified tenants by advertising on all the most popular national and local websites, helping to ensure consistent rent payments for the properties we manage. Data collected indicates that ads strategically placed on national tenant solicitation websites are the most successful form of media advertising for securing rent-ready tenants for these properties.

Professional signage is a valuable marketing tool and is placed on investment properties to advertise vacancies and attract tenants who are ready to pay rent.

Our Meridian property management team has established professional networks with major employers and government agencies. We work closely with these professionals to assist them with housing needs for their clients and employees, ensuring we manage rent transitions smoothly and efficiently and effectively manage our properties.

Our Meridian property management team maintains an internet website, rentalsinboise.com, which advertises current and upcoming vacancies.

Our Meridian property management firm also advertises on all the most popular national websites that expose vacant rental properties to tenants outside the Meridian rental market. Websites, in general, have become very powerful tools for presenting vacant properties to potential tenants.

Our website is viewed regularly by several relocation companies and large employers in the Treasure Valley, making it a key resource for those looking to move within or to the Treasure Valley area.

We maintain regular office hours, Monday – Friday 9am to 5pm. We have a secure system for afterhours drop off and pick up.

Our fully automated showing system, available 24/7 using email and text communication, guides prospective tenants through the process of home matching, preliminary qualifying, viewing the property, and encouraging feedback regarding the property. Approximately 80% of the people who we work with use our site to do advance screening of properties.

Data collected indicates a significant decrease in vacancies when utilizing this system.

Cash Flow Accounting and Financial Reporting

The proper property management of the Owner’s Meridian property necessitates comprehensive financial reporting of all transactions and rent collection. All Owner funds flow through a special rental trust account maintained by our property management team.

On the 25^th of the month (the following Monday if it is a holiday or weekend) our property management company closes accounting. On the 27th of the month (the following Monday if it is a holiday or weekend) Owners receive their rental income by ACH automatic deposit to their bank account and can view their owner statements online through the Owner Portal at our website. Copies of vendor invoices are also provided in pdf form on the Owner portal. Other reports are available at the landlords request.

Our property management company will pay from property funds all normal operating expenses; such as utility charges, maintenance expenses, HOA dues, advertising, and management fees. Accurate receipts of all expenses are kept in the RMA office.

Realty Management Associates will pay from investment funds all normal operating expenses; such as utility charges, maintenance expenses, advertising, and property management fees. As an Owner’s option, our property management firm will pay expenses, such as mortgage payments, taxes, and other assessments. Accurate receipts of all expenses are kept in the office.

1099 reporting is filed with the IRS on all taxable income collected on behalf of the Owner. All vendors receiving compensation from the property account will receive 1099 statements.

Maintenance Supervision

Protecting the value of the investment is a common goal shared by both RMA and the Owner. One of the primary goals of our property management company is to obtain quality professional maintenance services at competitive prices, to maintain the Meridian property in a clean and habitable condition.

RMA uses a work-order system to schedule and supervise all property maintenance. RMA’s efficient staff handles all required and preventative maintenance, using the most reliable workmen and tradesmen in the community.

Realty Management Associates responds to all emergency property maintenance requests in a timely manner. Non-emergency maintenance requests are processed to the satisfaction of the Owner and Tenant.

The Owner will be notified of maintenance requests performed, as per the terms of the Management Agreement.

Screening Prospective Tenants

Industry data show that a significant percentage of all applicants will not qualify as potential tenants. Realty Management Associates, alongside any experienced real estate agent, property manager, or property investors, knows it is much better to have a vacant property than a problem tenant! Performing a tenant screening is one of the most important Meridian property manager services provided by RMA. A complete and thorough tenant screening and background check of all potential tenants help to ensure that illegal activities do not take place on rental properties managed by Realty Management Associates. With this service, you can rest easy knowing the lease agreement will be respected and monthly rental payments will be consistent.

Each potential Tenant must have a credit report completed before being considered for tenancy. The tenant must complete an Application for Residency, which permits Realty Management Associates to run a credit report and ensure the tenant’s ability to pay rent. A national credit reporting service provides the applicant’s credit history quickly and accurately, helping to confirm they can consistently pay rent. The potential tenant is responsible for the application fee.

Tenants are required to produce verification of employment by submitting W-2 statements, pay stubs, and/or tax returns. Our property management company requires the most recent two-month bank statements, to verify legitimate lifestyle and normal cash flow.

Past landlord experiences for the preceding two years are verified by a Realty Management Associates staff member. If a prospect has been a homeowner, mortgage payment history and a real estate broker are excellent references. When possible, an onsite inspection of the Tenant’s current residence is also conducted.

After the successful completion of the application process and tenancy approved by Realty Management Associates, a lease/ rental agreement is executed with the Tenant on behalf of the Owner. Our property management team will administer the terms and conditions of said lease/rental agreement.

Property Inspections

Each rental property is thoroughly inspected during vacant periods, and the condition of the investment property is well documented with photographs and extensive notes. These property inspections are necessary when holding the tenant accountable, and also insure that maintenance issues are easily identified and completed.

Routine drive-by inspections are conducted periodically by your property manager to identify any potential issues. When obvious violations of the rental agreement are identified, a complete walk-through inspection is scheduled. The frequency of exterior property inspections increases during the summer months and during vacant periods.

It is the policy of our Meridian property management firm to make an introduction to several neighbors; this facilitates a mini neighborhood watch. The neighbors appreciate our concern for the investment property and are eager to report any apparent issues. Our vendor staff is another valuable source of Meridian rental property inspection. These individuals are instructed to report any known rental violations or potential problems immediately to RMA.

Meridian, ID Area Information

Meridian rental property maintenance and tenant screening service for landlords

The town of Meridian was established in 1891 on the Onweiler farm north of the present site and was called Hunter. Two years later an I.O.O.F. lodge was organized and called itself Meridian because it was located on the Boise Meridian and the town was renamed. The Settlers’ Irrigation Ditch, 1892, changed the arid region into a productive farming community which was incorporated in 1902.

Meridian was incorporated in 1903. The information in the following sections (Irrigation, Village, Rail Transportation, and Creamery) is found on the displays in the Meridian City Hall Plaza. Source From Wikipedia

Areas We Serve

We offer our property management services in Eagle, Kuna, Middleton, Nampa, Star, Caldwell, Boise, and in many other areas of Idaho.