Investors
Crown Realty Homes will help to alleviate the headaches that often accompany the ownership of property. Our company will be able to assist you with rental properties by developing individual property plans to meet your needs. 80% of our current investors are out of state owners who have entrusted us with their properties. By choosing Crown Realty Homes, you can expect a high level of customer service with unprecedented management of your real estate investments, bringing about the greatest return on your investment both during the holding periods And at the time of disposition.
Types of Properties We Manage:
Single Homes
Condos
Duplexes
Apartment Complexes
REO (Real Estate Owned by banks)
Put Our Expertise to Work for You
You want your residential investment properties to run smoothly, taking up as little of your time as possible, while bringing in maximum earnings & minimizing your headaches. Whether you own single-family homes, condominiums, townhouses or apartments, you can turn to Crown Realty Homes for exceptional management services you can trust. Our vast experience in managing absentee owner properties is our strong point when it comes to property management. Our knowledge of real estate sales also positions us to assist our clients with both acquisitions And dispositions.
Being part of one of Tennessee’s Premier Real Estate Companies, Crown Realty Homes makes it easy for investors to find properties And then find tenants. This one- stop shop for Real Estate Services makes your portfolio easier to manage & grow!
Maximize Your Investment Return with Crown Realty Homes
We constantly update our professional services through seminars, workshops And other continuing education, so we can give each property the attention it deserves. At Crown Realty Homes, we treat your property like our own.
Summary of Management fees
• Screen prospective renters to procure tenants.
• Inspect your property when vacant And also as needed during occupancy.
• Manage your tenants during occupancy.
• Work diligently to keep your property leased by qualified And responsible tenants.
• Sign lease agreements, extensions And other addendum relating to the leasing of your property.
Obligations of Crown Realty Homes to Owners
During our relationship, Crown Realty Homes will act as your liaison on all daily operations of your property And its lessees. Rest assured that your property will be cared for as if it were our own. With that in mind, here is what you can count on from us.
• Orchestrate utility services on your behalf.
• Collect rents, deposits, and fees for your property as contractually agreed.
• Disperse trust funds held on your behalf to reimburse service providers for completed work.
• Provide owner with monthly operating statements, net rent proceeds, and copies of any applicable invoices or documents.
• Conduct a 6-month check-up on your property during a one-year lease or check on your property every 6 months during the life of the lease.
In the end, our value comes in delivering expected returns and worry-free service to owners and investors and safe service to residents. You can count on Crown Realty Homes.
CROWN REALTY HOMES RENTAL QUALIFICATION & REQUIREMENTS:
TIER 1: Deposit = Monthly rental amount
Middle Credit score: 680+
Employment: Two years of continuous job history
Rental History : Two full years of verifiable & good rental history that includes no late payment of rent
TIER 2: Deposit = Monthly rental amount x 2
Middle Credit score: 580 – 679
Employment: Two years of continuous job history
Rental History : Two full years of verifiable & good rental history that includes no late payment of rent
TIER 3: Deposit = Monthly rental amount X 3
Middle Credit Score: Between 550 – 679
Employment: Two years of continuous job history
Rental History : Two full years of verifiable & good rental history that includes no late payment of rent
Substitution
- Qualified personal guarantor required (Guarantor must meet all qualification requirements of Tier 1).
- 1 month’s additional deposit for each criteria not met in Tier 1 above.
- 1 month’s deposit can be used to substitute each criteria not met as long as primary occupants have a middle credit score greater than 550.
Example
Credit score is 620 with criteria for employment And rental history not met:
- Applicant falls in Tier 2. Deposit is 2 months + 1 additional month for absence of rental history + 1 additional month for lack of employment history = 4 months deposit OR
- Applicant falls in Tier 2. Deposit is 2 months + Guarantor who meets Tier 1 criteria for absence of rental history + 1 additional month for lack of employment history = 3 months deposit + Guarantor
Rental homes we have available :