Our number one concern is protecting your investment and making you money.
At Cobalt, we believe that real estate investing should not only be stress-free, but attainable for everyone. Our owner-focused method provides the real time support and communication you need, paired with our efficient systems to ensure your asset is protected and continues to increase in profitability over time.
Here’s How We Do It:
We Never Charge Leasing Fees
The going rate for leasing fee is one month’s rent. That’s 1/12 of your income right out the door. Our efficient leasing process ensures the placement of high-quality tenants without the need for unnecessary steps that cost you time and money.
We Utilize a Comprehensive Screening Process for Potential Renters
Past performance is indicative of future results. We don’t just look at a tenant’s credit report and verify income. Instead, we’ve implemented a multi-step process, where we contact previous landlords for detailed references, validating the identity of both the tenant and landlord. We then check public records for past judgements and convictions. Finally, we run all the information, including the applicants credit report and background, through our algorithm (termed The Matrix) to ensure a fair and equitable determination across the board for all applicants with no guess work involved.
We Inspect Every Home, Every Year
We protect your bottom line by not only doing preventative maintenance checks every year, but by looking for and documenting damage caused by tenants. We then repair the damage right away and bill back the tenants. This cuts down on high turnover costs, and the need for drawn out collections when the tenant moves out. Additional inspections are available throughout the year upon request, and our maintenance system ensures that staff visit your property every few months,
We Send Payments Electronically
At the end of rent week we send your money electronically. No waiting for or cashing checks. The money is there like clock work.
We Guarantee You’ll Never Again Get Stuck with a Huge Utility Bill
We bill tenants for water and other utilities as part of rent, as opposed to hoping tenants pay the city or utility company themselves. It they fail to pay us for the utility bill, they are charged a late fee for non-payment of rent. You collect the late fee and ensure the bill is getting paid all at once.
We Document Everything
Seriously! Everything! Our written communication policy requires tenants to communicate with us regarding rent and their lease through their online tenant portal, linked to our management software. This avoids confusion and he-said-she-said back and forth, and resolves disputes quickly, should they arise. In the rare event that an issue is brought to court, all written documentation can easily be presented…. those with the most documentation rarely lose.
We Require Tenants to Carry Liability Insurance
If tenants fail to provide documentation for their own renter’s insurance policy upon move-in, we enroll them in our Landlord Liability Policy, ensuring that in the event that major damage is caused by a tenant’s negligence, your asset is covered.
You Can Start Working with Us for FREE
There are no on-boarding fees. We’ll set up all your tenants and their leases in our system for FREE, and get your money rolling in quickly.
We File Your CRP for Free
We generate and distribute the state-required Certificate of Rent Paid forms to all tenants at tax time without any additional cost to you…. because we know you have better things to do.
And We Do Everything Else, Too
Of course, we do everything else you’d expect a full-service property management company to do!
- Rent collection
- Maintenance coordination
- Tenant communications
- Bill pay
- Lease management
- Timely reporting to you
Our Guarantee for Just $95/month
If within six months we haven’t made you completely, insanely more happy that you invested in real estate, we encourage you to evict us. No strings attached. Just kick us to the door and we’ll do whatever we can to make the transition easier.
All of this for just $95/door per month.
