Residential rental service refers to the process of renting out residential properties, such as apartments, houses, or condominiums, to tenants for a specified period In exchange for a rent payment. The rental service may be provided by individual property owners, property management companies, or real estate agents. Here are some key points that summarize residential rental service: Residential rental service involves renting out properties to tenants for a specified time. The rental service may be provided by property owners, property management companies, or redl estate agents. Tenants pay rent to the property owner or manager in exchange for use of the property. Rental agreements may include terms related to the duration of the lease, rent payment amount, security deposit, and other conditions. Property owners or managers may be responsible for maintenance and repairs of the property, while tenants are responsible for maintaining the cleanliness and upkeep of the property during their tenancy. Residential rental service may also Involve screening potential tenants, handling lease agreements, and managing tenant complaints or disputes. How Does It Work? Owner acquisition Acquiring new properties to manage in a residential rental service. Tenant acquisition Finding and securing suitable tenants for a rental property. Step 1 The owner contacts Zoltan Properties representative and authorizes them to rent out the property on the house owner's behalf Step 2 The owner hands over keys and relevant property documents to the Zoltan representative after executing the agreement. Step 3 Zoltan hunts for tenants—the ones working with MNCs and looking out for a house on rent from their pool or through their social media marketing platform Step 4 Once the tenant is finalized, Zoltan offers background verification of the prospective tenant and gather proof of employment from the prospective tenant Step 5 After the background verification, Zoltan prepares the contract agreement to be signed by both the owner and the tenant Step 6 The tenant transfers monthly rent to the owner's account. Zoltan continues to maintain the property till the end of the lease based on a monthly fee agreed What do we offer? Background verification. Posting and Publishing in multiple channels, including our rental portal and social media Connect with prospective tenants from our existing database and market. Agreement registration. Facilitate move-in/out. Collection of security deposit and Ist rent Our Services Property Management Services: This can include tenant screening, rent collection, maintenance and repair, property inspections, and eviction management. Tenant Placement Services: This involves finding suitable tenants for the property, including advertising vacancies, conducting property viewings, and screening potential tenants. Lease Administration: This involves drafting and enforcing lease agreements, handling renewals and terminations, and dealing with any legal issues related to the lease. Marketing and Advertising: This involves promoting the property through various channels, such as online listings, print ads, and signage. Financial Reporting: This involves providing detailed financial reports to property owners, including income and expense statements, rent rolls, and tax information. Customer Service: This involves providing responsive and effective customer service to both property owners and tenants, addressing any issues or concerns promptly and professionally.
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Adress: 6-9-89, 2nd Floor, Near Best Price, Opp Pillar No.270, Attapur Road, Shivrampally, Hyderabad – 500052