Finding Qualified Tenants
Advertising is often placed in Deseret Morning News, Salt Lake Tribune newspapers, Rental Searchers. A leasing sign is placed on the property.

Tenant Background Checks
One of the most valuable services performed is checking tenants' backgrounds. Credit, employment, criminal, and financial status are reported through Credit Data Southwest and TRW. The staff calls current and past landlords and employers for verification information..

Property Inspections
To protect the owner's investment, SLI Properties arranges inspections of the property before and after the tenant moves in. In addition, inspections are made during tenancy as needed. Photos and a written report are arranged, plus each tenant completes a move-in report to insure a proper record of the property's condition.

Maintenance Repairs
To keep owner maintenance costs to a minimum, tenants are directed in the lease to pay for minor repairs. Also, SLI Properties provides company insured handymen at reduced rates. In addition, licensed contractors are called to make repairs on major air conditioning, heating, electrical, and plumbing repairs.

Negotaiting Lease Rates
Rent rates are negotiated to the highest possible level depending on market conditions, quality of the tenant, length of leases, type of property, and the time of year. Although a tenant may offer a certain rent rate, staff often must negotiate a higher rate due to the circumstances. Setting proper rental rates and maintaining a strong marketing effort has allowed us to exceed a 95% occupancy rate!

Preparing a Lease
SLI Properties will prepare a lease agreement that will include all addendums and disclosures required by law in order to properly secure your tenant prior to occupancy.

Inspection Prior to Occupancy
A thorough and detailed inspection of your property immediately prior to occupancy will accurately document condition of your property prior to tenant taking possession. This inspection will include digital pictures of interior and exterior of your property.

Rents And Deposits
Rents are sent to the property owner monthly unless an expense prevents mailing all funds. Since most property owners keep a $400 reserve fund for expenses in the trust account, tenant deposits are sent to the owner to use until the tenant moves. Tenants who have not paid their rent by the 5th of the month are sent a late notice. Although evictions are rare, SLI Properties will normally arrange the removal of a tenant from the property within 30 days should the rent not be paid in a timely manner.

Monthly Reports
Property owner checks and computer-generated statements are mailed prior to the end of every month. An annual end-of-year accounting is provided to each property owner for tax reporting. Property owners should check with their accountant to verify the tax advantages when owning rental property. Monthly rental sales tax reports are arranged for property owners, as most cities in Utah require them to be submitted. In addition, other required reports are prepared for several government agencies.

Year End Statement
A statement will be prepared and sent at the end of each calendar year. This statement will categorize all income and expenses throughout the previous year. Your accountant will surely thank you for this.

Semi-Annual Inspections
Two times per year our certified home inspector will conduct a thorough inspection of your home. This inspection will include changing or cleaning your furnace and A/C filter, checking all smoke detectors and documenting the condition of your property along with any maintenance issues. A detailed written report will be mailed or e-mailed to you. Digital pictures will be included upon request. Premium Properties will coordinate any work per your request.

Exit Inspections
Once your tenant has vacated your property a detailed exit inspection will be performed. Condition of your property will be documented. Any damage by tenant will be noted and once again digital pictures will be taken. Initial inspection and pictures will be referenced in order to properly disburse your tenant’s security deposit.