Services

Property Management Services

We provide the critical roles of collecting rents, handling repair requests, serving as the singular point of contact, and being the boots on the ground.

Onboarding

Make-Ready for Leasing
After a property is acquired, it must be prepared for occupancy.

Property Management Portal
Iron Oak Commercial Management, LLC offers online access to property records to both owners and tenants via a property management portal.

Repairs, Maintenance, & Accounting

Maintenance
The tenant generally has a responsibility to maintain the property and prevent damages, and the property owner has general responsibility to maintain the premises in accordance with the lease agreement.

Accounting
Iron Oak Commercial Management electronically invoices the tenant on the 25th day of the month for the next month’s rent, which is due on the first day of the month. In addition to invoices for monthly lease payments, Iron Oak also invoices the tenant for applicable maintenance charges and late fees, if any occur.

Repairs
As property manager, Iron Oak Commercial Management will respond to repair requests by tenants and will also initiate repairs based on initial or periodic inspections of the property.

Property Inspections, Tenant Disputes, Evictions, & Lease Terminations

Property Inspections
Periodic property inspections will be completed to ensure that the property is well-maintained. Air conditioning filters are inspected to ensure that the tenant is replacing them on a scheduled basis, and any repair issues are discussed with the tenant. Any problem areas will be photographed, and remedies will be discussed with the tenant.

Evictions and Disputes with Tenants
In the event a dispute arises with the tenant over late payments, unpaid rent, unpaid maintenance charges, or any other breach of the lease, Iron Oak will engage in enforcement action to correct the situation.

Termination of Lease
The lease terminates at the election of the tenant or property owner upon providing notice before the end of the lease or any renewals, as identified in the lease.

Service Fee Schedule
The fees associated with our property management services are broken down into several areas:
1. Management Fees
2. Repair Oversight
3. Eviction

Summary

Iron Oak Commercial Management, LLC provides property management services to care for and maintain the investment of the property owner. The ownership of rental property can be rewarding, if it is managed properly using established standards for managing real estate.