Rental Property Management
Services in Rio Rancho

BDR advertises all of our rental listings in the MLS (multiple Listing Service) and pays a referral fee to real estate brokers who refer a tenant for one of our properties. We also syndicate our rental listings on over 100 rental and real estate websites such as Trulia, Zillow, and Realtor.com. All our rental listings are shown on a number of company websites and showings can be scheduled from the websites.

We use a 6 point process to screen tenants and we have a strictly enforced application approval policy to ensure compliance with all local and federal Fair Housing and anti-discrimination laws. We use a service to access local and national criminal databases, credit score and history, and eviction history. Our leasing specialist contacts the current employer to verify employment as well as the current landlord to verify payment history. We check sex offender websites as well.

BDR has a list of approved vendors we use for all maintenance requests. Our vendors are licensed as required by state law and have been through an application process with us. At a minimum we require an insurance policy with workers comp, references, and copies of any licenses. We have a list of plumbers, electricians, general contractors, landscapers, HVAC specialists, general handyman services, painters, and flooring vendors we use regularly.

For property inspections, a BDR manager will conduct an inspection of the outside and inside of the home. Any repairs needed will be noted and work orders will be placed. If any repairs are due to tenant neglect or are the responsibility of the tenant, those will be billed to the tenant. A copy of the inspection report is available to owners in their portal complete with photos.

Rental income and expenses are accounted for every month and statements are available to the owner by the 20th through the website portal. If rents are paid on time and funds clear the bank, an owner can expect to receive the funds minus property management fees and any other expenses by the 15th of each month.

We provide 1099s and a year to date accounting report by January 31st of every year for our owners to complete their taxes. Copies of all the invoices that are paid are in the owner portal for your records.