Plans and Pricing Information
The only difference between the two plans is how pricing is structured.
The Cash Flow Plan has a lower monthly management fee, and additional work is paid for as it occurs.
The Predictable Plan has a slightly higher monthly management fee, and it includes or reduces other fees for more predictable planning.
Leasing Only
Tenant Placement Only- Setup Fee = $300
- No Ongoing Management FeesLeasing Fee = 1 month’s rent ($2,000 minimum)
- Rental Property Market Analysis
- Property Advertising (includes pictures and walking tour video, website listing on BPM’s website and 25+ rental property advertising websites)
- Weekly Property Advertising Metrics
- Property Showings (includes potential application prescreening)
- Tenant Screening and Selection (includes background checks to verify identity, income, credit history, rental history, etc., applicant pays rental application fee)
- Pet Screening and Service/Emotional Support Animal Documentation
- Tenant Leasing (includes lease signing, security deposit collection, first month’s rent collection)
- Tenant Handoff to Client (provide leasing documents (minus screening information), security deposit and funds remaining from first month’s rent after leasing fee balance deducted)
- Client Representation Ends (once funds and leasing documents are provided to client)
Full Service Management
Cash Flow Plan- Setup Fee = starting at $275
- Monthly Management Fee = starting at 7.9%* ($150 minimum)
- Leasing Fee = 50% one month’s rent (minimum $850)
- Lease Renewal = $250
- Project Management Oversight = 10% on all maintenance/capital improvements (excludes planned preventive maintenance and work by related maintenance company)
- Full Trust Accounting Compliance
- Legal Compliance (federal, state and local)
- Pet Promise** (up to $1,500 for pet damage beyond the security deposit, see PMA for details)
- Tenancy Promise** (next leasing fee is on us if the resident breaks the lease, including eviction, in the 1st 12 months, excludes military orders, see PMA for details)
Services Included
Included services are the same as the Predictable Plan. The only difference between the two plans is how pricing is structured.
Leasing
- Rental Property Market Analysis
- Property Advertising Photographs
- Property Video Walking Tour
- Property Advertising
- Weekly Property Advertising Metrics
- Potential Applicant Prescreening
- Property Showings
- Applicant Screening and Resident Selection
- Pet Screening and Service/Emotional Support Animal Documentation
- Leasing Signing and Security Deposit
- Documented Property Move-in Condition Assessment
Management
- Technology (lots of it)
- Property Management Software with client and tenant portals
- Rent Collection
- Client/Owner Draw Disbursement via ACH
- Emailed Monthly Rental Owner and Income Statement Reports
- End of Year Tax Statement and 1099 Filing
- Handle Evictions
- Documented Periodic Property Assessments (billed separately, one required per year, second one optional)
- Handle Resident Repair Requests and Coordinate Maintenance and Repairs
- Pay Maintenance and Repair Bills from Owner Funds
- Full Trust Accounting Compliance
- Utility Coordination
Post Tenancy
- Coordinate Tenant Move-Out
- Documented Property Move-out Condition Assessment
- Prepare Property for New Resident
- Security Deposit Settlement
- Record Retention per SC Law
Additional Plan Information
- Properties Managed in accordance with Bluewater Property Management Policies
- 24/7 Emergency Maintenance Support for Residents
- All Maintenance Completed by Bluewater Property Management Approved Vendors
- Pets Approved for all Properties (varies for multifamily)
- HVAC Filter Delivery Program for Residents, included in Resident Benefits Package
- Optional Preventive Maintenance Programs
Full Service Management
Predicable Plan- Setup Fee = starting at $275
- Monthly Management Fee = starting at 10.9%* ($207 minimum)
- Leasing Fee = 35% one month’s rent (minimum $665)
- Lease Renewal = waived
- Project Management Oversight = 10% on all maintenance/capital improvements over $750 (no project oversight on projects under $750) (excludes planned preventive maintenance and work by related maintenance company)
- Full Trust Accounting Compliance
- Legal Compliance (federal, state and local)
- Pet Promise** (up to $1,500 for pet damage beyond the security deposit, see PMA for details)
- Tenancy Promise** (next leasing fee is on us if the resident breaks the lease, including eviction, in the 1st 12 months, excludes military orders, see PMA for details)
Services Included
Included services are the same as the Cash Flow Plan. The only difference between the two plans is how the pricing is structured.
Leasing
- Rental Property Market Analysis
- Property Advertising Photographs
- Property Video Walking Tour
- Property Advertising
- Weekly Property Advertising Metrics
- Potential Applicant Prescreening
- Property Showings
- Applicant Screening and Resident Selection
- Pet Screening and Service/Emotional Support Animal Documentation
- Leasing Signing and Security Deposit
- Documented Property Move-in Condition Assessment
Management
- Technology (lots of it)
- Property Management Software with client and tenant portals
- Rent Collection
- Client/Owner Draw Disbursement via ACH
- Emailed Monthly Rental Owner and Income Statement Reports
- End of Year Tax Statement and 1099 Filing
- Handle Evictions
- Documented Periodic Property Assessments (one per year included, second assessment is optional and billed separately)
- Handle Resident Repair Requests and Coordinate Maintenance and Repairs
- Pay Maintenance and Repair Bills from Owner Funds
- Full Trust Accounting Compliance
- Utility Coordination
Post Tenancy
- Coordinate Tenant Move-Out
- Documented Property Move-out Condition Assessment
- Prepare Property for New Resident
- Security Deposit Settlement
- Record Retention per SC Law
Additional Plan Information
- Properties Managed in accordance with Bluewater Property Management Policies
- 24/7 Emergency Maintenance Support for Residents
- All Maintenance Completed by Bluewater Property Management Approved Vendors
- Pets Approved for all Properties (varies for multifamily)
- HVAC Filter Delivery Program for Residents, included in Resident Benefits Package
- Optional Preventive Maintenance Programs
* Due to additional regulatory compliance requirements, properties built prior to 1978 will have an additional 2% added to the monthly management fee, so for the Cash Flow Plan, the monthly management fee would be 9.9% ($190 minimum) and for the Predictable Plan, the monthly management fee would be 12.9% ($255 minimum). All other fees would remain the same as listed.
** Promises and all other services listing are based on company policies as detailed in the management agreement and addendums, client handbook, company handbook and other associated documents.