Think property management is expensive?

Lake Norman Property Management

We Can Help Manage Your Lake Norman Rental Property

LOST RENT PROTECTION PLAN - This Optional Plan provides for up to 8 weeks of lost rent coverage if any of the following occur: Tenant vacates before lease termination, Tenant is evicted or The Tenant dies.

$100,000 ASSET PROTECTION PLAN -  This plan provides up to $100,000 in coverage for accidental, tenant-caused damage to your property. This is provided at no cost to you for all tenants we place.

TURNOVER COST PROTECTION PLAN - This unique plan covers a large percentage of your costs when the home needs to be “turned-over” between residents. In fact, in many cases, you will spend no money on turnover work under this plan. 

MAINTENANCE PROTECTION PLANS - Many of our clients would like to have a home warranty on their rental properties. Unfortunately, these plans simply do not work well with rental properties, mainly due to the length of time it takes to get the issue resolved. We offer these maintenance protection plans to solve this problem. Under these plans most work up to $1,200 is covered by Alarca. 

FULL FUNDS DISBURSEMENT GUARANTEE - We believe our clients should receive ALL of their proceeds each month. Unlike most firms, we don’t hold a regular maintenance reserve (typically $500-$1,000). So you’ll get all of your funds every month.

RAPID FUNDS DISBURSEMENT GUARANTEE - Many firms hold your funds until the end of the month before they send them to you. We believe our clients should get their funds as quickly as possible. As such, we disburse our funds on the 11th of each month (the NC Real Estate Commission requires us to ensure the funds have cleared the bank, or we’d send them even earlier!)

21 DAY LEASING GUARANTEE - Vacant properties are the largest cost to a landlord. We guarantee that we can secure a tenant for your home within 21 days of marketing it. If not, we will waive your first month's management fee.

12 MONTH TENANT GUARANTEE - Almost any property manager can fill your house quickly. But what if the tenant defaults on their commitments? At Alarca, we're so confident in our screening process that if a tenant defaults during the first year, we'll waive our leasing fee to secure a new tenant.

PET DAMAGE GUARANTEE On all new leases, Alarca charges a monthly Animal Administrative Fee to the tenant and provides a $1,000 Animal Protection Guarantee at no additional expense to you. For only $9 per month you can increase your Animal Protection to $5,000!

NO COST CLEANING GUARANTEE- Other than any initial cleaning and carpet cleaning that may be needed (or touch up cleanings just prior to a tenant moving into your home) you will never incur these costs again! Why? Because we charge the tenants a separate cleaning and move out fee that covers the cost of normal cleaning and carpet cleaning for you. We do this because, under NC Landlord Tenant Law we can’t withhold these costs from their security deposit. This is just another way we increase your investment return.

We offer Eviction Protection for only $15 per month. This service offers peace of mind and eliminates the extra Eviction costs for you. We will cover all of the filing fees, attorney fees and attend court at no additional cost to you. This may not be available for our percentage based plan clients, but please ask if you’re interested.

2019 SERVICE PLAN COMPARISON GRID

	Bronze Plan	Silver Plan	Gold Plan	Ultimate Plan
Monthly Management Fee	6% / $75	8% / $99	10.5% /$149	$249
Leasing Commission - New Tenants	Half Month’s Rent*	Half Month’s Rent*	Half Month’s Rent*	NO COST!
$100,000 Asset Protection due to tenant damage**	Included	Included	Included	Included
Full fund disbursement (No reserve held)	Included	Included	Included	Included
No cost cleaning and carpet cleaning	Included	Included	Included	Included
$1,000 Animal Damage Protection	Yes	Yes	Yes	Yes
$5,000 Animal Damage Protection ($9 per month)	Optional	Optional	Optional	Included
Owner funds sent on the 11th of each month	No	Yes	Yes	Yes
Twelve Month Tenant Warranty	No	Yes	Yes	Yes
Lost Rent Protection (up to 8 weeks)	N/A	3%/$35	Included	Included
Move-in / Move Out reports with 360 degree photos	$55	Included	Included	Included
Annual Property Assessment to identify lease violations and maintenance issues(with photos)	$125	Included	Included	Included
Renewal Commission	$150	$99	Included	Included
Maintenance Coordination (per work order)	$25	$25	Included	Included
Utility Management Fee (vacant properties)	$45	$45	Included	Included
Eviction Protection Program ($15 per month)	Maybe	Available	Included	Included
Turnover Cost Protection (Optional)***	N/A	4% / $80	4% / $80	4% / $80
Maintenance Protection Plan (Optional)***	N/A	2% / $40	2% / $40	2% / $40
Appliance Protection Plan (Optional)***	1.5% / $30	1.5% / $30	1.5% / $30	1.5% / $30
Maintenance & Appliance Protection (Optional)**	N/A	3% / $60	3% / $60	3% / $60

Lake Norman Area Information

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Lake Norman is fed by the Catawba River, and drains into Mountain Island Lake to the south. It was named after former Duke Power president Norman Atwater Cocke. Lake Norman is sometimes referred to as the "inland sea" of North Carolina; it offers 520 miles (840 km) of shoreline and a surface area of more than 50 square miles (130 km2). Full pond at Lake Norman is 760 feet (230 m) above mean sea level. Interstate 77 and North Carolina Highway 150 cross Lake Norman at different points. Lake Norman ranks as the largest man-made lake in the state of North Carolina and was created in 1963. Lake Norman offers numerous attractions to explore. From Lake Norman, you may enjoy the ease of traveling anywhere in the state. It is just north of Charlotte, and the mountains and coast are only a short drive away.

Areas We Service

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• Charlotte
• Mooresville
• Huntersville
• Davidson
• Cornelius
• Lake Norman
• Ballantyne
• Cotswold
• Dilworth
• Elizabeth
• Myers Park
• NoDa
• SouthPark
• Uptown
• Concord
• Pineville
• Matthews
• Kannapolis
• Statesville
• Troutman
• The Point
• The Peninsula
• Highland Creek
• Skybrook
• Plaza-Midwood

Counties We Service

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• Catawba County
• Cabarrus County
• Gaston County
• Iredell County
• Union County
• Mecklenburg County