Rental Investment

If your property is rented:

Before renting, Barnes helps you select the right tenant by checking his profile and history. We are looking for the presence of a possible criminal record and check the capacity of the person to repay his debts, via the credit history. An income sufficient to pay the rent with a good ‘credit score’ and a blank record are the criteria for accepting an offer or not. No other criteria should be taken into account, at the risk of being exposed to the ‘Fair Housing Act’.
When the tenant has moved in, Barnes becomes his privileged interlocutor by managing his various requests. We take care to enforce the terms of the lease and collect on time the rents for the owner. We organize and coordinate the maintenance of the property and the repairs that are the responsibility of the owner, with the help of a team of professional providers in each area, selected for its professionalism, and regularly put in competition to ensure you the best quality- price. 

No major repairs are made without the prior written agreement of the owner, with presentation of different competitive quotes.

For example, it is very important in Florida to regularly maintain air conditioning systems, which are as necessary as heating systems in France. The maintenance of the household appliances is part of the responsibility of the owner since it is rented with the rest of the property.

The rules that define the responsibilities between the tenant and the owner are clearly defined in the lease (or ‘lease’ in English); this is why it is very important that it be established by a real estate professional (‘Realtor’). Barnes also makes sure that the lease protects you as the owner. 

In case of dispute with tenants or non-payment of rent, Barnes takes care to strengthen the terms of the contract with the legal assistance of real estate lawyers partners, or even to initiate eviction procedures if necessary. 

Barnes deals with the various repair and maintenance invoices, with the money collected from the rents. This working capital kept on the Barnes account is also used to pay the expenses related to the property such as monthly condominium fees, property taxes, property insurance, loan repayment, etc.

Barnes has developed a secure, unique proprietary platform exclusively for its customers. You can follow online the evolution of your property account at Barnes, and make a transfer request to personal or professional bank account.

In the event of major damage (leakage, flood, fire, etc.), Barnes immediately begins to launch and coordinate the insurance declaration procedures, in collaboration with an insurance adjuster, a person specializing in relations with insurance companies. , who works in your interest to make sure you get the most out of your insurance policy.

We then coordinate the payment by insurance and repairs, step by step, and this, in compliance with the rules and regulations imposed by the codes and regulations of the city and your ‘homeowner association’ (co-ownership).

Finally, at the departure of the tenant, our teams perform the inventory of fixtures and ensure that the property is in the same conditions as the state of entry, less the usual wear (‘wear & tear ‘). In the opposite case, the responsibilities are established between the tenant and the owner and Barnes will retain the expenses of restoration on the deposit of the tenant, previously preserved on the escrow account of Barnes.