Are you signing up a residential property?   This form is strictly for residential properties; if you have a commercial property, please click here to complete the Commercial Property onboard form. Thank you!

It is vital that BPI is listed as additional insured on your insurance.  

There's another form in the owners hub, for you to complete, to add Bell Properties as additional insured.  This is vital to protect us, in case of incident.  We carry our own policies, but we need to be listed on your policy for our protection as well. 

Please complete the insurance form in the owners hub, to allow us to contact your insurance company and be added to your policy as additional insured.  

Deciding whether you are going ot be responsible for utilities, or have your tenants put them in their name, is a big decision for every owner.  It is vitally important for muti-unit properties, or buildings, that each unit has separte meters/billing capability before mandating tenants pay their own water, gas, electric, sewer, garbage and any other specific utilities.  Including utilities in the rental price can make your property more attactive and convenient, as it takes the responsibiilty off the tenant.  This is especially important for landscaping/gardners/pool care.  Your property will be better served to have BELL, your new management firm pay for Gardening and Pool service; than place the responsibility to tenants and not having proper care.                                                        

Best practices on which utilities, if any to include in the rental price vary by location and property type, but it's ultimately your decision as the property owner.   For multi-family properties that do not have separate meters, it's better to roll these costs into rent than to pro-rate based on any algorithm.  Flat fee utilities must be based on actual expense.   For more information on this important decision, please call your property manager. 

UTILITY ALLOCATION

Owner ALLOCATIONS: 

Utility Provider: Bell Properties Inc. requires all owners who would like the property’s utilities to be paid using funds procured from the rent must provide PM company with copies of bills and authorize them with the utility company.  There is an additional fee for paying utility bills, property taxes, and HOA fees, as well as coordinating home warranty or other warranty, or insurance claims.  Please discuss this fee with your property management professional. 

Owner ALLOCATIONS: 

Complete the sections below: Whether BELL is paying these bills on your behalf,

OR tenant pays, so that we can send these details to your future tenants.  

Making a determination as to whether to accept pets in your property, is an important issue.  

Denying pets will have an effect on market response and time to lease your property. As your Property Manager, we have a responsibility to ensure we discuss the effects certain decisions may have on your desired results.

Facts about Pets and Rentals

1) Over 58% of all renter households have pets in our area. This includes apartments.
2) This number increases when considering only houses and townhomes to over 75 %
3) Homes with 4+ bedrooms have a pet ownership exceeding 80%
4) Less than 10% of all applicants across all of our rental properties are non-pet owners!

How does this affect you as a Landlord?
1) If you choose to not allow pets, you are reducing your potential pool of renters by up to 80%,possibly more.
2) By working with 20% or less of the rental pool, your homes will take longer to rent.
While some No Pet homes get lucky and rent within a week the same as our pet friendly homes, the average is 6 weeks!
3) Since the homes sit on the market longer and appeal to less people, No Pet homes rent for an average 10% less than pet friendly homes

Let's do the Math!

______: Rent Collected over three years with one tenant with a pet

______: Rent Loss from five additional weeks of vacancy average for marketing as No Pet

______: Rent Loss over three years from reduced rent for marketing as No Pet

______: Total Income Loss by choosing No Pets

Consider that most pet damage extends to the flooring in just one or two rooms, a door or two, and some baseboards. In the unlikely case it all needed to be replaced brand new, does that equal more or less than your Income Loss? Do you expect the damage to occur with every tenant? If not, then average the damages over multiple tenants accordingly.

Why does Bell Properties, Inc have you read and sign this Disclosure?

1) Because if you elect No Pets, we are required to let you know how it may affect you financially. 

2) Because your home will likely rent for less and take much longer if you choose No Pets, Bell Properties, Inc., is informing you now so that you do not attempt to claim it's our fault that your home is not rented for the amount you believe you should get in the time you believe it should rent.

3) It makes very little to no difference to Bell Properties, Inc and it's agents whether you allow pets. Financially it's barely a blip on our radar. However, we care about you. We believe we are partners in your success. We want to make sure you've considered all possible factors. In the end whatever you decide is fine with us, because we will have the peace of mind that you have made the decision with all of the information available!

What does Bell Properties do to reduce the frequency & expense of possible Pet Damage?
1) Renters have to sign and agree to a full page of thorough Pet Rules when signing a lease.
If they violate any, they lose the right to a pet! See the Tenant Pet Addendum on the final page!
2) We verify pet information! All pets are screened through PetScreening.com at the potential tenant's expense.
3) We collect additional Security Deposit to help cover possible pet damage. This is on top of the regular security deposit, which can also be used to cover pet damage.
4) We limit it to two pets, which is the average amount of pets for most renters.
5) We check on the home regularly: Inspections every six months, reports from maintenance personnel during repairs, and our regular photo-documented inspections!
6) Bell Properties, Inc has never had a tenant owned pet do damage exceeding half of the held security deposit!

We of course cannot guarantee that will never happen. However, you already know Bell Properties, Inc., leads the industry for tenant quality. The best tenants tend to also make great pet owners, especially when they know we are checking on them!

Service Animals are not considered pets.  BELL partners with an outside vendor to vet all service animal requests.  Whether tenants have no pets, pets, or a service animal, they are required to complete the pet screening process.  To learn more about the pet screening process, please visit here.

To discuss pets and service animals, please connect with your property manager.  

Please sign and return this to Bell Properties, Inc. Failure to sign and return after you have requested No Pets will be deemed to be an acknowledgement of the Disclosure and acceptance of the possible results.

W9

Click here to receive a W9 form, complete it and upload it below.

Bell Properties, Inc

440 E Huntington Dr., Suite 300

Arcadia, CA  91006

626-317-0425     

The undersigned Landlord(s) acknowledge(s) having read and understood the foregoing: