KNR Property Management’s standard fee structure includes a $1,100 new tenant placement fee when we market the property, screen applicants, prepare the lease, and place a new tenant.

Once a tenant is placed, the ongoing management fee is generally 8%–12% of the monthly rent, depending on the property type, number of units, portfolio size, location, and level of service required.

If the existing tenant renews the lease, there is a $600 lease renewal fee. This covers the administrative work involved in preparing the updated attorney-written lease, updating our systems and records, processing the renewal, and completing the related office work.

If the tenant does not renew and KNR must market the property and place a new tenant, the new tenant placement fee applies instead of the lease renewal fee.

Our services may include rental marketing, tenant screening, lease preparation, rent collection, maintenance coordination, property inspections, emergency calls, owner accounting, tenant communication, and lease renewal administration, as outlined in the property management agreement.

Because every property and portfolio is different, we review the applicable fees and services with each owner before moving forward.

KNR processes owner distributions after tenant payments have been received, funds have cleared, property expenses and management charges have been processed, and the required property reserve has been maintained.

Owner ACH distributions are generally processed in batches between the 8th and 15th of the month, with additional distributions processed later when appropriate.

The timing and amount of an owner’s payment can vary depending on tenant payment timing, returned payments, maintenance expenses, vendor invoices, property reserves, and other account activity.

Owners can review statements and property financial information through the online owner portal.

We will get back to you in a maximum of 2 business days.

Yes. KNR markets rental properties, responds to prospective resident inquiries, coordinates showings, processes applications, and screens applicants using established rental criteria and applicable fair housing laws.

Depending on the property and qualification requirements, screening may include income verification, credit history, rental history, eviction history, background screening, and identity verification.

No screening process can eliminate every risk, but our goal is to apply consistent standards and help owners make informed leasing decisions.

We know and adhere to the latest local, state, and federal legislation that applies to renting and managing rental properties.

If you are interested in a property, but unable to lease i.t right away, we will hold it for 7 days with a $500 nonrefundable fee. Once you begin your lease, that hold deposit will then become your security deposit

Residents can submit maintenance requests through KNR’s property management system, allowing our team to document the issue, communicate with the resident, coordinate vendors, and maintain records of work performed.

Requests are reviewed based on the nature and urgency of the problem.

For non-emergency repairs, KNR follows the authorization limits and procedures established in the property management agreement. When a repair exceeds the owner’s authorization limit or involves a significant property decision, we communicate with the owner before proceeding whenever circumstances allow.

Emergency situations may require immediate action to protect residents and prevent additional property damage.

The property is for rent “as is,” meaning that the owner is happy with the way their property looks. If a tenant feels inclined to make improvements at their own expense, we can facilitate a conversation with the owner for permission.

KNR monitors rental payments and follows the lease, property management agreement, and applicable landlord-tenant laws when rent is not paid on time.

Depending on the circumstances, this may include resident communication, lease-authorized late fees, required legal notices, communication with the property owner, and coordination with an attorney or eviction service when necessary.

Because each situation is different, we cannot guarantee a specific legal outcome or timeline. Our role is to document the account, communicate with the owner, and take appropriate action under the lease and applicable law.

KNR documents the visible condition of the property during the move-out process and compares it with available move-in records, inspection reports, photographs, lease terms, and other documentation.

Tenant-caused damage may be charged against the security deposit when permitted by the lease and applicable law.

Normal wear and tear is different from excessive cleaning, missing items, unauthorized alterations, neglect, or tenant-caused damage.

If repair costs exceed the security deposit, the owner may have additional options for pursuing the balance. KNR may recommend legal advice when the amount or circumstances warrant it.

KNR combines local market experience with hands-on property oversight and structured management systems.

Our team manages both traditional residential properties and a significant student housing portfolio in the Gainesville market.

We believe professional property management requires more than collecting rent and dispatching maintenance requests. It requires regular property inspections, consistent communication, detailed documentation, effective leasing strategies, responsible maintenance coordination, accurate accounting, and a team that understands the local rental market.

KNR's goal is to protect our owners' properties, provide fair and professional service to residents, and build long-term relationships with the people who trust us to manage their investments.

Meet KNR Property Management

The first step is a conversation about your property and your goals.

We will want to learn about the property's location, type, current occupancy, rental history, maintenance needs, existing leases or management agreements, and what you are looking for from a property management company.

From there, we can discuss whether KNR is a good fit for your property and explain our services, fees, management process, and next steps.

Call us at 352-213-6410 or email info@knrpm.com