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Management Fee

(Monthly Fee)

(of collected rent)
No Gimmicks – Just Straight Forward Pricing

Placement Fee

(One-time Fee Per Tenant)

(of one months rent)
1 Year Lease
(of one months rent)
2 Year Lease
(of one months rent)
3 Year Lease

BOOMTOWN GUARANTEE: If our tenants breaks the lease you get a refund.

For more details click on the down arrow.

Phase 1: Pre-Marketing
Compile rental market intelligence report using MLS and internal rental comparable resources.
Conduct a 150-point pre-rental inspection report to determine marketability and suggestions to maximize rental potential.
Recommend property improvements to maximize rent and reduce time to turnover property in between tenants.
Identify and coordinate initial repairs as needed.
New listing pictures are almost always recommended even with minimal improvement to the property. Listing pictures are always included at no additional charge.
Advise on paint selections and industry best practices to expedite future turnovers.
Facilitate continuity of services for all utilities to avoid disruptions between leases.
Record owner preferred vendors and record all appliance model / serial numbers for warranty review before future repairs. This information also allows our appliance repair technicians to fix most appliances work orders in a single trip saving our owners the cost of a second trip charge.
Record dates and ensure compliance on all smoke / carbon monoxide detectors.
Facilitate licensure with the proper rental licensing authority.
Facilitate lead paint certification and registration.
Phase 2: Marketing
Syndicate to 30+ paid rental marketing websites at no additional expense.
Prospective tenants can give preferred times for showings online to expedite the process.
Prospective tenants have 24/7 access to start the qualification process using our proprietary automation tools for incoming requests. Boomtown even has a tool to provide automated responses for incoming calls 24/7.
Boomtown conducts pre-screening using self-reported information before showing our properties to prospective tenants. Pre-screening allows us to process the largest number of prospective tenants while allowing our team to focus on qualified candidates.
Boomtown managed properties are shown exclusively by Boomtown employees. Boomtown does not utilize self-showing services due to security concerns; however, we can accommodate and are efficient at virtual showings if preferred by our prospective tenants due to distance or COVID-19 concerns.
Phase 3: Qualification
Boomtown owners are provided a prorated refund of the placement fee for the initial lease term if the lease is broken for any reason. Boomtown guarantees all owners will be able to enjoy the full value of each placement fee.
We check the credit and verify the identity for each of our prospective tenants using TransUnion credit bureau reporting. A background check is also conducted on each of our prospective tenants during the qualification process.
A nationwide eviction history check is performed on all our prospective tenants.
All prospective tenants are required to provide current landlord contact information as a reference.
Our team verifies all private landlord references using local land records and real estate tax information. Professional landlord references are verified through email.
Tenant employment is verified using email or paid third-party sites at no additional expense to the property owner.
Tenant income is provided using paystubs and verified using employer HR email.
Boomtown uses expedited application processing techniques such as electronic information release forms, and collecting application fees through mobile credit card processing at the end of a showing. Our team regularly qualifies prospective tenants in less than 48 hours.
Boomtown uses proprietary tenant screening criteria to include income, debt ratios, late payments, revolving debt, and credit score to qualify prospective tenants.
Boomtown uses a holistic approach when negotiating the terms of proposed leases. We regularly negotiate tenant concessions to improve the terms of our lease based on the goals of our property owners.
All Boomtown leases are prepared and executed online to avoid errors and reduce the time to finalize a lease.
Phase 4: Move-In
Before a new resident takes possession, Boomtown conducts a 150-point move-in inspection with pictures which is shared with the property owner.
Record video of entire property to capture the condition at move-in and compare to move-out video if needed to determine responsibility of damage to the property.
All Boomtown residents are required to provide proof of renters insurance before they are given access to their new home.
All Boomtown residents are required to provide proof of utility transfers before they are given access to their new home.
All Boomtown residents are given access to a video link for their new home which includes the following resident responsible tasks: Main Water Shut-off, Fire Sprinkler Water Shut-off, Outside Water Spigot Shut-off, Changing HVAC Filter, HVAC Air Damper Adjustment, Circuit Breaker Reset, and GFCI Circuit Breaker Reset.
Phase 5: Resident Occupancy
All property owner email responses are prioritized and answered the same day or the next business day.
Enjoy hassle-free auto-draft rent payments and EFT owner distributions at no additional charge.
Boomtown accepts all major Accept Credit / Debit Card rent payments to get our property owners paid faster.
The organization and administration of all maintenance requests is included in the management agreement at no additional cost.
Boomtown owners are notified of all work order requests before work starts.
All residents have access to 24/7 emergency maintenance services through Boomtown.
Our residents enjoy temporary emergency heating and cooling services when needed to protect our homes and our residents.
Boomtown conducts 130-point maintenance inspections twice a year to ensure all of our properties are in top shape.
Capital expense suggestions and long-term budget support are part of our inspections so our property owners are not caught off-guard with large expenses.
All Boomtown inspection results are organized in the following buckets for easy comprehension: Required Repair, Resident Responsible Repair, Suggested Repair, Capital Expense Budget Repair, and Condition Notes. All damages is noted and documented with time / date / GPS stamped pictures.
Professional accounting and on-line portal access to financial reports available at no extra charge.
All invoices / receipts are scanned and uploaded to Dropbox for easy access.
Each month Boomtown owners receive a secure link to log-on to their portal and view monthly income statements.
At the end of each year Boomtown owners receive an end of year statement to analyze each property’s performance.
Boomtown completes all the required 1099 reporting for expenses your property may have incurred throughout the year.
Common conflicts involve tenants, neighbors, and HOAs. At times it’s necessary for Boomtown to arbitrate and provide conflict resolution. We are happy to help resolve conflicts as part of our management services.
Examining your property tax bill is a good idea from time to time. Let us know if you’re interested and we can take a detailed look at the assessed value to see if tax savings are possible.
We pay all owner water bills, and bill them back to the tenants to make sure they are paid on a timely basis. A cursory analysis of each bill can be helpful in detecting leaky toilets or unreported leaky faucets.
Phase 6: Move-out / Turnover Phase
Each move-out inspection is compared to its respective move-in report to determine resident responsible damage and prepare the property to be rented again.
Record video of entire property to capture the condition at move-out and compare to move-in video if needed to determine responsibility of damage to the property.
Boomtown owners are provided a prorated refund of the placement fee for the initial lease term if the lease is broken for any reason.
At the end of each lease, a thorough review of the lease and our residents obligations under the lease are reviewed for compliance. All Boomtown residents are required to professionally clean the home, and all carpets after they vacate.
Determine resident responsible damage beyond normal wear and tear using inspections and associated move-in / move-out videos.
Order separately invoiced services for resident responsible damage. Charge back resident for resident responsible items, charge prorated water / sewer bills, calculate interest due, refund security deposit back to resident within 45 days.
Communicate final accounting and provide supporting documentation to previous resident. Defend in court if necessary.
During the move-out inspection particular attention is paid to potential improvements to maximize rental potential. These potential improvements are usually labeled as “Suggested Repairs”.
Organize multiple bids for larger jobs as requested. Coordinate with owner to approve and order service for “Required Repairs” and “Suggested Repairs”; must be separately invoiced from “Resident Responsible Repairs” even though most of the time a single contractor is performing all the work.
New listing pictures are almost always recommended even with minimal improvement to the property. Listing pictures are always included at no additional charge.
After all work has been completed during the turnover process, we inspect the workmanship and cleanliness of each property. In some cases, if lingering odors exist, we treat our homes with O3 (Ozone) to ensure our homes show at their absolute best.

Frequently Asked Questions

How are emergency calls handled afterhours?2021-07-07T15:53:07-04:00

All afterhours emergency calls are answered 24/7 by a Boomtown employee trained in the immediate mitigation of property loss. If necessary, emergency services are arranged to limit property loss, and our owners are provided a video if an emergency site visit is necessary.

How will I know that the tenants are taking care of the property?2021-07-07T15:52:58-04:00

Maintenance inspections are performed twice a year. Boomtown property owners are provided with an inspection report with time / date stamped pictures so you can feel confident in the condition of your property. During the turnover process you can stream the move-in / move-out video for additional detail.

What type of properties do you manage?2021-07-07T15:52:46-04:00

We manage residential property in Frederick and Montgomery counties.

How quickly do I receive the rent income?2021-07-07T15:52:34-04:00

Owner distributions are processed on the 15th of each month and funds are generally available within 48 hours. All owner distributions are direct deposited.

How long is a typical turnover?2021-07-07T15:52:22-04:00

1-2 weeks. We generally need about 1-2 weeks after a move-out to inspect the property, and make it move-in ready for a new tenant.

Who takes care of turnover work?2021-07-07T15:52:14-04:00

We do! The placement fee includes the work Boomtown does to scope and administrate any work done at your property. Contractors perform the work, Boomtown administrates the work.

Can I do my own turnover work?2021-07-07T15:52:05-04:00

Yes. Our requirement for licensed and insured labor is only for occupied units. Boomtown only hires contractors that are licensed and insured; however, you are welcome to perform work on your own property and hire your own contractors without restrictions during the turnover process.

Can I use my own contractors?2021-07-07T15:51:56-04:00

Yes. We are happy to oblige any request for preferred contractors as long as they are licensed and insured.

Why should I sign with Boomtown?2021-07-07T15:51:48-04:00

This question is predicated on assumptions. A better question would be: “What matters to you as you consider a professional property manager?” Browse through our Services and Types of Owners sections. We are a property management company focused on adding value by innovating through technology to deliver better experiences at a lower cost. If that works for you, then our Rental Analysis is the next step.

What makes Boomtown different?2021-07-07T15:51:37-04:00

Low price AND great service. We use technology to drive down the cost of business and we pass the savings to you. We’re not a property management franchise. We’re not the largest property manager in Maryland (and we don’t want to be). We’re a small business with great processes and a professional staff working with like-minded property owners in Frederick and Montgomery counties.

Do run background and credit checks on tenants?2021-07-07T15:51:28-04:00

Yes, 100% of our tenants have been verified through background and credit checks. We also conduct employer and landlord verifications for all wage earners. Private landlords go through an additional step to verify ownership and validate the reference.

How would you market my property?2021-07-07T15:51:17-04:00

We used a paid marketing syndicate to advertise our properties on 41 different sites. When a prospective tenant shows interest our automated CRM software takes them through the process to schedule a showing 24 hours a day, 7 days a week. We regularly place new tenants in 48 – 72 hours using our proprietary system. Even phone calls at midnight on Saturday are processed immediately using our automation.

How much do you charge?2023-02-07T08:49:13-05:00

Our management fee is 6%/mo., we do not have any hidden fees. There are no start-up fees, or marketing fees and we do not add 10% to vendor invoices. Click here for details on our placement fee and lease renewal fee.


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