How long does it take to start managing the property?

We will be ready to begin managing the property within the first 24 hours after signing the contract.

How long does it take to find tenants?

Our goal is to find suitable tenants as soon as possible. In order to do this, we use various advertising platforms and typically rent our units within a 60-day period.

How do the application fees work?

Tenants need to pay the application fee of $40 per applicant. We use this fee to enable credit checks.

What is the process of determining my property's rent?

We'll use practical tools and result-oriented strategies to determine the proper rent. Among other practices, we conduct deep research and market comparisons. All the information we gather allows us to create highly competitive rent prices.

How do you collect the rent?

We collect rent using a variety of different payment methods including mail, office delivery, or online.

I prefer direct deposits. Is it possible?

Yes, we can agree to make direct deposits to your preferred bank account.

Do you screen tenants?

Yes, we screen all the prospective tenants. The screening process covers a variety of tests. These include criminal history, credit checks, bankruptcy checks, employment verification, and eviction history. We use these tests to lower the risk of admitting problematic tenants.

Can I keep my current insurance?

Please check with your insurer to make sure that you can keep your current coverage. Before starting to manage your property, we need to see proof of your insurance. Your insurance won't cover the tenants' personal belongings. That is why we highly recommend that all tenants have renters insurance even though it is not required.

What does my tenant have to do before the move-in?

First, your tenant needs to successfully pass the screening process. When that goes well, they will need to pay the full security deposit plus the first month's rent. They will also get an appointment to sign the lease agreement. They need to read through this legal document and agree with all the terms. Sometimes there are extra fees involved. In this case, they need to settle all of these things when signing the agreement.

How will my tenant be cleared from their lease?

When your tenant moves out, we inspect the property's condition thoroughly before returning their security deposit. We only return the security deposit in full if we do not find any property damage.

What kind of inspections do you conduct?

We do move-in and move-out inspections. As per your request, we can do an unlimited amount of drive-by inspections. This way you can ensure your property remains in good condition.

How are the utilities organized?

When tenants move into your property, all tenant utilities will be in their name. Some types of utilities may be taken care of by the property, such as trash collection or water. All the owner's utilities will stay attached to their name. These utilities get submitted to the office for payment. Of course, your regular cash flow statement includes these utilities.

What if my tenant doesn't pay rent on time?

Our lease agreements contain strict rules about rent payment delays and failures. Rent is due on the 1st of the month and late on the 5th of the month. Late fees go into effect on the 6th of the month. Continued payment default will result in eviction.

What's the policy for property damage?

We will repair all damage using our licensed and professional partners. Before the repairs begin, we'll inform you about the details. When we get your permission, we'll begin the work at the earliest moment possible. All maintenance and unexpected repairs are done using high-quality vendors at their best price. The only exception is in the case of an emergency or safety issue.

Which reports can I access?

You are able to access a multitude of reports when you use our owner portal. These reports include regular statements for income and expenses.

Is it a good idea to welcome pets or smokers?

Allowing pets and smokers isn't something you would be obliged to do. When it comes to pets, you should keep in mind that being too strict could cost you a considerable amount of prospects. We recommend charging a $250 non-refundable pet fee annually.

Does hiring a property manager lead to loss of all control?

No, property management means that you can still have a say in every decision that is made. Also, you can choose the level of how much you want to be involved in smaller-scale choices.