Information for Owners

QUESTIONS THAT ARE FREQUENTLY ASKED BY NEW CLIENTS

 

Q: How quickly will you rent my property?

A: We manage hundreds of properties and you can view our current availability online. You will see that our vacancy rate is less than 3% at any one time. If you home is in good condition and you take our suggestions with the monthly rental rate, your house will be rented in a 30 day period. It is to our advantage to rent your house quickly because we make no money on an empty house, just like you.

Q: What determines the rent for my property?

A: Ultimately the rental market. We will make a rent recommendation to you based on our market analysis of your property and the current market conditions.  You will determine the final rent prior to advertising the property.  If time is not important to you we can start at a higher rent and reduce it $100/week until calls are received. If there are not any showing of your home, then it is listed too high.

Q: Who pays for the marketing of my property?

A: We pay for all signage and labor costs related to marketing your property for rent.  We will also place your property on our website and our rental listing hot sheet as part of our service.  Each owner pays $30 per quarter for each house for all the advertisements we place on the Internet and print ads.

Q: What is typically involved in preparing a property to be rented?

A: Generally, you should expect to make the property move-in ready for a tenant. Your property will rent quicker and demand a higher rental value if it is in good condition. A neutral color scheme is recommended.

 Q: How are tenants selected?

 A: Our background check is thorough and comprehensive to ensure we select quality tenants.  We carefully screen each prospective tenant application and verify rental history, employment, and obtain a report which includes credit, evictions and criminal history. 

Q: Who pays for maintenance and repairs to my property?

 A: The owner pays for maintenance and repairs, unless in rare cases the tenant has agreed to assume responsibility. We have a full time maintenance crew and pre-negotiated discount rates for all service providers such as AC, Plumbers, and electrician which are directly passed on to you as savings.

Q: I live in town, why do I need a property manager?

 A: Property Managers are knowledgeable about the rights of the landlord and the tenant and exercise those accordingly. Most owners do not make good landlords and that is apparent when things go wrong. Having a experienced property manager will save you time and costs when tenants are not doing what they are supposed to do. We will take a professional, non-personal approach which property owners have difficulty with. Often times the cost of the property management will be offset by the savings you will experience in the maintenance cost.

 

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