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Owner/Investor FAQs

What will a property manager do for me?
  • Act as the agent for the owner
  • Prepare your property for renting
  • Inspect the property before, during and after a lease term
  • Market the property
  • Make the property available for prospective tenants to view
  • Receive applications and screen applicants
  • Coordinate lease signings and renewals
  • Maintain the property
  • Provide administrative and financial property management
  • Correspond with owners and tenants

A property management company will get your property ready for showing, interview applicants, collect rents, make repairs and help with any necessary evictions. Typically, you are charged a flat fee per month or a percentage of the monthly gross rent for these services. In most cases the fee is 10% of revenue. Other fees can include an initial setup fee, lease renewal fee, early cancellation of contract, advertising costs and costs for any necessary repair work.

  • Purchasing a property in poor condition. Even though the purchase price may be attractive, repairs and upgrades to make it attractive to a tenant can quickly consume the money saved on the “bargain.”
  • Requesting too high a rent. Most tenants in the market have a pretty good idea of what a fair rent is. The time you wait trying to rent the property can eat up the difference in charging a fair rent and too high a rent in a hurry.
  • Not addressing tenant concerns quickly. The rental market is competitive, and tenants in the area talk with each other. Failure to respond to concerns in a timely manner can lead to a search for a better situation.

We do. And then we handle the problem. We are on call to handle problems at your property 24/7.

As the property manager, we provide you with monthly reports providing financial and maintenance status of your property. You are kep totally informed about what’s going on with your investment.