Property Management FAQ

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Property Management FAQ

What are the management fees?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Investor Special (Increased Cash Flow - Hybrid Model) (4+ Properties):

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

What experience does your company owner have in managing rentals?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

How do you determine the rent for each property?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Are the owner’s active real estate investors?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Can I cancel my management contract?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Do I still pay when the property is vacant?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Are there any miscellaneous fees?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

If I want to list my property, do I have to sell it with you?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Do you offer direct deposit for your owners?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

How do you collect rent from tenants?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Do you conduct property inspections?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Do you offer eviction warranty (screening guarantee)?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

How do you market properties?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

How long are your properties typically vacant?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

What are your income and screening requirements for applicants?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Do I have any control over the lease agreement?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee

Will I get updates on my properties?

Rental Owners (Hands Off Model):

• 8% Gross Monthly Rent (SFR)
• 10% Gross Monthly Rent (Multi-Family)
• 12% Gross Monthly Rent (SRO Housing)
• Fees: Tenant Placement — Equal to 1 Month Rent
• No Set Up Fee
• No Inspection Fee
• No Lease Renewal Fee