Owner FAQs

No.

• Income 3x monthly rent
• 600+ credit score
• No Evictions
• No Bankruptcies
• No Felonies
• Rental Verification
• Income Verification
• Background checks
• Case Net checks
• Pet Verification
• Bankruptcy check
• Sex Offender check

Yes.

The 8th of each month or the next business day (assuming rent was collected on or before the 8th). Electronic payments can take 3-5 business days to post to your account.

All rents are due on or before the 5th of each month and are considered late after 5:00 p.m. We charge a 10% late fee of the total rent. We will then email and call the tenant starting on the 6th. On the 10th we will post a 10 day notice to vacate on their door. After the 10 days we initiate the eviction process. We do make rental payment agreements on a case- by-case basis.

12 months.

As soon as possible.

Single family & Multi-family.

We send out an Owner Statement on the 8th of each month with a general snapshot of the property performance. On the 20th of the month a full set of accounting reports are posted to the Owner Portal and sent via email.

We collect 1 months rent for deposit and hold in Escrow account.

We require each client to maintain a balance of $300.00 for each single-family unit.

Yes. Up to $100K (with no deductible) in case of damage by fire, smoke, explosion, water, overflow of sewer or sump, collapse, falling objects, freezing of pipes, overflow of appliances

1. Loss of Rental Income- covered up to $1,000/premise and $10,000/occurrence
2. Pet Damage- covered up to $1,000 per occurrence; $250 deductible