St. Paul, Minneapolis, Edina, Bloomington Property Management
QUESTIONS THAT ARE FREQUENTLY ASKED BY NEW CLIENTS
Q: What determines the rent for my property?
A: Ultimately the rental market. We will make a rent recommendation based on our market analysis of your property and the current market conditions and competition. You will determine the final rent prior to advertising the property.
Q. How much does it cost to get started?
A. RPM has a variety of services and options so we can cater a package specifically for you.
Please call to speak directly to me, Ron Huckabee (owner) 952-831-5300, or email me ronh@rpmtwincities.com
We have a simple fee structure with:
-No lease up or commission fees
-No maintenance emergency or reserve funds
-No "Freshen Up" monthly fees
-No annual management renewal fees
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 and many other rental websites and our rental listing hot sheet as part of our service. If the owner wants additional advertising the owner pays for additional Internet or local periodicals costs.
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.
The property needs to be clean and everything in operable order. It is recommended that the paint is clean and consistent with neutral colors. Appliances should be working, smoke detectors working, keys copied, heat and air units cleaned, windows washed. Carpet should be clean and free of debris or odors. Should you need assistance with this we can provide a maintenance technician to help.
Q: Do I need a rental License?
A: Rental licenses are usually required by the city in which the property is located. We can help with getting the correct paperwork to meet all local requirements.
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.
Please see our Fair Housing Statement which ensures we comply with Federal and State Laws.
Q: Who takes care of the legal papers and signing of leases and addendums?
A: Real Property Management will handle all of the paper work on the owners behalf.
Q. How long does it take?
A. If your property is priced correctly, vacancy rates are usually less than 30 days during summer months. With our expert experience and technology we can price your property correctly and get it rented to quality renters, FAST. Seasonal issues can slow the process if it gets really cold.
Q. Do the renters know my name, phone and address?
A. No, the contract is between us and the renter. You won’t be getting phone calls in the middle of the night for maintenance or complaints about the neighbors dogs.
Q. Do you check on the property while the tenant is living there?
A. Yes, our trained maintenance technicians check the property quarterly for damages, unauthorized occupants, and unauthorized pets and can change the furnace filters. This service helps with preventative maintenance and renter responsibility in maintaining the property.
Q: Who pays for utilities, maintenance and repairs to my property?
A: The renter pays for all electric, sewer/water, gas and garbage costs unless stated different in the lease. The owner pays for maintenance and repairs, unless in rare cases the tenant has agreed to assume responsibility. The owner also is responsible for yearly property taxes and insurance.
Q. What if I am living out of state?
A. Over 50% of our clients live out of state and with our effective agent communication you can have peace of mind while we care for your investment. You can also check your account 24/7 with our online portal.
Q. What is the Eviction guarantee?
A: With owners that are part of our Eviction Protection Plan, we handle and pay for the entire eviction up to the hearing. Owners that are not part of it we will assist in coordinating, but the cost would be up to the Owner.
Do you have additional questions? Please call and speak directly to me, Ron Huckabee (owner)
952-831-5300, or email me ronh@rpmtwincities.com
Edina, St. Paul, Bloomington, Minneapolis Property Management
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