Owner FAQs

Owner FAQs

Welcome to the Three Pentacles, PLLC Owner FAQs! For property owners looking to have their property professionally managed, we’ve answered the most common questions about our services and how we can help you maximize your investment. If you don’t find what you’re looking for, feel free to contact us anytime.

Property Evaluation & Market Advice

How much should my home rent for?

We’ll provide a customized market analysis to determine the optimal rent price for your home, factoring in its location, size, condition, and local market trends.

How quickly can you rent my home?

The time it takes to rent your home depends on factors like pricing and demand, but we’re committed to finding reliable tenants as quickly as possible. Typically, properties are rented in 2 to 4 weeks.

What factors affect how quickly my property will rent?

Price, property condition, location, and how well it’s marketed all impact the speed at which your property rents. We’ll use our expert strategies to ensure your property attracts the right tenants fast.

What is included in your property management services?

Our full-service management includes tenant screening, leasing, rent collection, maintenance coordination, and financial reporting. We handle everything to keep your property running smoothly.

Can I rent my property and still keep it listed for sale?

Yes, we can manage your property as a rental while it’s still listed for sale with our office. We’ll help you navigate both options and make the process as seamless as possible.

Owner Onboarding & Process

Why do you need my proof of ownership and insurance?

We need to verify that you legally own the property and ensure it is properly insured, which is crucial for both your protection and the safety of tenants.

Why does the property need to be vacant to market? Can I leave personal belongings?

To present your property in the best possible light, we recommend it be vacant and free of personal items. A clean, empty property appeals to more potential tenants.

Do I need to keep utilities on during vacancy?

Yes, utilities should remain on during vacancy for showings, maintenance, and emergency repairs.

How do you handle maintenance and repairs?

We handle all maintenance and repair requests using trusted, licensed, and insured vendors. You’ll receive updates on all work completed to ensure your property stays in top condition.

Financials & Payments

What are your fees?

Our fees are competitive and transparent. We’ll provide you with a detailed breakdown of our pricing before we begin any services, so there are no surprises.

Can you deposit rental income directly into my account?

Yes! We offer direct deposit for your convenience, ensuring you receive rental income quickly and securely.

How often do you disburse rental income?

Rental income is typically disbursed monthly, usually by 10th day of the month, directly into your account.

Can I access financial statements online?

Yes! We provide 24/7 access to financial reports via our online portal, so you can always stay up-to-date on your property’s financial performance.

Maintenance & Repairs

How much does maintenance cost?

We provide maintenance at fair, competitive prices. All of our vendors are licensed, insured, and experienced in handling a variety of property issues.

How much should I budget for maintenance?

We recommend setting aside around 5 to 10% of your rental income for ongoing maintenance and repairs. This ensures your property remains in great condition.

Do you offer preventative maintenance?

Yes, we offer preventative maintenance services to reduce costly repairs and keep your property in excellent shape.

Still have questions?

Don’t hesitate to contact us, we’re here to help!

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