Information for Property Owners

Owner Frequently Asked Questions

Managing a rental property comes with a lot of questions. Below are answers to some of the questions we hear most often from property owners about our management process, leasing, maintenance, resident communication, and the day-to-day operation of their rental property.

Have a question that isn't answered below? Every property and ownership situation is different. Our team is happy to discuss your property, your goals, and how professional management may fit your needs.

How quickly can you begin managing my property?

The timeline depends on the property and its current situation. Once we have the necessary property information, management agreement, keys, insurance documentation, and other required records, our team can begin the transition process. If the property is occupied or currently managed by another company, we will also review the existing lease and available property records to help make the transition as smooth as possible.

What types of properties do you manage?

We manage a variety of residential rental properties, including single-family homes, condominiums, townhomes, duplexes, and multi-family properties. We work with individual rental homes as well as owners with larger portfolios.

What areas do you serve?

We provide residential property management services throughout Winston-Salem and surrounding communities in Forsyth, Guilford, Davidson, and Davie Counties. If you are unsure whether your property falls within our service area, contact our team and we will be happy to discuss it with you.

How do you determine the appropriate rental rate?

We evaluate the property along with current rental-market conditions, comparable properties, location, condition, amenities, and recent leasing activity. We continue monitoring activity after a property is listed and may recommend adjustments when market response indicates a change would be beneficial.

How do you market vacant properties?

We focus on presenting each property clearly and professionally to prospective residents. Depending on the property, marketing may include professional-quality photography, detailed descriptions, floor plans, video, online advertising, and coordinated showing options. We also monitor listing activity so we can identify when pricing or presentation may need to be adjusted.

How do you screen prospective residents?

Applicants are screened using established rental qualification criteria that include credit, income verification, and background screening. We review supporting documentation and apply our qualification standards consistently in accordance with applicable fair housing requirements.

How do you handle maintenance and emergency repairs?

Residents can submit routine maintenance requests through their resident portal, allowing our team to document the issue and coordinate with the appropriate vendor. Maintenance is handled according to the authority established in the management agreement. When an emergency presents an immediate risk to the property or its occupants, our team can coordinate an appropriate response to help protect the property and prevent additional damage.

How do you communicate with property owners?

We believe owners should understand what is happening with their investment without having to manage the property themselves. Our team communicates regarding leasing activity, maintenance, resident concerns, property conditions, renewals, and other matters requiring an owner's attention. Owners also have access to an online portal for important property and financial information.

How do owners receive rental income and statements?

Owner distributions and statements are processed on a regular monthly schedule, typically on the 26th of the month unless the 26th falls on a holiday or weekend. Statements provide information regarding income and expenses associated with the property, and owners can access their information through the owner portal. Specific accounting procedures are reviewed with owners during onboarding.

Do you handle lease renewals and rent reviews?

Yes. We regularly review rental rates as part of the ongoing management of a property. We consider the property's current rent, market conditions, comparable rentals, leasing history, and overall tenancy when making recommendations regarding rent adjustments and renewals.

How do you handle resident concerns or lease violations?

Our team handles day-to-day resident communication and documents concerns as they arise. When there is a potential lease violation, we review the lease and circumstances, communicate with the resident as appropriate, and work through the applicable process while keeping the owner informed when necessary.

Can you take over a property that already has residents or another management company?

Yes. A property does not need to be vacant for us to begin management. We can review existing leases and available resident records and coordinate the transition of security deposit information, keys, accounting records, maintenance history, and other property documentation. If another management company is involved, we work to establish a clear transition into our management systems.

Do you manage multi-family properties?

Yes. We manage both individual residential rentals and multi-family properties.

Do you work with properties that need repositioning or stabilization?

Yes. Some properties need more than routine day-to-day management. We work with owners to evaluate the property's current condition and operations, identify priorities, and develop a practical path forward. This may include addressing vacancies, coordinating repairs and unit turns, evaluating rents, improving property presentation, strengthening leasing efforts, addressing resident or operational concerns, and establishing more consistent management practices.

How involved can I be in the management of my property?

That depends on your preferences and the needs of the property. Some owners prefer to remain closely informed, while others want our team to handle most day-to-day decisions within the authority established by the management agreement. Our goal is to provide professional oversight while maintaining clear communication about matters that require your attention.

What if I am not sure what my property needs?

That is completely fine. Owners often contact us because a property is not performing as well as expected, they are tired of managing it themselves, or they simply want professional guidance. We can review the property's condition, leasing activity, rental rate, maintenance needs, resident situation, and overall operations to help identify priorities and determine an appropriate path forward.