Owner and Investor FAQs
Q: What price will my home rent for?
A: This is a common question from our new clients and can only be answered after we conduct an evaluation of your home and the surrounding neighborhood. We can generally give you a feel for a price range, but in this market, prices can move significantly in just a few months. We are able to get our homes rented quickly, however, because we ensure that at any price range, our homes look the best. We’re not going to tell you to add granite countertops or spend money unnecessarily, but our attention to detail is what counts. Time and again potential tenants tell us that our homes are in the best condition.
Q: Can you put money directly into my account?
A: Yes – we actually require a direct deposit account set up to transfer rent money collected directly into your account for financial security purposes.
Q: How and when do I get my checks?
A: We electronically deposit them into the account of your choosing by the 10th business day of the month. As long as the resident pays on time we follow this timeline.
Q: Do you sell real estate too?
A: Yes – we offer full real estate services.
Q: My home is currently occupied, do I need to wait until the tenant moves out to begin services with PMP Carolinas?
A: No. In fact many of our clients are those who have had bad experiences with other property management companies and want a better experience. We will ensure that the transition is a smooth one for you and your resident.
Q: Can I use my own contractor?
A: Sometimes new clients want to use their own contractor to work on their homes and we don’t have a problem with this as long as the vendor is properly licensed and insured and can meet our work and payment standards. In most cases, our team and vendor network provides better pricing than our clients’ vendors, but this is not always the case. Some of our best vendor partners have been provided by our clients.
Q: Can I do maintenance myself?
A: If the home is vacant and there is some work you’d like to do yourself, we generally don’t have a problem with it, as long as it is work that you’re qualified to complete. For example, many homeowners don’t know that on a rental home, licensed electricians are required to change an outlet or light switch. Remember that part of our benefit to you is that we add a layer of liability protection and, therefore, we want to make sure your home is professionally maintained.
Q: How soon can you start managing my property?
A: Simply contact us via phone or email and tell us about your properties. If the home is currently vacant, we will want to walk through the property and provide you any feedback on its current condition, potential pricing etc. Then we would need the following to get started:
- IRS W-9
- Executed property management agreement
Once these are received our new client team will get you set up in our system and help you logon and enter your bank account information. We will also get information specific to your property, keys, garage door openers, etc. and start marketing or meet with your current tenants.
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Want to Learn More?
If you’d like to learn more about our properties and what it’s like to work with PMP Carolinas, Inc., get in touch. We’d be happy to talk more about our rental properties, our application requirements, and our leasing process.