Owner FAQs

Answers to your frequently asked questions

Am I required to make my property available to Section 8?

No;However we do make our properties section 8 compliant where applicable should the market dictate we need to make our property available to section 8.
Are you licensed?

Yes, I’m licensed in the state of Oklahoma for both realty & property management
Can you put the money directly into my account?

The money is direct-deposited into your bank account every month.
Do I get to see the lease or sign it?

We don’t require owners signatures of the lease however a copy may be provided upon request
Do you sell real estate too?

Yes! We can help you buy or sell real estate.
How and when do I get my checks?

Rent is processed around the 10th & 25th of every month
How is rent collection handled?

Rent is due on or before the 1st of each month. We offer a 5 day grace period and post notice to quits around the 6th of each month.
How long of a lease do you sign?

Generally 12-18 months depending on the season and occasionally they’ll turn into month to months
How much security deposit do you charge the tenant?

This is generally equivalent to one months rent.
How soon can you start managing my property?

Management can start ASAP but often there tends to be a transitionary period from the current owner/property manager.
What type of properties do you manage?

Single & multi family
What type of reports do I get and how often?

You'll have a weekly leasing report for on market properties, a monthly owner statement for lease properties, and a 1099 at the end of the year.
Who holds the tenant security deposit?

Our office holds the security deposit in a separate escrow account.