Owner FAQs

Answers to your frequently asked questions

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

No you are not.
Are you licensed?

In the state of Idaho there is no license to be a property manager. In fact there is no training or tools required to be a property manager. Once we found this out we went to real estate school and received our real estate licenses. My license number is SP54262. Colton’s license number is SP56840. We have also joined the National Association of Real Property Managers.
Can I reach you after hours?

Yes
Can you put the money directly into my account?

Yes
Do you sell real estate too?

I can as I am a licensed agent with Keller Williams Coeur d’Alene.
How and when do I get my checks?

We will process owner payouts as soon as possible, but the latest will be by the 10th of the month. One of my main goals is to get you your money as soon as possible.
How is rent collection handled?

Rent is due on the first of the month, but we do give tenants until the 5th of the month to pay rent. They can pay online via our portal or can mail us a check in.
How long of a lease do you sign?

It varies depending on what the owner requires. The majority of our owners would like a 12 month lease. We don’t like to go beyond the 12 months as that is a good time to do a new analysis and do a home inspection.
How much security deposit do you charge the tenant?

It depends on credit, but typically we charge the same as the first month's rent for a deposit.
How soon can you start managing my property?

As soon as possible :)
What type of properties do you manage?

At this time we only manage Single Family and Multifamily homes. We are looking into managing VRBO’s, but we want to get more experience with our personal VRBO before we manage yours :) Let us figure out the bugs first.
What type of reports do I get and how often?

You will get a monthly detailed Profit and Loss statement.
Who holds the tenant security deposit?

We hold the security deposit in our trust account.