Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
It depends. If you own or have 10% interest in five or more rental properties, you must consider voucher subsidies as income. If you own four or less rental properties, Section 8 is a voluntary program that allows homeowners to offer their home to tenants that require financial assistance from the state. Please call for additional information. -
Are you licensed?
Yes, we are fully licensed to handle all your real estate and property management needs; in addition, we are also Lead Based Certified to manage any homes built 1978 and prior. -
Can I reach you after hours?
Yes, our number is always available to tenants and homeowners and I can be reached at any time, including after hours. We can also accept text messages. -
Can you put the money directly into my account?
At First Landing Realty, our goal is to make it as easy and convenient as possible for our homeowners by depositing their rent proceeds each month through direct deposit or ACH into their accounts. -
Do I get to see the lease or sign it?
Although your management contract gives me the ability to sign the lease and addenda without you present, we also make sure to provide you with a copy of the signed lease on demand. -
Do you sell real estate too?
Yes, my license allows me to sell as well as manage real estate. -
How and when do I get my checks?
First Landing Realty is one of the few companies that will pay you as soon as we are paid. We typically will deposit your money within 24-48 hours of receiving the rent check unless it is the weekend or a holiday. This might add additional time to getting the money into your account for you. -
How is rent collection handled?
Tenants have the option of either using Inosio, which is a third-party that we use for credit card paying tenants. Our tenants also have the option to either mail or hand deliver their rent to us. -
How long of a lease do you sign?
Typically, most tenants ask for a one-year lease. We do occasionally sign longer leases providing that the homeowner has given approval for a longer lease. -
How much security deposit do you charge the tenant?
We typically ask for a deposit equal to one month’s rent. -
How soon can you start managing my property?
We can start managing your investment property as soon as you sign the management contract and deliver us keys. -
What type of properties do you manage?
We manage single-family homes, condos, townhomes and duplexes. -
What type of reports do I get and how often?
On a monthly basis, we upload your owner statement via email. You will get an email notifying you that you have a report to view. You will log in to a specific site and using log in information we provide, you will be able to view your statement. -
Who holds the tenant security deposit?
We require all tenants to remit a security deposit. Once we have received the funds, the security deposit will be held in a separate escrow account by First Landing Realty.