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FAQ's

How are your fees/charges estimated?

At Reed Property Management are fees are charged based on the type of service selected. There are no hidden fees and we are upfront with all charges no matter how minimal.

Are you insured?

Yes we currently carry liability and errors and ommissions.

On the average, how long does it take to find a tenant?

Most tenants are placed in an unfurnished rental in less than 30 days.

Do you do background checks?

At Reed Property Management we complete criminal, employment, income and credit background checks.

What happens if the tenant does not pay rent?

Rent is due on the 1st of each month, if tenants have not paid by the 5th we are immediately attempting to contact them by phone in an attempt to communicate any concerns. If we do not hear from them we then issue a 3 day notice to pay rent, there is no cost for this service to the owner and a part of the monthly fee if needed. At this point Reed Property Management is typically 99% collected by the 3rd of each month.

Do you have Direct Deposit?

We offer online payments and services for our tenants and direct deposit of owner funds into their bank accounts.

Who handles the HOA?

At Reed Property Management we take care of the HOA applications with the tenants and the renewals. We work as closely as they allow to ensure tenant compliance with all rules and regulations.

How often is the property inspected?

We complete a very thorough electronic move in and out inspection as well as quarterly, semi annual, or annual inspections at the owners direction. (There is a nominal fee for any inspection not a move in or out.)

What bills does the Property Management Company handle?

Typically we handle all maintenance invoices for the owner. However, at the owners request we can handle taxes and insurance as well.