Do you conduct inspection during the lease? Yes, we do conduct regular inspections, at least 3 per 12-month lease, so that we can ensure that there are no pest or maintenance issues that have been missed or ignored by the tenant.
How can the tenant pay the rent? Tenants have the option, via a tenant portal, to make ACH payment online. The other options are to mail the cashier’s check to us, drop it off at the UPS store location where we receive our mail, or pay via a Rent Money payment at a local Wal-Mart.
Who holds the security deposits? That is up to the landlord, however, it is highly recommended that those funds be kept in the Broker’s account to avoid the possibility of the money being spent and then not available to be returned to the tenant once the lease is over. Not returning those funds in the allotted amount of time, after the lease has ended, can cause the landlord to owe the tenant double the mount of the deposit.
Who decides what the rent amount should be? This up the landlord, however, I will spend some time looking over the comparisons in the area around the rental and talk with the landlord about the market value. The goal is to not be the highest in the area, when compared to other rentals with the same amenities.