Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
No. -
Are you licensed?
Yes. We are Florida and Alabama licensed Brokers. -
Can I reach you after hours?
Yes, 850.696.7581 -
Can you put the money directly into my account?
Yes, you can specify which account you would like owner funds directed to. -
Do I get to see the lease or sign it?
At Hometown Properties we endorse the Lease for you. You may wish to have a copy for insurance purposes. A copy of the lease is available to you for download through your Owner’s portal. -
Do you sell real estate too?
Yes. -
How and when do I get my checks?
Owner are paid by direct deposit on or before the 15th of each month and a statement of your accounting is emailed to you. A copy of your statement is also available through your Owner’s Portal. -
How is rent collection handled?
Rent is due on the 1st and late on the 2nd. Rent is collected from the tenant online, in person, or by mail. -
How long of a lease do you sign?
Generally our leases are 12 months. We can sometimes consider a shorter term with Owner approval. -
How much security deposit do you charge the tenant?
We typically charge a security deposit equivalent to one full months’ rent. -
How soon can you start managing my property?
We can get started right now! -
What type of properties do you manage?
Single Family homes, condos, townhomes, duplexes and triplexes. -
What type of reports do I get and how often?
An owner statement is emailed monthly. A copy is available on your Owner’s Portal 24/7. In addition, you will receive an End of Year Statement of all income and expenses in January of each year. -
Who holds the tenant security deposit?
Hometown Properties holds the tenant’s security deposit in a non-interest bearing account.