Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
Property owners are not required to accept Section 8 tenants unless local laws mandate it. We recommend checking applicable regulations in your area. -
Are you licensed?
Yes, we are a licensed property management company, ensuring compliance with all relevant industry standards and regulations. -
Can I reach you after hours?
Yes, we provide an emergency contact for urgent issues. General inquiries will be handled during normal business hours. -
Can you put the money directly into my account?
Yes, we offer direct deposit for owner disbursements, ensuring a smooth and timely transfer of rental income. -
Do I get to see the lease or sign it?
To keep the process simple and stress-free for you, owners do not review or sign the lease. Our attorney-reviewed agreement is carefully crafted to protect your property and ensure full compliance. Anchor handles every detail, so you can have complete confidence your investment is in good hands. -
Do you sell real estate too?
Yes! In addition to property management, Anchor Real Estate Property Mangement also offers full real estate sales services. Whether you're looking to buy your next home, sell your current one, or explore investment opportunities, our team is here to help. If you're interested, we’d be happy to connect you with one of our experienced agents to discuss your options and goals. -
How and when do I get my checks?
Owner disbursements are made on a regular schedule, typically via direct deposit or check, after rent is collected and any applicable expenses are accounted for. -
How is rent collection handled?
We offer multiple rent payment options, including online payments and traditional methods, to ensure a smooth collection process. Late payments are addressed according to lease terms. -
How long of a lease do you sign?
Lease terms vary based on market conditions and owner preferences, but standard leases are often a year long. Other lease term options may be available upon request. -
How much security deposit do you charge the tenant?
Security deposit amounts typically align with market standards and legal requirements. The specific amount may depend on factors such as rent price and tenant qualifications. -
How soon can you start managing my property?
We can begin managing your property as soon as the necessary agreements are completed and the property is ready for leasing. -
What type of properties do you manage?
We manage a variety of property types, including single-family homes, and multi-family units. -
What type of reports do I get and how often?
Owners receive regular financial statements detailing rent collection, expenses, and maintenance updates. Additional reports may be available upon request. -
Who holds the tenant security deposit?
Security deposits are typically held in a dedicated account, as required by local laws. The handling of security deposits varies by jurisdiction and company policy.