FAQ

With a combined 40+ years of experience in the real estate rental market, we’ve helped hundreds of homeowners just like you make huge profits off of their investment properties. We understand how to get lease rates at the ceiling of the market and provide unmatched advertising to ensure you get a tenant in your home as fast as possible and for top dollar. Leveraging our partnerships in the real estate space, we advertise your property across more than forty of the top real estate websites. We even create videos and Photoshop images to showcase your property in the best way possible.

Since we specialize in single-family homes and condos, we have our finger on the pulse of the market. By using our in-house data, visiting the neighborhood and evaluating the condition of your property, we are able to formulate a rental rate that will attract quality tenants in 30 days or less with a full deposit.

No keys will be given out! Unlike other management companies that give tenants the lockbox code or keys, your property will only be shown to pre-qualified tenants by one of our expert local brokers who has access and in-depth knowledge about your property.

That depends on your property’s condition, how much you want to rent it for and what the local market will support. With that said, we guarantee to have a tenant in your property within 30 days of it being market-ready. Sometimes we have a waiting list and it’s just a matter of days before we secure a qualified tenant for your home.

Once the prospective tenant gives us the thumbs up, we employ several outside companies to run a credit report and conduct a background check where we review their employment history, rental history and check local and national sexual offender databases. We compile all this information in our proprietary system that makes sound recommendations.

Tenants know that rents are due on or before the 1st of each month. We collect the income and post it to your account. A detailed summary report is then mailed to you between the 23rd and 25th of the month.

We have an in-house maintenance division and specialized vendors who are qualified to handle any issue that may arise with the home. 

In general, there is not a market for furnished rentals right now.

Tenants typically handle all lawn care and maintenance. We do offer full landscape services to you or the tenant as an option.

No. Make sure to leave the utilities in your name until transferring over to the new tenant when they move in. If you cancel, there is a risk of damage during cold weather (i.e. plumbing, appliances, sump pumps).

Yes, you should maintain a landlord policy on the property. The tenants can’t carry homeowners’ insurance since they don’t own the house, but we mandate all tenants to carry Liability insurance. The tenant can obtain renters insurance via a partnered sponsored program we make available with covers personal belonging up to $10,000.

Today. It’s never a good idea to wait until the last minute, especially in today’s economy. Start lining up prospective tenants as soon as possible.

Unfortunately, there are many agents and brokerages that have ZERO property management experience and definitely don’t specialize in the rental of single-family residential homes.

At FYVE, we have competitive rates and offer one of the most comprehensive services. Most other property management companies and brokerages charge upwards of 10% or more of the monthly rent, every month! Our monthly management is a flat-fee of just $99 – $229 per month.