Owner FAQs
Answers to your frequently asked questions
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Are you licensed?
Yes - we hold a CA DRE License. -
Can you put the money directly into my account?
No we can not. The tenant's funds get deposited into our trust account and we disperse the funds to the owner. -
Do you sell real estate too?
Our sister company USKO Realty handles our Real Estate Sales and Purchases -
How and when do I get paid?
We pay our investors by the tenth of the month but your banking institution may hold the funds for a day or two. It just depends on your bank. Our funds are sent to you electronically via direct deposit. Statements are emailed to you monthly. -
Do you hold reserve money for the property?
Yes, we hold a $500 reserve for the property. -
How is rent collection handled?
Rent is collected through our online portal. -
How long of a lease do you sign?
Typically 12 months but can be different depending on the property owner. -
How much security deposit do you charge the tenant?
We typically do one month's rent. -
What do I need to do next if I am interested in obtaining your services?
The first step will be for us to set an appointment to discuss our services, review our management agreement, our marketing and screening programs along with viewing the home for readiness for a resident. -
What type of properties do you manage?
Single Family Residence, Condos and Multi-Families. -
What type of reports do I get and how often?
You will receive a monthly owners statement that details all the income and expenses. -
Who holds the tenant security deposit?
We will hold the security deposit in our Trust Account..