Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
No - FCR policy is not to accept Section 8. We will however take over a house that currently has a Section 8 tenant, with the understanding that if the tenant moves we will not release it under Section 8. -
Are you licensed?
Yes, we are licensed by the Texas Real Estate Commission. We also hold the highest NARPM MPM designation and the prestigious CRMC company designation. -
Can I reach you after hours?
We always have someone on call. It is also very easy to reach one of us via email after hours. -
Can you put the money directly into my account?
Yes, we send net proceeds to our clients directly into their account via ACH. -
Do I get to see the lease or sign it?
We sign the lease on your behalf but we do send you a copy of the lease once the tenant moves in. -
Do you sell real estate too?
Definitely. We can help you find a new investment and we can sell your investment. We have mastered incentives to sell tenant occupied properties. -
How and when do I get my checks?
We initiate ACH bank transfers on the 10th day of each month. If the 10th falls on a weekend or holiday, the payment will be issued the very next business day. -
How is rent collection handled?
We offer a very convenient online payment system through our website. We also take payment in our office and a drop box for after hour payments. Rent is due on the 1st and considered late if not received in our possession by the 5th. -
How long of a lease do you sign?
12 months. We do consult with our clients if a shorter or longer lease is requested. -
How much security deposit do you charge the tenant?
Credit Score Security Deposit 600+ 1 Month 550 - 599 1.5 Month 500 - 549 2 Month -
How soon can you start managing my property?
It is common for a 30 day notice to be given to a management company when you want to terminate an agreement. Once that notice is given we like to immediately begin preparing for the transfer. We will provide you with a helpful checklist to make the transition smooth. If you are not with another firm then we can start as soon as the management agreement is signed. -
What type of properties do you manage?
The majority of our portfolio consists of single family homes and condos. We also handle multi-family and small commercial buildings.