When do I get paid?
You will generally be paid on the 10th of every month. If it is a holiday or weekend, your payment will be submitted on the following business day. You will receive an email when funds have been dispersed. It will take 1-2 business days to show in your account.
Who handles the security deposits?
By law, Peach Blossom Properties, LLC is required to keep security deposits in a separate escrow account.
Who is responsible for appliance repairs?
That is negotiable. We can discuss the pros and cons of each and market the property accordingly.
How long does an eviction take?
It depends on what county the property is in and the details of the case. Generally, they can take 30-45 days if done properly by a property manager.
Will you take me as a client if my tenant is already in default of the lease?
Yes. We will provide this service if you become a property management client. We will not perform this service a la carte. There will be upfront costs associated with this. Please call to discuss.
How much do you charge?
The monthly management fees varies based on age of property, location, the amount it leases for, and other factors. Generally, in the Austin area, you can expect to pay between 6-12%. Please give us a call for an official quote. It is important to clarify what the scope of work is for that price and what additional fees may be charged if you go outside of that scope.
Do I have to have my property rekeyed by a licensed locksmith?
Yes. The State of Texas requires that each property is rekeyed between tenants. This includes the homeowner.
Can I do repairs myself?
On occasion, it will make sense for the owner to perform the work themselves before leasing out their property. Once a tenant is in place, we do not allow you to do your own repairs. While you may think that you can save money doing it yourselves, often the quality of work is not the same as a professional and the work takes longer than expected. This can increase your vacancy rate significantly causing you to lose more money. As a side note, you cannot deduct the work you have performed on the property, only the supplies. If you pay a vendor, you can deduct all of the expense.