Q: Am I required to make my property available to Section 8?
Q: Are you licensed?
A: Yes. All of our Property Managers are real estate professionals licensed in the state of Oklahoma.
Q: Can you put the money directly into my account?
A: We can pay you via direct deposit to a bank account of your choosing and encourage
this since it is a more secure payment method.
Q: Do I get to see the lease or sign it?
A: We would be happy to provide a copy of the lease upon request. The lease is signed by all financially
responsible tenants and countersigned by an employee of OKC Homes 4 You acting as agent for the Owner.
The owner’s signature is not required.
Q: Do you sell real estate too?
A: Yes! We would be happy to provide real estate sales services for you.
Q: How and when do I get my checks?
A: Owner’s statements and payments will be sent between the 12th and 20th of the month. If you
receive your payments via eCheck, you will receive it the next business day after payment is initiated.
If you receive a paper check, it may take several days to be delivered in the mail.
Q: How is rent collection handled?
A: Rent is due by the 5th of the month. The tenants have multiple ways to pay their rent, including dropbox,
mail, or online payments. If it is late we take all the necessary steps to get you the rent or reclaim your
property through the local eviction process.
Q: How long of a lease do you sign?
A: Our standard lease is twelve months, however at the request of the owner or tenant
(with owner’s approval) we can do a shorter or longer lease term.
Q: How much security deposit do you charge the tenant?
A: This is dependent on the property and rent rate. A security deposit is typically close to one month’s rent.
Q: How soon can you start managing my property?
A: Once we have met with you, viewed the property, and gotten a management agreement signed, we can begin
steps to market a vacant property or begin managing an occupied property. Listing a vacant property may
take additional time if the property is not in rent-ready condition when the management agreement is signed.
Q: What type of properties do you manage?
A: We manage single family homes, duplexes, townhouses, and condos.
Q: What type of reports do I get and how often?
A: We send a comprehensive owner’s statement that breaks down income and expense by property and includes
a simplified cash flow report once per month. You will receive a year end cash flow report each January for
the previous tax year along with a 1099 showing taxable income. Additional reports may be requested as needed.
Q: Who holds the tenant security deposit?
A: Generally, we hold the tenant’s security deposit. We handle the move out walk through, charges
against the deposit, disposition letter, and deposit refund (if applicable).