Frequently Asked Property Management Questions

Frequently Asked Questions

Why do I need a property manager?

You don’t need to employ a property manager, but you’ll be a lot happier if you do! Keep in mind:

The unpredictable regulatory environment is making it difficult for property owners. But, CVille Properties is well-informed on both state and local government rental regulations and can ease your burden.
Finding reliable contractors can be a hassle. Let CVille Properties assist you with construction and maintenance needs through our extensive professional experience and network of trusted contractors. Save time and money with our help.
Placing the right tenants can be a gamble. Trust CVille Properties to handle tenant placement and relations with our successful track record. Rest easy knowing your property is well-cared for by both its residents and managers.
Determining the ideal rental price requires both expertise and research. CVille Properties has in-depth understanding of rental rates for different locations and property types. With our help, you can accurately set the rental price, leading to higher occupancy and profits.

What kind of properties do you usually manage?

Both Residential, Commercial, and Short Term Rental (STR’s) properties.

Why is CVille Properties different than your typical property management company?

Cville Properties is unique in that:

Our expertise lies in engineering, construction management, and real estate, allowing us to manage your property efficiently, effectively, and with clear communication. We dare you to find another property management company with the same level of technical knowledge as ours.
We are a small business, so you’ll always know who you’re dealing with, unlike larger property management companies with high turnover rates that hinder the development of trust and relationships.
We concentrate our services in specific geographical locations where we have established expertise and relationships, as opposed to a national chain that may not have a localized focus.
As active real estate investors, we manage our own properties using the same systems and processes that we will use for yours. Your properties will receive the same level of care and attention as our own investments.

How much does it cost for CVille Properties to manage my rental?

There are only two charges for managing your rental(s):

For the management of a single residential rental property, our fee is 10% of the monthly rental rate and is competitive. If you own multiple properties, we are open to negotiating the monthly rate.
To lease a vacant unit, we charge a one-time fee equivalent to one month’s rent after the tenant moves in. This fee is not required upfront. If you already have a tenant, there is no fee to be paid.

How much does it cost to get started?

To start managing a vacant property, CVille Properties requires one month’s management fee (as mentioned above) and a $300 property reserve. This reserve acts as a minimum account balance to cover unexpected or emergency repairs, without the need to reach out to you at all hours. If the reserve is unused, it will be returned to you.

If the property is already rented, only the $300 property reserve is needed.

How do I get paid?

CVille Properties utilizes the best software in the business to streamline both tenant and rental owner payments. Monthly owner draws will be deposited directly in to your preferred bank account at the end of each month.

Do you offer tenant placement without the property management?

Of course! We’ll utilize top-of-the-industry technology and a structured method to efficiently secure a great tenant for you. A one-time fee equivalent to one month’s rent will be charged after the tenant moves in, and will not be required upfront, to lease a vacant unit.