Owner FAQs
Property Management & Investment Property Support Information
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Am I required to make my property available to Section 8?
Yes. Under California law, landlords may not refuse to rent solely based on participation in a housing voucher program such as Section 8, provided the applicant meets standard screening criteria. -
Are you licensed?
Yes. All agents/property managers in our office are licensed by the California Department of Real Estate (DRE), which regulates real estate professionals in California. -
Can I reach you after hours?
Yes. We provide 24/7 communication access for maintenance emergencies and urgent property-related issues via phone, text, or email. -
How are owner distributions handled?
We require direct deposit for all owner distributions.
Owner funds are disbursed monthly via ACH transfer to your designated bank account, typically on or before the 6th of each month, after management fees, vendor invoices, and approved expenses are processed. -
Do you handle real estate sales as well?
Yes. We provide integrated real estate brokerage services through Barrett & Associates. Many owners choose to transition from property management into sales when they decide to reposition or liquidate assets. -
How and when do I receive rental income?
Owner distributions are deposited electronically each month, typically on or before the 6th, after rent collection, expenses, and management fees are processed. -
How is rent collection handled?
Tenants can pay rent through the online tenant portal. Alternative payment methods may include mailed checks (where applicable). Cash is not accepted. -
What lease lengths do you typically use?
Lease terms are determined by the property strategy and owner preference.- Residential properties are typically leased on 12-month terms
- Commercial properties generally range from 1 to 10+ years depending on tenant type and use
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What security deposit do you require from tenants?
Security deposit requirements vary based on property type and applicant qualifications.
For most residential properties, deposits are typically up to 2x monthly rent, subject to California legal limits and specific applicant criteria.
Commercial deposits are determined on a case-by-case basis depending on lease structure, credit strength, and tenant type. -
How soon can you start managing my property?
We can begin management after an initial property assessment to confirm fit within our portfolio and ensure proper onboarding, compliance, and operational setup. -
What types of properties do you manage?
We manage:- Residential single-family homes
- Condominiums
- Luxury properties
- Commercial properties (office, retail, industrial, strip centers)
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What type of reports do I receive?
Owners receive access to a secure online portal providing:- Monthly financial statements
- Income and expense reporting
- Maintenance history
- Year-end summaries and tax documentation
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Who holds tenant security deposits?
Barrett Property Management Inc holds the tenant security deposits in a compliant trust account in accordance with California law.
