Owner Frequently Asked Questions

• Am I required to make my property available to Section 8?

  No.

• Are you licensed?

  Yes. We are Florida and Alabama licensed Brokers.

• Can I reach you after hours?

  Yes, 850.696.7581

• Can you put the money directly into my account?

  Yes, you can specify which account you would like owner funds directed to.

• Do I get to see the lease or sign it?

  At Hometown Properties we endorse the Lease for you. You may wish to have a copy for insurance purposes. A copy of the lease is available to you for download through your Owner’s portal.

• Do you sell real estate too?

  Yes.

• How and when do I get my checks?

  Owner are paid by direct deposit on or before the 15th of each month and a statement of your accounting is emailed to you. A copy of your statement is also available through your Owner’s Portal.

• How is rent collection handled?

  Rent is due on the 1st and late on the 2nd. Rent is collected from the tenant online, in person, or by mail.

• How long of a lease do you sign?

  Generally our leases are 12 months. We can sometimes consider a shorter term with Owner approval.

• How much security deposit do you charge the tenant?

  We typically charge a security deposit equivalent to one full months’ rent.

• How soon can you start managing my property?

  We can get started right now!

• What type of properties do you manage?

  Single Family homes, condos, townhomes, duplexes and triplexes.

• What type of reports do I get and how often?

  An owner statement is emailed monthly. A copy is available on your Owner’s Portal 24/7. In addition, you will receive an End of Year Statement of all income and expenses in January of each year.

• Who holds the tenant security deposit?

  Hometown Properties holds the tenant’s security deposit in a non-interest bearing account.