Owner FAQs

No, in most parts of the St. Louis Metro area you are not required to rent to Section 8 residents. Many owners like the regular consistent rent payments that the Section 8 Housing Program offers, while others don’t want to wait on the Housing Authority Inspections and Approvals.

Yes, I’m a licensed Broker in the State of Missouri.

Our office is staffed 7 days a week from 10am to 7pm. After hours appointments are always available.

ABSOLUTELY! Once a month we will close the books and you’ll get a full accounting of all transactions and a direct deposit directly into your account.

There is no reason for you to worry about the details of the lease. Our lease is time tested and regularly attorney reviewed. Once we have a tenant lined up for your property you’ll get to see the executed lease in your owner portal.

Yes. If you’re looking to add to your portfolio, or looking to make some adjustments and sell some properties, we can definitely help. Licensed in Missouri, a large network of agents and other investors, and a large client base that maybe interested in buying or selling make us the natural choice for your sales needs.

Once a month we will close the books and you’ll get a full accounting of all transactions and a direct deposit directly into your account.

We do it all. We prefer to accept rent from our tenants electronically - we cover the cost of an ACH payment, and we accept credit cards for rent payments. We even have a 3rd party partner who will accept rent payments in cash and direct deposit them into our account so it’s all tracked.

We generally will sign a one year lease. Our lease has a standard month to month rate increase if the tenants choose not to sing for another year.

That’s going to depend on the background checks. Missouri law limits us to a maximum of 2 months rent for security deposit, as well as we can charge for last month’s rent prior to move in. We utilize a innovative tool that allows tenants to purhcase a bond in lieu of their security deposit - giving us the same amount of protection and the tenant less out of pocket for move in.

In most cases we can start immediately.

We are equipped to manage all kinds of properties, from single family homes to multi-family properties. We can even help with your Home Owners Association (HOA)!

Financial

• Balance sheet | Consolidated
  Assets, liabilities, and equity by property as of a specific date.
• Budget vs actual
  Compare budgeted amounts to actual income and expenses.
• General ledger | Consolidated
  Debit and credit transactions by property during a specified time frame.
• Income statement | Consolidated | Detailed
  Income and expenses by property during a specified time frame.
• Property statement
  Beginning and ending cash balances by property during a specified time frame.
• Rental owner ending balances
  Rental owners' ending asset balances, including property reserves and held liabilities by property as of a specific date.
• Rental owner statement
  Rental owners' beginning and ending cash balances by property during a specified time frame.
• Trial balance | Consolidated
  Debit or credit balance by account during a specified time frame.
• Vendor ledger
  Bills and payments charged to specific vendors during a specified time frame.

Rental

• Current tenants
  Current tenants by property.
• Delinquent tenants
  Tenants with outstanding ledger balances as of a specific date.
• Leases ending
  All leases that will end during a specified time frame.
• Leasing agent
  All draft leases activated during a specified time frame by property and leasing agent.
• Rent paid
  Rent balance due by property and tenant, i.e. lease date, recurring charges, credit, previous payments, and previous balances.
• Rent roll
  Rent balance due by property and tenant, i.e. lease date, market rent, recurring rent, credit, and deposits held.
• Tenant statement
  Tenants' charges, credits, and payments by property during a specified time frame.
• Tenant vehicles
  Tenants' vehicles by property.
• Unit listings
  Rental listings by property.
• Vacant units
  Vacant units by property.

We would prefer to hold the deposit in our dedicated deposit account. This makes it much less problematic when a tenant moves out and we need to refund the deposit - we can’t refund what we don’t have.