Owner FAQ

Transparent Communication Is Key

In our commitment to transparency and excellent service, Robb Hoover LLC provides an extensive Owner FAQ section. Here, we address a multitude of common concerns and queries that property owners might have about residential property management.

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  • How much rent should I expect for my property?

    Determining the rent for your property depends on a blend of experience, local knowledge, and understanding the real estate market. At Robb Hoover LLC, we constantly analyze market trends and factors such as neighborhood comparisons, property condition, location, amenities, and seasonal influences. For a precise rental value, we conduct an in-depth assessment of your property.  

  • How will you promote my property?

    Robb Hoover LLC adopts a comprehensive strategy to make your property visible to potential tenants. Our marketing approach includes promoting your property on our website, scheduling viewings seven days a week, and capturing high-quality digital photos of your property for listing on popular websites.

  • How will potential tenants view my property?

    We leverage the latest technology through Rently.com to provide instant access to interested tenants while ensuring your property remains secure.

  • How long does it usually take to lease my property?

    We lease it within 30 days or your first two months of property management is free. Please contact your leasing agent for details. Some conditions apply.

  • How do you screen tenants?

    Securing good tenants is paramount. We implement a rigorous screening process, which includes a credit report, employment and income verification, nationwide eviction and criminal background reports, sex offender checks, and past rental/mortgage history checks.

  • Am I obligated to rent to families with children, roommates, pet owners, or smokers?

    While Federal and State housing laws protect certain classes such as race, religion, color, national origin, sex, handicap, and familial status, you are not obliged to rent to smokers, pet owners, or roommates. However, considering that a large portion of tenants owns pets, it might be beneficial to consider this demographic.

  • Do tenants provide a security deposit?

    Yes, tenants pay a security deposit equivalent to at least one month’s rent. This deposit is held in a trust account in line with N.C. General Statutes.

  • Who handles rent collection?

    At Robb Hoover LLC, we streamline the rent collection process and collect all rent due, freeing you from the task.

  • Can my rent proceeds be directly deposited into my account?

    Certainly, we can facilitate an ACH wire transfer directly into your account from our trust account.

  • When will I receive my rent proceeds?

    We strive to disburse your rental proceeds by the 25th of each month through direct deposit which is the quickest way to receive rental proceeds.

  • Do I receive a statement accounting for income and expenses?

    Yes, we provide a monthly report detailing the financial activity of your property. It includes month-to-date and year-to-date financial summaries. Invoices are posted on your owner portal.

  • Who is responsible for property repairs?

    As the property owner, you are legally obligated to maintain the property in a “safe, fit, and habitable” condition. If a tenant causes damage due to negligence or misuse, they are responsible for repairs.

  • Will I be notified of any repairs on my property?

    Absolutely, except in emergency situations. Our policy is to communicate any repair work that exceeds $500-$1,000 unless it's an emergency.

  • What procedures are in place for emergencies?

    We provide a 24/7 emergency response service. Our primary objective is to ensure tenant safety and property preservation. We make every effort to inform you promptly.

  • Who pays for utilities at the property?

    Unless negotiated differently in the lease, the tenant is responsible for all utility payments. 

  • What if a tenant fails to pay rent? How do you manage evictions?

    We adopt a proactive approach to rent collection. If a tenant defaults on their rent payment, we follow a stringent procedure that may lead to eviction. 

  • How often will my property be inspected?

    We conduct inspections before a tenant moves in and after they move out. Additional inspection services are available upon request.

  • Can I sell my property while it's leased? What if I need to move back?

    Once a lease contract is signed, the tenant is entitled to occupy the property for the agreed period. However, if you foresee a need to occupy or sell the property, leasing may not be the best option. 

  • When can you start managing my property?

    If there is no existing contract with another real estate firm, we can start immediately upon signing the property management agreement. 

  • What is the duration of the property management contract?

    Our property management agreement can be terminated with a 60-day written notice. However, some termination fees may apply.