Q: Am I required to make my property available to Section 8?
A: We do not accept Section 8 at this time.
Q: Can I reach you after hours?
A: We provide 24 X 7 access via our leasing off and call center.
Q: Can you put the money directly into my account?
Q: Do I get to see the lease or sign it?
A: All leases are between Prime Property and the tenant. The lease is, however, assignable to the owner.
Q: Do you sell real estate too?
A: No. We manage and develop real estate.
Q: How and when do I get my checks?
A: Payment is made on or about the 15th of every month for the prior month’s profit.
Q: How is rent collection handled?
A: Rent is collected at our office, through the mail or through and electronic payment. Payments are deposited to a trust account.
Q: How long of a lease do you sign?
A: 1 year
Q: How much security deposit do you charge the tenant?
A: 1 months rent
Q: How soon can you start managing my property?
A: It would depend on the amount of properties but typically within 45 days.
Q: What type of properties do you manage?
Q: What type of reports do I get and how often?
A: Rental Owner Statement - Monthly
Year End Report - Annually
Owner can generate reports anytime using the Owner Portal
Q: Who holds the tenant security deposit?
A: Prime Property Trust Account