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Frequently Asked Questions

How long does it typically take to process an application?

Typically it takes 48 to 72 business hours to process an application. To expedite this process you'll want to make sure your application is complete and all requested documentation is attached. We are unable to process your application if information is missing.

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How much is the application fee?

Yes, Central Coast Property Management does charge a non-refundable $40 application fee. The application fee is itemized as follows: Credit Report: $12.75 Processing fee: $27.25. You may request a copy of your credit report at no cost to you.

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May I provide a credit report?

You may come into our office and, using our hardware and software, order and print a credit report from the provider of your choice, which we will use to process your application. We cannot accept a credit report that was run and/or printed from outside our office, due to the possibility of fraud.

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Why do I need to have renters insurance and how much coverage will I need to carry?

 It is the policy of Central Coast Property Management that you have renters insurance in place at the time of our lease up. We ask that you have a minimum of $50,000.00 liability and $25.000.00 contents with Central Coast Property Management named as an additional insured. The cost for this is approximately $250.00 per year, you may want to contact your auto insurance company to see if they offer discounts for multiple policies.

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How much are move in costs?

When signing a rental agreement, a payment approximately two times the monthly rent, in the form of a cashiers check..

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Pets?

Upon acceptance of the animal, an animal rent of $35.00 per animal per month in homes where animals are permitted. Also you'll want to provide current licenses and vaccination records.

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What if there are multiple applicants for one property?

Central Coast Property Management does not select residents on a "first come first serve" basis. Residents will be offered the opportunity to rent available units based on a best -qualified basis and on the landlords' needs.

Why should I use a property manager?

  • We can help you maximize your investment return.

  • We handle the day to day operation of your managing property, allowing you to enjoy the benefits of owning investment property.

  • We thoroughly screen and select quality tenants.

  • We deal directly with tenants in negotiating and preparing leases, coordinating maintenance and collecting rent.

  • We coordinate maintenance and repair of the property

  • You will receive comprehensive monthly statements, year-end income and expense statement, and a 1099.

  • We monitor the local rental market to insure that you are receiving competitive market rates.

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What kind of services do you offer?

We specialize in full service property management of single family homes and condominiums. However for those owners who like to manage their own homes but need professional help we offer Tenant Locator Services as well as Ala Carte Services.

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How long have you been working in property management?

I've been in the property management business for 13+ years.

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How do you advertise properties?

We advertise on several different websites- Rental Home Pros, HotPads, Trulia and AHRN just to mention a few. Our listings are also picked up by at least 15 other sites nationwide. We also post a rental sign on the property following the guidelines of local city and county ordinances and HOA guidelines

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Do you have any certificates or licenses?

I hold a California Real Estate Brokers License. I also hold membership in the Monterey County Association of Realtors, the California Association of Realtors, the National Association of Realtors and the National Association of Real Property Managers.

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Do you perform preventative maintenance/property inspections?

When initially taking a new property into our inventory I encourage owners to have a basic home inspection, this will bring to light any safety issues that need to be addressed prior to placing a tenant. We have contracted with a local home inspection company to perform this at a reasonable cost to our clients. They are strictly home inspectors, they will provide you with a copy of the inspection and recommend that you contact us regarding repairs or safety issues that need addressing.

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How are maintenance issues handled?

For maintenance issues over $250.00 we will call you for authorization. If it is an emergency situation, such as hot water heater needing to be replaced or a furnace needing replacement we will go ahead with making the necessary repairs, of course we will notify you with an update on the occurrence.

We always keep a minimum of $500.00 in your owners reserve account to cover any maintenance cost that may occur.

We only work with vendors who are fully licensed and insured. They also offer us competitive pricing and are quick to respond to our maintenance issues.

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