Landlord FAQs
Answers to your frequently asked questions
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Am I required to accept Section 8 tenants?
MacPherson’s complies with all municipal, state, and federal Fair Housing rules. Any applicant with a Section 8 voucher will be considered for tenancy just as any other qualified applicant based on our screening criteria. -
Are you a licensed property management company?
Yes, we are fully licensed and operate in accordance with all industry regulations and standards. -
Can I contact you after business hours?
Yes, we offer a 24-7 emergency contact line for urgent matters. Routine inquiries are handled during regular office hours. -
Do you offer direct deposit for rental income?
Absolutely. We provide direct deposit to ensure secure and timely disbursement of owner funds. -
Do you also offer real estate sales services?
Yes, we offer real estate sales assistance! If you're considering adding to your portfolio, or doing a 1031 exchange, we're happy to discuss how we can support your real estate goals. -
When and how do I receive my rental income?
Owner payments are issued no later than 15th of the month, after rent is collected and all applicable expenses have been processed. Funds are sent via direct deposit. -
How is rent collected from tenants?
We offer tenants a variety of convenient payment methods, including online portals. If a payment is late, we follow the lease terms to resolve the issue promptly. -
What is the typical lease term you offer?
Standard lease terms are usually 12 months, and we can accommodate alternative durations depending on market trends and your circumstances if you are planning to sell or move back in. -
How much do you charge for the security deposit?
Security deposit amounts are based on rental value and legal requirements for each municipality, ensuring sufficient coverage while remaining competitive. -
How quickly can you start managing my property?
We can begin immediately after the management agreement is signed and the property is prepared for leasing. -
What types of properties do you manage?
Our portfolio includes single-family homes, multi-family residences, condominiums, and commercial properties. -
How often will I receive reports about my property?
You’ll receive monthly financial statements that include income, expenses, and maintenance updates. Additional reports are available upon request. -
Who holds the tenant’s security deposit?
Tenant security deposits are held in a designated FDIC trust account, compliant with local and state regulations.