Frequently Asked Questions

Got questions? We’ve got answers.

Whether you’re a property owner or a tenant, our FAQs cover common topics like leasing, rent payments, maintenance, and more. Browse below to find the information you need.

ACRE Road Houses

FAQ FOR PROPERTY OWNERS:

What services does your property management company provide?

We offer full-service property management, including tenant screening, rent collection, maintenance coordination, lease enforcement, and financial reporting.

What types of properties do you manage?

We manage residential rental properties, including single-family homes, multi-unit buildings, and apartment complexes.

How do you determine the rental price for my property?

We conduct a market analysis by comparing similar properties in the area, assessing current rental trends, and considering your property’s unique features.

How do you handle tenant screening?

We conduct thorough background checks, including credit history, rental history, income verification, and criminal background checks, to ensure responsible tenants.

What happens if a tenant doesn’t pay rent on time?

We have a structured process that includes late fees, reminders, and legal steps if necessary. We work to resolve issues quickly while protecting your investment.

How do you handle maintenance and repairs?

We have a network of trusted vendors who provide timely and cost-effective repairs. Tenants can submit maintenance requests online through their portal, and we coordinate the necessary services.

How do you handle security deposits?

We collect, hold, and distribute security deposits in compliance with the NC Tenant Security Deposit Act. Refunds or deductions are managed based on a comprehensive move-out walkthrough.

Do you handle evictions?

Yes, we manage the eviction process in compliance with state laws, from legal notices to court proceedings if necessary.

What is your policy on lease renewals?

We evaluate each tenant’s rental history and conduct a property walk-through before offering renewal options. We also assess market conditions to adjust rental rates accordingly. Sixty (60) days prior the lease-end date, we will contact our owners for our suggestions on renewal terms.

How do I receive my rental income?

We process rental payments and deposit your earnings directly into your bank account through secure electronic transfers. Owner disbursements are typically processed mid-month, often between the 12th and 15th day of the month.

What fees do you charge for property management services?

Our fees vary based on the services provided, but they typically include a monthly management fee, a leasing or renewal fee, and a maintenance coordination fee. Contact us for a detailed breakdown.

How do I track my rental income and expenses?

Our online Owner Portal provides real-time access to payment tracking, maintenance costs, and other key property details.

What financial reports do you provide?

Owners receive monthly and annual financial statements detailing rental income, expenses, and maintenance costs. They also have the ability to generate cash-flow, rent roll, and lease expiration reports through the Owner Portal.

Can tenants have pets?

Pet policies are determined by the property owner. If allowed, we ensure tenants follow pet-related terms, including deposits and restrictions. Typically, we encourage a two-pet maximum. The tenants are required to sign a Pet Addendum.

Are Service or Emotional-Support Animals allowed?

Under the Fair Housing Act and the Americans with Disabilities Act, property owners must allow assistance or support animals, even if the property typically doesn’t permit pets. Tenants are required to provide documentation and sign an Assistance Animal Addendum.

Do you handle short-term or vacation rentals?

Currently, we focus on long-term residential rentals. However, we can discuss options based on your property’s location and market demand.

What insurance do I need?

We recommend landlords have a rental dwelling policy, liability coverage, and loss of rent protection.

I’m a property owner considering switching to your management company—what should I know?

We offer a smooth transition process, handling all communication with the current management firm and tenants, setting up financials, and ensuring seamless management from day one.

I’m a property owner—why should I trust your company with my rental?

We take a proactive approach to property management, ensuring your investment is well-maintained, legally compliant, and consistently generating income. Our streamlined processes and transparent communication make owning a rental hassle-free, and our 16-year presence in Asheville is proof of our commitment to excellence.

How do I get started with your property management services?

Contact us through our website or call our office to schedule a consultation. We’ll assess your property and discuss how we can help maximize your investment.

FAQ FOR TENANTS:

How do I pay rent or submit a maintenance request?

You can pay rent and submit maintenance requests through our secure online tenant portal, available 24/7.

When is rent due each month?

Rent is between the 1st and 5th day of each month.

What happens if I don’t pay rent on time?

A 5% late fee will be charged on the 6th day of the month. If you’re facing financial difficulties, please reach out to us before the rent due date. We may be able to discuss options, including payment arrangements, to help resolve the situation.

How do you handle lease agreements?

We use state-accredited lease agreements provided by the NC Realtors Association, ensuring they are legally compliant and protect both landlords and tenants. All lease terms are clearly communicated before signing.

Can I have a pet(s) as a tenant?

Pet policies are determined by the property owner. If pets are allowed, we ensure you follow the pet-related terms, which may include a monthly pet fee and restrictions on certain animals. Some situations may also require a non-refundable pet fee.

How many pets am I allowed to have?

The properties in our portfolio have a two-pet maximum.

What insurance do I need?

We recommend tenants have renter’s insurance to protect personal belongings and provide liability coverage. You can easily sign up for a renter’s insurance policy through your tenant portal.

What is the lead paint disclosure, and does it apply to my rental?

If your rental property was built before 1978, federal law requires disclosure of any known lead-based paint hazards. We ensure compliance by providing the required Lead-Based Paint Addendum pamphlet to tenants.

What happens if there’s a maintenance emergency?

In case of an emergency maintenance issue (like a plumbing or electrical emergency), please contact us immediately through the tenant portal or by phone, and we’ll respond as quickly as possible.

Can I make changes to the property?

Any modifications or alterations to the property must be approved by us in advance. This includes painting walls, installing fixtures, or making permanent changes.

How do I renew my lease?

We will reach out to you prior to your lease ending to discuss renewal options. We’ll also do a property walk-through to ensure everything is in order.

What is the policy on subletting?

Subletting is not allowed. New tenants must go through our standard application process.

What if I want to add or remove a roommate?

Any changes to the lease, including adding or removing a roommate, must be approved by our office. New roommates must go through our screening process, pay the associated application and administrative fees, and sign the new lease contract.

What if I need to break my lease early?

If you need to break your lease early, please review your lease for specific terms regarding early termination. You may also contact us for guidance on the next steps and potential fees.

How do I handle a move-out?

We’ll provide move-out instructions and schedule a walkthrough of the property. The security deposit will be refunded or applied to any necessary repairs based on the property’s condition.

Got other questions?

Reach out for a free consultation!