Business Details
About
Property Management CompanyReal Estate Services
Details
- Requires appointmentAvailable
Location
Real Property Management Endeavor
2705 St Peters Howell Rd, St. Peters, MO
63376, United States
Hours
Frequently Asked Questions About Real Property Management Endeavor
How long does it take to rent a property?
Leasing a home involves many variables, such as time of year, local inventory, condition, and asking price. A sparkling, move-in-ready home generates preferred renters, and we can fill vacancies within 30 days by finding qualified applicants.
If we receive any feedback from potential renters while showing your property, we will inform you of it. In case the asking price is not generating the desired response, we will discuss the condition of your property or whether reducing the price might be a good idea.
How do you handle repairs?
For tenant-occupied homes, tenants submit a maintenance request via their online tenant portal or our 24-hour maintenance hotline. Our portal allows tenants to submit a work order request by describing the issue and uploading photos when appropriate. Owners receive the same notification of the request that we do once submitted. Our goal here is full transparency of everything going on with your property. Tenants can also track the status of their requests online.
When a request comes in, we assess it and see if it needs immediate dispatch or if we can proactively troubleshoot the issue with the tenant. There are many common repair requests our team is trained on how to troubleshoot. If the problem needs to be fixed, we assign the work order to one of our preferred vendors. We utilize third-party vendors / independent contractors for all work. We make sure the cost of the repair is fair and that the job is completed satisfactorily. The management agreement allows us to approve any repair under $300, without having to bother our clients. Larger repairs over $300 require owner approval; we will contact the client. Exceptions to the $300 approval rule include emergency maintenance and habitability issues. If we have to act quickly to protect persons or property, we will do so to protect our owner's best interest.
Can I perform repairs myself?
Yes, if an owner has a specific handyman or vendor they wish to service their property, RPM will note it in their portfolio and contact them first for service. When the property is vacant, owners can handle the repairs needed to make it “rent ready,” if they choose.
Our preference is to use our vendors to ensure leasing deadlines are met, as we work with these vendors regularly, they are insured, licensed, reliable, trusted and we know what to expect.
How do rent payments work?
Does the tenant pay you, and then you pay me?
The tenant pays Real Property Management Endeavor rent, which we deposit into our trust account. Over 80% of our tenants pay rent electronically. Once the funds have cleared the bank, we directly deposit the rent from the current month, minus our fee and any other expenses, into a bank account of your choice. Owner payments are made weekly.
Should I accept pets?
Statistics show over half of all renters have pets. Being open to pets, you will increase demand through the entire prospective rental pool, thus increasing the rental price as we charge an additional amount per pet per month. If maximizing rent is important to you, maybe you should consider pets. If you would rather play it safe, it is OK to say no pets. If you are open to a pet, we always say, “pet considered.” That means we may approve the right pet, not all pets.
Emotional Support Animals are handled per Missouri state law requirements. Ask our office for more information.
How much will my property rent for each month?
Like the real estate market determines sales prices, the local rental market determines rental rates. Three factors contribute to the amount of rent your rental property will receive each month.
1. Availability and rental rates of comparable properties
2. The features and benefits of your property
3. The marketing exposure for your vacancy
After we receive the details of your specific rental property, we will complete a market analysis and set a starting price. We then evaluate all vacancies under our management on a weekly basis, making adjustments in the price or within our marketing strategy to get it rented as quickly as possible.
How do you advertise your properties?
Getting properties rented efficiently is pivotal to our success and happy client owners; we must generate as many qualified leads as possible. We achieve this by syndicating marketing efforts to the top rental websites (over 20+). We also pre-screen prospective renters and inquire about who will be living with them, the number of adults, the number of minors, and if they have any pets. We also ask how long they have been at their current employment. Our software allows us to follow up and get feedback from every interested party.
Any call into our office is also answered live during business hours, Monday through Friday; this is crucial to get homes rented fast because if they do not speak to someone, they go elsewhere. We also schedule weekend showings by appointment.
What happens if my tenant stops paying rent or causes trouble?
Our rigorous tenant screening process usually prevents these types of issues; however, if a problem should arise, we always respond promptly and aggressively. Rent is due on the 1st and is late on the 4th. If rent has not been paid at this time, the eviction process begins promptly on the 6th of the month in question. The eviction process is started with a 3-day notice to pay or quit. Nuisance issues are handled similarly, with one warning given before a notice is posted.
We work with a local attorney when an unlawful detainer is filed with the court.
What is your tenant screening process?
All prospective tenants must participate in an extensive screening process. Each adult over 18 years of age must complete an application. First, nationwide background checks and eviction database screenings are completed to examine criminal backgrounds and the sex offender registry. Next, we ensure they qualify financially by reviewing their credit report, verifying employment, and reviewing pay stubs and/or tax returns. Finally, we review their rental history by contacting their previous two landlords for references.
How long does it typically take to rent a property with Real Property Management Endeavor?
Leasing time varies based on factors like season, property condition, and price, but move-in-ready homes can be rented within 30 days by finding qualified applicants. Feedback during showings is communicated to owners for adjustments if needed.
What is the process for handling repairs in tenant-occupied properties?
Tenants submit maintenance requests via an online portal or 24-hour hotline; owners are notified of requests. Repairs under $300 are approved automatically, while larger ones require owner approval unless emergencies arise. Trusted third-party vendors complete repairs.
Can property owners perform their own repairs?
Yes, owners can use their own vendors, especially when the property is vacant, but Real Property Management Endeavor prefers using their insured, licensed vendors to meet leasing deadlines efficiently.
How are rent payments processed by Real Property Management Endeavor?
Tenants pay rent directly to RPM Endeavor, mostly electronically. After funds clear, the rent (minus fees and expenses) is deposited weekly into the owner's chosen bank account.
Does Real Property Management Endeavor allow pets in rental properties?
Yes, allowing pets increases rental demand and price. They typically approve suitable pets with a 'pet considered' policy. Emotional Support Animals are accommodated per Missouri law; owners can ask for more info.
How does Real Property Management Endeavor determine rental prices for properties?
Rental rates depend on comparable local properties, property features, and marketing exposure. They complete market analyses and adjust pricing weekly to rent properties swiftly.
What marketing strategies are used to advertise rental properties?
Properties are syndicated across 20+ top rental websites. Prospective renters are pre-screened. Calls are answered live Monday-Friday, with weekend showings by appointment to ensure fast leasing.
What happens if a tenant stops paying rent or causes issues?
RPM Endeavor promptly starts eviction on the 6th if rent is unpaid after the 4th, with a 3-day pay or quit notice. Nuisance issues get one warning then a notice. Legal action is coordinated with a local attorney.
How can nearby businesses like Farmers Insurance and Cozy Chair Counseling be useful to customers?
Customers visiting Real Property Management Endeavor can easily access insurance services at nearby Farmers Insurance and supportive mental health services at Cozy Chair Counseling for a comprehensive local experience.
What recreational spots near Real Property Management Endeavor are ideal for customers before or after their visit?
Customers can enjoy local amenities like C&H Ballpark, Gateway Dream Fields, and Grand Slam Park nearby for sports and recreational activities around their property management visit.
Are there convenient service providers near Real Property Management Endeavor for home and auto needs?
Yes, nearby services such as Sparkling Clean Maid Service for home cleaning and Honest Affordable Auto Repair for vehicle maintenance provide valuable options for customers in the area.