Real Property Management Resources provides professional property management services including on-going communication, comprehensive marketing and advertising, full-service leasing, thorough resident screening and selection, timely rent collection, regular evaluations, cost-effective and reliable maintenance, strict and compliant evictions, and comprehensive accounting. We help protect your investment, service your residents, minimize your costs, and maximize your income—without interrupting your daily life. For over 30 years, tens of thousands of rental property owners and investors nationwide have trusted Real Property Management offices to take care of their rental property.
Frequently Asked Questions About Real Property Management Resources
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 notify you. If the asking price is not generating the desired response, we will discuss the condition of your property and consider 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 enables tenants to submit a work order request by describing the issue and uploading photos, as appropriate. Owners receive the same notification of the request that we do once it is submitted. Our goal is to provide complete transparency regarding all aspects of your property. Tenants can also track the status of their requests online.
When a request comes in, we assess it to determine if it requires immediate dispatch or if we can proactively troubleshoot the issue with the tenant. There are many common repair requests that our team is trained 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 a predetermined amount, without requiring our clients to be involved. Larger repairs over this amount require owner approval; we will contact the client. Exceptions to the 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 RPM Resources rent, and we deposit it into our trust account. Over 80% of our tenants pay rent electronically. Once funds have cleared the bank, we direct 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 that over half of all renters have pets. Being open to pets will increase demand throughout the entire prospective rental pool, thereby increasing the rental price, as we charge an additional amount per pet per month. If maximizing rent is essential to you, consider allowing pets. If you would rather play it safe, it’s okay 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 in accordance with the requirements of Oklahoma state law. 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.
Availability and rental rates of comparable properties
The features and benefits of your property
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 out a property?
Leasing a home can vary based on factors like season, inventory, condition, and price, but a move-in-ready home can typically be rented within 30 days by finding qualified applicants.
How are maintenance repairs handled for tenant-occupied properties?
Tenants submit maintenance requests through an online portal or 24-hour hotline. Requests are assessed for urgency, with immediate dispatch for emergencies. Most repairs are handled by preferred vendors, ensuring fair costs and satisfactory results.
Can property owners perform repairs themselves?
Yes. Owners may use their preferred handyman or vendor, especially when the property is vacant. However, Real Property Management prefers using their insured and licensed vendors to meet leasing deadlines reliably.
How does rent payment work between tenants and property owners?
Tenants pay rent directly to Real Property Management Resources, which holds the funds in a trust account. After clearing, rent minus fees and expenses is deposited weekly into the owner's chosen bank account.
Are pets allowed in rental properties?
Allowing pets can increase demand and rental prices, as a pet fee is charged. Owners can choose to allow or deny pets; if pets are permitted, approval is based on suitability. Emotional Support Animals are accommodated per Oklahoma law.
What services does Real Property Management Resources provide?
They offer marketing, advertising, resident screening, timely rent collection, maintenance, compliant evictions, accounting, vendor management, emergency services, and regular evaluations to maximize income and protect investments.
What are the business hours of Real Property Management Resources?
They are open Monday to Friday from 9:00 AM to 5:00 PM and closed on Saturdays and Sundays.
Where is Real Property Management Resources located?
Their office is located at 8486 Northwest 39th Expressway, Bethany, OK 73008, United States.
What nearby businesses or services are close to Real Property Management Resources?
Nearby are Mark Muse: Allstate Insurance, TS Heat and Air (plumbing and HVAC services), Resonance Mind Body Wellness spa, Route 66 Donut bakery, Eden Antique Emporium gift shop, and the Blue Moon Spa, among others.
How can nearby places assist customers visiting Real Property Management Resources?
Customers can access insurance services at Mark Muse: Allstate Insurance, repair services at TS Heat and Air, relax at Resonance Mind Body Wellness or Blue Moon Spa before or after visits, and enjoy treats from Route 66 Donut nearby.