FAQ

Question: Why should you hire a professional property management
company to manage your rental property?

- Minimize vacancies and maximize income.

- Fill vacancies with the best possible tenants.

- Maintain and keep your rental property in good condition.

- Avoid unnecessary repairs to save you money.

- Track income and expenses to determine profitability.

- Negotiate rental agreements.

- Collect rent and track tenant deposits.

- Comply with federal, State and local laws.

- Deal with problem tenants.

Question: What if a tenant needs evicting?

Even though a property manager will do everything possible to avoid problem
tenants, if an eviction is necessary, the property manager can help you deal with
the whole process, from providing the required eviction notices to the tenant, to
referring the property to an eviction attorney for filing court documents.  After a
judgement is awarded to "win" back possession of your property, we also will schedule
the actual eviction time and date witht he local sherrif.  At this time, we recommend
also having your door locks changed while the sherriff is on site by a local locksmith.

Question: Can a property manager help me comply with federal, state and local laws?

Yes. Property managers must understand and comply with provisions of legislation,
such as the Americans with Disabilities Act and the Federal Fair Housing Amendment Act,
as well as local fair housing laws. They must ensure that their renting and advertising
practices are not discriminatory and that the property itself complies with all of the local,
State, and Federal regulations and building codes. Property managers also have the
resources and knowledge to help evict problem tenants. In short, property managers
know your rights and obligations as a landlord, which could limit your liability exposure.

Question: Will a property manager show my property?

Yes. While it may be inconvenient for you to take time to show your property, and to deal
with potential renters who may not show up for their appointments, it is a property manager's
job to respond quickly to requests from potential renters to view a property and property
managers can also pre-screen potential tenants.

Question: Can a property manager help me with upkeep and maintenance
of my investment property?

Yes. Property managers negotiate contracts for janitorial, security, groundskeeping, trash
removal, and other services. When contracts are awarded competitively, managers solicit bids
from several contractors and recommend to the owners which bid to accept. They monitor the
performance of contractors and investigate and resolve complaints from residents and tenants
when services are not properly provided. Managers also purchase supplies and equipment for
the property and make arrangements with specialists for repairs that cannot be handled by
regular property maintenance staff.

Question: How much do you charge to manage my rental property?

No fee charged while termporarily vacant or in between tenants!  Monthly Management are:
8 to 9.5% of the gross monthly rent for Single Family Detached properties. 7.5% for duplexes or
triplexes. 8% for apartments (5 or more units). The more units you have, the better the discount for you!
No vacancy? No monthly fee - ever! If your tenant moves out down the road, we think it is only fair
that we as your property management company will NOT charge you for a monthly service fee. There
are many companies out there that do charge you even when your property is not performing. Many
owners have come to us to run from companies like that. With us, we are fair and honest.
 
Question:  How much is your marketing or Move in fee?
 
Listing/Advertising is extra if you wish for us to fill it for you. This is a marketing fee equal to 1/2 of
one full months rent once a tenant moves in.  This fee is strictly used for marketing your property
online and in print along with our web site marketing and referrals throughout our NARPM affiliation
network.  The MLS Listing is also another recommended tool we can use to fill your lease.  The MLS
listing fee is also paid from the tenants move in funds and is included in this move in fee.  Many times,
this is split between CLPM, Inc. (the marketing broker) and the Buying broker (the broker who refers to
us the best qualified tenant for your property determined by CLPM, Inc. All our properties we market
include our Talking House propgram where we turn you rhouse into a Talking House through our Radio
Network featuring your house in a powerful message being played over the air 24/7 non-stop for all to
listing in on! 

Question: Can I quit our contract at any time?

Yes. We want you to believe in us and our services to you, not to feel obligated to stay with us because of
a long term commitment. We have very low turn over due to our excellent customer service and value we offer.

Question: How can I get started?

To get started today, Call or e mail us to have our one of our friendly customer service staff members fill
out your set up form over the phone or we will meet with you at the property to take marketing pictures and
go over the property management agreement together.  We can also e mail you the Property Management
agreement (only 3 short pages) to sign and send back. We will start marketing your property right away! You
can never start marketing  too early to find the best tenant possible for your property.  If you are mailing over
reserve funds to be held in your trust acount, checks can be mailed to CLPM, Inc. at:

65 W. Easy Street #202
Simi Valley, CA 93065.
 
Getting started with C.L. Properties USA is really as easy as 1,2,3!

Question: What is included with my marketing fee?

We set up your new property account online, we do a walk through inspection of your property in person to
check for safety and any concerns that could be a liability for you. We list a professional For Rent sign
(and a Talking House Radio transmitter if allowed) in front of your house and market this property to our private
network of professional property managers within NARPM. We also market on our web site and to other online
rental sites.  Your ad will also be featured in the local newspaper if determined that is needed. Another marketing
strategy we do is to constantly update and post your new ads online once a week until your new tenant is found. 
This assures your ad placement is fresh and kept at the top of the latest search results. 

Question: Are you licensed with the state of California to be a property manager?

Yes. Colin Lightfoot is a DRE approved licensed broker to do business in California as a property manager and
his real estate license status can be checked online anytime at www.dre.ca.gov
 
C.L.P.M., Inc. is also approved by the Department of Real Estate.  The corporation DRE license # is: 01847022.  
The company is also known as C L Properties USA.