Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
Property owners are not required to accept Section 8 tenants unless local laws mandate it. We recommend checking applicable regulations in your area. -
Are you licensed?
Yes, Lifetime Real Estate Services is a licensed property management company, ensuring full compliance with all industry standards and regulations. -
Can I reach you after hours?
Yes, we provide an emergency contact for urgent matters. General inquiries are handled during normal business hours. -
Can you put the money directly into my account?
Yes, we offer direct deposit for owner disbursements to ensure a fast and reliable transfer of rental income. -
Do I get to see the lease or sign it?
Owners are welcome to review the lease agreement before it’s signed. As your property manager, Lifetime Real Estate Services handles lease execution on your behalf unless otherwise requested. -
Do you sell real estate too?
Yes, in addition to property management, we can assist with buying or selling real estate. If you’re interested, we’d be happy to discuss available options. -
How and when do I get my checks?
Owner disbursements are processed on a regular schedule, typically through direct deposit once rent is collected and expenses are reconciled. -
How is rent collection handled?
We make rent collection easy with multiple payment options, including an online tenant portal. Late payments are addressed according to lease terms and applicable laws. -
How long of a lease do you sign?
Lease terms depend on market conditions and owner preferences, though standard leases are typically one year. Other lease term options may be available upon request. -
How much security deposit do you charge the tenant?
Security deposit amounts are set according to market standards and legal guidelines. The amount may vary based on rent price and tenant qualifications. -
How soon can you start managing my property?
We can begin managing your property as soon as all agreements are completed and the property is ready for leasing. -
What type of properties do you manage?
Lifetime Real Estate Services' primary focus is single-family homes, multi-family units, personal condo units, and townhomes. -
What type of reports do I get and how often?
Owners receive regular financial statements detailing rent collection, expenses, and maintenance updates. Additional reports are available upon request (e.g. End-of-year). -
Who holds the tenant security deposit?
Security deposits are held in a dedicated trust account in accordance with local and state regulations.

