Owner FAQs

Yes, we’re a full-service boutique property management company with extremely competitive rates. We’re dedicated to providing exceptional customer service and the best technology to our owners and investors.

• On time monthly rent collection and owner payments made via electronic payment transfer.
• Fully itemized monthly owner statement, customized financial reports, year-end accounting statements, and 1099 forms.
• Professional collection procedures if necessary.
• We manage all tenant relationships and disputes throughout the term.
• Annual lease review, assess market conditions and comparable rented homes for potential recommendation of a rent increase.
• Electronic records maintenance fully accessible to the owner.
• Annual code compliance review.
• Security deposit escrow management in a trust account.
• Online owner portal to review financials, invoices, etc.
• Online tenant portal for rent payments and maintenance request.

Our average days on the market in the San Antonio area is under 19 days. We use our marketing system and syndication software to get your property as much exposures as possible. Also, see our 30-Day Rental Guarantee

We are very confident in our marketing system. If we are unable to lease your home in 30 days or less, we will give you one month of management FREE!

We go a step above on our screening process and we’re so confident in the tenants we place in your rental home we offer a Leasing Guarantee. If a tenant does not fulfill at least 9 months of a lease term, we will find you a new tenant for FREE.

Without obligation For Lease Clover will complete a Comparable Rental Analysis to determine the rental value of your home. We compare the most recent rented homes, existing inventory, the age of the home, square footage, number of bedrooms and bathrooms, the overall condition of the home, schools and many other factors that impact the rent you can charge for your property

Our process is all rents are due on the first of the month. For Lease Clover make all payments to owners via ACH on the seventh of each month and our goal is to have the funds clear your bank by the fifteenth of each month. Owners monthly rent statements will be posted on your portal by the tenth of each month or the next business day if this date fall on a weekend or holiday.

Yes, in addition to your emailed statements you will have access to all your statements and financial in your portal at your convenience.

A reserve account is a fund that For Lease Clover holds in escrow and is used to pay for repairs as they arise. This account is reimbursed with rent income as needed to ensure the balance remains at $400.00. These funds will be returned to you at the end of your relationship with For Lease Clover.

Yes, we pay for repairs from your reserve account. Recurring bills like utility bills during vacancies, association fees, or mortgage payments are paid directly by the owner.

It depends on the nature of the repairs. If the necessary repair is less than $400.00, For Lease Clover will coordinate the repair and pay with funds in your reserve account. Repairs over $400.00 will require your permission unless it is deemed an emergency.

Yes, we go a step above on our screening process and we’re so confident in the tenants we place in your rental home we offer a Leasing Guarantee. If a tenant does not fulfill at least 9 months of a lease term, we will find you a new tenant for FREE.

We check credit score, background, broken lease, criminal history, sex offender, verify employment, verify rental history with past landlords, verify income through paystubs and W2. In general an applicant or applicants must have three times the rent rate in verifiable household income, possess an acceptable credit history, and have no criminal history to qualify.

In compliance with Texas Law, we hold the security deposit in a trust account during the length of tenancy. Our move out checklist documents the condition of your home at the end of the lease. Any damage expenses beyond normal wear are deducted from the security deposit. The balance is returned to the tenant on or before the 30th day after the date the tenant surrenders the premises.

Owners must maintain your own property insurance coverage. Contact your insurance professional for more information on rental property coverage to ensure that you are fully covered for all of the risks and issues facing rental property owners

Yes, we inspect the property periodically throughout the lease term. We perform irregular external property surveys to identify exterior tenant damage, lawn or landscaping issues, HOA violations, or other lease violations. Depending on the circumstances we may schedule an interior inspection of the property if there is a concern that there is tenant damage occurring inside the home.

After we perform a Comparable Rental Analysis to determine the rental value of your home. The next most important factor to consider is the overall condition. The walls should be freshly painted, carpets clean with no tears, stains or loose areas, clean appliances, clean kitchen and bathrooms, and replace or clean the blinds. Curb appeal, the yard should be in good condition in both front and back. For Lease Clover is happy to inspect the property for you to get the most out of your make ready budget. We’re a full-service property management company and can provide contractors if needed to get your property “rent ready” quick and for a great price.

Yes, For Lease Clover can take over the management of the property. However, we will need to continue using the current lease agreement until the end of the lease term.

Absolutely! We can start the process immediately. Contact us today to setup a no obligation consultation to discuss your goals and property details.