
Penny Realty
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Frequently Asked Questions
How do you screen prospective Tenants?
Penny Realty has a comprehensive 11 Step Screening Process. This process allows us to offer our “Eviction Free Guarantee.” For more details, see [PennyRealty.com/resident-screening](http://PennyRealty.com/resident-screening).
What insurance coverage should I have on my property?
Owners should maintain proper coverage. Consult your insurance agent for a Landlord/Rental Dwelling Insurance Policy. Penny Realty, Inc. should be named as an additional named insured. We also provide additional secondary coverage through SureVestor Insurance.
Who establishes the monthly rental rate for my property?
Penny Realty provides a comprehensive Rental Analysis and recommends competitive rates to maximize income and minimize vacancy. Final pricing is collaborative with the owner. If opting into Penny Realty’s Guarantees, Penny Realty will set the rental rate as required by the program.
What happens if the Tenant damages my property beyond the Security Deposit?
With the thorough 11 Step Tenant Screening Process, it is rare for damages to exceed the deposit. If it happens, Penny Realty will pursue collection in full and can support the owner through Small Claims Court. If needed, Legal Counsel’s Debt Collection division will pursue recovery after judgment.
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Company Details
4444 Mission Blvd Suite 140, San Diego, CA 92109
Property Types
Credentials
Asset Class Focus
Company Size
Years in Business
60 years
Founded Year
1965
