Real Property Management Champion Wilmington
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Frequently Asked Questions
How is market rent for my property determined?
There are several factors that go into determining what to rent a property for. At RPM Champion we use multiple sources of comparable rental listings, including our own proprietary database, to track rental rates in the area. We adjust for amenities that the home or community offer and make recommendations to our owners for what to set the rent at to attract good tenants.
What is your tenant screening process?
Every tenant application is screened for income, credit, rental history, criminal background, and evictions. RPM Champion uses a national credit-reporting provider to obtain a prospect’s criminal and credit histories. We verify employment and review pay stubs and/or tax returns to verify income is 3 times the rent. We review the rental history and contact the previous two landlords for references. Our thorough screening complies with all applicable laws, including Fair Housing and Fair Credit Reporting Act.
How quickly will you find a tenant and fill vacancies?
RPM Champion’s marketing program and leasing services are second to none. That being said, leasing is a fluid process with many variables including asking price, local inventory levels, and seasonal factors. In most cases, however, we can find a qualified applicant and fill vacancies within 30 days. We feel so strongly about our marketing program, that we provide a “Rented in 30 Days Guarantee”. If we don’t rent your property within 30 days, you receive 50% off the lease-up.
What happens if my tenant is late or stops paying rent?
RPM Champion’s rigorous tenant screening process usually prevents these types of issues; however, if a problem should arise, clients can be confident that we always respond promptly and aggressively. Rent is due on the 1st and is late on the 5th. If rent has not been paid by the 6th day, late fees are applied, and the eviction process begins with a 10-day notice to quit. We also keep a lawyer on retainer to address eviction and collection issues as well as to dispense legal advice when necessary.
Why do you offer different levels of property management services?
We understand that everyone’s situation is different. Some clients only need assistance with marketing their rental property and screening prospective tenants. Other clients prefer to have all aspects of the property management process taken care of for them. That’s why we give property owners options and let them decide which property management is right for them and their rental property.
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Company Details
102 Old Eastwood Rd Suite C-3, Wilmington, NC 28403
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Years in Business
6 years
Founded Year
2019
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