MANAGEMENT FREQUENTLY ASKED QUESTIONS
1. What Does A Property Management Company Do?
A property manager handles the daily operations of your rental property—tenant placement, rent collection, maintenance, inspections, legal compliance, and overall property performance.
2. How Much Do Property Management Services Cost?
Fees vary based on service level, property type, and location, but typically include a monthly management fee and sometimes a leasing or tenant placement fee.
3. Do I Have To Sign A Long-Term Contract?
Management agreements vary. Most contracts are annual, but many companies like us can offer flexible terms based on each owner's exit strategy.
4. How Do You Screen Tenants?
We perform a thorough screening including credit checks, background checks, income verification, employment history, and rental references to ensure qualified tenants.
5. How Is Rent Collected & Delivered To Owners?
Tenants pay online or through approved payment methods excluding cash. Owners receive monthly payouts along with detailed financial statements via electronic payment direct to bank.
6. What Happens If A Tenant Doesn’t Pay Rent?
We handle all communication, notices, late fees, and—if necessary—coordinate the eviction process in compliance with Michigan laws.
7. How Are Maintenance & Repairs Handled?
We coordinate repairs with trusted contractors, obtain owner approval for major expenses, and provide 24/7 emergency response when needed.
8. Do You Conduct Property Inspections?
Yes. We perform move-in, move-out, and scheduled inspections to protect your investment and document property condition.
9. Can I Still Use My Own Vendors?
In many cases, yes. If you have preferred contractors, we can work with them as long as they meet insurance and quality standards.
10. How Do You Determine The Rental Price For My Property?
We analyze local market data, comparable rentals, neighborhood trends, and the condition of your property to set a competitive, profitable rate.
11. Do I Have Access To Reports & Financials?
Yes—owners receive monthly statements, year-end summaries, and access to an online portal for real-time updates.
12. Can I Manage My Own Property But Only Hire You For Certain Tasks?
Yes. Many owners choose partial services such as tenant placement, inspections, or maintenance coordination.
13. What Types Of Properties Do You Manage?
We manage single-family homes, multifamily units, townhomes, condos, and small commercial properties throughout Michigan in addition to HOA's & event space's.
14. How Quickly Can You Fill A Vacancy?
Timeline varies by market conditions, but with strategic marketing and screening, most properties lease within 14–30 days.
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15. What Makes Lions Gate Investment Solutions Different?
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Over 15 years of Michigan experience, personalized service, transparent communication, and a commitment to maximizing your investment’s long-term performance.
