Owner FAQs
Answers to your frequently asked questions
-
Am I required to make my property available to Section 8?
As a professional property management company, we operate in full compliance with all California fair housing laws. Under state law, we do not discriminate based on an applicant's source of income, which includes government housing assistance programs like Section 8.
We evaluate every applicant based on our standardized, lawful screening criteria—such as rental history, creditworthiness, and ability to pay—regardless of their payment source. If a Section 8 voucher holder meets these established criteria, we process their application in accordance with all applicable regulations. -
Are you licensed?
Yes, OneLoop Property Management operates in full compliance with all state and local regulations governing property management. Our team holds the necessary professional licenses and certifications required to manage properties in the jurisdictions where we operate. We prioritize transparency, accountability, and adherence to industry best practices to ensure that both our property owners and tenants receive professional and high-quality service. -
Can I reach you after hours?
Yes, we are available 24/7 to ensure that our property owners and tenants are well-supported at all times. -
Can you put the money directly into my account?
Yes, we send owner distributions directly to your designated bank account via ACH (Automated Clearing House). This ensures that your funds are processed securely, accurately, and on time. -
Do I get to see the lease or sign it?
As a property owner, you will be provided with a Property Management Agreement for your review and signature to outline our professional services. Regarding tenant leases, OneLoop Property Management is authorized to prepare, deliver, and execute lease agreements on your behalf to streamline the leasing process and ensure compliance with all regulations. -
Do you sell real estate too?
Yes, we do. While our primary focus is property management, our team is a licensed California real estate broker (DRE License No. 02254632) and we are fully qualified to assist you with real estate sales. Should you request special services such as property sales, we can formalize the details through a separate written instrument. -
How and when do I get my checks?
We process owner distributions between the 8th and 10th of each month. To ensure you receive your rental income as securely and efficiently as possible, all owner distributions are handled via ACH direct deposit. This paperless method eliminates mail delays and ensures your funds are deposited directly into your designated bank account each month. -
How is rent collection handled?
We manage all rent collection through Rentvine, our secure property management platform. All funds are deposited into a dedicated Residential Trust Account to ensure the safety and proper handling of your money.
Once funds are collected, we perform a thorough monthly reconciliation. After deducting management fees and any property-related expenses for the month, we process your owner distribution via ACH direct deposit. For full transparency, you have 24/7 access to your Owner Portal in Rentvine, where you can view and download all uploaded invoices for expenses related to your property. -
How long of a lease do you sign?
We pride ourselves on being flexible to meet your needs! While we are happy to discuss options that work best for your property, we generally do not sign leases for less than 12 months. This helps us ensure long-term stability and consistent occupancy for your investment. -
How much security deposit do you charge the tenant?
We typically charge a security deposit equivalent to one month's rent. This is held in compliance with state regulations to ensure the property is protected during the lease term. -
How soon can you start managing my property?
We can begin managing your property as soon as it is available. Once we send you the Property Management Agreement (PMA) and it is signed, we immediately take charge of all operations. From that point on, we handle everything for you—including tenant screening, advertising, and all property maintenance, so you can enjoy a seamless management experience. -
What type of properties do you manage?
We manage a diverse portfolio of properties to meet the needs of various investors. Our expertise includes:- Residential Properties: Including single-family homes and long-term rentals.
- Multi-Family Properties: Managing apartment complexes and multi-unit residences.
- Commercial Buildings: Handling the specific needs of commercial real estate.
-
What type of reports do I get and how often?
While your property is on the market, we provide you with weekly updates generated from our leasing platform, Tenant Turner. These reports provide you with clear insights, including lead activity, completed showings, and feedback from prospective tenants, so you are always informed about the status of your listing.
Once your property is occupied, we conduct and provide you with an Annual Inspection report to keep you updated on the condition of your home. Additionally, you have 24/7 access to your Owner Portal in Rentvine, where you can view and download all uploaded invoices and expenses related to the maintenance and operation of your property. -
Who holds the tenant security deposit?
For your protection and to ensure full compliance with state regulations, all tenant security deposits are held in a dedicated Security Deposit Trust Account. These funds are kept entirely separate from operating funds and are maintained in accordance with legal requirements until the end of the lease term.
