100 Westlake Rd, Fayetteville, NC 28314 Areas Served
Manages single-family homes, townhouses, condominiums and apartments.
Provides custom packages of services to homeowners associations; can offer a few selected functions or total management.
Offers individual homeowners standard package of services: will market property, screen prospective tenants (including background and financial checks), execute lease, collect rents and provide accounting and tax statements.
Charges each adult prospect a $40 application fee.
Maintains online portals for owners and tenants, allowing access to reports and contact information and payments of dues or rents.
Inspects properties and oversees maintenance and repairs. If owner requests proposals for maintenance and repair work, passes along the $35 fees vendors charge for same. Seeks owner approval for maintenance work, and requires owner to pre-pay for vendor services. Charges $45 to inspect properties after a vendor has completed work.
Transfers rental proceeds to owners within 72 hours of receipt. Does not accept rent by check, eliminating NSF issues and speeding up collections.
Requires maintenance requests in writing.
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Team Harris Rentals
#6 best rated of 14 Fayetteville, NC property management companies
1400 Hope Mills Rd, Fayetteville, NC 28304 Areas Served
Charges monthly management fee of 10% of collected rent. Retains first month’s rent to cover setup fee, marketing and tenant procurement and home warranty setup.
Markets property, screens prospective tenants (including background and financial checks), executes lease, collects rents and handles property transitions.
Offers enhanced marketing package for $100; charges $400 to field calls if owner lists property on craigslist.
Makes key available for showings during vacancy; owner shows property when occupied.
Marks up contracted work by 12% if the estimate is over $1000 or if property requires quality assurance inspection upon completion. Charges $10 per incident to use home warranty if someone else set it up.
Provides year-end statements and 1099s; provides actual invoices only upon request.
Pays owners net proceeds by 15th of month.
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Peachtree Properties of Fayetteville, Inc
#7 best rated of 14 Fayetteville, NC property management companies
120 Westlake Rd, Fayetteville, NC 28314 Areas Served
Manages primarily smaller single-family homes, condominiums and townhouses. Can also manage HOAs.
Markets property, screens prospective tenants (including background and financial checks), executes lease, collects rents and produces accounting and tax statements.
Offers option to inquire about property online. Charges $50 application fee for 1-2 applicants.
Maintains portals for tenants and owners. Accepts online payments and maintenance requests.
Provides 24-hour emergency repair service and regular maintenance. Inspects for rental readiness before move-in.
Fayetteville vs Nearby Cities
Fayetteville is located in east-central North Carolina, which is one of the more affordable regions for real estate. The median listing price tends to stay around $200,000 in Fayetteville as well as in most surrounding towns. This includes Autryville and Parkton. These cities allow buyers to pay an average of $100 or less per square foot, and the median closing prices are often much closer to $100,000. Slightly higher real estate prices are found in select nearby cities. For instance, the median listing price in Hope Mills often spikes above $250,000. Home values are a bit higher in this city as well.
Fayetteville Property Managers
Many property owners hire professional managers to ensure that their investments are well protected. Even if you have just one rental unit, it’s difficult to keep track of the landlord-tenant laws and ensure that your property is in compliance at all times. Property managers also handle communications with tenants, and that includes answering questions, responding to requests for repairs and solving disputes.
Fayetteville Property Management Company Fees
A property manager may charge as little as 8 percent or as much as 14 percent of the rent collected from tenants each month. In some cases, a vacancy fee is charged when units are empty for a month or longer. Most contracts include a list of services included in the rate, and owners may have to pay additional fees when new services are requested.
North Carolina Landlord/Tenant Laws
When a landlord fails to return a tenant’s security deposit within 30 days, the tenant may file in small claims court for up to $5,000 in damages.
If a landlord needs more than 30 days to determine final deductions from a security deposit, they may deliver a partial accounting at the 30-day mark and then finalize the reimbursement by the 60-day mark.