Owner FAQs

How much do you charge?

Our management fees are very competitive. Full professional property management services are offered for 10% of the gross monies collected from tenants' monthly rent. A one-time setup fee of $150 is charged, which includes property listing, photos, signage, and uploading of all information to various websites for advertising.

How do I enter the property management program?

An inspection of the property takes place to ensure quality living and safety standards have been met. Upon inspection, we will let you know if anything needs to be done before it can be added to our Leasing Program. Our Property Management Agreement must then be completed, signed and returned, and the set-up fee collected.

Can you help me with financing or real estate investment issues?

Yes. We can assist you with buying, selling or financing investment properties.
Contact Watkins Realty Group for more information. 

How much rent will I get?

Rental rates are driven by the style, location and condition of your property, amenities and current market conditions. WRG Property Management aims to maximize your rental income while maintaining high occupancy rates. Contact WRG Property Management to discuss your property. 

How do I get paid?

Checks are sent out on the 5th of each month and mailed to you. You may also elect to have rent monies deposited directly into any designated major bank account.

What accounting information do you provide?

At the end of the year, we will provide you with an annual summary of all income and expenditures to assist you in preparing your tax return.

How will you advertise my property?

We effectively promote your property to the widest possible audience. This is done through a variety of media and resources, including:

• Posting “For Lease” signs
• Advertising in the local newspapers (advertising fees apply)
• Advertising on the WRG website
• Advertising on other San Diego property websites
• Listing in the Multiple Listing Service
• Broker and agent Referrals
• Company relocation referrals
• Optional government program referrals
• Broadcast Faxing

Will WRG charge me additional fees for advertising my property?

No, unless your property requires advertising beyond what is covered by the initial setup fee.

Do you still charge me if my property is vacant?

No.

How will you ensure that my property is properly maintained?

For new tenants, inspections are conducted after six months.

Additionally, your property will be inspected after each departure and before each arrival.

How will property repairs be paid for?

We will pay for property repairs as needed. A deduction for any repairs made will made from the gross montly rents received, and will appear on your annual statement. You will be contacted for approval on any repair over $150. We DO NOT MARKUP REPAIR EXPENSES.

What maintenance contractors do you use?

WRG Property Management has a range of competitively priced, quality contractors from all trades. All contractors are independent and are selected for their response times, quality workmanship and competitive pricing. If you have relationships with your own contractors and would like us to continue using them for your property, we are happy to accommodate this.

Who is responsible for insurance?

You must keep a landlord policy in effect during the lease period. This policy covers the property and liability issues. We recommend you have a loss of rents extension, which provides compensation for lost rental income should your property become uninhabitable due to fire, flood or other calamity. Your insurance broker will be able to provide expert advice on insurance matters. Renter's insurance is an option for the tenant.

Do tenants ever fail to maintain the property?

Yes. Occasionally they let things go and damage to the property occurs due to neglect. This is why a property inspection is important to monitor physical condition.

Can I limit the number of people occupying my property?

Yes. We recommend a maximum of two people per bedroom. Also, not all rooms in your property need to be made available (e.g. a six bedroom home can be rented as a four bedroom, with two bedrooms made unavailable to the guests).

What level of communication can I expect from you?

Each month we will send you a check for the current months rent, or deposit the rent funds directly into a designated bank account. You will be contacted for approval on any repair over $150. You will also be contacted should any unusual situation arise that needs the owner’s approval or input.

Can you deal with the Home Owners Association for my property?

It varies. We can deal with a development’s Home Owners Associations on some issues. On certain issues, they will insist on dealing with the owner only.

What happens if my tenant doesn’t pay the rent?

All landlords want tenants who pay the rent on time. Our credit checking procedures minimize the risk of problems in this area. WRG Property Management monitors rental collections and communicates with tenants immediately should rental payments fall behind. Should a tenant fail to meet their obligations, we will coordinate with you and proceed with legal action to evict the tenant.