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#1 Owner Frequently Asked Question - SMTM

#1 Owner Frequently Asked Question - SMTM

The market continues changing in the Denver Metro Area and this may be the first time you need to or have considered hiring a Property Manager. It might make sense to lease out your home rather than sell it right now!

We understand this. I understand. We have managed rental homes for 21+ years from our brick-and-mortar location in Aurora. The information below is provided to help you understand how we do business and how Stars & Stripes Homes serve you. Questions? Contact me, I am here to walk you through the process.  Our inn is full.  The rental market is strong. We need your home to lease to well-qualified tenants. If you choose to lease your home now due to softer market conditions and sell when the re-sale market improves, we can do that too.  

1. When Do I Receive My Monthly Proceeds And Statement?

Show me the money (SMTM) Stars & Stripes Homes, Inc. uses Appfolio, a best-in-class Property Management software accounting system.  Using Appfolio, our accountant will send your proceeds electronically to your bank account of choice between the 7th and the 9th of every month. Variables will be (1) when your tenant pays the rent, and (2) how long your bank takes to process and post the deposit to your account.  Want to sleep better at nite? Recommend having at least one month's mortgage payment in reserve. We understand and are sensitive to the fact that you must receive your proceeds as soon as possible.

You will receive a monthly statement. Expect to receive your monthly statement by the 15th of each month. When your monthly statement is ready, you will be notified by email.  Click Here to view a Sample of the Monthly Cash Flow Statement and click Here to view a Sample of the Year To Date Cash Flow Statement. For additional information on accessing the Owner portal, click here.

All of our Frequently Asked Questions are available at;

https://www.denverpropertymanagementcompany.com/faq


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