Historically most people are shopping about 30 days ahead of time for their next rental. So typically it will take one to two months to rent out a property. Our current market here in Middle Tennessee is more aggressive than other parts of the country, so lately we've been seeing homes leasing in less than 14 days.
However, this isn't a given. Location, condition, and rental amount will also have an impact on how long it will take to rent your property.
Understand a property that is clean and in good condition will rent quicker than a home that has not been cared for. The number of bedrooms, bathrooms, square footage of the house and features of the house will determine how much your property will actually rent for.
You can specify whether or not you want tenants with pets (in most situations) or even tenants who don't smoke although all our properties are marketed as smoke free. However, the more restrictive you are, the longer it could take to rent your property.
You cannot discriminate against any protected class under the federal fair housing or local fair housing laws, such as saying you don't want children. Because of this, it is best that you stay out of the selection process. We are professionals in leasing. We use specific criteria that every applicant has to pass in order to rent your property.
The tenants do have responsibility for some of the maintenance on your property. They have to replace light bulbs, change filters, change batteries in the smoke detectors, and provide for pest control. Tenants are usually responsible for the lawn care as well.
When repairs need to be done outside the scope of the tenant's responsibility, we would have one of our sub-contractors handle the job. Anyone doing maintenance on your property is screened and insured for liability. We handle the calls at all hours of the day or night. So you don't have to deal with that call in the middle of the night.
If we go out and find that the problem was tenant caused, the tenant will be billed and responsible for reimbursement of the charge.
Our tenants make all payments to Prime Rentals & Real Estate via our online tenant portal. All rent is due by the 5th of the month. For most landlords it is reasonable to expect your funds by the middle of the month. Funds are delivered via Direct Deposit.
Sometimes life happens and rent gets paid late. We communicate with our tenants and remind them of our expectations for timely rent. We do our best to protect our landlords and place tenants who will pay the rent on time, everytime.
Our lease includes a 5 day grace period. If rent remains unpaid on the 6th day then the tenant is automatically charged a 10% late fee. When necessary, we will issue a demand notice for the tenant to pay rent or face removal . If they still fail to pay, we will proceed with a legal removal.
Your monthly rent is due by the 1st of each month. Tenants are able to pay rent online through the tenant portal with an e-check. You may also pay with a credit or debit card, but a service fee will apply. Payments are not accepted in the office.
I hope so!! We would love to refund your entire security deposit. We expect to receive the property back from you in the same condition in which you received it at move in. The property should be left in clean, move-in ready condition. Deductions may apply for cleaning or repairs needed as determined at your move out inspection. We always suggest that tenants attend the move out inspection.
In the case of a fire or life threatening emergency, please call 911. If you are experiencing a non-threatening maintenance emergency please call your property manager right away.
For non-emergency maintenance, you may submit requests through your online tenant portal.
If your lease includes an early termination clause and you decide to move out prior to the end of the lease term then you will be required to give us 30 days written notice, pay rent through that 30 day notice period, pay the early termination fees, and leave the property in a clean and “rent ready” condition. If you do not have an Early Termination Agreement you will lose your security deposit and you will owe rent through the end of the lease term or until a new tenant moved in and started paying rent – whichever occurs first.