Landlord Frequently Asked Questions
In Austin, property management fees typically range from 8-10% of the monthly rent. At IMC Capital, we charge a fee of 7% of the monthly rent or $100, whichever is greater. For a detailed overview of our pricing, please visit our property management pricing page.
No, we understand the importance of flexibility. At IMC Capital, we offer month-to-month contracts, so you are never tied down. You should always have the freedom to choose the best property management service for your needs.
We use a multi-faceted marketing approach to ensure your property is visible to potential tenants. This includes professional photography, online listings on popular rental sites, and our network of relocation agents. Additionally, we price the property competitively based on market conditions to attract quality tenants swiftly.
Absolutely, just ask. IMC Capital values the relationships we build with our clients. Our current clients are happy with the services we provide, and we’re confident they’ll be willing to share their positive experiences with you. Your information will also be kept private when you join us.
Determining whether to sell or rent your property can be a significant decision. We offer a FREE comparative market analysis to show you how much you can earn in monthly rent. Contact one of our property managers to get started.
If an eviction becomes necessary, our experienced property management team handles the entire process, from serving notices to representing you in court. We strive to minimize your stress and quickly re-rent the property to a qualified tenant.
We recommend keeping a contingency fund equivalent to six months of rent or mortgage payments. Additionally, ensure your property is appropriately insured. IMC Capital maintains a $400 reserve for your account for minor repairs, notifying you for larger expenses.
No, you are not required to accept Section 8. The areas we manage in Austin do not mandate Section 8 qualification for rental properties. If your property qualifies it provides a guaranteed income and cash flow. we will help you become approved if you choose to do so.
Yes, IMC Capital is fully licensed under the Texas Real Estate Commission. Our license number is 619902. we are licensed in Texas as well as licensed in California. we will be adding other states as we grow.
Yes, we are available after hours for emergencies. We also provide a 24-hour emergency number answered by a live person to ensure any urgent issues are promptly addressed.
Yes, all rental payments are directly deposited into our landlords’ trust bank accounts. IMC Capital utilizes the latest technology, allowing tenants to pay rent and submit maintenance requests online, ensuring efficient and timely management.
Your funds are deposited directly into your bank account by using ACH. We start distributing payments to landlords on the 8th of each month unless it falls on a holiday or weekend. Most owners will see their funds by the 10th of month, allowing for a timely and efficient payout.
Yes, we discuss lease parameters with you when setting up your account. Once criteria are established, we market the property, draft the lease in accordance with Texas law, and sign it on your behalf.
IMC Capital handles all maintenance using insured contractors who bid on the job to save costs for our clients. For larger repairs, we contract trusted third-party vendors at negotiated rates, ensuring quality service at a lower cost.
While we can finance repairs if necessary, it is generally discouraged. We recommend maintaining a reserve fund for unexpected expenses. Proper planning ensures you are prepared for maintenance needs without financial strain.
Yes, we assist landlords in buying and selling properties. We receive many referrals from local Realtors and always refer clients back to the original agent if necessary, ensuring seamless transitions.
We collect over 98% of our rents online. Each tenant has a login to make rent payments conveniently. We also offer incentives for tenants who pay rent on or before the 1st of the month using our online system.
Our standard lease term is 12 months. However, depending on the time of year, we may adjust this to align lease expirations with the peak rental season from May through July, ensuring optimal exposure for your property.
Our minimum security deposit is equivalent to one month’s rent. This amount may increase based on the tenant’s application results.
We can start managing your property almost immediately, depending on factors such as current leases, existing management contracts, or any outstanding maintenance issues. The onboarding process includes a phone interview, property visit, and exchange of keys and documents.
We specialize in residential, apartment, and commercial property management. We do not manage vacation or short-term rentals. IMC Capital is equipped to manage single-family homes, condos, and multi-family units, providing tailored solutions for various property types.
We publish monthly reports on or about the 18th to your online portal. These include an income/expense summary, a balance sheet, and a detailed owner statement. Annually, we provide an income/expense statement along with tax forms.
We hold all security deposits in a trust account, as required by Texas law, ensuring compliance and security for your funds.
We review each lease before its expiration to determine if a rent increase is warranted based on market conditions and property performance. We then negotiate lease renewals with tenants, ensuring terms are favorable for both parties.
We typically do not activate utilities unless necessary for make-ready work or during winter months to prevent freezing. This helps minimize your expenses.
We can make HOA and Mortgage payments, but there will be an additional fee for handling your payments. if possible, we do recommend that you pay your own payments but will gladly make your payments for you
IMC Capital offers a wide range of services tailored to the needs of HOAs and Community Associations, including administrative support, financial management, maintenance coordination, and compliance enforcement. We handle everything from board meeting management and record keeping to budget preparation and vendor management.
Our tenant screening process is thorough and detailed. We check credit scores, verify employment and income, review rental history, conduct background checks, and contact previous landlords. This ensures we place reliable and responsible tenants in your property.
We handle all maintenance and repair requests through our trusted network of vendors. Tenants can submit maintenance requests online; you are notified each time there is a requested repair. Our team ensures that issues are addressed promptly and professionally. We also conduct regular inspections to prevent major problems before they occur.
