Owner FAQs
Answers to your common questions
-
Am I required to accept Section 8 tenants?
Property owners are not required to accept Section 8 tenants unless mandated by local or state laws. We recommend reviewing current regulations in your area, and we’re happy to help clarify what applies to your specific property. -
Are you licensed?
Yes. Summit Point Property Management is a fully licensed property management company, operating in compliance with all relevant industry standards and state requirements. -
Can I reach you after hours?
Yes. We provide an emergency contact for after-hours issues. All non-emergency inquiries will be responded to during normal business hours. -
Can you deposit rental income directly into my account?
Yes. We offer ACH direct deposit for all owner disbursements. This ensures fast, secure, and reliable income transfers. -
Do I get to review or sign the lease?
Owners are welcome to review the lease before it’s signed. We typically handle the lease signing on your behalf unless you request otherwise. -
Do you also handle real estate sales?
Yes. In addition to property management, our team includes licensed real estate brokers and salespeople. If you’re interested in buying or selling property, we’re happy to assist. -
When and how do I receive my disbursements?
Disbursements are typically made once rent is collected and any outstanding expenses are deducted. Funds are sent via ACH direct deposit or check, based on your preferences. -
How is rent collected?
We offer multiple rent payment methods, including secure online payments through our tenant portal. Late payments are handled per the lease terms, with appropriate notices and fees applied. -
How long are your lease terms?
Most lease agreements are for 12 months. However, we offer flexible terms based on your property’s needs and current market conditions. -
How much is the tenant’s security deposit?
Security deposits are typically equivalent to one month’s rent but may vary depending on the tenant’s qualifications and applicable local regulations. -
How soon can you start managing my property?
We can begin managing your property as soon as it’s rent-ready and the management agreement is signed. We’ll guide you through the onboarding process step-by-step. -
What types of properties do you manage?
We manage a range of properties including single-family homes, multi-family units, condos, and commercial buildings across Barry County and surrounding areas. -
What types of reports will I receive, and how often?
Owners receive detailed monthly financial statements through the Owner Portal. This includes income, expenses, maintenance logs, and year-end tax documents such as 1099s and summary reports. -
Who holds the tenant’s security deposit?
Tenant security deposits are held in a dedicated trust account in compliance with state and local laws, ensuring proper handling and transparency.

