Owner FAQs
Answers to your frequently asked questions
Getting Started
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What services do you offer as a property management company?
We provide full-service residential property management: marketing and leasing, resident screening, rent collection, maintenance coordination, financial reporting, and California compliance. We also bring strategic perspective to the bigger decisions, including annual portfolio reviews, return on equity analysis, and hold-or-sell perspective. And through Coastal Oak Real Estate, we handle sales and acquisitions when an owner is ready to transact. The goal is to manage your property well day to day while keeping the bigger financial picture in view.
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What types of properties do you manage?
We manage single-family homes, condos, and small multifamily properties (two to four units) as our core focus, and we take on properties up to fifteen units selectively where the fit is right. We also manage house-plus-ADU properties, which have become increasingly common across our service area. We don't manage large apartment complexes, mixed-use commercial, or institutional-scale properties. That focus is deliberate, because the operational discipline and strategic perspective we bring fit small-to-mid residential property well.
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How soon can you start managing my property?
In most cases, we can begin onboarding right away. The timeline depends on the property's current situation: a vacant property ready to lease can move quickly, while a property with an existing resident requires reviewing the current lease, verifying compliance, and onboarding the resident into our systems. We'll walk you through the specific timeline for your situation during our first conversation.
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How much does property management cost?
We use a straightforward two-fee structure: an ongoing management fee based on collected rent, and a one-time resident placement fee when we lease the property. No renewal fees, no inspection fees, and no markup on maintenance invoices. A few situational items have their own fees, plainly disclosed. Full pricing is published openly on our pricing page.
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Are property management fees tax-deductible?
In most cases, yes. Property management fees are generally considered an ordinary and necessary business expense for rental property, which makes them deductible. The same is typically true of maintenance costs, leasing fees, and other expenses associated with operating the property. Your tax professional can confirm how this applies to your specific situation.
Leasing & Residents
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How do you screen residents?
Our screening covers credit, income, employment, prior tenancy, and background checks. The criteria are reviewed by fair housing counsel and applied consistently to every applicant. We're looking for the information that actually predicts a successful tenancy: a consistent history of meeting financial obligations, verified income, and a track record of treating prior rentals well. The goal isn't a perfect applicant. It's a defensible, well-informed decision based on the factors that matter.
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How long does it take to lease my property?
Most rentals in our market lease within two to four weeks, though it depends on pricing, property condition, and market timing. A well-presented property priced correctly leases faster, and we'll give you specific recommendations to position your property to lease well. Pricing is the single biggest lever here. Overpricing extends vacancy and usually costs an owner more than a competitive price ever would.
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How do you market my property?
Every property we market gets professional on-site photography, custom floor plans, and a listing written to surface the features prospective residents actually care about. The listing then syndicates across the major rental platforms, including Zillow, Apartments.com, Hotpads, Trulia, and the MLS, along with our own website. Broad distribution matters because the strongest applicant pool is rarely concentrated on a single platform.
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Am I required to make my property available to Section 8?
Yes. California law prohibits discrimination based on source of income, which includes Section 8 housing vouchers. This means an applicant who would pay part of their rent with a voucher must be considered through the same screening process as any other applicant. We apply the same consistent, fair-housing-compliant criteria to every applicant regardless of how they intend to pay, and we keep your property compliant with the law. This is one of the areas where getting it right matters, and it's part of what we handle for you.
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How long of a lease do you sign?
Most of our leases run twelve months, which balances stability for the owner with flexibility to reposition the rent at renewal. Depending on the property and the owner's goals, other terms can make sense, and lease length is one of the things we think through strategically rather than by default. The right term depends on the owner's near-term plans, the season the lease would renew in, and the broader market.
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How much security deposit do you charge?
The security deposit amount depends on the specific property and situation, and California law sets the parameters we work within. We determine the appropriate deposit during onboarding based on the property, the lease terms, and current law. The deposit is set to balance protecting the owner's property with staying competitive in the rental market and fully compliant with California's requirements.
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Do I get to see the lease or sign it?
The lease is between you, as the property owner, and the resident, and you're involved in the process. As your property manager operating under our management agreement, we handle the preparation and execution of the lease using a current, California-compliant lease with all required disclosures. We keep you informed throughout, and the executed lease is available to you at any time through your owner portal.
Maintenance & Repairs
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How do you handle property maintenance and repairs?
Residents submit maintenance requests through a 24/7 point of contact. Emergencies that affect habitability or safety get immediate response. Routine requests move through a documented work-order flow: we assess the issue, dispatch a vetted vendor, and follow the job through to completion, with photos, invoices, and notes kept on file. Owners pay exactly what the vendor charges, with no markup, and can see the full maintenance history of their property anytime through the owner portal.
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How fast are maintenance issues handled?
Emergencies (anything affecting habitability or safety, like a major leak, electrical hazard, or loss of heat) are handled immediately. Routine maintenance requests are typically addressed within one to three business days, depending on the issue and vendor availability. Either way, the work moves through a documented process so nothing slips through the cracks.
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Who pays for repairs, the owner or the resident?
Owners are responsible for general maintenance and repairs that come with normal use of the property. When damage results from resident negligence or misuse, we document the issue and recover the cost from the resident, following the appropriate process and keeping you informed. The distinction between normal wear and resident-caused damage is one we document carefully, because that documentation is what protects the owner if a charge is ever disputed.
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Can I use my own vendors?
Yes. If you have vendors you prefer, we can coordinate with them as long as they're properly licensed and insured. Otherwise, we use our own vetted vendor network, built over time and screened for licensing, insurance, work quality, and reliability. Either way, the work moves through the same documented process, and owners pay exactly what the vendor charges.
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Do you conduct property assessments?
Yes. We complete documented assessments at move-in and move-out, along with periodic assessments during the tenancy, to record the property's condition and inform proactive maintenance. These are operational assessments rather than licensed home inspections, and the documentation they produce serves two purposes: it helps us stay ahead of maintenance needs, and it protects the owner by establishing a clear record of the property's condition over time.
Payments & Reporting
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How and when do I get paid?
Owner funds are disbursed by ACH direct deposit around the 10th of each month, after the previous month's rent has been collected and processed. Direct deposit means no waiting on mailed checks and predictable timing you can plan around. Along with the disbursement, you'll receive a detailed statement showing income, expenses, and net distribution for the month.
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How is rent collection handled?
Residents pay through a secure online portal that supports ACH transfers, credit and debit cards, and electronic checks, and most set up automatic payments. When a payment is missed, follow-up begins immediately through a documented process designed to resolve the issue early, before it escalates. Consistent, disciplined follow-up is what keeps rent flowing and protects the owner if a situation ever becomes serious.
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How do you handle late rent and collections?
Every missed payment triggers the same documented response, regardless of the resident or the circumstances. We make contact, work to understand the situation, and resolve most issues within the first few days. When a payment issue doesn't resolve, we escalate through a process that complies with California's specific notice requirements and keeps the owner's position protected legally and financially. Owners are kept informed at every step, and any decision about how to proceed is the owner's to make.
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What reports do I get, and how often?
You'll receive a detailed statement each month showing income, expenses, and net distribution, with every line item itemized. Beyond the monthly statement, you have real-time access through the owner portal to financials, work orders, lease documents, and the full record of your property's performance, available whenever you want it. At year-end, you'll receive the documentation needed for tax preparation, including 1099 forms.
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Who holds the resident security deposit?
We do. Security deposits are held in our California DRE-compliant trust account, reconciled monthly. Deposit handling is one of the most heavily regulated and frequently disputed areas of property management, with strict rules around how deposits are held, what can be deducted, and the timeline for returning them at move-out. Holding and managing the deposit correctly, with full documentation, is part of how we protect owners from one of the most common sources of landlord-tenant disputes.
Working With Coastal Oak Property Management
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Are you licensed?
Yes. Coastal Oak Property Management Inc. is a licensed California real estate broker (DRE #02249988). Property management in California is a licensed activity, and the brokerage operates under the oversight and trust accounting requirements that come with that license. Our founder is a licensed broker, and the work runs under the standards the DRE requires.
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Can I reach you after hours?
For residents, maintenance emergencies are covered around the clock through a 24/7 point of contact, so urgent issues affecting habitability or safety are handled immediately, day or night. For owners, we're reachable during business hours and responsive to anything that comes up. The goal is that nothing urgent waits, and nothing routine slips.
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Do you guarantee tenants?
We don't, and we'd rather be straight with you about why. Most "guarantees" in property management are marketing devices. They sound reassuring, but the fine print usually limits them to the point where they deliver far less than they promise. We'd rather build real protection into the work itself. That starts with disciplined screening: credit, income, employment, prior tenancy, and background checks, applied consistently through criteria reviewed by fair housing counsel. It continues with documented processes, proactive communication, and careful attention to compliance throughout the tenancy. If a resident we place breaks their lease during the initial term, we'll re-lease the property without charging an additional placement fee. We think the demonstrated process protects an owner more than a marketing promise ever could.
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What landlord-tenant laws should I know about?
California has one of the most complex landlord-tenant legal landscapes in the country. AB 1482's rent caps and just-cause eviction requirements, security deposit rules, habitability standards, fair housing law, source-of-income protections, required disclosures, and a shifting layer of local ordinances all apply depending on the property and its location. You don't need to be an expert in all of it. Keeping your property compliant across this landscape is a core part of what we do, and it's one of the main reasons owners work with a professional manager in the first place.
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Do you sell real estate too?
Yes. Through Coastal Oak Real Estate, we handle sales and acquisitions for owners who are ready to transact. Because we manage rental property every day, we bring a perspective most agents don't: we know what performs in the rental market, what holds value, and how a transaction fits into an owner's larger financial picture. For owners who came to us through a referring agent, we refer the sale back to that agent when the time comes. For others, we can talk through the options, including listing through Coastal Oak Real Estate when that's the right fit.
