Owner FAQs

Rent commands are dependent largely on the location and quality of the home. There is also a delicate balance to strike between maximizing a home’s rental income and minimizing its vacancy period. We are happy to help you find that balance and make the most out of your investment property. Please contact us here to receive a free rental analysis, and we can schedule a call to help you understand what your home could likely rent for.

Please visit our pricing page here for a full breakdown of our transparent pricing.

No. We believe in creating maximum alignment with our owner clients, so we do not charge management fees for vacant properties.

We pride ourselves on our best-in-class service within the single family and small multifamily (2-4 units) management space. We are strongly committed to deepening our roots in this niche and would love to discuss how we can help you do the same.

In most cases, we need less than a week to get a signed property management agreement, inspect the property, and receive the keys. Depending on a few factors including the size of the portfolio and a property’s occupancy status, we can work collaboratively with owners and tenants to ensure the most efficient transition possible.

Yes. We conduct frequent inspections to assure that your property remains taken care of by the resident. Photos are taken before move-in, mid-lease, and at the time of move out to accurately reflect any damage done to the property during the term of a lease.

Please refer to our detailed marketing page here for more information on how we make sure the highest number of qualified applicants are seeing your property during the listing process.

Many of them! Luckily at Alvara we make sure your property (and the management of it) are fully compliant with all rules, regulations, and laws.

For emergencies we are available 24/7. For routine questions or concerns, we ask that you reach out via email or call during normal business hours (M-F 9am-5pm).

Properties that are well-maintained and priced appropriately should rent in 30 days or less. We can provide owners with listing analytics as requested during the marketing phase to ensure the most efficient turn possible.

The condition of the property is directly tied to the quality of tenant it will attract. As a result, we want to make sure the property is updated and clean before we show it to any prospective tenants. Please refer to our list of Rent Ready Requirements here for more details.

No, but we encourage you to consider that over 60% of Michigan residents have pets. If you decide not to accept pets, you are reducing your prospective inquiries by more than 60%. We naturally encourage owners to allow pets.

No. We aim to ensure a fair and equitable process for everyone involved, and as a result all of our application approvals are handled directly by our experienced team in adherence with Fair Housing guidelines.

We can provide you with a copy after a tenant executes a lease, but no need for you to sign. The tenant signs a lease with Alvara acting as your Agent.

Please visit our rent collection page here for a detailed overview on our rent collection process and timeline.

We make ACH payment directly into owners' accounts for the amount of rent collected minus management fees and any expenses incurred during that period. We close out our accounting cycle and send owner distributions on the 15th day of each month. If the 15th falls on a weekend or holiday, the processing will take place on the following business day.

Alvara holds all security deposits in a trust account in compliance with state regulations and to assure a more seamless collection and distribution process.

All owners have access to an online portal where they can access up-to-date financial reports. Click here for access here.

Yes. We are experienced in taking over management in situations where an owner may be facing a difficult situation with an existing tenant. We thoroughly analyze the situation and work to ensure that the tenant gets up to date with payments or vacates the property if necessary.

We handle all repair requests and use vetted, high quality vendors.

No. Ultimately our job is to maximize your return on investment and minimize your liability. We put every maintenance project that we undertake to bid among our trusted subcontractor network, all of whom are vetted thoroughly. By overseeing the vendor selection process, we are also able to drastically reduce the odds of an elongated project and get your property listed (and cash flowing!) as quickly as possible.