Q & A

Yes, our Property Managers are licensed Realtors® / Brokers in the state they do business. Dedicated to property management, our Property Managers are also active members of the National Association of Residential Property Managers (NARPM®).

Of course, and thank you for asking. Anyone interested in our services can call our office at (530) 566-9223 or contact us here.

NVPM respects the Law of Agency and will work side by side with your Realtor. If a Resident is found before a Buyer is found, then you simply remove your listing from the sales market. If your Realtor finds a Buyer before a Resident is found, then you simply send us a copy of your contract and you can terminate without paying the full contract termination penalty.

It is recommended that a property owner be pet friendly where possible. Our standard pet fee to charge the tenant is $500 per pet for up to two (2) pets. Please note that by not accepting or considering pets you may be limiting your rental audience. Dog breeds considered aggressive are restricted. No smoking is allowed at any of our managed properties.

Get started by calling us at (530) 566-9223 or email us gerul@nvpm.net

Our in-house maintenance department dispatches service vendors for routine maintenance. Maintenance dispatchers are on call during after-hours, weekends and holidays for maintenance emergencies.

Tenant applications are processed electronically and include credit, past rental history, and income verification. Our scoring and tenant recommendation policies are at the higher end to help ensure a quality resident. Are system is set up to ultimately accept or decline prospective tenants.

We require all showings to be Agent assisted. No property access is granted unless the prospective resident is accompanied by a licensed Agent.

We advertise listings aggressively online through our website, Keywords via YP and Google, Signage and of course our website which averages 30,000 hits a month during prime months.

Yes, we call this our “One Time Lease Up” service option. We will find a well-qualified resident, prepare the lease between you and the resident, collect the first month’s rent and collect the security deposit. We then turn the lease and security deposit over to you and you assume management responsibilities for the lease term.

This is a popular discussion point in our given economy. If you are undecided on renting versus selling then consider this scenario: Why not market your home for sale and rent at the same time? Park Avenue Properties has the resources and relationships with top producing Realtors to help you market your home for sale while searching for a well-qualified tenant at the same time. We will refer you to a top producer at no charge to you to ensure you have the absolute best resources to assist you in your real estate needs. When the best first option, Buyer or Renter, comes along then simply terminate the other option.

Full Service Pricing

One home 10%

Two homes 9%

Three to six homes 8%

Seven to nine homes 7%

Ten or more homes 6%

These prices are for single family homes. If you have a small apartment complex, please contact us directly for pricing on your property.

These percentages come from the rent/fees collected, so if no rent is collected, no fee is collected. These prices are for homes and condos only. Please contact us in regards to apartment pricing.

One Time Lease Up

A fee equal to 1/2 of a full months rent or $1,000.00 (whichever is greater) for services rendered. This fee will be deducted from the collected rent. The resident’s security deposit is released to you. There is a one-time $200 marketing fee charge if you are to back out of the service/agreement.

Finding and screening a qualified tenant, preparing and executing the lease, performing pre and post move-in inspections, collecting rent, collecting and holding the security deposit, disbursing monies to the owner, handling all maintenance issues, paying bills, evicting (if necessary & fees not incl.), and responding to any and all tenant / 3rd party issues.

All rent is due on the 1st and late after the 5th. This said, property owners are paid after rent is collected, cleared and Fees/charges deducted. The 15th of that month is generally when you will receive your electronic ACH deposit depending on weekends and holidays. A monthly statement will be posted to the online owner portal and will include all income, expenses and owner draws collected and disbursed during the month. Owner draw payments are disbursed via direct deposit to a checking or savings account of your choosing. There is no additional charge to our homeowners for this service.

Our general rule of thumb is that we manage properties in Chico and a little outside of it