The resident pays us the rent every month sometime between the first and sixth of the month. Most of these payments are by personal check. Since we deposit this check into an escrow account, we have to insure that the funds are present to reduce the possibility of bad checks. We also understand your need to get your money in a timely manner. Depending on the month, weekends and bank holidays, we will be either initiating a direct deposit into your account or cutting a check to you on or about the 10th of every month. Sometimes it can be as early as the 10th or as late as the 13th. The Federal Reserve rules state that we must allow two days for direct deposits to be credited into your account. If we initiate the direct deposit on the 11th, you should see it in your account two banking days later, on or after the 13th, depending on how the weekends and holidays fall. Paper checks are placed in the USPS mail with first class postage. It should take between 2-4 days for the majority of the continental US to receive first-class mail from our office.
We will post your monthly statement online in the company website secured Owner Portal, one operating statement per month, showing income minus expenses equaling cash flow. Additionally, we will scan and upload all invoices/receipts for all maintenance coordinated by our firm. Your monthly statements are posted online the same time the direct deposit is initiated.
For those that chose USPS mail, you will also receive a monthly operating statement once a month and it will include the originals of the invoices/statements. Your monthly statements are placed in the mail along with your proceeds check.
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What Sets Us Apart
From Other Management Companies
The professionals at McCreary are just that, Professional Real Estate Managers. If you bought your property as an investment, you want the property to be managed to its highest and best potential to produce income and increase in overall value during your ownership period. If you are converting your personal residence into a rental property, then you need to have a management company with experience in assisting property owners with turning the family home into the family business.
Our staff are trained and educated in the policies, procedures and methods of classical real estate management from the very best industry sources. They then convert this training into results for you that fit your goals and objectives in the ownership of the property we will be managing for you. We are not sales agents that just need to have some income until real estate sales improve. We have decades of experience being professional property managers for thousands of owners just like you and will still be here once the sales market improves!