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Owner FAQ

How Does the Security Deposit Waiver Program Protect Owners?

Like many management companies nowadays, Revolution offers new tenants an alternative to the traditional security deposit. There are several different versions of security deposit alternatives in the industry now, ranging from in-house programs funded by the property manager to i...
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What is the Property Damage Guarantee?

Clients on our Gold Package pricing plan receive a special guarantee that no other clients receive, and few other management companies offer. Under that guarantee, if a tenant moves out and causes damage to the property over and above “normal wear and tear,” then Revo...
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Find out if You're Eligible for Rent Protection

With the exception of clients who are signed up for our Bronze Package with no monthly management fee, all other clients are enrolled in our Owner Benefits Package, which provides two (2) months of rent protection in case your tenant has to be evicted or skips out on their lease....
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What is The Process for a Rent Advance?

Revolution is one of the few property management companies in the country offering our owner clients the option for a rent advance: the ability to get your full lease term’s worth of rent upfront in a big lump sum. This option is part of our Owner Benefits Package. Thi...
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What happens after an eviction is filed?

While very rare (only about 1% of our tenants must be evicted), evictions do unfortunately happen. It is usually the result of someone losing their job, getting a divorce, or suffering some other major life event that renders them unable to meet the financial commitments that the...
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What happens if my tenant doesn't pay the rent on time?

While Revolution takes care of everything for you when a tenant doesn't pay on time, we figured it might be helpful to provide you a timeline of everything we do to collect from a tenant who is late or simply doesn't pay what they owe. Keep in mind that everything be...
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How do I transfer a property you manage to an LLC or Corporation?

For liability reasons, many landlords choose to hold their rental properties in LLCs or corporations. Whether this makes sense for you is something to discuss with us, your accountant, and your favorite real estate attorney. Generally, we recommend that if a property is owned fre...
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Can you loan me money for a repair?

If you need assistance paying for a repair bill, Revolution can probably help.Generally, we require clients to pay any repair bills within 30 days, and we deduct the cost of the repair from the rent income first. However, if you have a large repair bill that isn't cover...
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What happens after an eviction is filed against my tenant?

The eviction process can be confusing, but we'll try to make it as clear as possible in this article.While the eviction process in the markets where Revolution does business is generally pretty straightforward and relatively quick compared to other more anti-landlord states, ...
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I opted out of the Owner Benefits Package; can I opt back in now?

By default, Revolution offers a fantastic Owner Benefits Package (OBP) to all of our owner-clients. We think this package is a no-brainer, but some clients choose to opt out when they first sign up with us. That doesn't mean you can't change your mind, though!W...
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