YD Fortune, we take the stress out of owning properties in YD Fortune. Our management services are designed so that your role as the owner is only to sit back and relax. We’ll take care of all the rest.

FAQ

HOW DO YOU PRICE MY PROPERTY?


We do an exhaustive analysis of comparable properties in the market and price your home accordingly. The goal is to earn you the most rent possible while minimizing your vacancy rate and ensuring we place the most qualified tenants.




WILL YOU ADVERTISE MY PROPERTY?


We market all our vacant properties aggressively. We will post a For Rent sign, place a listing on the most popular rental websites, and utilize the Multiple Listing Service (MLS).




WHAT HAPPENS DURING A TENANT TRURNOVER?


Once the tenant moves out, we do a move-out inspection where we complete a report and take photos of the entire property and compare them to the photos we took before the tenant moved in. This lets us determine normal wear-and-tear of the property vs. tenant caused damages, which are deducted from the tenant’s security return. We repair anything that is broken, patch and touch-up walls, and professionally clean the entire home for the next tenant’s arrival. And we do it all in only three days!




HOW ARE RENT PAYMENTS COLLECTED? HOW OFTEN WILL I GET PAID?


Rent payments are collected online. Owners receive ACH payments once a month, generally by the 5th of the month.




HOW DO MAINTENANCE REQUESTS GET APPROVED?


Tenants can submit maintenance requests through our online Tenant Portal or by calling our office. Requests are logged and reviewed by our Full-Time Property Management staff who then take steps to determine what the source of the issue is. We have on-site staff who can take care of small repairs immediately, and a team of professionals who are qualified for everything else.




DO I NEED ANY SPECIAL LICENSING IN ORDER TO RENT MY PROPERTY?


Yes, you do! The City of Philadelphia requires you to have a Commercial Activity License, Housing Rental License, and a Rental Suitability License, all of which we take care of for you under our Property Management services.




WHAT IF A TENANT STOPS PAYING RENT?


Our strict tenant screening process greatly reduces the likelihood that your tenants won’t pay rent on time. However, bad things happen to even the best people, so if a tenant can no longer pay rent, we will begin the eviction process and place a tenant who can pay rent.





215-246-3464 

 1500 Market Street,12th Floor East Tower, Philadelphia, PA 19102

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© 2018 YD FORTUNE, LLC. ALL RIGHTS RESERVES