Owner FAQs
Answers to your frequently asked questions
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Are you licensed?
Designated Broker & Founder Bonnie Kingcannon has had her Arizona Salesperson license since October 2008 and her Brokers license since October 2022. -
Can I reach you after hours?
Our business hours are M - F from 9am-5pm. Emergencies are responded to outside of these business hours. -
Can you put the money directly into my account?
We offer ACH debit straight to our owners bank account. -
Do I get to see the lease or sign it?
We will provide you a copy of the executed lease once it’s signed by all parties. As your Property Manager, we will sign on your behalf. We use the Arizona Association of Realtors lease agreement, which has been written by Arizona Real Estate Attorneys. -
Am I required to make my property available to Section 8?
Landlords are required to accept Section 8 vouchers as a source of income. -
Do you sell real estate too?
Yes! We are a one stop shop! We assist sellers, buyers and landlords every day! -
How and when do I get my checks?
We pay owners between the 10th-15th of the month as well at month end for any rent stragglers. -
How is rent collection handled?
Rents come into Thrive Realty where they are posted to each tenant's ledger account. We then pay city sales tax, vendor bills, and then owners. -
How long of a lease do you sign?
A typical unfurnished, long term rental is a 12 month lease. However, this can vary by property and landlord. -
How much security deposit do you charge the tenant?
Equal to One Month's Rent. -
How soon can you start managing my property?
As soon as you're ready, we are ready! -
What type of properties do you manage?
Single Family, Multi Family, Commercial Offices and Retail spaces. -
What type of reports do I get and how often?
You will receive an owner statement with a description of your income and expenses on a monthly basis. -
Who holds the tenant security deposit?
Thrive Realty will hold your tenant security deposit in the broker trust account and will release as necessary according to the law, when the tenant moves out.