Owner FAQs

Answers to your frequently asked questions

Are you licensed?

Yes, for over 20 years.
Can I reach you after hours?

Yes, our email and phone messages are managed after hours.
Can you put the money directly into my account?

Yes, we will make an ACH deposit between the 15th and 20th of each month.
Do I get to see the lease or sign it?

Yes, once the tenant signs the lease, we will send you a copy for your records.
Do you sell real estate too?

Yes, we sell real estate in both Mobile and Baldwin Counties.
How and when do I get my checks?

You will receive your funds via ACH between the 15th and 20th of each month.
How is rent collection handled?

Tenants must pay through our online portal.
How long of a lease do you sign?

Typically one year.
How much security deposit do you charge the tenant?

One month’s rent.
How soon can you start managing my property?

Generally, within a short time frame.
What type of properties do you manage?

Single and multi-family properties along with commercial.
What type of reports do I get and how often?

We will post a monthly owner’s report to the owner portal.
Who holds the tenant security deposit?

Ole Bay Management will hold the security deposit.