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What is AMOSO? What does AMOSO mean? What does AMOSO stand for?

This is the number 1 most common question we get asked. AMOSO is an acronym. When our Founder, Joe Ord, bought his first rental property he decided to name the holding company after the women in his life.  His oldest Daughter’s name is Allyson (A) Michelle (M) Ord (O) and his wife at the time was Sanja (S) Ord (O), combining them makes AMOSO.  Fun Fact: When my youngest Daughter was born, we named her after her Grandmas, Anna Margaret, so she gets to be the AMO in AMOSO as well!

Do you only manage Single Family Homes?

No, We manage Mult-Family, Apartment Complexes, Commercial Buildings and HOA as well.

Why wouldn’t you mange my rental property?

At AMOSO property management we strive to help as many rental property owners as we can, but we are selective in the properties we choose to take under management. While building our own portfolio of properties we developed a set of minimum standards that our own properties must meet. These standards are what has made us a sought after landlord in the market, and we wish to maintain this reputation. We will not take on a property if the owner is not willing to meet these standards or properly maintain his or her unit. Sometimes we will deny management on a property based on its locality due to crime rates. The safety of our personnel in the field is very important to us. Locality plays a factor in the rent ability of a unit as well. There are some cases where due to external conditions, renting properties in certain areas is very very difficult, even for leasing experts like AMOSO.  If we feel we can’t lease a property for any reason we will tell you.  If the reason is correctable we will encourage you to make those corrections, and then we will reconsider our management decision. If the problem is not correctable we will just politely decline the opportunity.

Why won’t you manage my 1 bedroom units?

In most cases AMOSO does not take on 1 bedroom homes, or apartment complexes with only single unit apartments.  This is purely a company decision on what types of properties we wish to manage. AMOSO will manage 1 bedroom units as part of a larger complex with a mix of different size units.

I have 10, 20, 50, 300 hundred homes I want you to manage, do you provide a volume discount?

No.  As much as we would love to get your large portfolio of business, we cannot cut our single family rates to get it.  We have set our flat rate fee structure so that we can afford to provide you with Excellent Service and if we cut our rates we will not be able to meet the quality and Excellence expectations our clients demand.  Whether you are bringing us 1 property or 1000 properties, the amount of work per unit is the same, which requires our rate to be the same.

“Bottom Properties” as said they will manage my properties for 8%, 7% etc. Will you meet the price?

No. Our price for single family units is $89/mo/unit.  If we reduce our price will have to sacrifice services and quality of services we can provide. We understand bottom line is a big consideration in cash flow, so if you choose to go with the cheap guy, we get it, but make sure you review the fine print.  A lot of discount Property Managers will slide in undisclosed fees, such as security deposit collection fees, or monthly minimums.

Other Property Managers charge their fee on Security Deposits and also charge minimum monthly fee, why don’t you?

Our policy on security deposits is simple. A security deposit is meant to secure a home. If the tenant takes care of the home, they will be due their entire security deposit, and we do not feel a property owner should have to come out of pocket to make up a fee to pay a tenant a full deposit.  As far as monthly minimums, if we take on a property for management, we have a reasonable expectation that we can lease it for you and we do not think we should get paid unless you do.  Please do not confuse this with our Vacant Property Policy.

What is your Vacant Property Policy?

We do not manage conically vacant properties.  Of course there is vacancy experienced prior to Leasing placement and in between tenancies at a property.  Chronically vacant properties are those properties that an owner has no interest in fixing to make rent ready and cannot pass code requirements to Lease.  If an Owner has a long term vacant property has part of a larger portfolio we manage, and due to that owners financial model the vacancy must remain, we will manage it under our Vacant Property Program Rates, separate from our standard management rates.

Why can’t you give me a quote over the phone for my apartment complex?

Unfortunately, we need time to review the details of your apartment complex. How many units does it have, and what the unit mix? What is the current vacancy rate, and rent roll? Does the complex require a full or part-time on site manager. How is maintenance currently being handled at this location? How should maintenance be handled at this location. Does the complex have HUD funded requirements that are being or not being met? We like apartment complexes and we will customize a program and price to fit your needs, please give us an opportunity to review your project!

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