FAQs

Fredericksburg Area Rentals & Property Management specializes in the management of long-term residential rental properties, including single-family homes, townhomes, condominiums, and small multifamily communities. At this time, we do not offer management services for short-term, vacation, or furnished rentals.

Once you sign your Property Management Agreement, we get to work right away! 

After the walk-through, we can typically have your property fully onboarded and ready to lease in less than 30 days.

We’d be happy to provide you with a copy of our current management agreement, which we can send directly to your inbox for review.

At Fredericksburg Area Rentals & Property Management, our clients enjoy comprehensive, full-service property management solutions designed to make owning rental properties easier and more profitable. Our services include rent collection, property marketing and showings, tenant screening and leasing, maintenance coordination, resident communication, property inspections, financial reporting, and much more. Click here to learn more about our pricing and the services we offer.

Typically, we can have your rental property leased within 30 days, provided there are no pending renovations or major repairs.

If you decide to end your management agreement, we require a 30-day written notice in accordance with the terms of your agreement. Please contact your Property Manager directly to discuss the next steps and ensure a smooth transition for your property and tenants.

Proof of ownership and  insurance are required to verify you are the legal owner of the property and confirm that appropriate insurance coverage is in place. These documents help protect your investment, support effective risk management, and ensure we have the necessary information to manage your property with confidence.

Utilities must remain active during any vacancy to ensure all mechanical systems are operating properly and the home is ready for prospective residents. Having utilities on allows us to complete property inspections, verify the home's condition, and conduct successful showings. Once the property is leased, the resident will be responsible for transferring the applicable utilities into their name.

Your property will be marketed across multiple platforms to maximize exposure and attract qualified residents. Listings are featured on our website (click here to view available rentals) and shared on popular rental sites, including MLS, Zillow, Redfin, Apartments,com, Homes.com, Trulia, and many other leading platforms.

For owners with a single-family rental home, our management fee is 9% of the monthly rent. We also charge a leasing fee equal to one month’s rent when we place a new resident and a lease renewal fee of 15% when a lease is renewed.

Owners with multiple rental properties may qualify for discounted management rates. Click here to learn more about our pricing and services.

We make rent collection simple and convenient for both owners and tenants. Tenants receive timely reminders regarding upcoming rent payments and can submit payments securely through our online portal or by personal check or certified funds at our office. Our process helps ensure consistent rent collection while supporting a positive resident experience.

We require a security deposit ranging from the equivalent of one month's rent to up to two months' rent, depending on the applicant's qualifications.

Yes. Through your Owner Portal, you can conveniently access your monthly owner statements, transaction history, and other financial reports at any time. Likewise, residents can view their account ledger, payment history, and other account details through their online Tenant Portal.

At Fredericksburg Area Rentals & Property Management, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The RBP includes pest control (optional), air filter delivery, utility setup assistance, credit building and more at a rate of $30.99/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application.

Rent is due on the 1st of each month. Tenants are provided a 5-day grace period to submit payment without penalty. If rent has not been received by the end of the grace period, a late fee equal to 10% of the monthly rent is assessed to the tenant's account on the 6th day of the month.