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Frequently Asked Questions
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Why Blue Atlas?Income properties are one of the most important asset classes that investors have in their portfolios. Rental properties not only provide cash flow, tax deductions but also asset appreciation. At Blue Atlas Realty, we understand how to protect your investment. We are first and foremost, investors, and treat your valuable properties as our own. Property management encompasses so much more than just collecting rent, and we aim to demonstrate that to you from finding quality tenants, to advising you on how to maximize income.
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What are your fees?We aim for complete transparency at all times. Our fee breakdown is as follows: Monthly Management Fee: 6.9% Leasing Fee: 50% of One Months Rent. Renewal Fee: $195 What we are not charging for: We do not have a property reserve! We do not charge a maintenance coordination or mark-up fee. Contractors are licensed and insured 3rd party independent contractors. We do not charge during vacancy!
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Can I lease my own property?YES! We will happily pick-up management after you have leased the property. We are required to review documentation before signing Property Management Agreement to make sure Lease Agreement falls within Texas State Law and reduces liability for all parties involved.
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Do you handle Evictions?The Blue Atlas team acts as facilitators providing attorneys we partner with the necessary information for successful eviction. We will make the introduction, but the legal services agreement and client agreement will be between you and the attorney.
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How will repairs work?Remember how we are always looking to protect your investment? We take repairs very seriously and always keep properties up to the standards that will attract and keep good tenants. However, this is where experience with our personal investment portfolio becomes key. We will not approve extraneous requests and diligently investigate any damage that could be caused by the Tenant. Repairs over $350 require owner approval. The only exception to this is an emergency caused by fire, water, gas, etc., that puts the occupants in danger or the asset at risk of extreme damage.
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