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Frequently Asked Questions:
Q: Why choose Blue Sea property Management?
A: We treat each property as if it is our own. With over 20 years "in the trenches", you gain the benefit of not having to relearn expensive lessons. We relieve the stress of managing rentals AND deliver higher profitability to you while maintaining and increasing value.
Q: How long will it take to lease up my property?
A: That is impossible to say. Each property is unique in its location, amenities, and features it offers. In addition, market conditions will also dictate lease up times. If a property remains vacant for very long, we will contact you to discuss options. Pricing your property competitively and having it in the best condition possible are crucial to effective marketing .
Q: How do you advertise? Who pays for it?
A: We use the Internet extensively. We employ search engines to drive prospects to our website, and we advertise our vacant properties on several Internet-based rental listing services such as www.homeaway.com . We also use yard signs. These advertising strategies are all included free with our management. If you wish to place your property in either newspaper classifieds, we can do so and pass the fee through to you.
Q:Should I allow pets, smoking, and children?
A: With regards to pets and smoking, that is your choice. If pets are allowed, we collect a non-refundable pet fee. We typically permit a 'limited smoking policy that permits the Tenants to smoke outside the home/unit. But ultimately the choice is yours and we will implement whatever policy you prefer. As such we do not (nor cannot) discriminate based on family structure or size. We are a fair and honest management company that seeks to find the best possible candidate regardless of family size or other protected classes.
Q: What happens if the rent is not received on time?
A: If rent has not been paid in time then we give the tenant a call or email. If we do not hear from them then we issue a 10-day Pay Rent or Vacate Notice. After 10 days is up, if the rent is still not paid, we begin eviction proceedings. We work diligently with our tenants to avoid eviction and have had great success thus far.
Q: What happens if the tenants break the lease?
A: Under Costa Rica law, they are loosing their security deposit.
Q: How are security deposits handled?
A: Security deposits are held by us in a non-interest bearing account. When the tenant moves out, we retain that portion of the deposit necessary to restore the property into a 'rentable condition' except for normal wear and tear. Any balance is returned to the tenant.
Q: When can I expect my check and monthly reports?
A: Checks, or bank transfers, go out usually between the 6tha nd 8th of each month, depending on weekends. Expect bank transfers to take 3-4 days to clear. We email monthly reports at the same time. We also post an archived copy of each report to your private, secure account on our website.
Q: How is maintenance of the property handled?
A: We take the maintenance of our properties very seriously. We have internalized the maintenance with our own maintenance division in order to control both quality and cost. Our maintenance staff is trained on how to make repairs quickly and efficiently, and which materials to use to achieve optimum results. If the job is outside our capability then we will hire a contractor and supervise their work. However, you are not required to use us. You can do the work yourself or hire anyone you want.
Blue Sea Construction team can manage all your residential community maintenance and renovation projects.
Ask us for an estimation on your Property Management Custom Plan
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