Frequently Asked Questions with Oak City Properties

How long have you been in business?
Oak City Properties has been in business since 2012.

Are you licensed?
Yes, we are licensed by the State of North Carolina Real Estate Commission. Our License Number is C23673.

How many properties do you manage?
We manage over 300 residential real estate properties in the Raleigh area, Wake County, of North Carolina.

What kinds of customers do we work with?
Residential Real Estate Investment Property Owners. We can help you buy or sell the property, but our focus is on managing the investment property so that you can have more time to do things that matter the most.

How does your service stand out?
As a team with over 25 years experience, we provide 5 star service for our clients. Our goal is to offer you the best in property management and investor acquisition services to allow you to have the time to enjoy the success of your investment.

How stable is your company? IE will you be around in 6 months to a year when we need you?
Oak City Properties is very stable financially. We have grown at 20% to 30% per year and that growth has been steady. It’s allowed us to scale properly to meet your needs today and in the future.

How many references do you have?
We have over 38 five star reviews on our Google Reviews and we average a 4.5 rating. Google our name Oak City Properties to see them all.

What areas or locations do you manage?
Oak City Properties only manages properties within 25 miles of the center of Raleigh. Our goal is to provide complete coverage for our owners so that they can have more time to focus on other things in their lives. To provide the best service possible, we limit our covered territory to Wake County and areas immediately adjacent to Wake County.

Q: What is property management? A: Property management involves the operation, control, and oversight of real estate properties on behalf of the owner. This includes tasks such as marketing rental properties, screening tenants, collecting rent, handling maintenance and repairs, and managing tenant relations. Property managers act as intermediaries between property owners and tenants, ensuring that properties are well-maintained and generating income while minimizing vacancies and mitigating risks.

Q: Is it a good idea to hire a property manager? A: Hiring a property manager can be a wise decision for property owners, especially those with multiple properties or limited time and resources to manage them effectively. Property managers bring expertise in property marketing, tenant screening, lease agreements, rent collection, maintenance coordination, and legal compliance. They can help streamline operations, maximize rental income, handle tenant issues professionally, and alleviate the burden of day-to-day property management tasks. Ultimately, hiring a property manager can save time, reduce stress, and optimize the return on investment for property owners.

Q: What are the benefits of having a property management company? A: There are several benefits to partnering with a property management company:

• Expertise: Property management companies have in-depth knowledge of the local real estate market and industry best practices.
• Tenant Screening: Property managers conduct thorough background checks to ensure quality tenants, reducing the risk of late payments, property damage, and evictions.
• Maintenance Coordination: Property management companies handle maintenance requests promptly, ensuring properties remain in good condition and tenants are satisfied.
• Legal Compliance: Property managers stay up-to-date with landlord-tenant laws and regulations, ensuring properties are managed in accordance with legal requirements.
• Time and Stress Management: Outsourcing property management tasks to professionals allows property owners to focus on other priorities and enjoy peace of mind knowing their investments are in good hands.
• Maximizing Rental Income: Property managers implement effective rental pricing strategies and minimize vacancies, maximizing the return on investment for property owners.

Partnering with a reputable property management company can provide property owners with valuable expertise, support, and peace of mind in managing their real estate investments.