Frequently Asked Questions

FAQs about Property Management Company

As a homeowner, there are a number of things that you’re responsible for when it comes to managing your rental property. From finding suitable tenants to doing maintenance, there are a lot of tasks on your plate when it comes to renting out your home. Property management companies like Roomskart handle a wide range of responsibilities, from marketing and leasing vacant units to collecting rent and maintaining the property.By handling all of the day-to-day tasks associated with running a property, owners can enjoy the financial benefits of owning an investment property without having to deal with the hassles of being a landlord.

 

There are several methods we use to locate tenants for our property owners, including partnerships with corporate HR departments, premium subscriptions on major property portals, social media campaigns, referrals from current customers, and a database of potential tenants that we can match with your property.

We prioritize renting our properties to responsible and trustworthy tenants. To ensure this, we thoroughly vet all new prospective tenants through a due diligence process that involves sending their identification documents to our legal consulting firm, InstaVeritas, for verification. This includes an in-depth check of the documents, including the Aadhaar verification process. Upon completion of these checks, InstaVeritas provides us with a detailed report outlining their findings. This helps us confirm that only individuals with a valid ID and verifiable background are permitted to rent our properties.

We offer three different models for property management, each with its own fee structure:

9% of the monthly rent for end-to-end property management services
A one-time tenant placement fee equal to 21 days of rent, which includes finding a tenant and assisting with the move-in and move-out process
Renting the property from the owner at a fixed rate and subletting it at a higher rate.

Our Customer Relationship Mangamement team will follow up with tenants to ensure that rent is transferred via bank transfer before the 5th of every month. Further, we have e-NACH mandate (automatic recurring payments) for rent collection from Tenants.

Yes, Roomskart.com is 100% safe and genuine platform. Check for reviews about us and our clientele.

 

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