Owner FAQs
Answers to your frequently asked questions
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Why should I choose Fifth Principle Properties?
Because we combine military precision with investment-grade management. We consistently maintain under 5% vacancy, strong tenant satisfaction, and disciplined financial oversight. Veteran-owned, mission-focused, results-driven. -
How do you handle evictions if necessary?
Evictions are rare due to our screening process, but if needed we manage the full process, from notices through court representation, ensuring compliance and minimal disruption to cash flow. -
Do you help investors buy or sell properties too?
Yes. We help investors source off-market deals, analyze ROI, and handle acquisition-to-management transitions. -
What’s your average owner return or cash flow improvement?
Most owners see a 10–20% improvement in annual cash flow versus self-management or prior firms, depending on asset type and market. -
How do you report financials to owners?
Owners receive monthly financial statements, rent rolls, and year-end tax summaries through a secure online portal. Reports and maintenance records are accessible anytime. -
Do you handle maintenance and repairs?
Yes. We coordinate maintenance with licensed and insured vendors, focused on quality, cost control, and speed. Owners receive full invoice transparency. -
What’s your average Days on Market for a rental?
Most rentals lease in 14–21 days depending on price point and season. We use professional photos, online syndication, and fast responsiveness to speed leasing. -
How do you screen tenants?
We run comprehensive screening: credit, background, employment verification, and rental history checks. -
What’s your management fee structure?
- Single-Family (Atlanta & Columbus): 10% of monthly rent
- Short-Term Rentals: 23% of gross booking revenue
- Multifamily: 9% + $40 per unit setup
No hidden fees, clear performance-based pricing.
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Are you a veteran-owned company?
Yes. Fifth Principle Properties is veteran-owned and operated, applying discipline, precision, and integrity to protecting real estate investments. -
What types of properties do you manage?
Single-family homes, small multifamily buildings (up to 60 units), and short-term rentals. Most are long-term rentals near Fort Moore, plus mid-term/STR across Georgia and North Florida. -
How much can I get for my property?
Rental rates depend on seasonality and market demand. Peak season is typically May–August, demand dips after August, and often spikes again in December–January. We price using local comps and market data. -
What is your current vacancy rate?
Under 5%, driven by strategic pricing, proactive renewals, and strong tenant screening. -
How much is your average turnover cost?
Average turnover is approximately $675 (light maintenance, professional cleaning, and minor touch-ups). Actual costs vary by condition. -
Where do you operate?
Columbus, GA (near Fort Benning) and Atlanta, GA, with a small portfolio in North Florida.