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Owner FAQs

Answers to your frequently asked questions

  • Am I required to make my property available to Section 8?

    While there is no law that requires properties to be made available to Section 8, we determine whether we accept a tenant or not based on their overall application, and not on where their income comes from.
  • Are you licensed?

    Sound Property Management is owned by a licensed Real Estate Agent in Washington state.
  • Can I reach you after hours?

    Our office hours are from 9:00am to 6:00pm Pacific Time. We are open by appointment only on Saturday and Sunday. We have after-hour coverage for emergencies.
  • Can you put the money directly into my account?

    Yes, we offer direct deposit.
  • Do I get to see the lease or sign it?

    Leases are signed by Sound Property Management staff.
  • Do you sell real estate too?

    Sound Property Management is a full-service property management company that helps you find your next home as a renter and manage your property to get the most out of your investment.
  • How and when do I get my checks?

    Owner statements and funds are processed and sent out prior to the 15th of each month. Electronic deposits should be available on or before the 15th.
  • How is rent collection handled?

    Sound Property Management provides a tenant portal allowing residents to make payments online.
  • How long of a lease do you sign?

    The standard lease period for new leases is 12 months.
  • How much security deposit do you charge the tenant?

    The City of Seattle limits the amount an owner can charge their tenants for the security deposit, move-in fees, and pet deposits. The total amount of the security deposit and the move-in fees combined cannot exceed one month’s rent. Pet deposits cannot exceed 25% of the first month’s rent.
  • How soon can you start managing my property?

    Right away!
  • What type of properties do you manage?

    We manage an assortment of multifamily and single family rentals.
  • What type of reports do I get and how often?

    Shortly after your monthly funds are deposited, a monthly statement will be provided.
  • Who holds the tenant security deposit?

    Security deposits are held by Sound Property Management in a separate account from company funds.