Owner FAQs
Answers to your common questions
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Am I required to make my property available to Section 8?
Property owners in Northwest Arkansas are not required to accept Section 8 tenants unless local or state laws specifically mandate it. We recommend reviewing the regulations that apply to your area, and we are happy to help guide you through what those requirements may mean for your investment. -
Are you licensed?
Yes, Peak Property Management is a fully licensed property management company operating within the Elite Realty brokerage in Springdale, AR. With more than 33 years of real estate experience, we operate in full compliance with all relevant industry standards and regulations, giving you the confidence that your investment is in capable and qualified hands. -
Can I reach you after hours?
Yes. We understand that urgent situations do not always happen between nine and five. We provide an emergency contact for time-sensitive issues, and our team is committed to clear and timely communication so you never feel left in the dark when it matters most. -
Can you put the money directly into my account?
Absolutely. We offer direct deposit for all owner disbursements, making the transfer of your rental income as smooth, reliable, and timely as possible. -
Do I get to see the lease or sign it?
Yes, as a property owner you have the opportunity to review the lease agreement before it is executed. As your dedicated property manager, we handle the lease signing on your behalf, keeping you informed every step of the way so you always feel confident about what is happening with your investment. -
Do you sell real estate too?
With more than 33 years of deep roots in the Northwest Arkansas real estate market, we are well positioned to have that conversation with you. If buying or selling is part of your long-term financial strategy, we welcome the opportunity to discuss your goals and point you in the right direction. -
How and when do I get my checks?
Owner disbursements are processed on a consistent, reliable schedule after rent is collected and applicable expenses are accounted for. We offer direct deposit to ensure your funds arrive efficiently and without unnecessary delays. -
How is rent collection handled?
We make rent collection as straightforward as possible by offering multiple payment options, including convenient online payment methods. Late payments are handled promptly and in accordance with the terms of the lease, protecting your investment and your cash flow. -
How long of a lease do you sign?
Standard lease agreements are typically one year in length, though we work with property owners individually to explore options that align with their goals and current market conditions. Your investment strategy matters to us, and lease terms are part of that conversation. -
How much security deposit do you charge the tenant?
Security deposit amounts are set in alignment with local market standards and legal requirements. The final amount may vary based on factors such as the rental price and the qualifications of the applicant, and we ensure the process is always handled with integrity and full compliance. -
How soon can you start managing my property?
We can get started as soon as the necessary management agreements are in place and your property is ready for leasing. Our goal is to make the transition seamless so your investment can begin working for you without unnecessary delay. -
What type of properties do you manage?
We manage a wide range of property types across the Northwest Arkansas area, including single-family homes, multi-family units, condominiums, and commercial spaces. Whatever your portfolio looks like, we have the experience and local market knowledge to manage it well. -
What type of reports do I get and how often?
Owners receive regular financial statements that clearly outline rent collection, expenses, and maintenance activity. We believe you should always feel informed and confident about the performance of your investment, and additional reporting is available upon request. -
Who holds the tenant security deposit?
Security deposits are held in a dedicated account in full accordance with applicable local laws and regulations. We handle this process with the same commitment to integrity and transparency that guides everything we do at Peak Property Management.

