Services
One fee covers all of it. Six things we do, and what each one includes.
What it costs. Three numbers, and nothing else on the invoice.
7%
of rent collected, for buildings of ten homes or more
8%
of rent collected, for six to nine homes
Half a month
of rent to lease a vacant home, once it is rented
What owners ask first. Fees are question one.
What does Storey charge?
A flat 7% of rent collected for buildings of ten homes or more, and 8% below that. Leasing a vacant home costs half of one month’s rent. There are no setup fees and no markup on repairs.
How quickly can you take over a building?
Usually within 30 days. We need the leases, the keys, the rent roll and your current vendor list. We write to every tenant ourselves.
When do I get paid?
Rent is due on the 1st. We pay owners on the 5th by bank transfer, with a statement for each building the same day.
Who approves repairs?
You do, for anything over $300. Below that we go ahead and you see the invoice on your statement. Emergencies are made safe first and reported the same day.
Do you manage single homes?
Not usually. We take buildings and portfolios of six homes or more, which is what our staffing is built around.
Can I leave if it isn’t working?
Yes. Agreements run month to month after the first year, with 60 days’ notice and no exit fee.