ModernPM
FAQ

Questions we get, answered plainly.

If it isn't here, ask in the chat — and if we answer it twice, it ends up on this page.

For owners

Working with us.

What does management cost?

Our fees are on the pricing page, including the ones most companies leave off — setup, renewals, project management, eviction coordination. The fee table in your signed agreement is what controls.

How long is the agreement?

Terms are stated in the agreement, and cancellation requires written notice as set out there. There's no termination penalty and your files leave with you.

Can you take over mid-lease?

Yes, and it's common. We take assignment of the existing lease, verify the deposit is held correctly, rebuild the notice calendar and introduce ourselves to the tenant properly. Rent keeps collecting through the transition.

When do I get paid each month?

By ACH on a fixed date, from a brokerage trust account, with an itemized statement in your owner portal.

Who decides on repairs?

You set a dollar threshold at onboarding. Below it we handle it and it appears itemized on your statement. Above it, we bring you the scope and cost first. Habitability emergencies are handled immediately and you hear from us the same day.

Do you mark up maintenance?

No. Invoices pass through at cost.

What if I'm out of state or deployed?

A large share of our owners are. Everything runs through the portal, and we hold a notary commission in-house, which removes the usual headache of getting documents executed from a distance.

Do you manage condos and HOA units?

Yes, including resale certificates, demand statements and lender questionnaires.

Can you guarantee I'll get paid rent?

No. No manager can promise a tenant will pay. We screen to the standard the law allows, keep the paperwork right so your position stays strong, and can help you place an optional rent default policy with a licensed third-party carrier. See rent protection.

Will you sell my property later?

Yes. You're working with a licensed Washington Managing Broker, so selling, refinancing or buying the next one doesn't mean starting over with someone who doesn't know the property.

Tenants & applicants

Renting from us.

How do I apply?

Applications are submitted through the listing for the property you're interested in. See available rentals.

What do you look for in an application?

Our written screening criteria are provided to every applicant before you apply, and they're applied identically to everyone. Nothing is decided informally.

Can I pay move-in costs over time?

Where the law requires installment options, they're offered. The specifics are set out in the criteria you receive with the application.

How do I pay rent?

Online through the Tenant Portal.

Something broke. What do I do?

Submit a maintenance request through the portal. It's the fastest route to us, including after hours and for emergencies.

Are pets allowed?

It depends on the property and the owner. Where pets are approved, deposits and fees are set inside the caps that apply at that address. Assistance animals are handled under fair housing law and are not pets.

Didn't find it?

Ask in the chat. Someone reads every message, and the answer probably ends up on this page.