Property management guarantees

Our Guarantees

Seven written promises that put our fees on the line, from a team managing Chicagoland and Northwest Indiana rentals since 1995.

Why we guarantee our work

We only do well
when you do

Most property managers get paid whether or not your rent arrives. Our guarantees tie what we earn to the results you care about: rent collected and deposited on time, residents who stay, and a manager who answers. If we fall short, we pay for it, not you.

Every ALPS owner-client gets these guarantees with full-service management. Ask us for the full terms before you sign.

In writing

Seven guarantees
for every owner

Each guarantee covers a risk owners worry about most: bad residents, pet damage, empty months, late money and a manager who goes quiet.

01

$1,000 Eviction Guarantee

Our resident screening is so thorough that if a resident we placed has to be evicted, we reimburse you up to $1,000 of the eviction expenses.

02

$1,000 Pet Damage Guarantee

Our pet screening is just as strict. If pet damage occurs, we reimburse you up to $1,000.

03

Tenant Placement Guarantee

If a resident we placed breaks their lease during the first 12 months, we re-lease your property with no leasing fee.

04

Rent Deposit Guarantee

You want your money fast, so we send your rent by ACH directly to your bank account by the 10th of each month.

05

Management Fee Guarantee

If we cannot collect the rent, we should not get paid. You only pay a management fee when we successfully collect the rent due.

06

Leasing Fee Guarantee

You do not pay a leasing fee until there is a signed lease and the resident has paid.

07

One Contact & Response Time Guarantee

You get one direct point of contact, your Executive Property Manager, and we return all communication within 24 business hours.

Pricing

Guarantees built into
our pricing

Our management fee starts at 8% of the rent we collect, and nothing in a month when rent is not collected. A new lease carries a leasing fee of 50% of one month's rent, due only once the lease is signed and the resident has paid.

Compare that with the industry practice of flat fees of up to 15% that are charged even when rent is not actually paid.

Google reviews

What owners
and residents say

4.9

Average of 137 reviews · read on Google

“The team at ALPS Property Managements has been fantastic! Highly responsive and on top of their game so I don’t have to be. They have been diligent and thorough and a reliable team that gets it done. Excellent communicators and just a great team to work with!”

LJ Busekrus

“ALPS Property Management has been managing my condo for the last 7 years, and it is one of the best property management companies i have ever worked with. All the employees of ALPS are extremely professional, they respond to any query or request very quickly, i will highly recommend ALPS for any of your property management needs.”

Min Zou

“Great company and a great team! They do an excellent job in their property management. They are always easy to get a hold of and very reliable. Would recommend!”

Cody Starostka

Areas we serve

Property managers across
Northern Illinois & Indiana

Our managers work across Northern Illinois and Indiana every day, so your house or building is priced on real local comps rather than a regional average.

Put our guarantees
to work for you

Tell us about your property and we will tell you what it should rent for, free and the same day.