Owners Property Management FAQ

Yes, we are licensed Real Estate Agents in the state of Florida.
We only manage residential properties; including single family homes, condos, townhomes, duplexes, triplexes, and smaller apartment complexes. We do not manage Home Owners Associations (HOA’s) or commercial property.

Yes, provided our terms and conditions are met. We can acquire mid-term lease or when that the current lease concludes. In cases where the resident is behind in their rent, we can take the necessary steps to either get them to pay or evict if we cannot obtain payment. Many residents will suddenly find a way to pay the rent or move as soon as they hear that a management company has been secured to follow through with collection.

We typically are able to start marketing properties within 24 hours of receiving the signed management agreement.
If you (as the owner) are allergic to pets then we would suggest that you not allow pets, but roughly 66% of Americans have pets so to market a home as a “no pets” property, means we’re eliminating over half the pool of qualified renters for your property. Not only this, people with pets are less likely to move if pets are allowed. Should you decide to market your property as “pet friendly”, we will always look at factors such as the breed of the animal, the animal’s age, and the prospect’s history in renting with a pet.

An additional pet deposit is required at lease signing. This fee can be either refundable or nonrefundable depending on the circumstances.

Service animals are not considered pets, and therefore can not be denied occupancy or charged any additional fees.
Our application process includes checking credit, rental history, verifying income of three times the rent amount, a national eviction search and a national criminal background check. This is the most important part of the job that we do for you.
Rental rates are reviewed on an annual basis and depending on market conditions recommendations are made to you during the lease renewal process.
The security deposit is equal to one month’s rent and is deposited into the owners account for the duration of the lease. These funds can be used if the tenant breaks the lease or causes damage to the property that is not repaired.
If your property was previously your personal residence, it is very important, once it becomes a rental to switch the insurance to a rental policy. This is very different from your homeowner’s policy and you do not want to give your insurance company any reason to deny a claim. Also, if your property is every going to be vacant for more than two months, you also need to speak with your insurance provider about that and may need a special policy for this situation.
If it is noted on the property visit that your tenant is not keeping the property to the required standard, then a lease violation is issued, stating the items that need to be resolved. If this is not done within the stipulated time frame, usually 10 days, we will contact you to discuss the next course of option, including a lease termination notice if necessary.
Have a question not listed above? Please contact us today and we will be happy to go over it!