Property Management
Why is it important to have a company to manage your properties?
Having the backing of a solid, and reliable company to manage your investment in Florida is of vital importance. Knowing that being present will be able to respond immediately to the needs or emergencies of the tenants. The administrator can respond in the event of repairs, maintenance or any possible emergency.
What is the role of a company property management?
The role of property management is to coordinate and manage all the details of the property include:
- Manage payments: insurance, mortgage, utilities, taxes, maintenance fees.
- Coordination of professional services, maintenance, repairs, cleaning, etc
- File monthly financial reports and coordinate with the accountant assigned to the tax returns and results of gains and losses.
- Management estimates of flood insurance, claims, third party, etc
- Logistic management of income: collection, follow-up, selection of prospective tenants, sending notifications certified, payment reminders or expiration of the agreement and monitoring of eviction legal case if needed.
What is the monthly cost of this service?
The cost for this service is approximately 10% of the value of the monthly rent.