The property should be in the best possible condition to attract a quality resident. Paint should be in good shape with marred or dirty areas touched up, carpets or flooring cleaned, needed repairs fixed, light bulbs replaced, carbon monoxide and smoke alarms installed and checked for operation. The home should be “detailed” clean and the yard should be maintained until occupied.

Managing a rental property can be a time-consuming and complex task, especially if you are not familiar with the local and federal laws governing landlord-tenant relationships. Therefore, it is important to thoroughly consider the questions listed above and evaluate whether you have the knowledge, skills, and resources to effectively manage your property.

If you are unsure about any of these aspects of property management, it may be wise to consider hiring a professional property manager who has experience in these areas. A property manager can handle all of the day-to-day responsibilities of managing your rental property, such as collecting rent, arranging repairs, and screening tenants, while ensuring that you are in compliance with all relevant laws and regulations.

Additionally, a property manager can provide you with valuable advice on setting rent prices, minimizing vacancies, and maintaining your property, which can help you maximize your rental income and minimize your expenses.

Ultimately, the decision to manage your property yourself or hire a professional property manager will depend on your individual circumstances and preferences. It is important to carefully evaluate your options and choose the path that is best for you and yourrental property.

As real estate investors, we understand how important it is to have an effective management of your income producing property. We know that whether you own a single rental unit or an apartment community, it represents an expensive and important investment for you; therefore, we are committed to maximizing your cash flow, minimizing the vacancy period, protecting your investment and achieving long-term relationships with you and your residents.

We market your property using several methods. First, we utilize the Ocala/Marion County MLS. This database is accessible by any Real estate agent in the area, and also connects to the major national real estate websites: Zillow, Trulia, Realtor.com, and several others. In addition to our digital marketing strategy, we also utilize quality photos and video to properly showcase your home. Finally, we pay out commissions to Realtors who bring us tenants. Still about half of our tenants use a Realtor to help them find their rental home. So, we offer commissions to these agents, to entice them to work with us. Furthermore, we also have leasing agents on staff who are dedicated to renting our properties!

We understand the importance of finding responsible and reliable residents. We require a detailed application from each adult. We will process the application by completing current and previous resident verifications, income qualification, rental references, criminal and civil court histories, and credit check.

We have in place a thorough process for maintaining and inspecting your rental properties. By performing periodic property visits and move-in/move-out inspections, we can ensure that our tenants are taking good care of the premises and that any necessary repairs or maintenance are being addressed promptly.

At move out, in the event of damages beyond normal wear and tear, we have a clear policy in place for deducting repair expenses from the tenant’s security deposit. This can help protect your property and ensure that tenants are held responsible for any damages they cause. Once all repairs have been completed, any remaining deposit is refunded to the tenants in accordance with Florida State law.

Overall, our approach to property management is proactive and responsible. It’s important to stay vigilant and address any issues promptly to maintain the value and appeal of your rental properties.

Yes, absolutely. We are happy to help you sell the property if you decide to do so. We have an excellent team of real estate professionals that will provide you with great exposure for your investment, minimizing days on the market and securing the best possible price. We can also assist you if you decide to do a 1031 exchange which allows you to postpone paying tax on the gain if you reinvest the proceeds of the sale in a similar property as part of a qualifying like-kind exchange.