Repairs – Why do you require reserve funds for my rental property?
Repairs – Why do you require reserve funds for my rental property? Our vendors are paid upon completion of the work they perform making it essential to maintain a ready reserve of funds available to pay for basic service calls. We will communicate with you and request additional funds in the event of a larger…
Read MoreOwner Communication – How will you notify me of maintenance expenses?
Owner Communication – How will you notify me of maintenance expenses? Although routine, many expenses are unexpected. Maintenance items will occur periodically. In the interest of efficiency, we order all minor maintenance immediately and inform our owners of the service call via email. Often, we do not know the exact charge for a repair until…
Read MoreFees – How much do you charge to manage my rental property?
Fees – How much do you charge to manage my rental property? Our prices are extremely competitive and are based on the level of service requested by each Landlord. We offer comprehensive property management services to Tampa Bay area rental home owners; it’s all we do. This is not a side business for us and that…
Read MoreFees – Do you charge a Property Management setup fee?
Fees – Do you charge a Property Management setup fee? No. We do not charge a setup fee for new property managed accounts. This is included in our standard Property Management service we provide Tampa Bay area Landlords. You will need to add a minimum of $300 to fund your Owner’s repair reserve account…
Read MoreAccounting – How do you manage my accounts and financial reporting?
Accounting – How do you manage my accounts and financial reporting? We offer an in-house accountant, state of the art financial database system and rigorous systems to ensure accurate portfolio management and timely accounting of your funds. We carefully track and document all expenses and maintenance transactions involving your property. We pay your rent proceeds…
Read MoreAccounting: How do I get paid my rental income?
How do I get paid my rental income? Rent is due on the 1st of the month and late on the 4th. Once rental payments are posted, we settle any outstanding debts from your account that are payable to vendors, utilities, maintenance providers, etc… After all expenses and income have been posted to your account,…
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