What exactly is a property management company?
Property management companies are hired by property owners to take over the daily responsibilities of their real estate assets. It is the job of the property management company to make sure that when a property becomes vacant, there is someone to take over the lease. They are also responsible for the marketing of the space, doing any repairs that may be required, the signing of leases, and collecting the rent.
How Our Expert Property Management Can Help You
1. First Impressions
We know that it is extremely important to fill your empty rental properties in order for you to start earning profit, so we will clean and make your property look like new in order to attract renters. We will get your vacant property ready for rental as soon as possible so that the new tenant can occupy the space without delay. The property will be checked for damage outside and inside, and any renovations should be completed correctly and in a timely manner.
2. Effective Marketing
When the time comes for you to put the “For Lease” sign back up, Specialized Property Management Tampa has a proven system to find the best possible applicants. Since most everyone looks at rental homes online, we take advantage of technology such as virtual video tours and 3D photos so potential tenants can picture themselves in your rental property. Our advertising methods are proven to be both cost-efficient and effective at procuring a large number of applicants. With our advertising savvy, your property won’t sit empty for long!
3. Property Showings
Once a tenant decides to see your property in person, they’ll need to schedule an appointment with you. Juggling availability and trying to fit showings into your schedule can be annoying and frustrating. With our property management services in Tampa, we’ll handle the showings for you and free up your agenda.
4. Tenants Screenings
Finding responsible tenants is not an easy job, and that is why a partnership with our management company is such a worthwhile investment. We have proven screening processes that will only accept the best tenants for you. All applicants will have thorough background checks done and have proof that they are able to consistently pay rent on time.
5. Signing Leases
Incorporating the rental information and legal jargon into a valid, legal lease agreement can be rather complicated. Our property management team will ensure that the is lease drawn up according to your specific needs. Once a solid lease agreement is in place, your property manager will talk with the potential tenants and explain all the terms in detail, making sure that they understand everything before they sign the document. They will answer any questions that are asked, collect any security deposits, and cover anything else that may come up in the meeting.
6. Rent Collection
Having a consistent revenue flow is very important to you as a property owner, so Specialized Property Management Tampa will make sure that all of your tenants are paying rent and not costing you extra money. Once payment has been made, the rent will be deposited into your account, saving you the hassle of having to deal with cash or checks. Should a tenant not pay their rent on time, we follow up immediately and collections will go into effect.
7. Preventative Maintenance is Key
We help you solve small maintenance issues as they arise, saving you money in the long run. We have a 24/7 maintenance hotline where tenants can ask for help in the case of an emergency. Performing regular maintenance will prevent any major problems that build up over time due to neglect.
8. Property Inspections
Our property management team works with trusted and licensed professionals who can make sure that your rentals do not have any major problems. When inspections take place, you will be able to find out about any problems that could pose a safety hazard, as well as whether or not the tenant is complying with the lease agreement.
9. Lease Renewal
Specialized Property Management will help you to avoid having a high tenant turnover by treating all tenants with respect and compassion. Before a lease is up, we’ll check in with the tenant to incentivize them to renew their lease
10. Moving In & Out
Your dedicated property manager will be able to take care of everything when your tenants need to move out. They will make sure that all maintenance issues are addressed, paperwork is filled out, and that security deposits are paid where due. They will work with the tenant to make sure that your property is restored to the way it was before occupation took place.
11. Online Access to Information
It will not matter where in the world you are, you will still be able to access our online “Owners” portal to see what is happening with your property. By having access to this, you will be able to see details of accounting, maintenance reports, property reports, etc. whenever you need to. If your property is currently vacant, you will be able to get weekly updates with regards to possible tenants and any other relevant information.
Benefits of Using Specialized Property Management Tampa
One of the biggest benefits there is from working with our property management company, is fact that you will save so much time. Managing properties is very time-consuming, so we take care of everything from the smallest details to the biggest problems so you don’t have to. If you have more time, not only will you be able to do more of what you love, but you will also be able to find more properties to add to your portfolio. If adding to your portfolio is not on the top of your list of things to do, at least you will be able to get rid of the stress associated with managing properties.
Some other benefits choosing Specialized Property Management
- Lower Maintenance Costs – The property manager will take on the responsibility of finding professional contractors to take care of any maintenance problems as they arise, which will save you money.
- Great Quality Tenants – Property management companies do this for a living, and this is why they are so good at it. Most of them, through experience, have discovered what makes a good tenant and what warning signs they should look for. So, it makes sense to hire one if you want to ensure that you find good tenants.
- Mitigate Liability – When you have a property management team on your side, the firm will actually act as a buffer from any liability that would normally fall on you. In the event that a tenant tries to make false claims of any type, your property manager will be there to fix the problem.
Before Hiring a Property Manager
When looking to hire a property management company, you should make sure that you are getting what you expect for the amount that they are asking for. The only real way that you can be sure you are making the right choice is to do some research before hiring just anyone to take care of your investment. The first thing that you need to do is to make sure that you do the necessary checks on all the companies that you are considering. Get testimonials from current and previous clients to get a better understanding of whether or not they will meet your individual needs.
Specialized Property Management meets all of these qualifications. Our team is highly professional and will do what is necessary for you and your properties to thrive. Check out our client testimonials and list of services, and get a quote today!
