Looking for property management in St Petersburg/ Tampa area?
Property Management Services include:
- Rental analysis
- Tenant Screening and Background checks
- Property Maintenance
- Financial Accounting
- Move-in/ Move-out services
- Evictions/ Lease enforcement
- Clear Communication
- And much more…
Let’s take a closer look at some of the most important functions a property manager can provide for rental property owners.
Rental Analysis: Setting an accurate rental rate for your units will be a key factor in getting your property leased quickly with the best possible tenants. Investors Choice property management provides all owners a free rental analysis report on their home or investment property. This report will help determine how much to ask for rent, suggest updates, improvements or repairs, and much more. If you are a rental property investor or just considering renting out your home, request a free rental property analysis and get insight on the local rental market and on how your property compares to other apartments and homes in the area. What does your rental analysis include? As property managers, we are focused on how much a home will rent for based on a certain number of factors. The factors most often considered are, Location of the property, the type of property (single family, apartment building, etc). The condition of the property including updates and additional features, and the local and overall demand for rentals.
Tenant Screening and Background checks: This is one of the most important steps in the entire process of managing rental property. Everything starts with having a great tenant. Ensuring your renter is someone who is responsible with paying rent on time, making sure the lease is observed and also to help take care, and look out for your property. To find the best tenants you will need to focus on 3 main things. Setting accurate rents, advertising your units, and completing a thorough application screening. Read more about how Investors Choice property management finds the best possible tenants.
Property Maintenance: Having the right team of contractors and maintenance personnel in place before you need them, is the key to success in Property Management. Having the right person for the right job is a major factor in the maintenance duties of property managers. Having quality, trustworthy and reliable property maintenance staff on call for any issue that may come up is what makes a property management company like Investors Choice so highly rated. Learn more about our property maintenance services.
Financial Accounting: Make sure your property manager provides you with detailed financial account statements every single month. Most property managers in St Petersburg will use a management software. Investors Choice uses cloud-based software for all financial accounting and reporting. Cloud-based means that user accounts can be accessed from anywhere there is an internet connection. Our management clients find this very useful because it allows them to see their account in real time from wherever they are. Learn more about how we manage your rental property finances.
Leasing: Leasing a rental property includes a broad range of tasks. A property manager will be responsible for finding, screening and signing a lease with tenants. Once your tenant is screened and approved they will need to agree to a lease and the lease terms. Investors Choice uses a lease agreement that has been developed and updated throughout the last 20 years of real estate property management experience. The leasing duties of a property manager are more than just screening a tenant and signing a lease. It’s about setting expectations, guidelines, and responsibilities at the very beginning. Establishing channels of communication so that St Petersburg residents can effectively connect with their property manager. Effective communication is an important factor in leasing rental property.
Choosing the right property manager is one of the most important steps you take as a rental property owner.
There are many benefits to using a professional property manager.
Benefit #1 is Time. If you are a property owner or real estate investor in St Petersburg or the Tampa Bay area, your time is valuable. When you use a property manager you are putting in place a team of experts who are available 24/7 and 365 days a year when it comes to handling the management of your St Petersburg property. You should never have to take a maintenance call in the middle of the night or deal with any tenant issues. You should be focused on the one thing that’s important in owning rental property, making and keeping more of your money.
Benefit #2 is Convenience. When you hire a property manager, you don’t ever have to deal with much of anything but cashing your checks. Never take a call from tenants, never deal with maintenance issues. All your financial statements are organized by our accounting team. All statements are cloud-based and can be viewed and accessed any time through your account. We can even direct deposit your rental income into your bank account so you don’t even have to go to the bank! Everything is done for you.
Benefit #3 is Efficiency. As a property manager in St Petersburg for over 20 years we have built the teams and systems to ensure that no matter what happens, day or night, your property and your tenants will be taken care of efficiently and professionally.
The benefit of working with a company that has all the teams and systems in place is that you will not have to waste time or money seeking out a provider for a particular service. We have dozens of vendors who have been screened and vetted to ensure the highest quality of work, price, and professionalism. At Investors Choice Realty in St Pete, you can rest assured that we always have the right person for the job. This will save you time and money in the long run.
Another benefit of hiring a property manager is that if you are a real estate investor who is using financing to purchase your rental properties in St Petersburg, oftentimes banks and lenders will require you to have a professional property manager in place before offering you a loan on your property. The reason for this is they know that a professional property manager is the most effective way to ensure a rental home is taken care of properly and that tenants are handled by licensed professionals, reducing risk and liability for all parties involved.
Types of properties we handle and specialize in are most types of residential rentals and residential investment properties. Such as;
Single Family rentals
Light commercial & mixed-use properties
Low-income housing (Section 8)
How it works and FAQ;
What do you charge for property management services in St Petersburg?
Management charges can vary depending on property type and specific needs.
Generally speaking, Investors Choice Realty will charge a 10% fee for property management services. This rate may be adjusted based on the type and number of properties within a property owners rental portfolio. Please contact us directly for a specific quote based on your needs.
Tenant Placement and Tenant Screening Service.
Property Manager Investors Choice Realty uses an effective tenant screening process that will check credit and background, income and rental history. If you would like Tenant Placement Services ONLY there is a fee equal to one month’s rent. If you are seeking full-service management the fee for tenant placement is ½ months’ rent. For more specifics please call Investors Choice Realty to speak with one of our property managers directly.