Owners FAQ
You've Got Questions, We've Got Answers
Yes, however they must be licensed and insured, naming iad Florida Property Management as additional insured. They must also complete a contractors agreement and abide by our rules in dealing with entry and residents.
No, this is part of the service we provide to you and is included in the management fees.
REALTOR is a trademark of the National Association of Realtors.
Residents with non-emergency maintenance requests must be made in writing. This protects all parties as it puts a date stamp on the request and can be tracked. It also prevents frivolous requests. We offer the resident a portal by means to do so.
It depends. A number of factors are involved, not just the number of bedrooms and baths. The time of year, the rental market, current mortgage interest rates, school districts, age of home, amenities, etc. all play key factors of what you might expect to receive. We will assist you with a free market analysis to determine the best rental rate for the market conditions. Click HERE for a rental analysis.
This is a tough one, there are pros and cons. Please contact us to discuss both options.
For property management, we are currently servicing Orange, Osceola, Polk, Seminole, Lake Counties, Hillsborough, Pinellas, and Manatee Counties. For sales, we can list and sell anywhere in Florida.
We specialize in single family homes, condos and town homes, however, if you have a special situation, please ask.
- The property cannot be properly cleaned or touched up.
- Toilets cannot be flushed (and yes, they may be used during showings, even if the water is turned off).
- The house starts to smell musty with no air flow. Remember, Florida is a very humid environment, mold can take hold very quickly.
- You do not want to limit yourself to only daytime showings. Most showings happen in the evening when prospective residents get off work work.
Owners are paid via Electronic Funds Transfer directly to your bank. If you prefer a different method, just let us know. Owner proceeds are processed generally 48 hours after the resident payment has cleared our operating account.
No, we only charge our management fee based on received rent.
Rent is due on the first day of the month, we do extend a 5 day grace period. While most of our residents pay their rent on time, there is occasionally a late paying resident. Late fees will be assessed on the sixth day of the month. If payment is still not received, we will serve a "3 Day Notice to Pay or Deliver Possession" to the resident. Once the notice expires and no payment is received, we can begin an eviction proceeding. Full evictions are very rare and can usually be avoided or eliminated through proper communication with the resident.