Q: How much do you charge?

10% from the rent collected by us for long term rentals and 20% for short term rentals. That is a full service management fee.  Though rarely, but there may be additional factors, such as age and condition of the unit that could dictate a slightly higher rate.  If that happens, we will advise you of the rentability of your unit and recommend any fixes, repairs or negotiating a different rate for you property.

Q: What do you do for that money?

We advertise your property extensively, in print and on the Internet, find you a tenant, check their background and credit history, make sure that unit is ready for a move in, identify any maintenance issues and relate them to you.

We prepare and execute lease and all applicable forms on your behalf, collect and disburse rental payments and act as a liaison between the tenant and the owner. We also coordinate all repairs, maintenance and cleaning, and of course keep your informed with monthly reporting on the profits, expenses and status of your property.

Q: How many of the units you manage are vacant?

Approximately 10%

Q: What if the tenants break something in my unit? Who pays for the repairs?

We require all tenants to put down security deposits to safeguard our property owners from incurring any unnecessary expenses.  Anything that the tenants break they can fix or replace at their expense, or we take the cost of replacement out of their security deposit.

Q: Who takes care of the cleaning?

For all short term rentals, tenant pays for all cleaning at our standard rates. We handle all the details of cleaning services for you, and incorporate those fees into a rental agreement.

For long term rentals, tenant cleans the unit at the end of their lease to the point of general cleaning including dry floor cleaning. The landlord usually pays for carpet cleaning, if needded, to get the unit ready for the next tenant. Sometimes condos require minimal touch up and small repairs - those are also reponsibilities of the landlord, unless they are a result of neglet by the tenant, or due to physical damage caused by the tenant. In those cases tenant is held responsible for the repairs and/or clean up.

Q: Who takes care of the maintenance?

Appliances, AC and major articles are responsibility of the owner, small maintenance items are generally taken care of by the tenant (ac filters and such).

Q: How much maintenance is required?

Depending on the age of the property, things that routinely need maintenance are appliances, plumbing in the bathrooms and toilets, AC systems. Maintenance and repairs are coordinated with the landlord prior to the beginning of any repair.

Q: How often do you rent units like mine?

Long term rentals tend to produce more stable results, and depending on the specifics of your unit, will generally enjoy a very high occupancy rate. 

Short term rentals produce higher financial returns on your investment each time they are rented, but they lack the stability of long term agreements.  Depending on the location and desirability factors associated with each unit, regulations of the specific condo owners association as well as seasonal factors, some units will always rent better than others.

If we think your unit is lacking in something to make it more appealing to renter, we will make those recommendations to your upon initial inspection of your unite.

Q: How far from the unit are you?

15-20 minutes from anywhere on Daytona Beachside.

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