Owner FAQs
Answers to your frequently asked questions
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Are you licensed?
Yes, our Brokerage and agents hold a Florida Real Estate License. -
Can I reach you after hours?
Yes, we have an after hours emergency line for our property owners and tenants. -
Can you put the money directly into my account?
Yes, monthly disbursements are deposited directly into your account via ACH -
Do you sell real estate too?
We are a licensed real estate brokerage. Though we do not sell or represent buyers; we do have a sister company that does. www.RE941.com -
How and when do I get my monthly rent disbursement?
Rent disbursements are processed between the 10th and 12th of each month; usually arriving next business day. Owners statements are sent at the same time. -
How is rent collection handled?
We believe good rent collection begins with securing qualified tenants, requiring secure online payments, and enforcing our payment policies. Rent is due on the first day of the month and lated on the second. -
How long of a lease do you sign?
Our typical lease will be for 12 months. -
How much security deposit do you charge the tenant?
Our standard security deposit amount is one month's rent. Depending on income and credit factors an applicant may be required to have up to 2 times the rent amount for security deposit. -
How soon can you start managing my property?
We can quickly get your house on the market; but first it is very important to get to know you and your goals for your property. This allows us to determine if we are a fit for each other and advise you in the best direction to accomplish your goals. -
What type of properties do you manage?
We manage residential single family homes, townhomes and condos in the Sarasota, Bradenton, Lakewood Ranch Area. Additionally, we manage light commercial and vacation rentals (greater than 30 days) -
What type of reports do I get and how often?
You will receive an owner's statement showing all income and expenses and a detailed expense report with copies of all invoices each month when you disbursement is scheduled. -
Who holds the tenant security deposit?
The tenant's security deposit will be held in our escrow account.