As full time property management firm serving the Miami area we have identified 3 simple things to do that will help keep your tenants happy, vacancies low and help make your rental property more profitable.
Hire Someone:
Is a friend, neighbor, or family member looking after your rental property in your absence? When things go well, these arrangements could save you some money. Unfortunately being a landlord is not always easy. There are many issues that could arise that require knowing and adhering to Florida’s Landlord Tenant laws. If certain procedures aren’t followed, it could end up costing a lot of money as well as straining the relationship.
Hiring a property manager puts a real estate professional on your team. A good Miami property management firm will not only handle all aspects of managing your property, they’ll also use their experience to save you money in the long run. Preventative maintenance, discounted service costs and finding the best tenants to avoid evictions are just a few things a quality property manager brings to the table.
Finding the Right Property Manager:
Anyone you consider should be qualified in managing property in your area. Make sure you ask the right questions. Go to our Property Management Learning Center for information on How to Choose a Property Manager.
Mind Your Business:
Your tenant is your customer and your rental property is your business. Even with the best property manager on your side you should still mind your own business. A good property manager will keep you well informed, but sometimes they require your approval or input on matters. Staying on top of things will only help in keeping your business running smoothly.
Are you an absentee landlord with rental property in Miami? Feel free to comment below, fill out our contact form or give us a call if there’s any way Real Property Management Dade could help you.