Call it the Sunshine Rush! People are flocking to Florida in droves right now. Yet it’s not gold they’re looking for, nor is it just sunshine.
What is it, then? It seems like the rest of the nation has finally caught on and realized what a destination they’ve been missing. Florida’s got it all — awesome weather, awesome people, and truly awesome economic prospects.
If you have property in Florida, however, there could be one thing you’re missing: a good property manager. After all, property management can be challenging, and in such a hot market it’s a good idea to get all the professional help you can get! Keep reading to learn what to look for.
What are property managers offering?
The most important thing to look for in a property manager is this: Are they offering what you’re looking for? Your goals might include maximizing your profits, keeping your peace, finding new rental properties, or some combination thereof. Asking company management about these goals — or any of your other goals — is a great way to see if they’re a good fit. It also pays to make sure that any prospective companies understand the current market.
How do they advertise?
In today’s world of job insecutiry and eviction moratoriums, it’s no longer safe to rent to just anybody (was it ever?). Consider going with a property management company that knows how to properly find and vet renters. Ideally such a company will also help you find tenants who are in it for the long run. The more frequently your property changes hands, the more frequently it’ll sit vacant… and that’s obviously not ideal for your bottom line.
Are they proactive when it comes to maintenance?
It’s also important to opt for a property management company that knows how to spot small problems before they become big problems. In other words, any company you choose to entrust your home to needs to be well-versed in property maintenance. Make sure your prospective property manager plans on doing regular inspections of your property, as these inspections will help you avoid pricey repairs in the long run.
Do they have experience managing properties like yours?
Do you own a portfolio of unique AirBnBs scattered throughout the state of Florida? Then working with a property management company that specializes in condos may not be the best fit. Conversely, if you have a small collection of more standard rental houses, then you may not want to partner with a company whose niche is unusual or exotic rentals. Managing more houses also requires more experience — so make sure any property management company you choose has the scalability and flexibility to measure up.
Summing things up
Florida is home to many great property management companies, but most of these can’t measure Icon’s depth or breadth of experience! Get in touch via our contact page if you have properties you need help managing. We’d love to hear from you… and to help make your life a whole lot easier!