PROPERTY MANAGEMENT SERVICES


Properties we manage:

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Miramar Estate is a spacious townhouse in a quiet gated community with 5 star amenities, pool, gym, tennis courts, and a play ground area. This beautiful townhouse has all new appliances, new granite counter tops, a separate laundry room, a backyard with an open patio, and a nice small park view. Will not last! Click here to view the property.

Location: Miramar

Miramar Estate

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This stunning residence has everything that you need to relax and enjoy your stay in naples. Our beach is just 6 minutes away, where you can enjoy your day in the soft white powder sands where you can walk the beach and enjoy some of the most memorizing and romantic sunsets. Should you feel a little hungry which is normal after a relaxing day at the beach you can fine dine in several fine dining restaurants located just 10 minutes away. Please feel free to ask more info! Click here to view the property.

Location: Naples

Palm River Estate

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The tropical oasis of Cononut Grove in one of the most prominent locations in Miami! Coconut Grove thrives to this day as Miami’s escape from the stress of city life, and there is where The Crystal Estate is located! You Simply can’t beat this location! Right in the heart of Coconut Grove there are multimillion dollars homes which are walking distance to Famous Villa Vizcaya and Kennedy Park, as well a short drive to the best shops, restaurants, and attractions. Tastefully designed, spacious, and cozy 2 story Crystal Estate with lavish landscaping, a pool, top of the line appliances, granite counters, and a fire place! Just recently Crystal Estate has been updated to a much Luxury Standards Crystal Estates is great vacation destination for any occasion, family size or honey moon couples! 🙂 Click here to view the property.

Location: Downtown Miami

Crystal Estate

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Spacious waterfront home with screened patio and possible room for a pool! A quiet and well maintained community (Horse Creek Estates), perfect for a 2nd home or all year around. It was originally built by DR Horton Homes in 2012. Located in North Naples and close to the best schools shopping (Mercato,Wholefoods), dining, parks, golf courses, and just 3 miles to the beach! It is upgraded with diagonal tile in all living areas, granite counter tops, 42″ premium wood cabinets, stainless steel appliances, 8″ interior doorways, tray ceilings, recessed lighting, brick paver lanai & driveway, over sized 2 car garage , double-paned glass in windows, huge walk-in pantry & understairs storage room, the list goes on… Click here to view the property.
Location: Naples

Horse Creek Estate

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Oceanfront spacious 2/2 with beautiful ocean views! Walking distance to restaurants, pier,shops, and more! Condo complex presents all needed amenities location, location, location! Oceanfront! Condo complex presents all needed amenities from gym to business center! Click here to view the property.

Location: Sunny Isles

Sunny Isles Estate


Top 10 Mistakes Landlords Make

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Here are 10 of the most common mistakes landlords make and how to avoid them.


1. (Not) Understanding your local market

The three most important words in real estate investing continue to be location, location, location. This is two-fold: First, it means making sure your rental is in a desirable area so you can attract more potential tenants. Just because the price is right doesn’t mean that the location is. Get to know the neighborhood, including access to transportation, grocery stores, area features and businesses. Second, understanding your location means learning about the dynamics of the local market, researching area taxes and determining what you can charge for rent — all of which are key to estimating the return on investment for your property.


2. (Not) Understanding fair housing laws

Before you start looking for tenants, you need to understand fair housing and discrimination laws; otherwise, you risk getting into legal trouble. Fair housing laws are federal statutes that ensure equal access to housing for everyone. It is illegal to discriminate against anyone on the basis of race, color, religion, national origin, sex, familial status or disability. Many local and state governments have additional protections that you’ll want to become familiar with. A general rule of thumb is to focus on the property and amenities in your advertising and conversations — not on a group of people, who you think the ideal renter would be or features geared toward a specific group. The bottom line is to treat and communicate with every applicant and renter in the same way.


3. (Not) Putting your best marketing foot forward

While advertising a rental property may not be as sexy as advertising a hot new car, there are many similarities. Just like the best product ads, you’ll want to feature high-quality photos of your rental — and the more, the better. It’s worth the expense to have professional photos taken during the spring and summer months so your property looks its best. You’ll also want a clearly written, accurate and error-free description of the property and amenities.


4. (Not) Conducting a thorough tenant screening

While speed is important in filling your vacancy, you still want to choose a highly qualified renter. Create a documented process and criteria for finding, screening and securing a tenant. Make each potential renter fill out an application and verify everything from employment to past addresses (and get landlord references while you’re at it). You’ll want to perform a tenant background check and run a tenant credit report. Confirm that renters have paid the rent on time and have not caused problems for their previous landlords or employers.


5. (Not) Completing accurate leasing paperwork

A lease serves as a binding, legal agreement between you and the tenant. As such, you’ll want to make sure it thoroughly addresses the rules, policies, and conflict resolution procedures for living on your property, and clearly defines tenant and landlord responsibilities. Remember to put everything down in writing: A handshake or verbal agreement won’t hold up in court. You can find many generic leases online, but you’ll want to review the lease requirements specific to your state or municipality and incorporate them into your rental agreement. Have it examined by a legal professional to ensure that the terms protect your interests and comply with local and state regulations.


6. (Not) Knowing your landlord responsibilities

Securing a tenant for your property is a huge milestone. But, your work is not done. As a landlord, it’s your job to meet your terms of the lease agreement: Check in with your tenants, keep tabs on the condition of the property, complete regular preventative maintenance and seasonal maintenance, and respond quickly to requests. Make sure your property is a healthy and safe place to live, and that you keep up on your taxes and financial reporting. Neglecting your residents and your property can result in higher turnover, more vacancies, lower cash flow or even lawsuits.


7. (Not) Anticipating maintenance costs

Be prepared for the possibility that your property won’t always be occupied. If you aren’t able to fill a vacancy right away, do you have enough cash set aside to pay for the mortgage, utilities and other maintenance costs? Maintaining a rental property comes with unforeseen expenses, such as damages and unexpected repairs, and the bills still need to be paid. Complete a cash flow analysis and establish a budget so you’ll be able to cover these potential costs, then track your expenses to ensure you’re staying in the black.


8. (Not) Knowing when to hire a professional

If you live in the area, are handy around the house and have the time to quickly respond to requests, you can keep up with some of the general maintenance and management of your property. However, if you have several properties or are juggling an investment on top of a full-time job, you may be better off enlisting the services of a professional property manager. Also, depending on your experience and the condition of the rental after a tenant leaves, you might want to hire a contractor to make significant improvements or repairs.


9. (Not) Managing your time efficiently

For many landlords, managing even one investment property can be a full-time job. Between securing a tenant and keeping up the books, you should understand that any investment property is a big time commitment. No matter how much you love what you do, make sure to take time for yourself and create a list of people you can rely on for backup. Having a network of people who can help in a pinch is important for the maintenance and safety of your property.


10. (Not) Treating your rental like a business

However you got into landlording, your rental property is a business — and you need to treat it that way. Consider setting up a Limited Liability Company (LLC) for ownership. This can help protect you personally from legal actions or claims. In addition, consider using accounting software or a spreadsheet to keep close track of your income, expenses and ultimately your return on investment. Document all of your procedures and communications with applicants and tenants, and make sure to stick to your procedures. When you’re renting a property, you will hear a lot of different stories, and some of them may be sad. There are many opportunities to help your community, but you want to make sure any action you take makes good business sense.

Successful landlords leverage skills from many different areas: customer service, marketing, accounting and home repair, among others. Reduce the risks that come with being a landlord by educating yourself and networking with other experienced landlords and related professionals. Join local or national landlord associations to keep up with changing rules and regulations, and share your experiences, so you can avoid the most common landlord mistakes.

*Even though we know a lot about rental marketing, we’re not lawyers. This resource is not a substitute for the advice of an attorney; you should not rely on this resource for any purpose without consultation with a licensed attorney.

Resource: Zillow

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