Property Management Services

• They perform periodic inspections (inside and outside) on a predefined schedule, looking for needed repairs, safety hazards, code violations, lease violations, etc.
• They send owners periodic reports on the condition of their property.

Property managers provide financial services.

• They provide accounting property management services.
• They make payments on behalf of the owner (like HOA dues, if applicable.)
• They provide detailed documentation of expenses via invoices and receipts.
• They maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.).
• They provide annual reporting, structured for tax purposes, as well as required tax documents, including a 1099 form.
• They advise owners on relevant tax deductions related to their rental property.
• They provide easy-to-read monthly cash-flow statements that offer a detailed breakdown of income and itemized expenses.

Property managers handle maintenance, repairs and remodeling.

• They provide and oversee an in-house maintenance crew.
• They establish a preventative maintenance policy to identify and deal with repair needs.
• They provide a network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that’s up to code.
• They assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.
• They maintain outdoor areas.
• They maintain and monitor a 24-hour emergency repair hotline.
• They handle larger renovation or rehab projects.

Property managers handle tenant move outs.

• They inspect the unit and fill out a report on the property’s condition when the client moves out.
• They provide tenants with a copy, as well as estimated damages.
• They return the balance of the security deposit to the tenant.
• They forward any part of the owner’s portion of the tenant deposit to the owner, or hold it in owner reserves for repairs.
• They clean the unit and perform and needed repairs or upgrades.
• They re-key the locks.
• They put the property back on the market for rent.

This isn’t intended to be a comprehensive list of property management services, but it should give you a fair idea of the scope of a property management company’s activities.

At this point you may be thinking, “Okay, so that’s what they can do. But how does all of this benefit me and relate to the big picture of my real estate investment strategy?” That’s the topic of our next article.

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The Realty Medics are the nation’s leaders in “Rocket Science Renting”: Rocket Science Renting is about keeping your life simple by letting someone else handle the complex work of property management for you. It’s knowing that your property is running smoothly, with no hiccups or glitches. It’s hyper-responsive customer service that gives you property management peace of mind. It’s advanced technology that could only be designed by a former NASA engineer like our owner, Ben Sencenbaugh. And it’s knowing that you’re always getting maximum value and ROI for your investment.

The Realty Medics Guarantees

We are very proud to be the highest rated and most reviewed Property Management company in Central Florida. We guarantee results and have the lowest rates to support our results-driven philosophy.

14 Day Rental Guarantee

If we don’t rent your home in 14 days you get one month FREE management.

90 Day Money Back Guarantee

If you, the Owner, is unhappy for any reason, we will refund your management fees

12 Month Tenant Guarantee

If a tenant is removed in first 12 months, We find you a new tenant free of charge.

Pet Damage Guarantee

If a pet causes any damage to the property, We will cover this damage above the security deposit up to $1000.*

* See full details in Rental agreement