Orlando Property Management Companies – Orlando Realty and Property Management
Owning Orlando investment property is a nice idea because of the location. Being a hot spot for tourist travel there is a large population of employees in the service industry looking for housing. Should you be an out of town investor, one thing to consider is looking into a management company for your investments.
Orlando Realty and Property Management
Dealing primarily in residential long term property management, this company is located in Orlando, Florida. Here is the basic information on charges and fees that will help you determine if this company is a good match to manage your Orlando investment property.
The first question is the monthly fee, which is 7% to 10% of the monthly rent. The variance, I assume is due to the number of properties they manage for you, with perhaps location and monthly rent charged factoring in as well. The reserve is $350, which is held to cover any minor emergencies that sometimes occur with even the best of tenants. Out of town investors should also take notice of the fact that this company can find and screen potential tenants. The leasing fee for finding a tenant is equal to one month’s rent. The tenant is also required to put down a security deposit of another month’s rent, which is held in escrow by Orlando Realty and Property Management.
Once a potential tenant is found, a variety of background checks are performed as insurance to maintain the standard of your Orlando investment property. These checks include Criminal (including Sex Offender), Credit and Eviction Checks as well as Employment and Landlord Verification. In case of an emergency, there are numbers, faxes and emails answered 7 days a week. (Note: It was not stated whether a 24 hour answering service was provided, but I assume messages are checked after business hours for dire emergencies. A good question to ask however, both for you and your tenant, should you contact this company.)
Should you be interested in contacting this Orlando Realty and Property Management both to find or manage your Orlando investment property, ask for Jay Meyers, with the company info listed below.
Orlando Realty & Property Management
Keller Williams Realty at the Parks
444 N. Mills Ave., Orlando, FL 32803
Office: 407-641-5049
Fax: 407-842-7206
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