Properties Managed by Homeowners Vs. Property Management Companies: INSTANT TENANTS

The question of which one is best has been asked over 1000 times, however, those tenants that have experienced both choices , typically choose the management company. Top 3 reasons renting from a property management company just makes sense:

1. ARE YOU THERE?

Moving is considered one of the top most stressful times in life. The thought of having to move is already hard enough, but then it just gets progressively worse. Now you have to pack, find a truck, transfer utilities and find a new place to live. The latter one is what causes the hardship . When you finally have the time to search the web or drive an area, you call on a few rentals that you are interested in. Our top grievance that we hear from tenants is that no one will return their calls. And the homeowners that do finally call back, wait a few days or even a week. Many ( not all ) are simply just not professional or responsible. Which already places a bad taste in the tenant’s mouth. A rental agent however, works to assist tenants and answer questions as a full time job. His/Her phone is always ready and waiting. They text, they email, they Facebook and talk in person. That is why, for example, the agents at http://www.managemyrental.net usually find a good qualified tenant for Jacksonville properties in (on avg.) 7 to 21 days. Their attentiveness to potential tenants-while they are looking- is their most important trait- which seems to make the tenants and landlords of those properties very happy! Why settle for less? Life is simply already too hard.

2. PROfessionals WITH PROcedures

If you’re a tenant, you probably have money to pay for rent. And if you have money for rent, then that means that you probably have a job. And if you have a job, you probably do not have a lot of spare time to waste. So why do homeowners, continually think that a contemporary tenant would want to fill out a paper application and then drop it off, meet them at a good time for the landlord to hand over a deposit check and then answer calls at work ( where the homeowner usually calls), and then meet them personally to do a walk through a week before moving in and then fill out a lease that is so homeowner biased that the tenant is bound to loose in the long end?
Time is too valuable!

Now enters the professional property management company. There’s an actual office, with a/c, water, and a full leasing staff ready to help.
Paperwork and procedures are all in place along with a few offerings such as :
1. Online applications with online payments
2. Online background and credit checks
3. Agents who will answer your questions from 9 to 5
4. Printed multiple listings with viable information that would help a tenant to find just that perfect rental quicker…choices!
5. Walk through forms and streamlined leases that are not one sided towards tenant or the homeowner
6. Email, texting and call choices for communication
7. Online easy maintenance requests
8. Online rental payments
And more, more, more!

3. WHAT ARE MY CHOICES?

And lastly, but most important, are all of the choices that a property management company typically provides. A medium sized agency will average about 20 to 30 openings at all time. These choices are invaluable to the potential tenant. Remember, time is money and you can see five or so of your favorite choices in two hours with your agent. Then, you can inquire as to what is “coming up”
The agency will also help with local schools and pet friendly properties…and doing all of this for the tenant for FREE!

Author: Christina Starmer
Licensed Broker and Investor
First Coast Rental Management
http://www.managemyrental.net
2099 Park Street
Jacksonville, Florida 32204
904-701-3276 office

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INSTANT TENANT: WHAT YOU SHOULD EXPECT FROM YOUR LANDLORD

If you are a tenant, your landlord has certain obligations. The rules and procedures vary depending on the type of tenancy you have and the state that you live in, but certain basic rules are always the same.

BASIC MOVE IN PROCEDURES

After paying your deposit and first month’s rental payment due, you should be able to move in your rental on the contract start date. Other monies such as a pet fee, prepaid last month’s rent, pro-rated rent, prepaid utilities or anything else that was agreed upon..may be due at this time as well. You should be given one set of keys and the property should be clean of any garbage or debris. The exterior lawn should in good condition (at least in the manner in which the landlord expects you to keep it) and the interior of the home should be clean and move in ready.  Any work that you and the landlord discusses should have been completed upon move in day (unless there was a later completion date that had been agreed upon in advance).
All of your essential appliances such as your water heater, stove and refrigerator should be in good working condition.  The home should be safe and all electrical plugs should be covered.  You can check these out during your walk through with your landlord on move in day to make sure. It may be a good idea to flush the toilet and check the shower and faucets too. A good landlord or Property Manager will provide you with a basic “move-in” sheet that will allow you to write down imperfections based on your first week observations of the rental unit. This will ensure that you are not charged for these imperfections upon move out. A basic example would be “cracked drywall in the closet”.

NOT DISTURBING TENANTS

Landlords may need access to the accommodation to inspect it and do repairs but they must let you live in your home without unnecessary interference. The landlord should give proper notice and arrange a suitable time if they need to visit. The amount of notice they have to give you may be set out in your agreement. It is typically within a 24 hr period.  They should also provide you with a suitable explanation or reason for the visit.  You can ask your landlord to stop entering your home without your permission if he or she is doing so. It may be classified as harassment if they persist. Some occasions are considered emergency situations, and a landlord may not have time to call you before he or she enters. This would include busted water pipes, roof failure, fire, etc.. In these circumstances, it would be reasonable for a landlord to enter without notice.

So to recap: A landlord can enter at a reasonable time after providing a 24 hr notice for things such as “basic” a/c maintenance, changing of an a/c filter and a yearly inspection of the interior.  Yet, by no means should their entry be an ongoing nuisance.

They are typically allowed to enter with a notice posted for a  pre-showing of your apt to a prospective tenant. However the latter is typically only allowed until “after” a tenant has given his/her notice to vacate.

Ultimately, a great landlord is attentive to any repairs or questions that you may have but one that respects your privacy is the best!

WISE UP: GET TO KNOW THE LAW

Sometimes questions arise as to what the basic expectations should be of a Florida Landlord…or in other words: Which party is responsible for what.

Many of the these items should be well described in your lease so there is no confusion when something breaks and as to who is responsible for fixing it. However BASIC items can be found in Chapter 83, Part 11 of the Florida Statutes where procedures are outlined for both the landlord and tenant. This brief summary is not intended for the purpose of legal advise.  For additional information not addressed in the blog, consumers should always refer to Chapter 83, Part II of the Florida Statutes which can be found online.

Section 83.51(2)(a), F.S.
The landlord of a dwelling unit other than a single-family home or duplex (such as an apartment) shall, at all times of the tenancy, make reasonable provisions for extermination of rats, mice, ants and wood destroying organisms and bed bugs; locks and keys; clean and safe conditions of common areas; garbage removal and outside receptacles; and functioning facilities for heat during winter, running water and hot water.
This does not mean that the landlord is obligated to pay for utilities, water, fuel or garbage removal, although he/she may choose to do so.

MAY I MAKE A DEPOSIT PLEASE?

Please know where your money is going and how and when it should be returned to you if it were a deposit being held on a rental unit.  The landlord/management company is supposed to hold your deposit until you vacate and use it towards any damages. The rest should be returned to you. There may be provisions in your lease that allow a landlord to deduct a cleaning fee from your deposit once you leave. Be sure that you understand this before signing. Here are a few other “basic” points that may be of interest to you:

Section 83.49(a), F.S.
Upon vacating of the premises for termination of the lease:
If the landlord does not intend to impose a claim upon the security deposit, he/she must return your deposit within fifteen (15) days or,
Within thirty (30) days, he/she must give the tenant written notice of how much of the deposit will be kept and why. This must be done by certified mail, to the tenant’s last known mailing address.
If this notice is not sent as required within the thirty (30) day period, the landlord forfeits his/her right to impose a claim upon the deposit.

Christina Starmer