Resources for Landlords
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Our Company provides landlords with a wealth of information and tools to help you manage your properties effectively. From attorney-written rental agreements and property management software to legal resources and tax information, we have everything you need to stay on top of your landlord responsibilities.
We also offer a variety of services to help you with the day-to-day tasks of managing your properties. Our property management team can handle everything from tenant screening and leasing to maintenance and eviction. We also offer leasing services to help you find and secure quality tenants for your properties.
At Morgan Property Solutions, we are committed to helping you succeed as a landlord. Whether you're new to the industry or a seasoned pro, we are here to support you every step of the way. Browse our website today to learn more about the resources and services we offer and take the first step towards a more successful property management experience.
The goal of a property manager when a house is vacant is generally to get the property rented to the best qualified applicant, in the shortest time possible. However, the most important part is not just to fill a vacant unit, but to find a QUALIFIED applicant that will pay the rent on time and look after the property.
The time it takes to lease your home on the rental market varies depending on local market conditions, time of year, availability & condition of the property.
Generally in central Florida we expect to find a Tenant within 2 – 6 weeks if the property is in good condition and priced reasonably. During slower periods it may take a couple of extra weeks.
Soon after the current residents give us their notice of intent to move out, we begin showing the rental property in order to minimize the vacancy period. The goal is 100% occupancy.
Organized property managers offer a quick turnaround of your rents and statements, based on when Tenants make the rent payments and how long it takes for checks and online payments to clear. We use Electronic Funds Transfers (EFTs) to your bank account. Timely rent proceeds are deposited into your bank account by the 15th of each month. If the Tenant pays late, we do a second transfer to Landlords on or around the 20th of the month.
Inspections are VITAL!! A detailed move-in inspection with plenty of photos should be completed before the residents move in. We use a software that creates a professional report detailing the condition of your property and approx. 100-500 photos of the entire property inside and out. After the Tenant moves out a similar inspection is completed and compared side by side. The security deposit is held to cover any possible damages and the property manager should arrange this entire process from submitting a legal deposit claim, per Florida Landlord/Tenant law, to arranging any necessary repairs to be completed.
During the tenancy we try to give the Tenant privacy and not disturb them with regular inspections, which would make anyone uncomfortable, so we arrange an annual walkthrough inspection with photos to ensure all our properties are kept in good condition.
Please note that property inspections are very detailed, however we are not licensed or professional home inspectors and cannot guarantee that we will find every single issue related to the property. We do not check inside attics or on top of roofs, etc. If you want a professional home inspection we can arrange one at an additional cost.
We are a Florida Real Estate Brokerage that specializes in property management and investment real estate. We have very experienced agents that handle both leasing and sales. We can run a full comparative market analysis of your property in order to show you the market sales prices. We can even offer the property to the current Tenant but there are pros and cons to this. If you are thinking about this please let us know so we can discuss it in more detail. The Tenant’s lease would still be effective so you would need to sell the property with the tenant in place, or wait until the lease expires.
Our property managers are on call for our residents both regular and after hours. Our emergency hotline will take the residents emergency calls and route them to the manager on duty. We have maintenance vendors that can handle emergency situations at any time, day or night.
Our property managers are on call for our residents both regular and after hours. Our emergency hotline will take the residents emergency calls and route them to the manager on duty. We have maintenance vendors that can handle emergency situations at any time, day or night.
A property manager should arrange all routine or “normal” repairs that every property will have from time to time. These may include a/c service, appliance breakdowns, faulty sockets, etc.
A good management company will have a policy in place to make it clear to the Tenants what is expected of them as far as minor items or tenant-caused problems. You don’t want to send out a technician for blown lightbulbs or a/c filters!
We make it easy for residents to call, e-mail or submit maintenance requests online to our office. We arrange all necessary routine maintenance items automatically and can arrange estimates if needed. Most handymen and repair companies will complete a repair on the spot if it is around $175 or under and then invoice us. If the cost is higher they contact us for authorization, and if there is a major repair needed or one that you need input on, we contact you for authorization.
Properties that are well maintained are good investments and they tend to attract better Tenants. We aim to place Tenants in properties which are well maintained and in a clean, sanitary condition. We will make recommendations if we believe your property requires improvements or maintenance, and of course you are free to request any additional maintenance or upgrades to help improve the property. Maintaining your rental home at a good standard will preserve your investment and help keep your Tenants happy and renewing the lease.
We are so convinced you will be pleased with our services that we do not charge a cancellation fee if you wish to terminate the agreement. However this is not the norm. Most companies charge high penalties and some even tie their contract to the Tenant so you would have to remove the Tenant in order to terminate your agreement.