Dean & DeWittInvestors and rental property owners must become familiar with the Florida Landlord and Tenant Act, which is very clear about what can and cannot be done when making a claim against security deposits. It can be frustrating for property owners to want to charge tenants for what looks like clear damage to a property. However, if the law considers it wear and tear, you have to be very careful.
Read more: Security Deposit & Tenant Damages – Property Management St. Petersburg
Filling vacancies is a problem that many landlords have, especially when they are managing their own properties. It can be hard to keep that property filled and to find a new tenant when someone moves out. We have a few tips for avoiding long vacancies and finding good tenants.
Successful property management requires five specific responsibilities. The areas that landlords and property managers need to focus on are:
- Sales
- Maintenance
- Accounting
- Documentation or administration
- Communication
Read more: 5 Responsibilities of Property Management Companies in St. Petersburg, FL
One of the greatest challenges for investors is getting stuck with tenants who don’t pay rent on time, stop paying rent or don’t take care of the property. A lot of that can be avoided with proper screening. When you screen tenants properly, you can weed out a lot of those undesirable tenants. In our years of property management, we’ve executed thousands of leases and we can count on one hand the number of people we’ve had to go to court with.
Read more: Proper Tenant Screening – Find the Best Tenant for Your St. Petersburg Home
In a previous blog, we talked about the five main responsibilities of a property manager, which are: sales, maintenance, accounting, documentation and communication. At Dean & Dewitt Property Management, we’re a little different than other companies in the St. Petersburg market. Today, we’re explaining why.
Read more: What Makes Dean & Dewitt Property Management Unique