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Lake Mary Property Management

Let us manage your Lake Mary rental property

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Our Full Service Property Management is all-inclusive. This service is the solution for owners who want a professional licensed property manager to handle the day-to-day management and responsibilities that a rental property requires. We handle everything associated with the rental of your property. As your property manager we represent you, the owner, throughout the rental process and lease period. Our goal is to provide you with first class service and peace of mind.

Our property management services include:

Initial Visit - We prefer to meet with you (if possible) to view the property, discuss any concerns, and complete a property evaluation and free rental analysis to help determine the appropriate lease rate for the property. We want to ensure we are maximizing your rental income.

High Quality Marketing - We have a nationwide marketing strategy. When we enter your property into the Orlando Multiple Listing Service (MLS), over 10,000 Realtors can see your home. We also post your listing online with photos, maps and relevant property details. All of our listings are also available to Lease Locator companies in Florida. Referrals from current and past tenants and other agents we work with also provide us with a great pool of potential tenants.

Proper pricing of your rental home makes a big difference in marketing strategy. Even the best home will have a hard time renting if it’s overpriced. We do our research and price your home according to the current market. Finally, we make sure your house is ready to show. Our attention to details such as curb appeal and interior cleanliness ensures your home is rented quickly to a high quality tenant.

Advertising - We created an aggressive marketing campaign using the latest technology and online resources to attract prospective tenants. Our ads are individually designed for each property to create a professional look and highlight the special features of your property. Our web-based marketing is comprehensive and includes more than 100 websites such as: MLS, Realtor.com, Rentals.com, Homes.com, Hot Pads, Google, Rental Home Plus, My New Place, Craigslist, Rental Houses.com, and Yahoo, to name a few.

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Showings - You won't find another management company that is more available to show properties. We have staff available to answer the phone and schedule showings on the weekends, holidays, and evening hours; this is when renters are looking! LOW VACANCY RATE - We can typically get most properties rented within 2 to 5 weeks on average. Our Leasing Consultants send Weekly emailed communication updates while property is vacant. 

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Tenant Screening - Thorough tenant screening is critical to a landlord’s success and we do a number of things to screen tenants. In our residential verification, we talk to past landlords and ask detailed, open-ended questions about the tenant. When a private individual instead of a management company is listed as a previous or current landlord, we do a property tax search to confirm we’re talking to the person who actually owns the property. This stops people from trying to commit fraud and our extra level of scrutiny has saved our owners from some potentially bad tenant situations. We analyze credit reports to get an accurate financial picture and evaluate a tenant’s ability to meet their obligations. Applicants must meet our established credit standards. We pull driver’s license records to check previous addresses. If an applicant says they have been living at one address for three years, but we find they renewed their driver’s license at a different address a year ago, we wonder what they’re trying to hide. Employment and income verification is also an important part of our screening process. We contact employers to verify employment and income. It’s required that a tenant earns at least three times the monthly rent in order to qualify, and we ask for pay stubs to document the income. If someone is self-employed or retired, we can verify income other ways. A thorough background check is critical in the tenant selection process. We look for bankruptcy, foreclosures, evictions, repossessions, convictions.

Finally, we conduct additional searches that reveal any criminal background or other red flags (check writing ability and social security fraud alerts and so much more) . We don’t let tenants move in with pets unless our property owners allow it. Lots of potential tenants have pets, so if you decide to allow them, we protect your property by limiting the breeds we’ll accept as well as the quantity and size of the animals. Pet owners are subject to extra screening and lease addenda.

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Lease - We handle all the necessary paperwork associated with the leasing of your property and ensure compliance with applicable local, state and federal laws. Our lease is attorney drawn and is updated and reviewed by an attorney regularly. We enforce all the terms of the lease including timely rent collection and the tenant's responsibilities to maintain the property. 

Maintain Consistent Policies with Your Tenants - Keeping your relationship strictly professional and allowing your property manager to enforce your lease will help you be a more successful landlord. If rent begins to come in late or not at all, you don’t want to let your tenant get away with it. Even if you are emotionally moved by the tenant’s situation, you need to think about your property as an income producing business.

Scheduled Property Reviews - Our maintenance staff visit the property on a regular basis to perform bi-annual property reviews. The visits include a full walk-thru of the interior and exterior of the property along with digital pictures and a written report. Frequent visits help to discover tenant damage or neglect, maintenance concerns, unauthorized pets, over occupancy issues, etc, early in the term of the lease.

Move-out Process - We set high expectations for our tenants from the beginning of the lease period. Tenants are supplied with written move-out procedures to follow and are held accountable for any repairs or cleaning that is necessary when they vacate the property. Our move-out process is extensive and includes a digital video recording of the property.

Maintenance - We have skilled, licensed and insured tradesmen and suppliers available to service your property's needs. With our purchasing power we get high quality service at reasonable rates. Our Vendors are loyal, trustworthy, and quick to respond. All receipts for services are provided with the owner’s statements. Emailed Communication updates of repairs and maintenance.

Setting High Standards - When you put your property on the market in the best condition it can possibly be, you’re going to get a lot more interest from potential renters. You’re also setting a standard for how you expect the property to be maintained during the course of a lease. If you hand over a home that has scratched flooring, broken appliances and chipped paint, your tenants will get the idea that you don’t care very much about the home. They won’t care either. 

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Property Owners - Please complete the following form for a Free Rental Analysis of your home. Our office will forward to you all the necessary documents for your review, will prepare a rental range and one of our Business Developers will contact you for an appointment to view your property. We specialize in the areas of Seminole, Orange and West Volusia counties of Central Florida.

CENTRAL FLORIDA PROPERTY MANAGEMENT in Lake Mary, Deltona, DeBary, Casselberry, Orlando, Longwood, Winter Springs, Oviedo, Sanford, Maitland, Altamonte Springs, Winter Park, Heathrow, Winter Garden, Windermere, Lake Nona, and Apopka, Florida.

For our procedures and more information, visit our FREE Rental Analysis Blog.

FOR ADDITIONAL INFORMATION ON OUR MANAGEMENT SERVICES


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Financials and Reporting - Detailed accounting for all income and expenses for your property is provided on a monthly basis. The timely disbursement of funds to owners is a high priority. We utilize the industry's most advanced property management and accounting program to accomplish this. This program also allows owners to access the system online and obtain property information through the online Owner Portal. Copies of all lease documents, accounting statements, work orders, receipts, and vendor invoices are stored and available for viewing in the Owner Portal at any time. At the end of the year we supply owners with annual statements categorizing all income and expenses for the property and a 1099-MISC for tax purposes. 

Technology - New Age Real Estate incorporates the most advanced technology available in the business: Paperless Office, Electronic Payments (ACH), Electronic Rent Collection (ACH), Industry Leading Web Based Management and Accounting Program, Owner and Tenant Online Web Portals, Online Document Signing and Storage, Electronic Statements and Reporting, Bank Lockbox Service, e-fax, VOIP phone system, Digital Video Recording Online & Website Advertising, Search Engine Placement...and we are always looking for new innovations that will better serve our clients.

Licensed Realtors - A real estate agent who is a member of the National Association of REALTORS®, which means that he or she must uphold the standards of the association and its code of ethics.

EVICTION PROTECTION - We pay for the cost of an eviction if the tenant we procured defaults on the payment of rent.

To request a Free Rental Analysis - Click here Free Rental Analysis

We will prepare a rental range for you; forward all the documents for your review then a Business Developer will call you to schedule a time to view your property.

Our fees are competitive: WE OFFER SEVERAL CHOICES FOR MANAGEMENT

Full Service Management Agreement: Highly recommended
Our monthly management fee is 8% or $100 whichever is greater of the collected and a one-time fee of 50% of contracted rent once we secure a tenant. The fee comes from the first collected rent.
**Additional Professional Services such as Eviction Protection, detailed Bi-Annual Property Review Reports, direct deposit, initial lease preparation and so much more are included with Full Management Only
***We offer a 20% discount to our Management Fees listed in our Agreement to Owners/Investors once we list four or more properties under one Tax ID or Social Security number using our Full Service Management Agreement.

Additional Professional Services such as Eviction Protection, detailed Bi-Annual Property Review Reports, direct deposit, initial lease preparation and so much more are offered with Full Management Only

Lease Only Agreement: For local owners interested in managing their property, but need assistance in marketing and securing a qualified tenant.
There is a one-time fee of one full month’s rent once we secure a tenant for this service. The fee comes from the first collected rent.

Silver Service Agreement: Full Service Management without additional Professional Services
Our monthly management fee is 10% or $100 whichever is greater of the collected and a one-time fee of 50% of contracted rent once we secure a tenant. The fee comes from the first collected rent.

Standard Service Agreement: Limited Services more owner interaction and involvement with your investment. Full Service Management without additional Professional Services.. Owner involvement for repairs.
Our monthly management fee is 10% or $100 whichever is greater of the collected and a one-time fee of 50% of contracted rent once we secure a tenant. The fee comes from the first collected rent.

Call today and let us turn your property into a profitable investment for you. Our direct line is 407-333-1010 ext 2

If you are in the market to purchase or sell investment properties please contact our partner Dan Lopez at 407-333-1010 ext 129 E-mail: danlopez@legendsre.com Website: www.HomesInCentralFL.com

Lake Mary Area Information

Lake Mary has never lost its focus of promoting a sense of community where people can live, work and play in a safe and friendly environment...that's part of the reason Lake Mary is still one of the fastest growing areas in Central Florida. Located approximately 18 miles north of Orlando just off Interstate 4, the City continues to be a choice location for high tech businesses, many of which spend considerable time and money searching for the right place. Among other things Lake Mary is known for its well planned residential communities, excellent schools, prominent businesses including outstanding restaurants, and a variety of shopping opportunities.

The crime rate in Lake Mary is one of the lowest in Florida thanks to our pro-active, community based Police Department. On the fire side, we have a skilled Fire Department ready to deal with any emergency including rapid response and rescue. Our Parks and Recreation facilities are not only beautifully maintained, but offer something for everyone. The bottom line is that Lake Mary has all the conveniences of Orlando without the traffic! lakemaryfl.com

Areas We Serve