.

3 Ways Bee Realty Corp Simplifies Property Management

04/23/2024

One of the biggest decisions an investment property owner makes is whether to hire a property management company. While some investors choose to manage things themselves or hire a resident manager, others need more help. That’s when working with a property management company can be the better option.

At Bee Realty Corp, we know that managing an investment property can quickly become a full-time job, even if you only rent out a single-family home or condo. Our property management services are recognized by investors and potential tenants throughout Volusia, Seminole, Marion, and surrounding counties. Our deep knowledge of the local market, attention to detail, and unsurpassed client experiences ensure our clients’ properties are managed with the utmost care and professionalism, delivering maximum returns and peace of mind.

Should You Hire a Property Management Company?

When trying to decide whether to hire a property manager, weigh each of these considerations carefully before making up your mind:

  1. You have multiple properties or rental units. The more rental properties or units you own, the more likely you are to benefit from working with a management company.
  2. You live far away. Rental properties come with a lot of responsibilities, many of which might not be easy to handle from a distance. In Florida, owners who do not live near their rental might be required by the local government to hire the services of a property management company.
  3. You don’t want to be a hands-on owner. Some landlords enjoy finding good tenants and maintaining an attractive property. But if you’d rather be less involved in your property’s day-to-day management or simply don’t have the time, consider hiring help.
  4. Profit margin. Management companies take a percentage of what you collect in rent. Can you afford to pay their fee?
  5. Tasks are piling up. Are you getting behind in maintenance and other chores? Is it a challenge to find time to meet with prospective tenants? If your management responsibilities are overwhelming, a management company can ease your burden.
  6. You don’t want to be a boss. When you hire a resident manager or other people to help with your property, you technically become an employer. However, a property management company is not in your employ.
  7. Affordable housing. If your rental property is in an affordable housing program, management can be more complicated, with grants, low-interest loans, and tax credits making financial considerations complex.

How Does Bee Realty Corp Simplify Property Management?

Property management is the operation, control, and oversight of real estate. It involves all aspects of running an income property, from finding and screening tenants to property maintenance, rent collection, and handling any other issues that come up.

As a full-service brokerage, Bee Realty Corp provides professional advice and insights on everything from housing regulations to local property laws. And if you’re someone who would much rather spend time managing your investment portfolio and finding new opportunities, a management company can be an excellent financial decision.

Here’s how working with us can simplify the property management process:

Industry Experience

We have years of experience managing investment properties and have honed the process to a fine art. We’re also licensed REALTORS®, meaning we know the ins and outs of local markets and how to set rents based on multiple factors. Through the years, we’ve:

  • Managed tenant disputes.
  • Dealt with roommate changes.
  • Handled tenants who break their lease.
  • Supervised the eviction process.

We also know Florida’s fair housing laws and other local regulations that can affect landlords and tenants.

Frees Up Your Time & Effort

Whether you own one, two, or a dozen properties, managing them is a time-consuming task. We help you avoid getting midnight calls about plumbing problems or other issues that need immediate resolution. There’s also drawing up leases, collecting rent payments, and hiring contractors, all of which can turn owning rentals into a second job.

Bee Realty Corp can make owning investment properties much more enjoyable, eliminating the piles of paperwork and tenant issues that often cause higher levels of stress. You will be able to sleep easier knowing professionals with the perfect expertise and experience are handling every aspect of property management for you.

Tenant Retention and Shorter Vacancies

Lengthy vacancy times can quickly eat into profits, and frequent tenant turnover means more maintenance tasks as well as lost rental income. We’re skilled at finding qualified tenants and then managing them in a way that ensures long-time rentals and maximizes your return on investment.

Working with us can make all the difference in maximizing property values, handling tenant relations, and ensuring compliance with relevant laws and regulations. Call Bee Realty Corp at 386-279-7522 or contact us online to learn how we can help you with your property management needs.

More from our blog:

A close look at West Volusia

Whether you’re buying your dream home, selling an older home, or investing in your future, now is the time to make a move.

$338,859

No Data Found

Thanks for beeeeeing here! 🙋‍♀️

Join hundreds of happy buyers, sellers, and investors by choosing to partner with Bee Realty Corp.

Need help finding something?