If you own rental properties in Volusia County, you know working as a landlord requires a ton of time and resources.
Finding and retaining tenants, repairs and maintenance, and mountains of paperwork can be a full-time job. These stresses mean many landlords find it tough to scale rental income, especially when going from a few properties to a big portfolio. Managing too many properties yourself can be overwhelming, so you have to be realistic about how much you can handle on your own. There comes a point where outsourcing some of the work to a rental management company makes sense.
Quality property management services are often the key to taking that next step toward growing your business.
The benefits of property management go beyond convenience. Having a true professional in your corner helps you easily navigate difficult situations as they arise while improving your chances of finding and retaining good tenants. Property managers not only save you time by acting as a landlord, but they can also maximize your income by reducing vacancies and quickly turning over units as needed.
As one of Volusia County’s top property management companies, Bee Realty Corp offers a number of services that help local property owners grow their portfolios. Our concierge-level property management services make it simple to manage a few properties or dozens.
How can our services benefit you?
We’ll break down what property managers do and what you can expect by partnering with one of Central Florida’s best.
What Do Property Managers Do?
A property manager is a trained real estate professional who manages day-to-day operations for multiple rental properties. A property manager acts on behalf of the owner to improve rental property profitability.
Property owners who wish to remain hands-off, live far away, or have too many units to manage turn to a property manager to act as a landlord on their behalf. Property managers handle all the heavy lifting associated with managing tenants and units, so that the owner can count on predictable performance.
While requirements vary by state, property managers are trained professionals.
In Florida, property managers must obtain an active real estate license before managing properties on behalf of others. This adds an extra level of trust and qualification. Reputable local real estate brokers like Bee Realty Corp hire some of the best property managers around to meet our clients’ needs.
Rental Management: What Can I Expect From A Property Management Company?
Working with a property management enterprise has so many advantages, but one of the most important is the opportunity to free up more time to scale your business. It’s common for property owners to overestimate their capacity for managing multiple units and tenants until they become overwhelmed. Plus, many property owners don’t realize the full scope of benefits property managers provide. Here are some ways a property manager can help you:
- Tenant Screening: Bad tenants can be costly and time-consuming. Some may fail to pay rent, while others may cause expensive property damage. A good tenant screening process is essential for managing risk. You can find tenants who are not only responsible but also more likely to stick around and reduce turnover. Property managers like Bee Realty Property Management helps with tenant screening in two ways. First, we have a huge network of high-quality candidates seeking housing. Second, we’ve invested in the top tenant screening tools and processes to identify best-fit tenants.
- Rent Collection: Managing monthly rent collection can be tedious and time-consuming. Leveraging an online payment system is the most effective way to collect and track rent payments. Many property managers have good digital solutions that can make rent collection a breeze and prevent tracking issues. Our rent collection services help avoid billing issues while ensuring you never miss a payment.
- Maintenance: Whether it’s a plumbing issue or an electrical problem, property issues can and do pop up all the time. As a landlord, it’s your responsibility to deal with them as they arise, and they can occur at very inconvenient times. While you could build your own network of trustworthy contractors, it’s simpler to rely on a property manager who has on-call resources to deal with issues 24/7.
- Marketing and Promotion: A good marketing strategy attracts tenants and limits the time your unit sits empty. From taking listing photos to promoting your listing online and advertising your unit across a wide network of connections, a good property manager can put together a winning marketing strategy for your property.
- Turning Over Units: When tenants leave, turning over the apartment can be a lengthy process. Not only does the unit need to be deep cleaned, but repairing damage and making updates can be time-consuming as well. The longer your apartment sits idle, the more it costs you – reducing turnover time is the key to maximizing profit. A property manager can turn over your unit in days, so your property stays filled.
- Legal/Contracts: There is a lot of risk associated with managing tenants and properties. A good property manager helps reduce that risk. By managing lease agreements and vendor contracts, you can rest easy knowing you are protected from legal risk. Property managers also have access to legal resources that can guide you through problems as they arise.
- Awareness: Property managers will keep you updated every step of the way, so you know what’s going on with your property at all times. No matter where you are, you will always have clear visibility into your property’s status. If issues arise, you’ll understand exactly what’s going on and what the next steps will be.
How Bee Realty Property Management’s Concierge-Level Service Can Make Property Management A Breeze
If you are looking for property management, DeLand property owners trust the most, look no further than Bee Realty Property Management. Our DeLand real estate services and hands-on approach to managing tenants and units make it as simple as possible. Here is what we bring to the table:
- We Have Industry Experience: Managing tenant disputes, navigating lease violations, and even supervising the eviction process – we have handled nearly every problem a landlord could face. We’ve been doing this for years, so there aren’t many scenarios we haven’t experienced.
- We’re Local Experts: We know local housing regulations and Florida property laws, and we can help you navigate them and understand how they impact your business. We offer the landlord services Volusia property owners count on to get every detail right, even as rules change over time.
- We Have A Huge Network: As Volusia County’s top real estate broker, we have a massive network of potential tenants, contractors, legal professionals, accountants, and everyone else you need to maximize your rental income. We can connect you with any local services you need to make your business a success.
- We Communicate: You can think of Bee Realty Corp as a trusted partner or an extension of your own staff. We adopt our customers’ communication preferences so you’re as involved as you’d like to be.
- We’re Proactive: We don’t just wait for things to break. Whether it’s regular inspections or addressing small issues, we do proactive maintenance to keep your rental units in good shape. That reduces the need for costly emergency fixes down the road. We’ll also keep you updated about repairs and maintenance along the way.
- We’re Professional: Your tenants are your customers, and creating a great experience is crucial for keeping them with you. Bee Realty Corp is responsive and friendly, and we strive to build great relationships with tenants during their lease. We’re trustworthy, transparent, and committed to customizing our services to meet your needs.
Managing rental units is complicated, multifaceted work. It calls for deep expertise in real estate, legal, accounting, communication, and many other areas. As a landlord, you must be prepared to react to a wide range of problems and scenarios 24/7. While overseeing one or two properties is manageable for most people, managing an entire portfolio quickly becomes challenging, especially if you have a full-time job or other responsibilities.
Bee Realty Property Management’s property managers are experts on local laws and fair housing regulations. We’ve worked in Volusia County for many years, so we have an extensive network of tenants and contractors that can support us and our clients. We’re very familiar with the local rental market, and we have all the tools and knowledge needed to maximize your rental income.
If you’re ready to outsource rental management, Bee Realty Property Management is the perfect choice to make life easier. Schedule an appointment or stop by our downtown DeLand office today to discuss how our property management services can help you.