Tag Archives: dreznin

​10 things to ask before… Choosing a property manager

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Via – Tampa Bay Business Journals
INDUSTRIES & TAGS

1. Are you accredited?

Accreditation indicates that a property management company adheres to high standards. Look for a company that has an accredited staff and leadership who have met the strict requirements for education and experience in property management. A major accreditation organization is the Institute of Real Estate Management, a division of the National Association of Realtors.

2. What does your insurance cover?

Make sure the company has a fidelity bond to insure against loss due to employee dishonesty. Coverage for forgery and alterations is also important to protect against loss. The staff should be knowledgeable of loss-prevention and risk-management programs.

3. What services do you provide?

Property management companies can offer an array of services, including management planning, financial reporting, market rent analysis and lease negotiation, to name a few. Determine what services your business needs. That information can help you draw up the best management agreement for your property.

4. Why types of properties do you manage?

A management company’s expertise should fit your needs. Does it have experience solving your sort of problem, such as a maintenance or vacancy issue? Has it managed your type of building, be it an office or housing complex? Find out what other properties the company manages, how long it has managed those properties and what the results have been.

5. What is your fee structure?

Possible fee structures include the following: management fees, generally based upon a percentage of collections; percentage fees, which can be based on different portions of income; and flat fees, or a flat fee plus a percentage of income.

For the additional 5 points, click here for full article

If you’re seeking professional property management, look no further and CLICK HERE <—

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Filed under Commericial Real Estate Articles & News, Investment Real Estate, Property Managment

Property Management and the reasons to use professionals

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Make more without the headaches

Owning rental property can be costly.  The right property management company can make all the difference.  Our goal at Sand Dollar Premier Property Management of Sarasota is to protect your investment, minimize your costs, and maximize your income—without interrupting the daily harmony of your life.

We do all the heavy lifting

Our approach is straightforward and simple.  We provide professional, trustworthy property management services, from tenant screening to leasing to maintenance to evictions. Whether you are an investor with residential multi-family or an owner of premier condominiums or an unintentional landlord, we provide solutions.

Rely on Professional Expertise

With Sand Dollar Premier Property Management of Sarasota, you can count on our local knowledge and expertise, supported by systems and processes developed over the past 20 years.  Join the consensus of rental property owners and investors who trust Sand Dollar Premier Property Management across Sarasota County to manage their rental property’s. Whether you own one condominium or several investment properties, our staff is prepared to meet the demands of property management, 24 hours a day.  We know what works, what rents, and how to get more out of your rental property – all at a competitive price.

About Sand Dollar Premier Property Management of Sarasota

Sand Dollar Premier Property Management of Sarasota is an independently owned affiliate office of Triton Property Management, Inc., offering residential property management and leasing services, including the following:

Rental market analysis and pricing

@ Finding and screening tenants
@ Completing lease agreements
@ Maintaining buildings and grounds
@ Coordinating repairs on a 365-day/24-hour basis
@ Preparing monthly owner statements
@ Preparing end of year tax reporting for owners
@ Regular video inspections with written reports
@ Processing evictions when necessary

Sand Dollar Premier Property management of Sarasota leases and manages residential multifamily rentals and condominiums in Sarasota, Venice, Siesta Key, Longboat Key, Lakewood Ranch, Osprey, Nokomis and Englewood, FL.

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List of current Condo Developments in Sarasota, FL getting started in 2014-2015

List of current Condo Developments in Sarasota, FL getting started in 2014-2015

Rendering of Aqua 280 from www.aqua280.com, via Sean Dreznin's Blog

Rendering of Aqua 280 from http://www.aqua280.com, via Sean Dreznin’s Blog

The Queue in Downtown Sarasota
Click here for access to The Q home page

The Jewel
Bayfront Sarasota Luxury Condominiums
Click here for more information

The SanSara
Downtown Sarasota with limited views of Bayfront
Click here to view the designer’s website

One88 on Golden Gate Point
Coastal Condominium Residences
Click here to pre-register on developers site

Aqua280
Located on Golden Gate Point, this luxurious complex looks out at the Bay and Ringling bridge
Click Here to view page

Rendering of the Vue at Gulfstream and US 41 in Sarasota, FL from the website of the Kolter Group, via Sean Dreznin's Blog

Rendering of the Vue at Gulfstream and US 41 in Sarasota, FL from the website of the Kolter Group, via Sean Dreznin’s Blog

The Vue
On Sarasota Bayfront
Currently in a pickle about additional traffic impact with the Ritz and others.
Click here to visit the website

Other developments forthcoming…

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Looking to sell or purchase Gulf Front property? Call Sean Dreznin at Ian Black Real Estate. Sean knows the Gulfcoast!I

Looking to sell or purchase Gulf Front property? Call Ian Black Real Estate and Sean Dreznin. Sean Sells the Gulfcoast of Florida!

Helmsley Sandcastle -- Sean Dreznin of NAI Tampa Bay provided picture

Helmsley Sandcastle — Sean Dreznin of IBRE provided picture

Currently Sean has a confidential 10+ unit Apartment complex for sale in Sarasota, Fl.

It was under contract, but the Buyers could not perform, so it is back on the market and ready to find a new buyer.

UPDATE – SOLD, SOLD, SOLD
Highly desired. Located near new and luxury construction/development.

NAI Tampa Bay Real Estate, serving the Gulfcoast of Florida.

Ian Black Real Estate, serving the Gulfcoast of Florida.

Sean can be reached at (941) 961-8199 or sean@ian-black.com

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Flood insurance rate hikes begin taking toll on property market

Flood insurance rate hikes begin taking toll on property market

By Zac Andersen

Hefty flood insurance rate increases are starting to have a pronounced impact on Southwest Florida’s real estate market heading into the new year, hurting sales and upending the business in high-risk flood zones.

Lawmakers from Florida and other flood-prone states still hold out hope that the National Flood Insurance Program rate increases can be rolled back
, but real estate professionals say the hikes are already taking a toll in certain neighborhoods.

Home sales have stalled, sellers are dropping prices and the mechanics of completing a deal are becoming more complicated.

We’ve seen a lot of closings just fall through,” said Bob Strayer, owner of Strayer Surveying & Mapping in Venice, who conducts surveys of properties to determine their elevations for flood insurance purposes.

Since Congress failed to pass a flood insurance fix before adjourning for the holidays, a group of senators — including Florida Democrat Bill Nelson — from states with large numbers of flood policies have been pushing for a vote early this year on legislation that would delay the new rates.

Congress approved steep rate hikes to the National Flood Insurance Program in 2012 to help make up losses after Hurricane Katrina. Older, low-lying properties in high-risk flood areas are being targeted for the largest increases.

The new rates are being phased in for most property owners. But when a home sells, the new owner must pay the entire “full risk” rate at once.

One of Clapp’s agents recently worked on a deal in which the property insurance went from $1,400 to $6,000. The seller had to drop the price, or the buyer was ready to pull out.

“It’s dramatically affecting buyers,” Clapp said.


Real estate agents are being forced to change how they do business.

Buyers and sellers have been getting into disputes over money held in escrow.

Click http://www.heraldtribune.com/article/20140104/ARTICLE/140109852/2416/NEWS?p=2&tc=pg#gsc.tab=0 for full article.

Click here for full article.

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Palmetto Villas Apartments (44-units) sells for $36,000/unit

Palmetto Villas Apartments (44-units) sells for $36,000/unit (Dec 2013)
via Bradenton Herald
Brought to you by Sean Dreznin of NAI Tampa Bay

Palmetto Villas receives a $1.12 million dollar facelift. (Feb 2012)

PALMETTO — Jacob Miller has a new roof over his head, literally.

Miller’s residence is one of 49 units in the Palmetto Villas Apartments complex that recently underwent renovations paid for with a $1.12 million loan provided by the U.S. Department of Agriculture’s Rural Development agency.

“A year ago this was a battleground,” said Richard A. Machek, state director for USDA Rural Development, during a ribbon-cutting ceremony Thursday in front of the apartments’ leasing office.

He said that when properties are “nice and clean,” residents tend to take better care of them, and that he hoped the commun- ity would stay engaged with the upkeep of the apartments.

The Guaranteed Rental Housing loans are given to citizens, corporations and partnerships who help provide affordable housing to rural communities.

Before the renovations, the property had “no hope of survival,” Machek said, and called the end results “phenomenal.”

Thomas F. Flynn, president of Flynn Development Corp., said the apartments went through a series of rehabilitations, including the installation of new air-conditioning units, new exterior doors and roofs that resist 130-mph winds.

“I know our residents really appreciate it,” Flynn said.

A new video security system also was installed.

Palmetto Villas Apartments, built in 1979, offers 800-square-foot, two-bedroom apartments and 925-square-foot, three-bedroom apartments.

According to Flynn, the apartment complex has a 95 percent occupancy rate.

Click here <—===== for complete article.

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Prime Land in Sarasota, FL FOR SALE ** Motivated Seller ** MAKE OFFER

Prime Land in Sarasota, FL FOR SALE ** Motivated Seller ** MAKE OFFER

CLICK HERE For Data <——============

Contact Sean Dreznin to get started on your new building!!

Contact Sean Dreznin to get started on your new building!!

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