Tag Archives: property management

Special on Property Management for Annual Rentals for July 1 – Aug 31, 2017

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tritoncre@gmail.com to discuss

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​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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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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Property Management done well

Property Management done well

By: Mark Gordon | Deputy Managing Editor

via Business Observer (original article 2010)

In most cases, no one knows a property better then the property manager. This is the case with Ryntal.

Chris Abbott went in several entrepreneurial directions in 2004 after his U.S. Army tour ended.

He became an inventor, a software developer and a commercial real estate investor. He also worked in land development for some of the Gulf Coast’s most respected homebuilders and developers.

But it turns out Abbott’s best directional decision, so far at least, was to start a multi-family residential and commercial property management company amid a crippling recession.

That company, which Abbott founded as a one-man show in October 2008, is now poised for a growth spurt. The Review first profiled Abbott and the company, Ryntal Property Management, in its special issue on young entrepreneurs last year. (See Review, 1/23/09.)

Ryntal has since hired eight employees, with plans to bring on four more inside office clerks and 12 additional rental agents this year. Abbott, 32, projects Ryntal will reach at least $600,000 in revenues in 2010, when it will also open two retail apartment rental stores.

Abbott even recently brought on a business partner, a CPA and former accounting executive with several international construction and real estate firms based in the Washington D.C. area. The partner, Tom Wagenhauser, joined the company last year.

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Regulators and 13 Banks Complete $9.3 Billion Deal for Foreclosure Relief

Regulators and 13 Banks Complete $9.3 Billion Deal for Foreclosure Relief

BY JESSICA SILVER-GREENBERG

Distressed Housing in Florida Market

Distressed Housing in Florida Market

Under a deal formalized on Thursday, homeowners who faced foreclosure abuses can receive up to $125,000 in cash relief.

Federal banking regulators have reached a $9.3 billion pact with 13 major lenders to settle claims of foreclosure abuses like bungled loan modification and flawed paperwork.

The details the settlement, made up of $3.6 billion in cash relief and $5.7 billion in relief to avert foreclosures, were announced Thursday.

Under the deal, homeowners can receive up to $125,000 in cash relief. Despite the banner numbers in the settlement, consumer groups and a range of lawmakers have criticized it for not providing enough relief for aggrieved homeowners.

The agreement formalizes the tentative deals that were reached in January between the mortgage servicing companies and the regulators from the Office of the Comptroller of the Currency and the Federal Reserve.

Beyond the cash relief, the 13 mortgage lenders will provide $5.7 billion in other assistance like reducing mortgage balances and refinancing burdensome loans.

Three firms — GMAC Mortgage, Everbank and OneWest — didn’t sign the pact. The lenders will continue to review their mortgages, according to the regulator. Those three companies service more than 450,000 loans in foreclosure from 2009 to 2010.

Click HERE for full article <—————=====================

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Looking for a great property management company? Looking to lease your home?

Looking for a great property management company? Looking to lease your home or condo?

Look no further…

http://sarasotarentals.weebly.com/

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Ground Lease Apartment Complex For Sale in Bradenton, FL

Ground Lease Apartment Complex For Sale

Click Here for Loopnet Details

Ground Lease 230+ Unit Apartment Complex

Ground Lease 230+ Unit Apartment Complex

4300 18th st W, Bradenton, FL 34205

Price:Price Not Disclosed
No. Units:230+
Building Size:206,000 SF
Property Type:Multifamily
Property Sub-type:Garden/Low-Rise
Property Use Type:Investment
Commission Split:1%
Cap Rate:8.25%
Occupancy:88%
No. Stories:3
Property on Ground Lease?:Yes
Year Built:1971
Lot Size:7.95 AC

Highlights
11 Buildings
300+ Parking Spaces
Apartments have central A/C and heat
Roofs were replaced approx 7-8 years ago
Ground Lease in place has approximately 45 years remaining

Description
230+ Unit apartment complex in eleven(11)-3 story buildings situated on 7.95+/- acres of land. Property has a separate building for rental office in addition to 2 laundries and a swimming pool. Concrete block construction with asphalt shingle pitched roofs constructed in 1977 and well maintained. The unit mix is 96: 1BR/1BA; 84: 2BR/1BA and 54: 2BR/2BA A total of 187,000 sf of living space. Property contains 300 parking spaces. Apartments feature central air and heat, spacious living rooms and bedrooms, fully equipped kitchens with GE appliances, baths are ceramic tiled, rooms feature wall to wall carpeting. Most apartments overlook a courtyard or pool. Each building has elevators as well as standard stairs.

Belmont Park has a great location, right in the middle of where people want to be. Within walking distance you will find, major shopping centers, financial institutions and any number of desirable restaurants. Beautiful beaches are only ten minutes away and the Sarasota-Bradenton airport is just seven miles south of the complex which is just off of Cortez Road four blocks west of US-41

http://www.loopnet.com/lid/17983638

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