Florida Real Estate Rental Management

Over the past three years as the number of owner-occupied dwellings around Florida increased 5-10 percent, the dwellings with tenants, or needing them, rose 32 percent. In Florida, that included an increase of nearly 300, 000 properties whose owners live elsewhere. Here come the Florida real estate management companies.

Rents have sagged even as sales prices have held relatively steady. There's a lot of competition for tenants now. This has made Florida property management the hot growth niche in an otherwise shrinking Florida real estate industry.

Florida real estate property management is one of the items keeping their real estate companies busy and prosperous. There are two types of clients in this real estate market, people who bought houses they can no longer afford, or investors who bought houses to sell, but can't find buyers.

Managing properties isn't for the weak-hearted. The clientele is somber, to put it mildly. Real estate owners are trying to rent just to stop the bleeding. Florida real estate owners will rent at a loss of $600 to $700 a month and try to figure out what to do.

Despite serving distressed owners, real estate property managers have to be careful and informed. Tenants have myriad legal rights. Prospective tenants are protected from discrimination. Property managers must avoid sloppy contractors and must understand building codes.

Florida Real Estate Management Companies

• Florida Property Realty

• Allied Property Management Group

• Urban Property Management

• Moeller Realty, Inc.
• Advantage Realty of Palm Coast, Inc.

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