|
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 Golf's City of the Month
