Q)I've heard tenants will damage your home- is this true?

A) Consider the source- what do they really know? Think about this for a moment? How many people do you know that would damage a home on purpose?

Finding a decent tenant is not a game of chance. You don't magically get a decent tenant or not. It's not the luck of the draw either. A well thought out application and screening process with employment, criminal and background checks plus, personal and family references usually ensure you end up with qualified tenants who will love your home and think of it as their own home.

How Do You Vet Tenants
There are offical agencies we subscribe to where we can order offical written reports on all potential applicants- then there is the lease to consider. Ours is drawn up each time by an attorney.

Do I get to choose who rents my home?
Absolutely, as owners we ask for your permission before drawing up a lease on your behalf. We provide you details on each applicant. The decision is yours, we provide you with detailed information so you can make an informed decision.

My STR manager said they might do long term rentals
A) Vacation rentals and long term rentals are totally different businesses. A manager experienced in short term shouldn't attempt long term rentals without the state requirements and experience.

What Are The Licensing Requirements?
A) Short term vacations rentals are licensed under Fl statues 509 and long term rentals require that you are a Real Estate Broker Florida Statues chapt 475. Even regular realtors cannot operate long term rentals without them falling under the supervision of a broker. In order to be a broker you have to be experienced as a realtor and taken state required education and exams. I have been a broker for 14 years and have 17 years experience in long term rentals.

Will I really benefit from a Long term rental
A) Most of our owners started out with their homes as vacation rentals. They were emotionally attatched to their vacation home and it's wonderful furniture, pool and location. We recommend for the first year you store most of your furnishings. The cost of storage is approx $100 per month. On a 3/2 pool home your net returns after after commission and expenses is approx $9,900 in year one. Some owners told us they were spending as much as $30,000 a year subsidizing their home and now they are
H-A-P-P-Y.

Somewhere mid through year one-when you realize that the rent checks come each and every month. Then, you don't have to come here on vacation to stay in your home - you are now free to see the world. All your savings aren't going to support your home in Florida. You have turned your home into an investment instead of a beautiful luxurious money pit. With the added savings you can stay in a different brand new home each time you come here or go and vacation anywhere- take a cruise- you now have the freedom to make that choice again.

What happens if they don't pay the rent
We serve them with a 3 day notice to deliver the rent or quit the premises. Evictions for us are few and far between- we've only had to do 2 in the last five years.

Call us so we can answer anymore questions you may. It costs nothing to talk and your call is kept confidential. 407-933-2367