Where: Keller Williams Office: 13801 Tamiami Trail Suite A.
Where: Keller Williams Office: 13801 Tamiami Trail Suite A.
There are many property management companies in Venice Florida, so how to evaluate and choose the best company. We believe it is important to evaluate them thoroughly and consider the following as part of your evaluation:
Do they offer the services that you need?
You should carefully review the service the property management company offers. The best property management companies will handle all phases of Lease Management. They should list their service offerings online and you should be able to validate.
Do they have a local office and local area expertise?
It is important to choose a property management company that has a local office and experience within the area. You want a company that can attract the best local tenants, maximize your rental income and utilize the best local contractors for maintenance.
Do they have good reviews, references and well established business?
Make sure the property management company has over 10 years’ experience. You can ask for references and give them a call. It is important to look through their reviews and ensure there are more positive than negative. Please make sure negative reviews are not fake and the person has never worked with the company.
Do they provide honest answers to your questions?
We recommend meeting with the property manager face to face or on a zoom meeting. This will ensure all your questions can be answered and you can assess their professionalism, communication skills and reliability.
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If you are renting your Port Charlotte Florida Rental Investment Property out annually, our team will always recommend keeping your Port Charlotte FL rental property unfurnished for annual renters. Tenants generally want to put their own person touch on their rental and bring their own furniture. There is NO Florida law that requires a landlord to furnish a property before renting to tenants.
For a Port Charlotte FL Seasonal Rental or Vacation Rental, we do recommend furnishing the home. It is important to ensure you Seasonal or Vacation rental looks appealing to Snowbirds or people looking to take a vacation in your area. A well-furnished and decorated home will typically be on the market for a short time and rent very quickly. So, take the time to make your rental investment property look great.
At Florida Suncoast Property Management, LLC, we provide the property owner with a Seasonal Furnishing List for Seasonal Rentals and/or Vacation Rentals. It will let you know the specifics on what should be included in your Single-Family Home, Condo or Townhome investment rental property.
To Learn More and Get a Free Quote!
What makes sense for your Venice FL rental property?
Venice Florida is wonderful place to invest in a rental property. It is a tourist friendly city where many people come to stay for long periods of time to get away from the winter months in their home state. Seasonal rentals can work out great for option to market to the snowbirds. Annual rentals are a wonderful option if you don’t plan on using your property and want to maximize the profitability of rental income.
In this blog we will explore the pros and cons of Annual versus Seasonal Rentals!
Annual Rental: Pros versus Cons
Annual Rentals are always in high demand typically tenants are looking to rent for 12 month or longer. This provides a sense of security to the Landlord or Property Owner.
The Pros of renting for 12 months are:
- On average tenants will rent a home and stay for on average for 2 years.
- Annual tenants add stability to knowing who is renting your home for a fixed time period.
- There is typically less risk and maintenance issues due to fewer people utilizing your home.
- As a property owner you have a steady source of rental income.
The Cons of renting for 12 month are:
- You don’t get the huge rental income checks that you receive in a Seasonal Rental or short term rental.
- You have to respect the 12 month lease and not try to move tenants out early. This would and can be costly.
Seasonal Rental: Pros versus Cons
Seasonal Rental does provide some great flexibility if you desire to use your home for part of the year or not sure what month’s you may desire to leverage your property for your own vacation. Let’s explore the pros versus cons for a seasonal rental.
The Pros of renting for 12 months are:
- If you are planning on retiring soon, but not sure exactly when. Renting for seasonal provides you with the flexibility to not be locked into an annual lease.
- If you are working remotely and want to utilize you Venice Florida home for part of the year.
- You can charge more for you rental property during the popular seasonal months to the snowbirds.
- You can hire a Venice Property Manager to save you time, money and help you avoid potential problems in renting your Seasonal Rental. Property Management companies have the expertise to marketing your home, screen and place tenants, ensure compliance with federal, state and local laws and ensure all maintenance and repairs are done in a timely fashion.
The Cons of renting for 12 month are:
- It requires much more effort to manage with multiple vacation renters coming through your home.
- Your maintenance costs could go up due to more wear and tear on the home with multiple renters. If you can’t commit to paying maintenance repairs, then Annual might be a better option for you.
- More marketing efforts to constantly acquire more renters.
- If you are hoping to rent beyond simply Seasonal Rental, you may have more vacancies during the warmer months.
Our expert team would be glad to help you make the right decision and we would be glad to help you manage either your Annual Rental or Season Rental property. Contact us today at: Florida Suncoast Property Management, LLC
There has been a large influx in homes purchased in Southwest Florida this year. Many home owners and property investors are deciding whether to rent their property annually or seasonally. The other challenge is after you buy a rental property investment do you manage it yourself or hire a professional Venice Property Management Company.
The challenge is, do you have enough free time to prepare and market your home, understand and manage the leasing process, and learn the complex property rental laws for Florida. If you are not working, then this may be a good option.
However, if you have a full-time or part-time career and live in another state, managing a family, another home and a whole gamut of other responsibilities, then considering hiring a Venice Property Manager would be the right decision.
Venice Property Management – Your time versus money!
Do you want to spend all your free time managing a property when it is vacant? What is your time worth?
With a rental investment it takes the following tasks to get your investment property rented:
- Get your home ready to show for tenants.
- Market your home on all the top rental online companies.
- Respond to applicants.
- Screen perspective tenant’s by doing background checks and call previous landlords for references.
- Performing Pet Screening if you allow pets.
- Taking Pet Security deposit.
- Taking Rental Security deposits.
- Preparing and signing leases and ensuring they are compliant with Federal, State & Local Laws.
- Collecting rent.
- Managing penalties when rent is not received.
- Managing evictions process if tenants stop paying their rent.
- Managing property maintenance as things break within the home.
- Performing home inspections to ensure tenants are taking good care of your home.
- Between tenants you must ensure proper cleaning and maintenance is done.
- Collect and Pay Tourist Tax.
At Florida Suncoast Property Management, LLC we save you time and money by managing all of these task, ensuring we only place highly qualified tenants in your home, maximize your rental income, provide you with direct deposits, share online accounting information and do a wonderful job maintaining your rental investment property. We have over 30 years combined skills in property management and personally investing in real estate experience. We understand that you need the very best professional property management team to care for your properties. Our team is dedicated, honest and takes great pride in providing property management services in Southwest Florida.
Would you like to learn more about our Professional Property Management Company services in Venice Florida? You can contact us anytime at Florida Suncoast Property Management, LLC. We would be glad to answer all your questions or concerns and help you understand the value of our services.
We would love to earn your business!
- There is a lack of communication by your Venice Property Management Company! Does your Venice property manager return your calls? If there is a major maintenance issue and does your property manager keep you well informed.
Florida Suncoast Property Management team will always call you back and address any of your concerns or issues. Also, we believe in providing very clear Venice annual and seasonal rental maintenance policy. If there is a maintenance problem, the tenants contact our Property Manager directly and an appropriate vendor is sent to the property. Any repairs under $300 are approved by our Venice Property Manager, and repairs over $300, our Property Manager will call the owner for approval on the repair.
- Your Venice Property Management Company does not provide you with any owner’s reports! A property owner should not have to be requesting a month to month bookkeeping of their investment property. The property management firm should be proactive with utilizing top of the line technology so you can get accurate and timely information.
Florida Suncoast Property Management, we provide our Venice FL annual and season property owner’s accounting reports through Buildium which is a top of line online application for managing property management services. Our property owners have access to:
– Review information on each of your managed properties.
– Review any documents that were shared by the Property Manager.
– Review monthly published accounting reports.
– Review tenant maintenance requests.
- Your Venice Property Manager is placing consistently bad tenants and you are experiencing evictions! You are constantly hearing your Venice Property Manager is going to court for an eviction or having to force a tenant out for non-payment. Then you may need to look for a new Venice Property Management Company!
Florida Suncoast Property Management uses the most thorough screening process to ensure your Venice FL annual or seasonal rental property is only rented to the best tenants. Placing a quality tenant is very important. Our goal is to find the right qualified tenants who pay rent on time, understand and follow the leasing terms, take care of your home and respect their neighbors. We take great pride in placing the RIGHT tenant in your Venice Florida home!
- You starting to see more negative reviews for the Venice Property Management Company you utilize! Now every company will get negative reviews. This does not mean the company is bad. It simply means the customer had a bad experience. However, if you see a pattern, of comment similar to, “This company is extremely unprofessional!”, “This company does not show up for appointment.”, “I wish we could give zero stars since the property before moving in was dirty and the company is a rip-off.” These are just a few red flags which might catch your eye after being with a Venice FL property management company and realizing their service quality is declining.
Florida Suncoast Property Management we take our client’s reviews very seriously. We want to continue to improve our Venice annual and seasonal property management business and if we receive a complaint. We are very proactively in dealing and resolving the concern right away. Occasionally, all companies will get fake negative reviews which you cannot do much about. However, we believe in listening to our clients and always improving our processes and technology to make things better for our Venice FL property owners!
- You are being charged a markup fee for Venice Property Maintenance issues by your Venice Property Management Company. As a property owner, do you feel your margin of profit per property is shrinking? Many Property Management Companies will charge a markup fee for managing your property maintenance issues. This probably seems unfair since all you want to pay is the Vendor for performing the maintenance work!
Florida Suncoast Property Management will never charge you a markup maintenance fee for general maintenance items to our Venice Florida property owners. We will simply provide you with the Vendors bill for payment. Our company does NOT believe in this business practice in marking up maintenance fees! The only time we would charge you a fee is if the property owner was having a major home improvement done and you requested us to be the Project Manager. As the Project Manager will schedule and facilitate the contractors and ensure the work is done correctly. We are glad to provide this service to our Venice property owners.
For all you snowbirds and local homeowners, Sarasota Florida Local businesses are open and ready to serve you! From restaurants, local boutiques, breweries, wineries, and small businesses, we would love to have you visit their Sarasota Business and they look forward to pampering you with their wonderful food, beverages, products and services.
Restaurants
There are many Sarasota Florida restaurants open and ready share their delicious chef recipes for your dining pleasure. Many restaurants and eateries are still offering takeout and delivery options, so if you prefer, you can place an order on their website or 3rd Party service provider. (e.g. Doordash or Grubhub) To make things easier you can click on this link below which will provide additional information on each Sarasota FL restaurant!
Open Restaurants for Eat In, Delivery or Take Out
Local Boutiques
If you enjoy retail shopping, there are some wonderful shops in Sarasota – Bradenton and surrounding cities that offer a wide array of products. Many of Boutiques are offering an online shopping experience, curbside pickup and of course in store shopping. Contact the local business to learn more about your options.
Downtown Sarasota Shopping Guide
Breweries
There are dozens or so wonderful breweries to choose from to sample of your favorite craft beers! Some are small batch breweries with a tap room and others offer food and live music. You will always have a good time at a local brewery! Consider visiting one today by clicking on the Beer Guide link to learn more!
Here is Beer Guide on What’s on TAP
Wineries, Wine Bars and Tastings
Many people are not aware that Florida has some wonderful wineries. There are around 35 wineries across the state for your enjoyment pleasure. Many of them offer in house tastings, events, shipping of wine or bottle pick up. If you are still leary of crowds, that’s ok. You can simply contact them to either pickup your favorite white or red or potentially have it delivered.
To learn more on Florida Wineries, Tours and Tastings
About Us: Florida Suncoast Property Management, LLC believes in spreading the word and supporting Sarasota Florida Local Businesses. We hope you find this information valuable and help by visiting a local Sarasota Florida business today!
Our team is dedicated, honest and takes great pride in providing Sarasota Property Management services. Our team has over 30 years combined knowledge in helping real estate owners and investors!
Here Are 5 Ways to Better Celebrate Thanksgiving in Venice Florida!
As a Property Management Venice Florida company, that provides services in Southwest Gulf Coast Florida, we love sharing fun insights on what is great about celebrating the holidays in warm sunny Florida.
First, did you know the average temperature in Venice Florida during the Thanksgiving Holiday is 80 degrees? The weather is absolutely perfect! So, let me share 5 ways to better celebrate Thanksgiving in Venice Florida (FL) with your property management Venice Florida experts at Florida Suncoast Property Management LLC.
1. Visit Caspersen Beach!
Caspersen beach is a fantastic beach. If you are into collecting shells, then this is the beach for you. It has the most enjoyable shelling beach in the area. You are likely to find all types of prehistoric shark’s teeth and a wide collection of your favorite shells. The southern two thirds of the beachfront area were left in its natural state and are very secluded.
Caspersen Beach features a boardwalk, ample free parking, restrooms, outdoor showers, small unpaved hiking trail, a canoe/kayak launch, paved and a children’s playground.
2. Visit Venice’s Famous Fishing Pier!
If you are someone who loves great sunsets, then Venice Florida Fishing Pier is a must do on your list. You will see some of the absolute best Southwest Gulf Coast Venice FL sunsets.
The Venice Florida fishing pier dates back to 1966 when it was originally built. It had to be rebuilt in 1984 due to a destructive storm. In 2019 there were many upgrades to the pier which includes under handrail lighting which makes this a 24/7 pier that is always open.
Do you like to fish? This fishing pier is awesome for catching all types of species and sits way out over the water. Being a long time fishermen, I enjoy visiting and seeing what is the catch of the day. As you walk out on this pier, you will be immediately impressed with how beautiful the water is in Venice FL.
Once you have walked this long pier, you might be hungry. Great, we have you covered. As you come back from walking the pier there is Sharky’s on the Pier restaurant. They are known for serving some the best local favorites. It was also voted Florida’s best beach bar for many years and popular fun spot to grab a drink and some food.
3. Visit Manasota Key Beach Florida!
Manasota Key is a beautiful beach! It does not have the kind of crowds that you see at the more popular beach destinations. During Covid times and being responsible with social distancing, this might be the perfect choice.
At Manasota Key Beach Florida, you will enjoy the wonderful natural beauty. You may see Sea Turtles nesting on the beach (please do not disturb), osprey, great blue herons and other Florida native birds. There is a lifeguard stand, bathrooms, plenty of miles to walk. On the beach you will find some fantastic shells for picking and wonderful local bird watching, so be sure to bring your camera. We often see dolphin playing just off shore. Surf fishing is pretty good here, but you may need to setup off to one side of the beach to stay away from the swimmers.
4. Visit Historic Downtown Venice FL and Our Property Management Venice FL team will help you with your rental needs!
Do you like to shop? Great, you have come to the right place! Historic Downtown Venice FL has hundreds of independently owned wonderful shops and boutiques. There are welcoming business owners waiting to greet you and share their unique clothing, gifts, art and much more. For you dining pleasure, there are several famous restaurants with fantastic menu to grab a terrific dinner and refreshing drinks. It is simply a great place to enjoy your day!
We truly enjoy providing gulf coast property management services and helping vacationers find the right home for rent!
5. Visit Snook Haven Park!
What a fun destination! You can spend a wonderful day here doing all types of things. If you love activities, you can launch a Kayak here and see the natural beauty of the Myakka River. There is plenty of wildlife to explore as you paddle these quiet waters. If paddling is not your thing, you may opt for the great Myakka River Tour Boat. They will take you on a tour of the river, which has alligators and plenty of bird watching.
There is a wonderful restaurant at this facility too! At the restaurant, you find some wonderful food on the menu and sample some of the local cuisine while enjoying a festive beer, wine or mixed drink. Often they have live music, so be sure to keep a look out for your favorites!
We hope you seriously consider spending your Thanksgiving Holiday in Venice FL! It is a wonderful city with so much to offer! If you fall in love with the area and decide to purchase a new home or investment property. Our property manager is also a licensed real estate agent and would be glad to help you either with a home purchase or an investment property opportunity!
Make sure to visit us at Florida Suncoast Property Management, LLC. We would love to earn your business as your Property Management Team in Venice Florida! Or, feel free to give us a call to learn more about our company and services: (941) 623-9800
If you need help finding a rental property in Venice FL, please contact us!
Professional Gulf Coast Property Management services Charlotte County and Sarasota County, Florida. Our company provides services for Residential Property Management, Listing & Marketing Services, Property Showings, Property Leasing Services, Tenant Screening & Pet Screening, Rent Collection, Lease Enforcement, Property Inspection, Property Maintenance Services, Financial Reporting & Analysis, Tenant Relationship Management, Vendor Management & Contract Administration, Bill Pay Services and Virtual Consultations.
Related Articles or Links You Might Enjoy!
About Us: Florida Suncoast Property Management, LLC believes in spreading the word and supporting Sarasota Florida Local Businesses. We hope you find this information valuable and help by visiting a local Sarasota Florida business today!
Our team is dedicated, honest and takes great pride in providing Venice Property Management services. Our team has over 30 years combined knowledge in helping real estate owners and investors!
Boca Grande FL Gulf Coast Property Management – Will investing in rental properties continue to grow?
I believe reasonably priced long term rentals will continue to do well during these tough economic times in Boca Grande FL Gulf Coast. Home owners may decide due to economic pressures to sell their home and go back to renting. If they no longer have to worry about taxes, home up keep, and other home maintenance expenses this may make renting a home potentially a good answer. This may in turn increase the demand for properties that require Boca Grande FL Gulf Coast Property Management assistance.
For vacation rentals, they will struggle some until the virus and case count drops. Some people will be cautious about traveling and being in large crowds. So, if you have vacation rentals, the secret is lowering your price some to beat out the competition. Obviously, you want to try and optimize your rental potential and maximize your income potential. If you need Boca Grande FL Gulf Coast Property Management help in marketing your property and assistance in managing your investment, Florida Suncoast Property Management, LLC would be glad to help!
5 Tips for Getting Your Boca Grande FL Gulf Coast Property Rented!
- Ensure you property is well maintained!
The marketability of your home is impacted by how well you investment rental home is maintained. Make sure all repairs are done when necessary to help maintain and/or improve the value of the property with little or no inconvenience to your tenants.
2. Market your property everywhere on the web!
With every investment property, you want to create your marketing plan to promote you Gulf Coast Florida property listing. It starts with doing a market analysis of your property to determine the fair market rental value. Once you set the rental amount, you must prepare your rental property advertisement and have professional pictures taken. You will want to list your rental property on the web and have is syndicated to numerous rental websites and social media platforms such as:
Zillow
Trulia
Hotpads
Homes
Facebook and Much More
3. Understand how to place the right tenants!
The screening process is to ensure your Boca Grande FL Gulf Coast property is only rented to the best tenants. You want to ensure you have the right qualified tenants who pay rent on time, understand and follow the leasing terms, take care of your investment property and respect your neighbors. If you are using a property management company, they should take great pride in placing the right tenant in your home!
4. Understanding the leasing process!
The lease execution, lease enforcement, lease renewal and potential eviction are all part of the leasing process. Many home owners are not comfortable with managing leases due to not understanding all the laws impacting a tenant and owner rights. Make sure your lease agreement is written in line with federal, state and local requirements to avoid any potential future problems with your tenant.
5. Avoid costly mistakes and legal fees!
Lack of knowledge of federal, state, and local laws and regulations can lead to legal fees and costly mistakes.
If this seems a bit overwhelming and you love your investment properties, but simply don’t want to manage these important tasks. Please feel free to contact Florida Suncoast Property Management, LLC. We would love to help!
You can see this post and others on Activerain at: Boca Grande FL Gulf Coast Property Management – Will investing in rental properties continue to grow?
It may be a wonderful time to invest in rental properties! For employees that have a long history with a company and were recently unemployed. You have the most flexibility when it comes to investing. You have several options with your 401k:
• Leave your money in the current corporate 401k Plan.
• Take your 401k money out and rollover into your own Rollover IRA plan with another Financial institution.
• Take you money and rollover into a Self Directed IRA to purchase real estate.
So, what is a Self Directed IRA?
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