Owners

Owners

Owner's Corner

Management Services

  • Each month, collect the rent, and post late notices.

  • Provide round the clock service. Twenty-four hours per day and seven days per week someone will be available to handle emergencies. Each property manager also has a cell phone and answering machine.

  • We work as a team covering each other’s property. In case of an emergency, such as a broken water pipe or refrigerator, someone is always available, even when one of us in on vacation or ill. Your property and tenant will always be serviced.

  • Monthly exterior inspection and annual interior inspection of each property.

  • Proper notices to tenant if they are in violation of any of the terms or conditions of the lease.

  • We will make mortgage and association payments if you desire.

  • Monthly and annual accounting reports to the owner showing all income and expenses.

  • Proper filing of 1099 sent to subcontractor repair personnel, as required by IRS, at year end. Also, year-end income and expense summary sent to the owner.

  • When tenant vacates, inspect the property to determine its condition, filing claims against the tenant’s security deposit if necessary.

  • Subcontracting of all necessary repairs. Repairs will be done by licensed and bonded companies.

  • Check repairs to determine satisfactory completion.

  • Pay for the ordered repairs out of owner’s rental account.

Leasing Services

  • Advertise property for rent

  • Personally show property to prospective tenants, even on the weekends

  • Obtain and process rental applications, checking criminal background, evictions, credit history, rental history and employment.

  • Negotiate a lease and contract with attorney to prepare a lease.

  • Collect first month's rent and security deposit.

  • Meet the tenant at the property at the inception of the lease.

  • Video tape the "move-in" inspection with tenant present so there are no misunderstandings of the condition of the property at the time tenant took possession.

  • Guarantee the tenant, if we also manage the property. If a tenant moves prior to the expiration of the lease, we will pro-rate of lease fee and credit the unused portion to you when we place a new tenant in the property.

Our Technology Advantage

We invest in advanced technology systems so we can provide you with the best service and manage your properties efficiently and effectively. We have chosen property management and accounting software called AppFolio Property Manager. Some of the benefits that we are able to pass on to you:

  • We can respond faster and provide better service to both owners and tenants.
    We can securely access information about all properties at any time and from anywhere. Sensitive data is securely housed in a state-of-art data center, and backed up regularly and automatically.
  • Monthly statements can be delivered to your email inbox, saving time and paper.
    The statements are easy to read and provide you with a quick snapshot of your property details for the past month.
  • We address property maintenance issues faster.
    We can create electronic work orders and communicate with vendors so we quickly solve issues.
  • You will be paid faster and more securely.
    We are able to use electronic payments (ACH) to deposit funds directly into your bank account.
  • We can more effectively market your properties to fill vacancies sooner.
    We can quickly and professionally advertise your properties on our Web site, Craigslist, and other Web sites.

Owner Statements Available Online

Did you know that you can now access your owner statements online?

Benefits:
  • Concise statements covering the performance of your property for the previous month
  • All data on your property is stored in a state-of-the-art data center
  • Access information about your property 24/7
  • Access information about your property from anywhere with an internet connection
How it Works:
In order to keep your financials secure, we use a state of the art portal system which communicates with your email.

Each time you wish to view your reports, you must visit the portal and enter in your email address. You will be emailed a single-use link where you can view your statements. This link does not have a time limit, however, it will only work once.

Contact Us

Richard Realty Management Group, LLC
3834 East Michigan Street
Orlando, FL 32812

Ph: (407) 857-7077
Fax: (407) 857-7789

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