While owning rental real estate can provide you with the opportunity to earn “passive” income from your tenants, would you still be able to earn a nice return from your investments if you stopped doing everything that you’re currently doing?
The list of landlord duties can be a long one, which oftentimes includes some – or even all – of the following items:
- Marketing the property for tenants
- Screening applicants
- Collecting the monthly rent (and chasing tenants who don’t pay their rent on time, or not at all)
- Maintaining the property
- Responding to emergencies
- Regularly communicating with tenants
Depending on the type and the number of units that you own, this list can literally become exhaustive.
But there is a way to free up your time, which could not only give you the freedom to focus on other things, but that can also make your income from rental real estate truly passive. The solution – hiring a property manager.
With your properties in the hands of Central Florida Property Management, you can let us worry about all of the details, such as maintenance requests and emergency repairs, gathering rent from your tenants, and negotiating and / or updating your leases. We’ll even direct deposit your income so that you don’t have to personally go to the bank and deposit checks.
In addition, we’ll provide you with easy to read monthly financial statements, which are prepared by our in-house CPA. And, if you leave town for a short- or even a long-term period of time, you can access all of your investment property information directly via our website.
So, if you own rental real estate in Orlando and / or the surrounding Central Florida locale, give us a call. We’ll make your life a whole lot easier.