Managing Your Home

You will be referred to a reputable management company appropriate to the area you have bought in. There are many to choose from and at first it appears a simple choice. Again proceed with caution. You will pay a heavy price for using an inefficient or dishonest company as many owners have found to their cost. That will be a major factor in your renters choosing to repeat a booking with you again in the future. Your broker should be able to use his knowledge in helping you select the best one.

Get to know a neighbour, as it will pay dividends. They can be a very useful source of checking up on your property. It has, unfortunately been known for a letting company to allow a tenant to stay without informing the owner or indeed paying them.

A good management company will be able to:

Secure registration with the state of Florida tax authorities.
Obtain a hotel/ motel-lodging license.
Arrange for cable TV and telephone to be connected.
Manage and maintain a reservation and booking system for the property.
Provide a check-in facility for guests as required by Florida State law.
Obtain a security deposit against breakages for each party on arrival.
Ensure your property is maintained in first class condition at all time.
Arrange to handle all bill and invoices relating to your property and account to you monthly.
Arrange for any repairs to be carried out.
Provide an after hours lock box, so that guests can collect keys to their property day or night.
Arrange for the installation of smoke detectors, fire extinguishers and dead locks if not already fitted.
Ensure that your pool and spa are properly maintained.
Ensure that pest control is conducted on a regular basis.
Make certain that your property is properly cleaned, and bed linen and towels are washed and changed.
Ensure toilets are properly sanitized.