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Brevard County Property Management
Brevard County Property Management, plus Sales, by Aamerican Property Management--35+ Years in the area. Homes for Rent in Melbourne, Florida
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We have been fortunate to have lived right here for the past 35 plus years.
We moved the company from a commercial location to our residence in the Fall of ’04. Now we're moving the company back to a commercial location.
Brevard County Property Management Services Steve Neville
Experience-Based Business Plan
Property Management is a continuing business relationship quite different from a sales encounter. Manager, Tenant, and Owner have an ongoing relationship that works best with full disclosures, direct and complete information, and immediate responses to all problems.
The process begins with a clear understanding of the market between Owner and Manager; positioning the property (marketing plan) to best suit the Owners' objectives, and fully exposing that property to potential Tenants.
MY INVENTORY GROWTH
Can you imagine how you would feel if a property manager had not exercised due care and you suffered serious consequences? For Home rentals in Melbourne, FL please contact us.
Unlike real estate sales, not all business is "good business" in property management.
I had a very gracious couple balk at signing the Rental Agreement and addenda months after they had signed the Reservation Agreement and provided a deposit. It was a tiny oceanfront townhouse and the seemingly gracious couple had withheld from me their intention to have a family reunion of sorts during a period of their occupancy. Fortunately for the owner, the "number of occupants" clause and the "Maintenance" addendum caused the couple to recognize the potentially severe financial repercussions of their secret plan. In this case, the owner's property was protected because of the thorough contracts we use in our management of properties. We manage homes for rent in all areas of Brevard County including Melbourne Florida, Palm Bay, Merritt Island, Cocoa Beach Satellite Beach, Indialantic, and Titusville.
Can Property Management be a Nightmare?
RECOMMENDATIONS
My style of management is generally approved by condo boards and I have benefited from their direct recommendations.
I receive unobligated referrals from real estate professionals; i.e., "use this person to manage your property" as well as from condo owners.
Everything you need to know about Brevard County Property Management and Home Rentals in Melbourne FL plus Sales.
I actually have been asked to, and do, manage property owned by Real Estate Professionals. For more information about Brevard County Property Management, including Melbourne, Florida homes for rent, please contact us.
Following are the DOMAINS we use on the internet:
www.seasonalrentalsandsales.com
www.palmbayrentalsandsales.com
www.2apm.com
www.bestbrevardrentals.com
www.vacationrentalhomesales.com
We can discuss how to reach your goals. We have grown steadily; at one time expending more than $20,000.00 per year just on Florida Today Advertising.
In February of 2003, as a result of Owner/Manager participation, we achieved 100% occupancy of all inventory including seasonal units.
Our seasonal properties have ranged from a high of $4375 and a low of $1500.
In the right situation, we will manage a deficient unfurnished long-term rental where specific projects approved for upgrades are matched to a skilled tenant; i.e., wherein I seek tenants willing and able to make improvements. This technique falls into the future value scenario (vs. a cash-flow scenario) gradually improving property condition, rent-return, and property appreciation.
By carefully and explicitly addressing experience-based pitfalls contractually, a sincere effort is made to avoid misunderstandings and to avoid placing the Owner's property in jeopardy, while allowing appropriate wiggle-room.
My Rental Agreements are lengthy, including as many as 15 addenda, incorporating Inventories and Association Documents, and are thoroughly reviewed with the Tenants and our attorney prior to signing.
Still, a problem could occur and prompt corrective measures need to be taken. I, again, am fortunate to have a system that inherently avoids legal action treating owner and tenant fairly, yet, allowing for escalation to legal action if need be.
SELECTIVE
I value putting the right deal together vs. simply pursuing a commission or a fee.
To achieve the right deal, the Manager, Tenant, and Owner have to be willing to enter into forthright and honest business dealings.
However rare, there are Property/Owner situations that have to be avoided, and in the past, I have actually returned properties from my inventory when the circumstances dictated.
WHAT'S NEW APRIL 2024
Investment Property Home Rental Benefits
1. Steady Rental Income: Renting out your home can provide you with a consistent and steady stream of rental income. This can be especially beneficial in areas with high demand for rental properties, as you can potentially charge higher rent prices.
2. Tax Deductions: As a landlord, you can deduct certain expenses from your taxes, such as property taxes, mortgage interest, and repairs and maintenance costs. These deductions can help reduce your taxable income and increase your overall return on investment.
3. Property Appreciation: Real estate is generally considered a long-term investment, and the value of your property may appreciate over time. By renting out your home, you can earn rental income while also potentially increasing the value of your investment.
4. Asset Diversification: Renting out your home can be a way to diversify your investment portfolio. If you have most of your savings tied up in stocks, bonds, or other traditional investments, owning a rental property can provide you with a tangible and potentially lucrative alternative.
5. Low-Risk Investment: Compared to other types of investments, such as stocks or cryptocurrency, owning a rental property is considered a relatively low-risk investment. Real estate tends to have a stable and predictable return on investment, making it a popular choice among investors.
6. Potential for Passive Income: Depending on your rental property’s location, demand, and rental rates, you may be able to generate enough income to cover your expenses and still have some leftovers as passive income. This can be a great source of financial stability and can allow you to save or invest in your future.
7. Property Management Options: You can choose to manage the property yourself or hire a property management company to handle all aspects of rental including finding tenants, collecting rent, and managing repairs and maintenance. This allows you to choose the level of involvement you want in managing your investment property.
