All Forum Posts by: Carys Griffiths

Thanks for all the responses, I really appreciate you taking the time. I will call a couple of other PM's just to compare but seems pretty standard across the sector.

Hi 

I have a property in Apollo Beach, Florida and want to rent the property for a couple of years. I have made enquiries with a property management company in Tampa and they have sent me details of their charges and a copy of the agreement.

I am only a small investor with 1 property currently and I have a few issues with the rental agreement (I've not committed to this or signed anything) as it seems that the agent (PM) is not responsible for non payment by the tenant, even though they charge for screening the tenant prior to contracting with them. Is this the norm? Is it also usual to be charged 10% of the monthly rental plus an administration & management fee initially and then a balance of $300 for any maintenance or emergency repairs.

There is no indication of when the rent is passed on to the landlord, whether this is monthly, quarterly or annually I'm not sure.

Any advice on your experience with PM's would be much appreciated as well as any recommendations for good PM companies in the Tampa area. Thanks

Thank you Eugene - I am still researching setting up an LLC over there which would allow me to pay into the company and just withdraw money once or twice a year.

I'm a UK resident, but own a house in Apollo Beach Florida, I have a tenant moving in, I've screened and got the contract signed; what's the best way for me to get my money without losing a fortune on the exchange rate?