Property Rental Frequently Asked Questions In New Port Richey, FL
How long has your company been in business, and are you licensed, bonded, or insured?
House Huntin Realty LLC is a fully licensed Real Estate company. We have been in business since August of 2006. The current management has been in the property management field of Real Estate since opening.
Is Your Company, or Its’ Principals, Members Of Any Professional Real Estate Or Trade Associations?
We are members of the:
*West Pasco Board of REALTORS®
*The National Association of REALTORS®
*FARPM, Inc. (Florida Association of Residential Property Managers)
We also completed the Property Management Academy course, earning the designation of PRM™ (Professional Residential Manager).
How Long Does It Take To Rent My Property?
The time to lease a property depends on many factors, including lease rate, location, time of year, and market availability. We typically have a list of people looking for rental properties and try to get them into rentals first.
When Can I Expect To Receive The Monthly Rental Statement?
We process all of our statements on the 10th of the month. We write the checks, deposit direct-deposits, and stuff envelopes for mailing no later than the morning of the next day. The rest is up to the United States Postal Service.
How Often Are Property Inspections Conducted?
We do a minimum of three property inspections per lease term. We complete the first inspection with the tenant upon move-in, the second halfway through the lease term, and the third is upon move out or lease renewal.
How Are Late Fees Handled?
Collected late fees are split 50/50 with the owners.
Who Pays For Maintenance?
Unless a tenant causes the damage, the owner pays for maintenance. Tenants are more likely to report repair problems when they know the owner will cover the costs. Taking care of maintenance issues promptly saves the owner money in the long run.
Do You Mark-Up Maintenance Fees?
No. However, if we advance funds or shop for materials for repairs, there will be a 10% surcharge added to that invoice. Reimbursement would be due immediately to avoid additional finance charges.
Do You Give Discounts For Owners With Multiple Rental Properties?
We are willing to negotiate different fee schedules based on multiple properties. Please call for details.
Who Pays For Advertising My Property?
All institutional advertising, signage, generic ads, postings on the Internet, and MLS service are paid by the management company and included in our administrative fee. Owners may advertise their property in other venues at their own expense. However, ads must include our company name and phone number as required by Florida law.
How Do You Qualify Prospective Tenants?
We run a civil background check to verify the applicant has no prior evictions or "skip reports." We also complete a criminal and sexual offender background check and a financial (credit) background check on all adult tenant applicants. We will verify the tenant’s employment or source of income and check references with their previous landlord.
What If I Find A Tenant?
That tenant must fill out our rental application and pass our verifications and background checks to qualify for tenancy.
Who Determines The Amount Of The Monthly Rental?
Before determining a property's lease price, we speak with the owner to see what their price expectations are. We also review the property's condition, run a comparative analysis to see what the market will bear, and discuss the findings together. It’s not cost-effective for the owner or the property manager to over-state the lease price as a vacant property does not generate revenue for the owner or House Huntin Realty.
How Are Rental Collections Handled?
All rents are due on the 1st of the month. They are considered late if not received by the end of business on the 5th. The tenant will incur late fees as of midnight of the 5th. Rent must be received by the 6th. A 3-day notice to deliver rent or possession is posted between the 6th and the 9th, depending on where the weekend falls. If the 3-day notice deadline does not result in funds received, we notify the owner that we’re starting the eviction process.
How Are Maintenance Problems Handled?
We have agreements with local contractors for plumbing, electrical, A/C, and roofing issues. We contract all other repair work to licensed repair technicians. Tenants call us when there is a maintenance issue, and we assign the job to the proper people. For significant, non-emergency repairs, we will supply the owner with two quotes for their approval.
Who Handles Insurance Claims?
The property owner handles insurance claims. However, we’re happy to make ourselves available to adjusters who need access to the property.
Is Property Management House Huntin Realty’s Only Business?
Property management is our primary function. Because we are a fully licensed Realty company, we can also work with investors to locate, buy, sell, or lease properties.
5509 Grand Blvd, #303 New Port Richey, FL 34652-3836, USA
Pasco County & Northern Pinellas County