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6 Reasons You Need A Property Management

6 Reasons You Need A Property Management Company Leer en español By Jenny Alejandro Being a landlord and self-managing rental properties entails more work than you would anticipate— especially if you are trying to grow your rental property business. Handling tenant and maintenance problems and being physically present at your rental properties is not always probable. Here are benefits of a property manager. These benefits of hiring a property manager are not the only reason to consider investing in a property management company rather than being a landlord. Below are reasons why a property management company might make a better landlord then yourself. Unlike in the Great Recession, once the virus is contained and immunity begins to take over the population. There will…

Coronavirus and the Real Estate Market

Coronavirus and the Real Estate Market Leer en español By Jenny Alejandro The real estate industry is being hit by the coronavirus. And as a consequence of COVID-19 many other industries such as supermarkets, shopping centers, restaurants, airlines, hotels, airports are suspending their workers and / or cutting working hours. Many homeowners are wondering how they will pay their mortgages, and others are wondering if we will experience a new real estate market crash, pointing to a wave of foreclosures. Unlike in the Great Recession, once the virus is contained and immunity begins to take over the population. There will be a return at some point of the accumulated demand of people who were unable during the confinement to go out and…

What to Do With 1099 form?

1099 FORM EXPLAINED By Valentina Naumenko What to Do With that 1099 from Your Property Management Company If you are a property owner and have a property management company taking care of your rental properties, you may have already received your 1099 form. If this is your first time, you may be wondering exactly what to do with it. And, even if you have been doing this a while, receiving your 1099 is an excellent prompt. This is a great chance to see how well your property management company is doing for you. The 1099 is a necessary form for properly filing your taxes. If you have an accountant or tax preparer, just make sure to get the documents to them…

3 Reasons Why Orlando is Great for Retirees

3 Reasons Why Orlando is Great for Retirees By Valentina Naumenko Looking to move to Orlando, Florida for retirement? You’re making a great choice for your quality of life. Famously pleasant weather, endless entertainment possibilities, and a large population of active seniors are just a few of the reasons retirees make their way down to the Sunshine State in their later years. Orlando should be your retirement list if you enjoy the sun, a fun vibe and the chance to live within your means. Your grandkids will love it, too. According to the Florida Census, the state has a large and steadily-growing adult population. Florida as a whole has a population approaching 20 million, and people over 60 make up nearly 23%…

CALL FOR ACTION: KEEP FIGHTING OVERPRICED LISTINGS

Orlando Metro area keeps displaying limited supply, rising home values, ample jobs and income growth. The most importantly, Dean of the school concluded that we less likely will face recession within next three years. The only question remain why we have more and more listing that stay active for more than 30 days? Clearly, that listing is overpriced! But why would knowledgeable, experienced, and result- driven professionals start working with overpriced listings? Best guess stands for the advancement of technological innovation. Everyday, we see how companies like Zillow are changing the way sellers and buyers perceive the market. Let’s briefly talk about Zestimate.  Our vision Vs others When owners ask us for price analysis, either for selling or renting, we base our opinion on the latest…

Launching new Packages for property management services

Orlando Property Management company takes over the rental market with Revolutionary LOW rates At Mila Realty, we have a simple mission: Assist homeowners to become more efficient. Since we are real estate investors like yourself, we know the value of time. Sometimes, we all need time to be with the family, time for travel, time to relax or just that time when one can enjoy own company. Indeed, property management is not an easy task and may steal time. However, paying high management fees and other unreasonable expenses caused by mismanagement may leave no other choice. Often, homeowners continue “managing” their properties just because they believe that hiring a manager eventually will lead their rental business to loosing. Our solution We…

WELL DESERVED AWARD WENT TO MILA REALTY TEAM

2018 AWARD. Recently Mila Realty received an award of the Best Property Managers in Orlando. Market research agency Expertise LLC analyzed 75 businesses to identify top professional, and determined top 20 property managers within Orlando area. Property managers were scored on more than 25 variables across fine categories. Among them were reputation, credibility, experience, availability, and professionalism. Mila Realty office took a leading spot in this competition BE THE BEST. The great results are not surprising. Mila Realty team are dedicated professionals who know what property management is about. The rapid growth of the company displays that more and more homeowners trust their real estate to Mila Realty. For example, in the latest public review, investor mentioned that he moved his…

IMPORTANT PROPERTY MANAGEMENT FEATURES

Important property management features Lately we were asked to discuss the property management features of our services. Rent collection, complete accounting, and lease administration are just few services that we provide, but they certainty require special attention. Rent collection Rent collection cannot be easier. With superb property management technology in use we cut payment processing time up to 70 percent! Our Online property management portal allow tenants to authorize their bank accounts or credit card and then set up a recurring payment schedule. We post rent expense 5 days before it is due. Once the rent is paid, tenants receive a payment confirmation. Owners will see online who and when paid rent and how much was paid. Since we do not for a security deposit,…

Property Management Holiday Mission

Orlando property management Holiday Mission  Orlando property management and happy homeowners For Holidays, we receive many greetings, thanks, and attention from our homeowners and investors. For example, this chocolate tower says: "Thank you for all you have done for us this past year! We really do appreciate all your help in making our rental home a success. Have a wonderful Christmas and Happy New Year." It is a big honor when our property management work is being recognized by our valuable investors. But what enables us to successfully manage properties and satisfy investors expectations? The answer is our tenants! Every property manager takes care of his/her renters in the unique way. We believe that Holiday season is the best time to give thanks. Therefore,…

DAVENPORT PROPERTY MANAGER AND OPEN HOUSE

Davenport property manager and open house  Indeed, any Davenport property manager will agree that renting the property in Great Orlando area becomes more difficult. How to lease the rental property in Davenport and Orlando The main issue is the time. Today it takes longer to find a qualified tenant. Even in the hot areas like Orlando, our average days on market increased from 10 days to 14 days. The cases where our hardworking property managers were able to complete entire process, which is listing the property and sign an executed lease, within 3 days become rarer. It is not to mention the areas with the slower "tenant flow". Among these areas is Davenport. Finding the qualified tenant fast is the goal for both real…

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