Owner FAQs
Answers to your frequently asked questions
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How do you determine the rental rate for my property?
We perform a detailed Market Rental Evaluation comparing your home to similar local listings and recently closed leases to find the “sweet spot” that maximizes income while minimizing vacancy. -
What are the requirements for property managers in Florida?
Under Florida law, anyone performing “real estate activities” for compensation—such as showing properties or negotiating leases—must hold a valid Florida Real Estate License. -
What happens if a tenant doesn’t pay rent?
If rent is late, we immediately serve a 3-Day Notice to Pay or Quit. If the tenant fails to comply, we coordinate with legal counsel to assist owners with the formal eviction process through the county court. Owners pay the lawyer directly while we ensure the process is moving swiftly with the attorney. -
Do you handle repairs directly?
We coordinate all maintenance through our property management system. For non-emergency repairs over a pre-approved amount, we always contact the owner for authorization first. -
Am I required to make my property available to Section 8?
Local laws vary, and Property Management North Florida follows all applicable regulations; owners are not automatically required to accept Section 8 unless local ordinance mandates it, and we can advise on local requirements and your options. -
Are you licensed?
Yes, we are a licensed Northeast Florida property management company committed to industry best practices, regulatory compliance, and transparent management of rental and investment properties. Your assigned Property Manager is a licensed Real Estate Agent in the State of Florida. -
Can I reach you after hours?
Yes, we provide a dedicated emergency contact for urgent issues outside normal business hours; routine inquiries and non-emergencies are handled during standard office hours. -
Can you put the money directly into my account?
Yes, we offer secure direct deposit for owner disbursements to ensure timely, reliable transfer of rental income and to streamline your cash flow. -
Do I get to see the lease or sign it?
You can review the lease prior to signing; we handle lease execution on your behalf unless you prefer to sign directly, and we ensure lease terms reflect local laws and your investment goals. -
Do you sell real estate too?
While our focus is full-service rental and investment property management across Northeast Florida, we can refer or coordinate with licensed real estate sales professionals within our sister company, Iron Valley Real Estate North Florida if you’re interested in buying or selling. -
How and when do I get my checks?
Owner disbursements are issued on a regular schedule, typically after rent collection and expense reconciliation, via direct deposit or check according to the management agreement. Typically we release owner disbursements on the 7th of each month. -
How is rent collection handled?
We use multiple convenient payment options, including online portals, and enforce lease terms consistently to protect income; our approach combines automated collection, timely follow-up, and escalation for delinquencies. -
How long of a lease do you sign?
Standard lease terms are 12 months, but we tailor lease length to market conditions and owner preferences, offering flexible terms when appropriate to maximize occupancy and returns. -
How much security deposit do you charge the tenant?
Security deposit amounts align with local laws and market standards and are determined based on rent level, market practices, and tenant screening outcomes. -
How soon can you start managing my property?
We can begin management as soon as the owner management agreement is signed and the property is prepared for leasing; our onboarding process is designed to move quickly while ensuring thorough setup. -
What type of properties do you manage?
We manage single-family homes, multi-family units, condos, modular homes, mobile homes (no older than 10 years), and select commercial properties across Northeast Florida, delivering consistent, professional management for diverse portfolios. -
What type of reports do I get and how often?
Owners receive regular financial statements, rent rolls, maintenance summaries, and inspection updates; reporting frequency can be customized, with monthly statements as a standard offering. -
Who holds the tenant security deposit?
Security deposits are held in a dedicated non-interest bearing escrow account in accordance with local regulations and our fiduciary responsibilities; we handle accounting and documentation to ensure proper compliance and transparency.

