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We moved the company from a commercial location to our residence in the Fall of ’04.
Regards
Steve
Stephen J. Neville, Lic. RE Broker, dba,
Aamerican Property Management
144 Ocean Terrace
Indialantic, FL 32903-3417 USA
CELL: 321-693-8026 PH/FAX: 321-724-5380
Email: nevillesj@earthlink.net
Non Emergency Hours 8:00AM - 5:00PM
TransUnion/Landlord2Landlord Enabled
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.
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MY INVENTORY GROWTH
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Can you imagine how you would feel if a property manager had not exercised due care and you suffered serious consequences?
Unlike sales, not all business is "good business".
I had a very gracious couple balk at signing the Rental Agreement and addendums months after they had signed the Reservation Agreement and provided a deposit. It was a tiny oceanfront townhouse and the gracious couple had withheld their intention to have a family reunion of sorts during a period of their occupancy. Fortunately the "number of occupants" clause and the "Maintenance" addendum caused the couple to recognize potential severe financial repercussions. In this case the owner's property was protected because of the thorough contracts.
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" and well as condo owners.
I actually have been asked to and do manage property owned by Real Estate Professionals.
Unlike sales, not all business is "good business".
I had a very gracious couple balk at signing the Rental Agreement and addendums months after they had signed the Reservation Agreement and provided a deposit. It was a tiny oceanfront townhouse and the gracious couple had withheld their intention to have a family reunion of sorts during a period of their occupancy. Fortunately the "number of occupants" clause and the "Maintenance" addendum caused the couple to recognize potential severe financial repercussions. In this case the owner's property was protected because of the thorough contracts.
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" and well as condo owners.
I actually have been asked to and do manage property owned by Real Estate Professionals.
Stephen J. Neville, Lic. RE Broker, dba,
Aamerican Property Management
144 Ocean Terrace
Indialantic, FL 32903-3417 USA
CELL: 321-693-8026 PH/FAX: 321-724-5380
Email: nevillesj@earthlink.net
Non Emergency Hours 8:00AM - 5:00PM
TransUnion/Landlord2Landlord Enabled
Following are the "DOMAINS we use for the internet:
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We can discuss your goals.
February of 2003, as a result of Owner/Manager participation, 100% occupancy of all inventory including seasonal units.
We have grown steadily and, today, expend more than $20,000.00 per year just on Florida Today Advertising.
Our seasonal properties have ranged from a high of $4375 and low of $1500.
We will manage a deficient unfurnished long-term rentals when projects are approved for upgrades; i.e., wherein I seek tenants willing and able to make improvements. This technique falls into the future value scenario (vs.cash-flow) gradually improving condition, rent return and appreciation.
IS PROPERTY MANAGEMENT A NIGHTMARE?
By carefully and explicitly addressing experienced based pitfalls contractually, a sincere effort is made to avoid misunderstandings, allow excessive wiggle room, and/or place the Owner's property in jeopardy.
My Rental Agreements are lengthy, include as many as 15 addendum's, incorporate 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, can escalate to a legal action if need be.
SELECTIVE
I value putting the right deal together vs. simply pursuing a commission or fee.
The Manager, Tenant and Owner have to be willing to enter into forthright and honest business dealings.
There are Property/Owner situations, however rare, that have to be avoided and in the past I have actually returned properties when circumstances dictated.
We will manage a deficient unfurnished long-term rentals when projects are approved for upgrades; i.e., wherein I seek tenants willing and able to make improvements. This technique falls into the future value scenario (vs.cash-flow) gradually improving condition, rent return and appreciation.
IS PROPERTY MANAGEMENT A NIGHTMARE?
By carefully and explicitly addressing experienced based pitfalls contractually, a sincere effort is made to avoid misunderstandings, allow excessive wiggle room, and/or place the Owner's property in jeopardy.
My Rental Agreements are lengthy, include as many as 15 addendum's, incorporate 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, can escalate to a legal action if need be.
SELECTIVE
I value putting the right deal together vs. simply pursuing a commission or fee.
The Manager, Tenant and Owner have to be willing to enter into forthright and honest business dealings.
There are Property/Owner situations, however rare, that have to be avoided and in the past I have actually returned properties when circumstances dictated.
