Property management
Property management: your investment works without taking your time
I have helped many investors find their property and, over time, they entrusted me with its management as well. If you do not live nearby or prefer not to handle day-to-day operations, I take care of the rental, the collection, the maintenance and the reporting, in Weston, Fort Lauderdale, Miami and the rest of South Florida.
Ilkania Baez · Realtor® since 2008 · RE/MAX Hall of Fame · Florida License 3207105 · English · Español
What management includes
- Marketing the property for rent and screening tenants with credit, income and reference checks.
- Lease agreements compliant with Florida law.
- Rent collection, delinquency control and timely deposits to the owner.
- Preventive and corrective maintenance with trusted vendors and budgets you approve.
- Periodic inspections and monthly reports with income, expenses and property condition.
Who it is for
Owners who live outside Florida or abroad, investors with several units, and families who inherited a property and prefer to rent it rather than sell. Also for those thinking about selling who want to rent while the market catches up.
One person accountable, from purchase to rent
The advantage of managing properties I helped buy is that I know their history, their association and their market. The advantage for you is a single point of contact for everything: purchase, rental, maintenance and, when the time comes, sale.
How I screen tenants
Identity, credit history, income, employment, references from previous landlords and background checks, applied with the same criteria to every applicant and in compliance with fair housing laws. A good tenant is worth more than slightly higher rent: they pay on time, take care of the property and stay.
What you receive every month
- Deposit of the rent collected, with a breakdown of deductions.
- Income and expense report with invoices for every job.
- Property condition after periodic inspections.
- Reminders of renewals: lease, insurance, taxes, association.
Maintenance and emergencies
I work with trusted vendors for plumbing, electrical, air conditioning and landscaping, with estimates you approve before each job except emergencies, for which we set an agreed limit. The tenant has one number to call, and you do not get calls at midnight.
When selling beats renting
When net income does not justify the capital tied up, when the property needs major repairs, or when the market offers a price that will not return soon. Because I manage and sell, I tell you with numbers what the best decision is at each moment, with no interest in keeping you renting.
Frequently asked questions
How much does management cost?
It is agreed in writing according to the property and the scope of service. I present a clear proposal before we begin.
Do you manage vacation rentals?
In South Florida, yes, where local regulations allow it. In the Dominican Republic I coordinate management with trusted local operators.
Can I switch managers if I already have one?
Yes. We review your current agreement and plan the transition without interrupting the rent.
What happens if the tenant does not pay?
We act immediately with the notices Florida law requires and, if needed, coordinate the eviction process with an attorney. Rigorous screening reduces the risk; the protocol contains it when it happens.
Do you manage properties I did not buy with you?
Yes. We review the property’s condition, the current lease and the association documents, and plan the transition.
Professional valuation at no cost