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Landlord’s FAQ

Commonly asked questions…

WHY USE A PROFESSIONAL PROPERTY MANAGER?
The top reasons for using an MREI Property Manager is to protect your investment, protect you from liability and
litigation, ensure your home is maintained, get you top market value and guarantee your potential tenants are screened properly. Besides protecting you… your time is also valuable. If you are an absentee owner, managing a property yourself is not only risky… it’s virtually impossible to do it right!

IS HAVING A PROPERTY
MANAGED EXPENSIVE?
No, not when you look at the cost of damage, liability and vacancy time. One of the most costly mistakes you can make is move in a tenant that has not been fully screened. Another cost is the individuals who you use to do maintenance repairs. Our vendors are very reasonably priced and do a quality job.

SHOULD I MANAGE IT MYSELF?
No, there is too much liability on a landlord if they do not
have prior experience renting homes. It is crucially important to be familiar with TENANT/LANDLORD law within the State which the property resides.

SHOULD I DO THE REPAIRS MYSELF?
No, however, if you insist… you can. MREI will explain to you the HIGH RISK situation you are involving yourself in. Our office will review your situation to determine your options

WILL I BE KEPT INFORMED?
Absolutely yes, our property managers use the latest in technology to communicate with you 24/7. The MREI Property Manager uses tools such as Smartphones to email, text and call you while they are on the go… so you never have to miss a beat!

WHAT IS YOUR EXPERIENCE?
MREI Property Managers are not only REALTORS® but rather trained professionals specializing in property management. MREI has over 30 years of combined Florida Broker experience. Our company is far from new to the property management industry. Our years of experience in real estate management allow us to offer you the highest level of service possible.

ARE ALL PROPERTY
MANAGERS CREATED
EQUALLY?
No… unfortunately! Many REALTORS┬« today have crossed into property management because of sluggish sales. The inexperienced manager tends to violate many laws inadvertently. It’s your liability at risk… choose wisely.