Property Management

Let Us Manage Your Rental Property

We specialize in providing property management services for residential, commercial and investment properties. We are a one-stop, single-point of contact for property management, maintenance, remodeling and renovations. Now, you no longer need to contact multiple service providers. With LSI Property Managers one-call- does-it-all. Our team is comprised of the finest pre-screened and fully insured service providers. We personally coordinate, manage and oversee all of your property needs on a daily basis. If you are a home owner or an executive being transferred outside the area or overseas and need a professional to care for your property or rent it out, then LSI Property Management is just the service you’ve been looking for. If you are an investor and have a busy life style and don’t know who to call or trust, we can provide the help that you’ve been looking for.

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The Benefits of using LSI Property Management

  • Emergency response 24 hours a day.
  • Maintenance, repairs and renovations.
  • Cleaning services.
  • Leasing, checking references and credit, and all documentation.
  • Collection of rent, escalation payments and other charges.
  • Budgeting and tracking of performance.
  • Monthly reporting and accounting.
  • Advice on property management and investment issues.
  • Assistance in obtaining and evaluating financing.
  • Listing the home for sale

What we do as your property manager:

  • Fill vacancies
  • Advertise your rental
  • Handle tenant inquiries
  • Application processing
  • Lease signing
  • Collection of rent, escalation payments and other charges.
  • Payment of mortgages and property expenses.
  • Handle Tenant excuses
  • Evictions
  • Maintenance, repairs and renovations.
  • Cleaning services.

LSI Property Management strives to provide the most professional, effective, accurate and efficient property management services available.

We have a company-wide commitment to maximize the long term profitability for our owners while maintaining quality housing for our tenants.

LSI Property Management and our Team of Professional Property Managers provides Full-service Property Management Services and Property Management Leasing Services to Owners of Rental Homes, Rental Houses, Individual Rental Condominiums, Rental Apartments as well as Condominium Homeowner Associations.

LSI Property Management gives each property individualized attention during every phase of our Panama City Beach Property Management.

Today owners require a wide range of Property Management Services depending upon the property and market conditions. LSI Property Management provides comprehensive Property Management programs or selected Property Management services to meet the specific needs of each client.

In order to maximize the pool of available tenants, LSI Property Management maintains membership in the Multiple Listing Association and cooperates with local brokers. This gives us access to over 10,000 real estate professionals locally as well as over 1600 property managers nationwide, which facilitates a tremendous relocation and referral network.

All LSI Property Managers are licensed professionals, with solid experience in residential real estate and leasing transactions.

Our Property Management fees are very reasonable, and we offer special rates for owners of multiple properties.

INITIAL PROPERTY INSPECTION

Once the management package is completed and returned to us, we will schedule to go out to the property and perform the initial inspection. During this time, we will evaluate the condition, appearance and overall readiness for showing to prospective tenants. If necessary, we will make a list of items that need attention as well as an estimate of the cost. It is our goal to have a property ready for move-in upon showing to applicants. This benefits you and the new tenant in the long run. The yard sign will be placed, pictures taken and advertising will begin. Once the property is inspected, we will set up utilities and lawn care for the time it is vacant unless they are already being handled. It is important to keep up the appearance, power and water for potential tenants viewing the property. You will be responsible for these expenses during the vacant period. Gas is not necessary. We will winterize the unit in the winter months by draining the water lines if possible. If attention is needed at the property, funds will have to be provided in advance to cover the costs.

TENANT SCREENING

It is our sincere goal to find the best qualified tenant for any property:

  • During our screening, we verify current rental history and verify the tenant has a no recent judgment, collection or eviction from a previous landlord.
  • The tenant makes an application on-line at our third party property management credit and legal background check. We screen all credit and criminal background history for our clients.
  • We verify current employment of at least 12 months, and we require a gross income of at least 3 times the rent. We have found that these 3 items provide a sound starting point for qualifying a tenant.
DEPOSITS

All tenants are required to pay a security deposit and separate pet deposit if applicable. There are no exceptions to this requirement! All deposits are held in a separate trust account and not released to the owner or tenant until the final walk through inspection is complete.

RENT COLLECTION

Rent is due on the 1st of each month. If prior arrangements have not been made with management, all non-paid rents will be addressed on the 2nd. We use phone calls, emails, property visits and letters to contact the tenants. If contact cannot be made, then the Eviction process will begin around the 5th. Owner statements are e-mailed on the 15th with rent proceeds received or explanations. We make every effort to collect rent and reduce turnover by working with tenants when necessary. We have an obligation to collect rent on time and prevent vacancies.

LEGAL ACTION

It is our goal to attempt to avoid the process of eviction if possible. If the need arises, we will file warrants, appear in court and handle the eviction process from start to finish. Since these are additional expenses to the owner, we make every effort to avoid an eviction. We give every opportunity within reason for the tenant to clear up any unpaid balances.

MAINTENANCE PROCESS

LSI Property Management provides full-service reliable maintenance when the need arises. Every effort to reduce cost and provide reliable service is made. There is a 24 hour maintenance line on the phone system for emergencies. All maintenance is coordinated through LSI Property Management Division and not an outside party. We manage the process and the prices by getting bids and only using vendors who are licensed and insured. We are experienced in working with contracts and work diligently to get the best price and quality for the work done,. Established relationships with vendors have enabled us to have great success in maintaining a property at reasonable prices. Maintenance is an integral part of the relationship among tenants, owners and management.

SALE OF PROPERTY

As with any property, there may come a time for you to consider selling. As a full service real estate brokerage, we can list, market, and sell your property as well. The relationship we have with our tenants may make the transition smoother for all parties involved.

MARKETING & ADVERTISING

We are a member of the Multiple Listing Service which covers all our areas of service. We list your property in the MLS to make it available to all of the licensed real estate members. Your property will also be listed at the top real estate websites through our affiliation with ListHub.net; including YahooRealEstate.com, AOLRealEstate.com, Homes.com, HGTV.FrontDoor.com, Hotpads.com, Homefinder.com, and Realtor.com just to name a few.

SUMMARY

LSI Property Management is part of a national network of real estate offices offering full service property management and real estate brokerage services. It is our goal to provide quality service to both our tenants and owners. We treat your property as if it was our own and manage it in the most efficient way possible in order to make a profit, which is, after all, our main objective. We can handle your property efficiently through every step of the rental and management process. We would love the opportunity to manage your current or future investment. Please give us a call to discuss further.