Bend, OR · Member since 2013 · 29 posts · 13 votes
Does anybody have any experience with or heard about Mid Florida Property Management of Charlotte County? I'm about to sign management contracts with them, have only spoken over the phone and have detected some red flags (agent didn't know what they charge for monthly pool maintenance even thought they have 100+ properties, they claim 100% occupancy (is that even possible?), phone appointments weren't kept, agent sounded annoyed). The owner on the other hand seems very customer service oriented. Anything you know helps.
I used some of the PM interview questions from Bigger Pockets. Thanks a lot for that, it definitely helped to get a first impression (which was good). Too bad the second impression made me doubt...
I found out that their LLC was started only a year ago. Would it be better to go with a company that has been around for a while? I used to think that with property management it's more important who your agent is than who the company is. Any thoughts on that?
And last: how useful is it to ask for references? Of course they're not going to give me a 'random sample'...
@Raymond B., Thanks a lot for the bump! I guess the question was maybe a bit too specific...
In the meantime I talked to one of their references and decided to give them a try. So maybe in a little while I can share my experience, in case someone will search the forum with the same question at some point in the future.
An update on my experience with Mid Florida Property Management:
I've had my 6 properties in Port Charlotte managed by them for the last 8 months and it has been a great experience! I would highly recommend them to anybody looking for a property management company in that area.
- Communication has been excellent, they keep me really well updated on everything going on with each property; most of the time with detailed emails or (for some of the more urgent matters) by phone.
- Issues with tenants or properties get addressed very quickly and efficiently and they either keep me well informed or involve me in the decision process, which I really appreciate.
- The management fee they charge is very reasonable, actually the best I've heard of so far.
- They usually get different bids for projects that need to be done, so I always feel that I'm getting a good price for carpet/ handyman/ repairs.
- Their staff has a lot of experience that I can benefit and learn from.
- They've brought rents up to current market value, which has made quite a difference for my cash flow.
My properties had quite a few issues that were overdue (from previous management) and they've definitely had their hands full with my 'portfolio'. But they've done a wonderful job getting all of my homes in good shape with very promising tenants in them. As an out of state investor, all of this is very important and a great relief.
I'm very glad I chose them and I'd be happy to give more information to anyone interested.
I hired them in Jan. and was disappointed with communication and follow up. Come to find out. Aside from the broker Noone else in the office had a real estate license. Which is required to manage properties in FL. I have since terminated my contract with them and signed with bill russell at era management. So far it has beenough excellent. I hired them in june. I pay a little higher percentage but renewal fee is only $35 including lease prep where mid Florida was 150.00 plus 45.00 lease prep.