Rental Management in Kissimmee Florida

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Rental Management in Kissimmee Florida

Nicholas Di Giugno
Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes

Looking to buy a rental in Kissimmee Florida, however, I am based in NY. I hear the market is well and growing there. Anybody know of a good rental management company to go with in the area?

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Kelly Iannone
Rental Property Investor · Orlando, FL · Member since 2018 · 301 posts · 354 votes
5y

@Nicholas Di Giugno I’ve use Hampton & Hampton for one of our Orlando area properties for a couple years and am pleased with their services and response time. They found a high quality tenant who pays on time each month and renewed them with a minimal rent increase. Reach out to ——> @Kim Meredith Hampton

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  • Valentina Naumenko
    Property Manager · Orlando Kissimmee, Daytona Beach & Cocoa Beach · Member since 2016 · 331 posts · 166 votes
    5y

    HI. Are your going to rent your property short term or long term? I recommend to start with this question. There is more than 700 property management companies in Kissimmee :) 

    1Reply
  • Michael Peach
    Real Estate Broker · Kissimmee, FL · Member since 2016 · 35 posts · 25 votes
    5y

    @Nicholas Di Giugno What do you want the MC to do? Everything? Just look after the house while you get bookings? Something in between. I know several but you need to define what you expect from them before going ahead really.

    0Reply
  • Jeff T.
    Rental Property Investor · Culver City, CA · Member since 2014 · 222 posts · 79 votes
    5y

    @Nicholas

    Try State Property Management. David Weber.

    They are solid and honest.

    1Reply
  • Nicholas Di Giugno
    OP
    Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes
    5y

    @Valentina Naumenko hey Valentina! Looking for long term and a company that will handle everything.

    1Reply
  • Nicholas Di Giugno
    OP
    Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes
    5y

    @Michael Peach hey Michael! Makes sense. Looking for a long term rental and a company that will handle everything from tenant screening, maintenance, etc.

    0Reply
  • Nicholas Di Giugno
    OP
    Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes
    5y

    @Jeff T. Thanks Jeff! Will look into it. In general, how’s the Kissimmee area in your opinion? Room for growth?

    1Reply
  • Michael Peach
    Real Estate Broker · Kissimmee, FL · Member since 2016 · 35 posts · 25 votes
    5y

    @Nicholas Di Giugno I would recommend someone really good but I can do all of that. 😂 Check me out on FB or Insta @michaelpeachpa and if you think we could work together let me know.

    1Reply
  • Jeff T.
    Rental Property Investor · Culver City, CA · Member since 2014 · 222 posts · 79 votes
    5y

    @Nicholas well, Florida in general is still growing and the Orlando area is too. So if you can find something that makes sense for cash flow you should be ok.

    Make sure you take into account the full property tax amount based on the percentage from the county tax assessor and the purchase price.

    Also insurance is tough and expensive, especially for wood frame (vs concrete block) and for older homes.

    Good luck

    0Reply
  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    5y

    In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

    It's often a case of not doing enough research, as they don't know what they don't know!

    Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.

    So, the first question they usually ask a PMC is about fees - instead of asking about services.

    This also leads them to ASSUME simpler is better when it comes to management contracts.

    The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.

    We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord. Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

    We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:

    https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

    We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each don’t cover.

    EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

    P.S. If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general. Take ownership of your mistake and learn to do the proper due diligence recommended above😊

    [email protected]248-209-6824
    Logical Property Management4.9459 Reviews
    WebsiteView Page
    1Reply
  • Kelly Iannone
    Rental Property Investor · Orlando, FL · Member since 2018 · 301 posts · 354 votes
    5y

    @Nicholas Di Giugno I’ve use Hampton & Hampton for one of our Orlando area properties for a couple years and am pleased with their services and response time. They found a high quality tenant who pays on time each month and renewed them with a minimal rent increase. Reach out to ——> @Kim Meredith Hampton

    2Reply
  • Rick Trivedi
    Real Estate Broker · San Jose, Dublin CA and Florida · Member since 2017 · 165 posts · 48 votes
    5y

    @Nicholas Di Giugno Have just started using one for our investors in FL. DM and can share the information.

    0Reply
  • Nicholas Di Giugno
    OP
    Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes
    5y

    @Jeff T. Really appreciate the info and heads up, Jeff. Thanks a lot!

    0Reply
  • Nicholas Di Giugno
    OP
    Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes
    5y

    @Drew Sygit awesome info here, Drew! Thanks so much for your time and input!

    0Reply
  • Nicholas Di Giugno
    OP
    Buffalo NY (buffalo, ny) · Member since 2021 · 23 posts · 21 votes
    5y

    @Kelly I. Sweet, thanks for the reference, Kelly!

    0Reply
  • Valentina Naumenko
    Property Manager · Orlando Kissimmee, Daytona Beach & Cocoa Beach · Member since 2016 · 331 posts · 166 votes
    5y
    Thanks, Nicholas. Set some time to interview Mila Realty PM. 


    Originally posted by @Nicholas Di Giugno:

    @Valentina Naumenko hey Valentina! Looking for long term and a company that will handle everything.

    0Reply
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