For Property Owners
These are the questions owners ask us most often before handing over a property. If yours is not here, call 813-434-0290 and ask.
What kinds of property do you manage?
Prospera Property Management is a full-service licensed provider working with single family homes, plexes, apartments and condos across the Greater Tampa Bay area.
What is included in management?
Leasing and re-leasing, rent collection, maintenance, accounting and reporting. In practice that means we advertise and show the unit, take applications and screen applicants, execute the lease and hold the security deposit, collect the rent and chase anything late, coordinate interior and exterior repairs, get bids and issue purchase orders, pay invoices, keep the accounting, and send you a monthly statement.
What do you charge?
The management fee depends on the property: the type, the number of units, and how much work it needs. We quote per property rather than publishing one rate that would be wrong for most owners. Ask us for a quote on yours and we will be specific.
How and when do I get paid?
Rent is collected from your tenants, approved invoices for the month are paid out, and the balance goes to you with a statement showing every entry. The statement includes a ledger detail and an income statement for the month, so you can see what came in, what went out, and why.
Do you ask me before spending money on repairs?
Routine repairs are handled so a small problem does not become a large one. Anything beyond routine, and all capital improvements, are planned with you first. We agree a spending threshold with you when the management agreement is signed, so you know exactly where that line sits for your property.
How do you screen tenants?
Every prospective tenant completes an application, and we follow up with a background check verifying employment, rental history, credit and criminal history. Screening is the cheapest protection a rental property has, so we do not skip it to fill a vacancy faster.
What happens if a tenant stops paying?
We act on delinquent accounts rather than letting them run. Our property managers know Florida and local landlord-tenant law, and if rent is not paid we take the legal steps required to collect it, which can include eviction. You are kept informed throughout, and we keep a detailed record of all communication.
Do you handle the budget and the reserves?
Yes. For owners and associations that want it we build a working budget for the property and a longer-term plan for reserves and capital improvements, so that a roof or a parking lot is a planned expense rather than a surprise.
How do I get started?
Call 813-434-0290 or send us a note with the address and a little about the property. We will tell you what it should rent for, what it would cost to manage, and what we would do first.
