Residential Property Management/Key west condo

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Question
We recently inherited a condo in key west,fla.  We live in ohio.  The condo manager has been less than forthcoming about the numer of rentals per year.  How can we be sure the condo os rented or empty,  should we get an audit done for the past year.  Should we request a occupied callendar.  It rents for about 6K per month.  Thank you.

Answer
--- Hi Tim,

HOLY COW... $6,000 a month rent? That more than warrants a forensic audit, or even chat with another competing property management company about how they would handle your books.., if you should choose to switch companies. Not that you would necessary do that, but it could give you a wealth of free information about how books and accounting are done with another company. Then if you are getting some good vibes/feedback and need to make a move you would also then have a "go to" company to turn to perhaps. You may have to ask questions and get answers from a couple competing PM companies.

I would also advise that you look for a member of NARPM.org ....as their members are held to higher standards. I hope this informaion has helped.

Kind regards,

-Don Leske Sr. / Broker
BCI Properties, LLC
Tacoma, WA

Residential Property Management

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Donald J. Leske II

Expertise

Advocate for Landlord & Tenant Rights. Based in Washington State as a Licensed Real Estate Broker and Property Manager. I am a Landlord but I am not a Lawyer. Ask any question dealing with the rental of residential properties, including; 1. Evictions. 2. Maintenance & repair issues. 3. How to set a fair rental price. 4. When to hire a property manager. 5. Selling and how to determine value. 6. Basic tax questions and Legal issues ok, but most will be referred to a professional in that field.

Experience

I have 30 years experience in Property Management with about 560 clients, plus I own my own Real Estate Brokerage (www.Homesandproperties.com) with expanded experience & training in Short Sales, Foreclosure negotiations and rental property management. I write an informal online Real Estate News Magazine and am a member of NARPM, National Association of Residential Property Managers and have been quoted by News Agencies.

Organizations
NARPM, NWMLS, ABR Certified

Publications
Rated and reviewed Editorials, Advice and short Articles at Trulia, Active Rain and All Experts online.
Trulia.com Advice Contributor
Activerain.com contributor
All Experts contributor

Education/Credentials
ABR Certified, State of Washington Licensed Agent & Broker. Past member of BBB, Chamber of Commerce and Board of Realtors.

Awards and Honors
2003, 2004, 2005, 2006 Presidents Gold Award for high achievement, John L. Scott Realty. - "Shining Star Award" 2006 - 03/04/05/06 All Star of the Year Award for excellence.

Past/Present Clients
See client testimonies at: http://www.bci-properties.com/testimonies.htm

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