SERVICES YOU NEED
Often above market rates will lead to longer vacancy periods, lost rental income, high risk tenants, and eventually settling with a lease at the prevailing market rate. Pricing below market, while it may move the property quicker, essentially hides your property from qualified prospects seeking a comparable market-priced property. The key to success is taking a balanced approach to pricing rental properties.
At Lindsay Leasing, we use our extensive experience and market-based values to establish an initial asking price. In addition, we are sensitive to feedback and days on market so we can recommend “real-time” property and/or price adjustments. This assures a prompt lease at a fair market rate with a qualified tenant. On average, our listings are leased within 14 days–making us one of Sarasota’s leading rental agencies.
It’s not uncommon to find many rentals being advertised ineffectively. Poor photography, inadequate property descriptions, and minimal internet syndication all affect advertising efficacy.
You can stop worrying about the marketing details when you list your investment rental property with Sarasota’s leading property management company. Lindsay Leasing will shoot quality photography, write eye-catching copy, and produce a 360° panorama tour¹ to professionally market your rental property. Furthermore, we expose your property to our ready-to-rent base of prospective tenants and advertise on popular real estate websites like Zillow, HotPads, Realtor.com, FlipKey, MLS, and many more. We personally manage all inquiries, answer questions, qualify prospects, and perform showings.
ComplyTraq, a FCRA compliance and credentialing firm, has certified Lindsay Leasing to conduct tenant screening in accordance with procedures established by the Fair Credit Reporting Act (FCRA). We qualify every prospective tenant by running credit and background checks, verifying income, and querying prior landlords. We perform these services in house to ensure expediency and reliability. By choosing only qualified, trust-worthy tenants for your property, Lindsay Leasing is proactive in preventing future complications.
While it may be tempting to use a DIY lease, many legal problems can arise where you’ll regret not having an attorney-prepared lease. If an eviction or a dispute needs to be settled in court, having a strong lease protects your interests. Hopefully, that never happens, but if it does, it is our responsibility to make sure you’re protected.
A attorney-prepared lease is the single most important document in protecting your investment and ensuring you have a contract that reflects current laws and regulations. In addition, the full legal resources of the law firm who prepared the lease are available–just in case. This reason, along with many others, is why Lindsay Leasing has never had an eviction or been to court regarding a dispute.
Property damage is not only expensive, but also stressful. Often times a tenant can argue the damage was not their fault…maybe it was preexisting or ordinary wear and tear. Determining who’s responsible and more importantly, who is to pay, isn’t always clear.
This is why Lindsay Leasing always performs a full property inspection before a tenant moves in, at renewal, and at move-out. This process documents the property’s current condition, including any preexisting damage relative to renewal or move-out conditions. Spot inspections during a tenant’s occupancy help identify routine maintenance needs and potential repairs.
First we determine who is responsible for any damages or cleaning deficiencies we uncover during our inspections. We compare before and after photographs/videos and notes signed by the tenant prior to occupancy. We initially ask the tenant to remedy the situation on their own as we prefer to avoid security deposit claims whenever possible. If the tenant declines, we send a certified mail notice of our intention to impose a claim. If the tenant does not dispute the claim the funds are deducted from their deposit.
Security deposit claims are not a regular occurrence, but when necessary it’s good to know you have the funds on deposit and an established procedure for making a claim. Ultimately, our goal is to encourage tenants to take responsibility and correct damages or cleaning deficiencies on their own–it’s faster and less complicated.
Add in a property management company to collect rent and you may end up with additional delays such as withholding disbursements for cleared funds; weekly check runs; waiting for the mail; getting to the bank; and waiting for your deposit to clear. If the check you receive is out of state, you can expect more banking delays.
Lindsay Leasing saves you time and money while also making it convenient for you and the tenant. Each month we will electronically deduct rent from the tenant’s bank account and deposit it into your account within two to four business days. This means your rental income is on time each month without making trips to the bank or being told “the check’s in the mail.”
If you do not have the time or inclination to find vendors, you can leverage our efforts by choosing Lindsay Leasing. We’ve been working with our vendors for years. They are trustworthy, dependable, affordable, insured, and appropriately licensed. Our vendors recognize our goal is to keep good tenants happy so they renew their lease, thereby saving you money on lost rent and commissions.
As an experienced Sarasota property management company, we have the know-how, contacts and processes to effectively handle maintenance requests. Tenants can conveniently request maintenance through our website, email or phone. We try to resolve the issue without a service call. If necessary, we will dispatch one of our reliable vendors to diagnose and correct the problem as soon as possible.
Together we will establish pre-authorized repair limits. We keep you in the loop so there are no surprises. As a convenience to you, we can pay vendor invoices and get reimbursed through rent. By keeping the tenant’s experience in your property positive, they are more likely to take better care of the home, continue making rent payments on-time and renew their lease when the time comes.
As your Sarasota property manager, we provide you with an online portal where you can access all your property-related information, view quarterly statements, review vendor invoices, see photographs and much more. This keeps you up to date on everything pertaining to your property without phone calls, filing cabinets or faxes.
CUSTOMIZED FOR YOU
Services Available as a Package or Individually
Our “Manage Everything” package includes all our services in one affordable monthly payment.
Or you can choose one or more individual services.
PACKAGE
Highlights & Advantages
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Flat rate fee throughout the lease term—providing consistent cash flow
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No upfront month’s rent to find a tenant—expediting cash flow
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Never a fee to find a replacement tenant—eliminating double commissions
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No fees when property is not leased or managed—preserving cash
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Vendor invoices are paid with rent—removing owner deposit funds requirement
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No markups on vendor invoices—saving money on repairs
DETAILS ABOUT OUR SERVICES
WHAT’S INCLUDED?
Property Marketing | Pre-Qualify Prospects | Property Showings | Offer Negotiations | Tenant Screening | Lease Preparation | Funds Collection and Disbursements | Move-In Inspection
WHO’S IT FOR?
Best for owners who need help finding a tenant, but have the time, knowledge and inclination to collect rent, enforce the lease, and handle repair and maintenance requests.
HOW’S IT PAID?
Billed and paid in full after tenant move-in. When purchased with a management option, it’s billed and paid monthly.
WHAT’S INCLUDED?
Rent Collection and Disbursements via eCheck | Manage Tenant Lease Inquiries | Quarterly Statements | Serve Notices per FL Statute | Conclude Tenancy/Renew Lease | Move-Out Inspection | Administer Security Deposit & Claims
WHO’S IT FOR?
Best for owners who need help collecting rent and managing the lease, but are prepared to handle repair requests and schedule maintenance.
HOW’S IT PAID?
Billed and paid monthly.
WHAT’S INCLUDED?
Manage Repair Requests | Coordinate Vendors | Verify Work Performed | Pay Vendor Invoices | Store all Receipts Online | Quarterly Statements | Schedule Routine Maintenance | On-Site Inspections
WHO’S IT FOR?
Best for busy owners with an existing tenant and don’t have the time nor inclination to manage repair requests and schedule maintenance.
HOW’S IT PAID?
Billed and paid monthly. Vendor invoices are deducted from rent.