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Property Management Package
Residential
100$Every monthOne Unit90 day free trial- Property Management
Residential
400$Every monthFourplex90 day free trial- Property Management
Residential
800$Every month8 Units90 day free trial- Property Management
Residential
2,500$Every month25 Units- Property Management
Residential
5,000$Every month50 Units- Property Management
Residential
10,000$Every month100 Units- Property Management
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What happens if I want to cancel service?The contract is month to month so you can cancel anytime with no cancelation fees and no hassle.
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What year was Miami-Dade Property Management established in?2018
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Does MDPM have a license and insurance?Yes, we have a Florida real estate brokers license. We have general and contractual liability insurance. We have fidelity & crime insurance.
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What if I want to defer a small maintenance item? Do I have to get it repaired?This often occurs when investors purchase foreclosures and have a long term plan for rehabilitating the property. The answer is no, if you want to defer maintenance, we do not force you to spend money you don't want to spend.
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What does the monthly management fee include?Generally speaking, the management fee encompasses three divisions of service. The accounting division which keeps books, generates reports, pays bills, and collects rent. The maintenance division which manages the repairs, renovations, and maintenance. The leasing division which leases the vacant units, renews leases annually, and performs annual inspections of the unit's condition.
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Is physical labor for maintenance and repairs included?No, but we manage the needed repairs.
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What areas does MDPM service?We are a national company servicing the United States of America.
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Are there any additional fees or taxes aside from the $100/mo. management fee?The only additional fee is the leasing commission when a vacant unit is rented.
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By what date will I receive the rent?Rent payments are sent directly from the tenant into your bank account. So as soon as the tenant pays it.
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Will I have to pay a listing commission to MDPM for leasing my unit?Yes, MDPM does charge commissions. Your property will get listed on the MLS and a commission in the amount of one month's rent will be charged.
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Is the management of renovations included in the monthly management fee?No, pre-planned out renovations are not included. However, if something breaks and repairs require renovation then it is included.
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Do you handle the eviction process?We manage the process. We post the warning notices. We hire an eviction attorney for the eviction. The legal and court costs are the owner's responsibility to pay. The approximate cost for the attorney to file a residential eviction is $1000 plus court fees which are $260 plus a $115 sheriff fee. For further legal questions you can contact our attorney at www.penskykim.com.
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