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Rent Collection and Remittance

You’re not renting out your home for a hobby. It’s either an investment or you’re holding for a better time to sell. Either way, collection of rent is the goal, and to Renters Paradise Realty goals are mandatory. Our job is to collect rents, account for expenses, and remit the balance to you. State law and other local regulations dictate how this must be accomplished and when funds can be remitted, so check our link here to pertinent legal requirements to which we must adhere.

However, our Miami, Miami Gardens, Hollywood, Miami Beach, Miami Shores, North Bay Village, Bal Harbour, Aventura, North Miami Beach, Sunny Isles Beach, and North Miami rental property owners can count on prompt collection of rents and remittance to them as legally permitted and scheduled in our rental management contract. All documentation and accounting records are maintained to keep our owners informed and on top of their financial investment in their rental home.

How Much Rent Should You Charge?   Our Late Rent & Default Procedures

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Of course, there are market rents for similar properties that will influence the amount of the rent you can charge in a competitive environment, and you can use the convenient Area Rent Comparison Search.

Using the valuable Costs – To – Rent Calculator , you can enter your costs and determine the amount of rent necessary to break even, and the rent you may be able to charge to realize a certain percentage return on investment.

  • Mortgage payment amount.
  • Annual taxes.
  • Repairs and maintenance estimates or historic amount.
  • Allowance for vacancy periods between tenants.
  • Insurance costs.
 

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Again, what we can do on your behalf and on what time schedule may be determined by state and local laws, but rest assured that we’re taking the best action at the earliest time that is allowed. Late rent penalties will be enforced and any late charges assessed and collected. Per our rental property management agreement and appropriate laws, we will take action to evict tenants in default on their lease and retain any deposits allowed by law. Our job is to maximize your return on your rental investment and minimize non–payment costs.

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Featured Properties

MLS® # C2088806

Contact Us
Contact Info
Miami Beach Office

Renters Paradise Realty

6788 Collins avenue
MiamiBeach  Florida 33141

305-865-0200 305-866-0245

Contact Info
North Miami Office

Renters Paradise Realty

14340 Biscayne blvd
North Miami  FL 33181

305-944-2101 786-250-2227 305-944-6850 fax

© 2017 Miami MLS - Miami-Dade County®. All rights reserved.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Apr 29, 2017.

© 2017 Beaches MLS®. All rights reserved.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Apr 29, 2017.

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