Arrico Realty and Property Management manages property the old fashioned way. You or your property will not get lost in the midst of a large company with dozens of agents. Your investment will get the attention it deserves. Whether you are around the corner or on the other side of the globe, your residential properties in the Tampa, Brandon, Valrico, New Tampa, Temple Terrace, Apollo Beach, Riverview, Lutz, Seffner, Dover, and surrounding Tampa bay areas will be taken care of like it was ours!

Many Property Managers are salaried, stay with a company for a few years, do not own rental property themselves, have no idea what a 1031 exchange is, or how depreciation effects capital gains, let alone, what a Schedule E is, and how it effects Line 17 of the Form 1040. We know – because we’re right smack in the middle of the action with you.

The following are just some of the many things we do for you as your property manager:
                

AGREEMENT - Our Property Management Agreement with you allows us to act on your behalf on most matters concerning your property. This agreement is opened ended but may be cancelled without cause with 30 days written notice. 

MARKETING - We install a sign and a lockbox on your property within 24 hours of signing our management contract. We don’t just put your home on the Multiple Listing Service (MLS) and hope for the best….although this computer data base does reach over 20,000 licensed Realtors who may assist us in renting your home. Your home IS listed in MLS but also on our family of over 40 different websites and search engines within 48 hours (usually the same day). 

SCREENING - All potential tenants are thoroughly screened through Background Info USA, which retrieves credit history and worthiness, criminal background INCLUDING the sexual predator database, national eviction reports, tenant performance reports, public records, small claim judgments, and collection referrals. Previous residence screening includes talking to the previous Landlords and FAX them a questionnaire with 5 basic questions: (1) have they given 30 days notice, (2) was their rent paid on time, (3) was the property maintained in good condition, (4) did you withhold any portion of their security deposit and why (5) would you rent to them again? (See Sample Application & Report)

INSPECTIONS – We inspect, photograph, and/or video your property prior to tenant move in. We also walk the property with the tenant and complete The Inventory and Condition Form. They must sign and return it within 72 hours. This 6 page document is their base-line on the condition of the property.  Failure of the tenant to return this form will be deemed as tenant’s acceptance of the property in clean and good condition without any discrepancies. We also inspect the property periodically to ensure standards are maintained. Upon move-out we reference this documentation during our final walk-thru, if there is a discrepancy that is not on the move-in form, it is the tenant’s responsibility to correct it or we will have it done and deduct the expense from the security deposit (normal wear-and-tear accepted). (See Sample Forms) 

RENT COLLECTION - We collect all rents for our clients and disburse the proceeds in a variety of ways. Including EFT, deposit in local banks and credit unions, and mailing to owner’s personal address. 
 

FUNDS – All tenant rents and security deposits are held in and distributed from our non-interest bearing checking accounts at Bank of America 3467 Lithia Pinecrest Rd Valrico, FL 33594

NOTICES - We do not tolerate the late payment of rent. We are careful to explain this policy to new residents in order to avoid any misunderstandings that might arise later. You can expect that we will make every effort to collect rents timely and when due on the 1st of the month. We will deliver 3 Day  & 7 Day Notices when required at no extra charge!

MAINTENANCE - We take care of all the repairs that are necessary on your property, both small and large, and either send you an invoice or deduct that amount of repairs from the monthly rent. You don’t have to worry about those things, because you’ve hired us to handle them for you.   We have put together a team of maintenance companies over the years that are honest, reliable, and professional.  If those personal traits change, we change companies.