(407) 649-4205

Personal, Professional Property Management in Lake Mary and the Central Florida area.
Serving the Orange, West Volusia, Volusia, Lake and Seminole Counties

Victoria Equities Realty & Management Co.

The highest standard in Lake Mary Property Management


For 26 years, Victoria Equities Realty & Management Co. has been leasing and managing investor portfolios and residential properties in Orange, Seminole and Volusia counties. We are experts in the local market, and we put our knowledge, skills and talents to work for you, your rental homes and your property management needs.

Whether you’re a local in Lake Mary or a Central Florida property owner, an out of state investor who will one day retire in the home you’re renting out or an international investor who sees opportunities for growth in the central Florida market, we can protect your property and maximize your returns.

Why Work with Us?

  • Experienced, hands-on managers who also know leasing, developing, investing and rehabbing real estate.
  • You’ll get accountability and transparency. From online statements to immediate communication, we are accessible to you, your tenants and our vendors and partners.
  • We are small enough to provide outstanding customer service and large enough to provide the tools and resources you need to be a successful landlord and investor.
  • Problem solving is our specialty. Whether it’s reducing vacancy, screening tenants, marketing strategically or complying with security deposit laws – we’ve got it covered.
  • Competitive costs. We believe in making excellent property management affordable. We’ll explain all our fees up front, so there are no surprises.

Our Services

Free Rental Analysis

Get a free detailed rental information on your investment rental property.

Lake Mary Property Management Blog


Best Way to Collect Rent On Time – Property Management Orlando, FL

Bobbie Witt - Thursday, May 05, 2016

Collecting rent on time from your tenants is a necessary part of owning rental property, and it ensures consistent cash flow for landlords. Today, we’re sharing a few tips for avoiding late rent payments.

 

Include Rent Collection in Your Lease

 

The first thing you want to do is to make sure you have a lease that is clear and concise as it pertains to rental amount, the date that rent is due, how it’s to be paid and what the late fees are. Discuss this with your tenant at the time of lease signing. Point out the extra costs associated with paying rent late so they can understand how seriously you take on time rent payments. We use attorney prepared leases that are good at addressing this issue.

 

Communicate with Your Tenants about Rent

 

As the due date approaches, give the tenant a friendly phone call reminding them to pay rent. This promotes ongoing communication with your tenants, and you’ll have the opportunity to address any problems that you aren’t aware of.

 

Implement Automatic Late Notices

 

Set up automatic late notices that are emailed to your tenants as soon as rent is late. Let the tenants know that the late fees are now being charged to their account. We use a software system that has this function built in and it works very well. Our late fees start on the fifth of the month, and we have a daily late fee after that. By using a grace period, we build good relationships with our tenants and we pride ourselves on those relationships.

 

Provide Online Rent Payment Options

 

The best and easiest way to get paid is to provide online payments. This is convenient for tenants, because they can set it up and rent automatically comes out of their account. It’s convenient to you too, because there are no deposit slips or trips to the bank. Our software posts all payments to the ledger for us, which is also very helpful.

 

If you have any questions about our property management services and how we can help you collect rent on time from your tenants, please contact us at Victoria Equities Realty & Management.

How to Deal with Tenant Property Damage – Landlord Tips for Orlando Property Management

Bobbie Witt - Thursday, April 07, 2016

Landlords often fear the risk of damage to their rental properties, so we’re sharing some information on how to prevent property damage by tenants. The best way to protect your property is by regularly checking it out for signs of damage or other problems.

 

Property Condition Reviews

 

Inspections are now referred to as property condition reviews. These reviews are crucial when you need to prove that your tenant has caused damage to the property. Make sure they are well documented and in the tenant file. Once your applicant has been approved and a move in date has been scheduled, you need to start the review process.

 

Four Reviews Per Year

 

We recommend you do four property condition reviews throughout the year. The one at move in is the most important one and the basis for the tenancy. Document the property with pictures and videos. Make note of the serial numbers of your appliances as well. The second one should be three to four months after move in. Pay the tenants a visit, and make sure they are changing the air conditioning filters. It’s also a good time to look for unreported leaks and check to ensure your appliances are in place and haven’t been switched out. The third property review should be before you offer a renewal option. Go back in and make sure you want to renew the tenant’s lease. If you do, offer the renewal. If not, you’ll have an idea of what it’s going to take to get a new tenant in the property. The last review is at move out. This will also be documented with pictures and video. Hold the move out pictures side by side to the move in pictures so you can decide what is wear and tear and what is damage.

 

Tenant Communication

 

Communicate with your tenants about repairs. Let them know they can call you and you will respond. Use vendors that are licensed and insured, and get proof of this. Make sure your vendors respect you and your tenant by showing up on time and doing a good job. Send your tenant a thank you note to let them know you appreciate their care for the property. Finally, your lease should document who is responsible for what repairs.

 

If you need assistance with property management, please contact us at Victoria Equities Realty & Management

Contact Us

255 Primera Boulevard
Suite 160
Lake Mary, Fl 32746

Phone: (407) 649-4205
Fax: (407) 386-3132
Emergencies: (855) 559-5525

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