Plant City Property Management Company
Plant City is a wonderful place to live, which also makes it a great place to own a rental property. Located just far enough away from Tampa to offer a more rural setting, Plant City is still close enough to easily get to the city for work or play. With affordable housing and a demand for rental properties, Plant City can be a smart place to buy a rental home.
If you do own (or plan to buy) rental properties in Plant City, having a professional property manager can be crucial to the financial success of your investment. Our Plant City property managers are skilled at marketing, screening tenants, handling rent, responding to tenant complaints and maintenance requests, and more. When you hire Eaton Realty, you will get full-service property management for a minimal monthly fee.
Eaton Realty offers comprehensive property management services for landlords in Plant City and throughout Hillsborough County, Florida. We have both monthly management and DIY assist property management options to help you make the most out of your rental properties. Reach out to talk to a member of our team about our property management services in Plant City, Florida.
Why Plant City Is a Great Place to Own Investment Properties
Just 23 miles west of Tampa, Plant City is far enough away from the city to provide a more rural atmosphere while still being close enough to enjoy all of Tampa’s many charms. Major highways run through Plant City, including Interstate 4, U.S. Route 92, and Florida State Road 39. This makes it easy to access surrounding towns like Brandon and Lakeland, as well as other cities in West Central Florida.
Plant City is a small city of approximately 40,000 residents, known for its family-friendly atmosphere. Part of the Hillsborough County School District, it has great schools and houses with large yards for outdoor play.
Plant City also has lots of parks and places to enjoy the great outdoors. It has long been known for agriculture and is still considered the Winter Strawberry Capital of the World. The Florida Strawberry Festival is held in Plant City each year in late February/early March.
For investors, Plant City offers a great opportunity. It has a range of houses, townhouses, and condos available at all price points, from $150,000 to $400,000+. The median sale price for single-family homes in Plant City is $347,000. For townhouses, the median sale price is $289,360. Condos have a median sale price of $163,000.
Given these prices, it is possible to buy a rental property in Plant City for a relatively low investment. With rent prices ranging from $900 to $3,500+ per month, Plant City has a diverse rental market. On average, rent for a home in Plant City is $1,978 per month. These affordable rent prices mean that Plant City is an attractive market to many potential renters.
Plant City is also a great option because it has a lower cost of living than Tampa and many other communities in Hillsborough County. As the Tampa region continues to grow, investing in Plant City may prove to be wise. Florida as a whole is a popular place for people to relocate due to its favorable taxes and great weather. Tampa itself is expanding because of its strong job market. This will lead to the continued growth of outer suburbs like Plant City as the need for housing increases. Buying in Plant City now before it becomes a hot location for developers may prove to be an incredibly smart investment.
Full Service Plant City Property Management
Whether you already own property in Plant City or are looking to buy, Eaton Realty can help you manage your rental properties. We offer full-service property management services designed to minimize vacancies and maximize profits.
The way that it works is simple. We offer two main options: monthly management services and DIY Assist (for people who want to manage their properties themselves, with some help on marketing and leasing).
All of our property management packages include the following services:
- A Competitive Market Analysis
- Professional HDR Photography of Your Property
- An Immersive 3D Virtual Tour
- A Featured Listing on EatonRealty.com
- Entry on the Multiple Listing Service (MLS)
- A Premium Listing on Zillow, Trulia, Hotpads, and other rental listing websites
- Marketing directly to Eaton Realty's Tenant Prospect Database
- A post and Yard Sign
- Lockbox for showings
- Tenant Screening, including Credit Check, Rental History, Employment Verification, and more
- Pet Screening
- A Lease Drafted by a Licensed Florida Attorney
For monthly management services, we also offer the following services:
- Monthly Rent Collection & Disbursement
- Owner's Portfolio Portal
- Detailed Monthly Accounting and Owner Statements
- HOA Lease Approval Paperwork Submission
- Service Coordination & Invoice Payment (including, but not limited to, yard service, pool service, and repairs)
- Property Inspections including Move In, Mid-Lease, End of Lease or Renewal, and Move Out
- Tenant Check-In Home Orientation
- Home Make-Ready Management Between Tenants
- Year-End Tax Statements
- Preparation and Handling of 1099s to Vendors and IRS
- No Monthly Vacancy Fees
- Dedicated Property Manager
- $1,000.00 in Damage Protection (conditions apply)
- Eviction Coordination (additional fee)
- Property Renovation Project Management (additional fee)
For monthly management services, we have 3 payment options: Confidence 8, Confidence 9, and Confidence 10. Each of these plans includes the same services. The difference is simply in how you pay your fees:
- Confidence 8: 8% of monthly rent, plus 100% tenant placement and 35% tenant renewal
- Confidence 9: 9% of monthly rent, plus 85% tenant placement and 25% tenant renewal
- Confidence 10: 10% of monthly rent, plus 70% tenant placement and 15% tenant renewal
With Eaton Realty, your Plant City investment properties will be professionally managed, giving you peace of mind. You won’t have to worry about the day-to-day stress of running a portfolio of rental properties, such as tracking rent payments, marketing and showing your units, or dealing with repairs or problem tenants. Instead, you can sit back and watch your equity grow while we handle the details.
Benefits of Hiring a Property Manager for Your Plant City Properties
Unless you live in Plant City - and have a fair amount of free time - then you probably aren’t too interested in managing your rental properties yourself. Managing investment properties is a significant time investment. It also generally isn’t the best way to get the maximum return on your investment.
Time Savings
As an initial matter, property managers handle all the tasks that come along with owning rental properties. This includes rent collection, paying bills, managing maintenance and repairs, responding to tenant complaints, and showing properties. All of these things can take a lot of time out of your day, particularly if you want to do them well.
Profit Maximization
Perhaps more importantly, property managers can help you maximize the profits of your rental properties. They use their own professional photographers and videographers to take photos and videos of your property and then list it on their own website as well as the MLS and other rental sites. This helps to put your rental property in the best possible light while simultaneously getting it in front of as many eyes as possible.
Higher-Quality Tenants
Property managers are also skilled at screening tenants to find the best possible fit for your property. Finding great tenants is the key to avoiding problems such as nonpayment of rent or high vacancy rates. A skilled Plant City property manager knows what to look for to choose a tenant who is likely to pay rent on time, not damage the property, and leave it in great shape when they move out.
Better Legal Compliance
When it comes to legal issues, property managers are well-versed in local, Florida, and federal law when it comes to things like housing discrimination and the proper procedure for evictions. This can save you a significant amount of money, as violating the law - or improperly evicting someone - can be incredibly expensive.
People typically choose to become landlords as a way to build their net worth and earn passive income. A property manager can help you achieve that, and their services often pay for themselves just by minimizing vacancies! Whether you’re an experienced landlord or juststarting out, Eaton Realty can help you get the most out of your rental properties.
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Work with a Top Plant City Property Management Company
There are a lot of great reasons to become a landlord. However, managing rental properties can be a headache. A National Association of Residential Property Managers (NARPM)-certified property management company can provide professional property management services to help you maximize the return on your investment.
Based in Lithia, Eaton Realty provides high-quality property management services to landlords throughout Hillsborough County, Florida. We take on every aspect of property management for our clients, from marketing and showing homes to rent collection and financial reports to legal compliance. A great Plant City property manager can make a real difference in the success of an investment property, which is why we are committed to helping our clients through hard work and dedication. To learn more about our Plant City property management services, fill out our online contact form or call our office at 813-672-8022.