JAG Property Management
Orlando, FL 32814
Company Description
We know what it's like to be rental property owners, because we're rental property owners ourselves, not just excellent property managers.
We got started in our business in late 2020 buying rental properties for ourselves that we were going to own and manage. We've been managing our own properties for years and finally decided to get properly licensed and insured to take on owner clients because we know how tough it is to find good management.
Property Management, at its roots, is not a complicated idea. However, where many people and companies fail is in the consistent execution of the expectations set with their owners, residents, vendors, etc. We find tremendous success by being honest and upfront about our expectations whenever we work with someone and exactly what they should expect from us, and then we consistently do what we say we're going to do.
We have a few key policies that govern our company:
- Consistently set and meet expectations; do what you say you're going to do
- Mistakes happen, own up to them and learn from them
- If you don't know the answer, say you don't know, but then go figure it out or find someone to help
- Honesty and integrity above all else
Even though we pride ourselves on how we conduct ourselves and our ability to understand rental property owners, we also do property management the right way
Prospective Resident Qualifications
JAG requires all adults who wish to live in a property under our management to pass our application criteria and sign the lease, with no exceptions. To qualify they have to meet or do the following:
- 620 minimum credit score
- Combined applicant income 3x rental amount
- Thorough background and credit checks
- Criminal search for felonies
- National Terrorist Action List
- FDLE sexual predators search
- Social Security Number verification
- Rental Reference from the previous landlord
Because we set such high and rigid standards for our prospective residents, we have a very low rate of non-payment and evictions across all of our properties.
Leasing and Leasing Signing
We utilize specialized leasing software to get the most out of our listed properties which helps maximize rental rates and decrease days on the market. We provide the ability for residents to do in-person tours of units, and also self-guided tours. On the vast majority of our properties, we also do Matterport Virtual tours on our online listings. The software also blasts our property listings to a few dozen online websites so that whatever website prospective residents choose to use, our listings will be on there. We also use professional photographers to take high-quality photos of the property to make sure we're showcasing it in the best possible way.
Once prospective residents have seen the units for lease, applied for the unit, passed our criteria, and been accepted by us, then we diligently work on creating the lease and getting the resident prepped to move in. Our lease is created by the premier attorney in FL for landlord/tenant law and they constantly update the lease to stay up to date on the constantly changing laws and regulations. All of our leases are annual leases, and we require residents to provide a security deposit equal to at least one month's rent. All of the security deposits we oversee are held in a non-interest-bearing Escrow Account and we follow all the laws in managing these deposits.
Collection and Distribution of rents:
We have the vast majority of residents paying rent online and all of our leases have rent due on the 1st and late as of the 5th of the month. This allows us to send out rent collected every month by the 11th via ACH to our owners.
24/7/365 Maintenance
No one likes maintenance, but it is an inevitability when owning real estate. We take care of all of the maintenance at the property and we are available every single moment of every single day for our residents in case there is an emergency. We also will set an amount with our owners which is a Not To Exceed Amount, where if the cost of something is over that amount we will need to get ownership approval before spending the money to fix something.
Bill Paying
We manage the payment of all bills related to the operations of the property. This may include lawn care, pest control, pool contracts, utility bills, repairs, maintenance, HOA dues, etc. We pay outstanding bills weekly to make sure all of our vendors and anyone else gets paid promptly and they are happy to continue to do business with us. We only work with the highest quality of vendors and contractors, all of whom are licensed and insured as necessary.
Management Fees:
We only do full-service property management, we don't sell real estate for owners, we don't place tenants, and we don't only do a partial job. You hire us to take care of your property because we are highly experienced and we take care of everything. The only thing you need to do is check your bank account every month for the rent payments coming in, and let us know of any problems you have so we can work efficiently to correct them.
Our fee structure is set up so that we only get paid after you get paid. We don't collect any fees from you until your property is leased, someone has moved in, and the rent is paid. This goes for leasing a unit as well as every month after when the residents pay rent.
If you're looking for an experienced and honest company to manage your property in a way you would manage them, then reach out to us today to learn more about how we can help you make the most of your rental property.
Quick Facts
- In business under this name: 6 years
- Company size: 1 to 5 employees (full time)
- We manage the following property types:
- Single Home or Condo ($250 to $500k)
- Single Home or Condo ($500k to $1 Mil.)
- Single Home or Condo (Over $1 Mil.)
- Multi-Family (2-4 units)
- Multi-Family (5-19 units)
- Multi-Family (20-99 units)
- We manage properties in:
