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Collecting Rent For Your Investment

We make sure you get paid on time, every time

Collecting rent is easy if you have the perfect tenant who pays on time! Luckily, most do. Over 99% of our tenants pay their rent timely. But what if they don’t? Having the knowledge of Florida landlord tenant laws, the right notices to send, and the proper procedures to follow is critical!

Convenient Online Payments

We make paying rent easy for tenants with the online tenant portal that can be accessed 24/7. We encourage tenants to pay online, which means we can pay you out faster.

Rent Payment Policies

Rent is due on the first and late as of the fourth. You receive your rental payment direct deposit into your account by the 10th of the month along with a statement of accounting and copies of any bills paid on your behalf.

If a tenant has not paid during the grace period of the lease, we hand deliver a three day notice to the premises.

If your tenant does stop paying rent, we will assist in the eviction process and re-renting the property quickly. Florida is a very landlord friendly state. The eviction process can be done for less than $500, and typically takes 2 to 3 weeks. With over 900 properties managed, our renters have a delinquency and eviction rate of less than 1%. We very rarely file evictions.

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Owner or Renter?

Welcome to Realty Masters of Florida

Pensacola Property Owner FAQs

Q: Why should I use a professional to manage my Pensacola home?

While the reasons our clients choose professional management vary, here are some of the key reasons people elect professional management over self-management:

  • We understand and apply the correct federal, state, and local laws, keeping you from making serious mistakes you don’t even know you are making.
  • We know the local market, have an extensive network of tenants ready to rent, and have advertising resources available to us at discounted rates. This allows us to effectively market your vacant home to prospective residents to get it filled faster.
  • Our screening tools are superior to the products available to the DIY landlord.
  • We conduct routine property evaluations. Many landlords underestimate the value of gaining access into the property while it’s occupied or properly documenting the property before and after tenants.
  • We handle maintenance and emergency repairs using licensed, insured vendors with proper worker’s compensation coverage.
  • We enforce collection of rents and serve the proper notices upon failure to pay.
  • After you add up the increased rent we can often command, the discounts you'll receive on advertising, and the company rate we get on repairs, you'll often make more money than if you managed the property yourself! As a plus, our fees are tax deductible.
Read More + Additional Owner FAQs
Welcome to Realty Masters of Florida

Propety Manager Resources

Should you manage yourself?

Take our Florida Landlord Tenant Law quiz to test your landlord tenant knowledge.

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In Depth Property Management Processes and Presentation

All of your questions answered in this extensive, 32 page presentation. Whether you're a new landlord or have been one for a long time, please review our processes on Leasing, Screening, Inspecting, Collecting Rent, Handling Maintenance, and Enforcing the Lease.

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Investor Blog

Our property managers and Realtor sales agents specialize in working with investor clients. Whether you are looking to purchase your first real estate investment property or already own a dozen, our staff has resources to help you achieve your real estate investment goals. Reach out to our team and let us know how we can provide Pensacola area real estate and Pensacola rental market resources and utilize some of the resources below in the meantime.

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