Owner FAQs

We offer three professional service packages tailored to meet your property management needs, all with upfront, honest pricing and no surprises.

1. Economy Package Perfect for hands-on property owners, this package costs $69 + 4.9% of monthly rent and includes:
   • Tenant placement (leasing fee: 1 month's rent).
   • Lease renewal fee: $200.
   • Annual market rent analysis.
   • Property marketing, tenant screening, and move-in coordination.
   • Rent collection, maintenance coordination, monthly reporting, and 24/7 emergency response.
   • Optional services:
     • Eviction coordination: $199 (one-time fee).
     • Property inspections: $150 per inspection.
2. Full-Service Package For owners seeking more support, this package costs $69 + 6.9% of monthly rent and includes:
   • All Economy Package benefits plus:
     • Access to RPM Investor Community and monthly webinars.
     • Lower lease renewal fee: $100.
     • Reduced leasing fee: 75% of 1 month's rent.
     • Eviction coordination: $99 (one-time fee).
     • Annual comprehensive inspections at no additional cost.
3. Premium Package The ultimate hands-off option, this package costs $69 + 8.9% of monthly rent and includes:
   • All Full-Service Package benefits plus:
     • Biannual inspections.
     • Bill payment services.
     • 6-month tenant guarantee.
     • One-on-one consulting or portfolio review.
     • Reduced leasing fee: 50% of 1 month's rent.
     • Lease renewal and eviction coordination at no extra cost.

Choose the package that fits your needs, and let us handle the rest while you enjoy worry-free property ownership.

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We stay up-to-date with local laws and regulations through continuous education and collaboration with legal experts. Our team ensures that all aspects of property management, from leasing agreements to maintenance practices, comply with current legal standards. This proactive approach minimizes legal risks and protects your investment.

Our rental criteria are transparent and applied equally to everyone. We have one of the most thorough screening processes in the industry, which includes:

• Credit, Background, and Eviction Checks
• Verification of Employment and Income
• References and Rental History Review

We ensure tenants have no prior evictions, providing strong protection for property owners.

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We conduct a thorough screening process for potential tenants, which includes credit checks, background checks, employment verification, and rental history. Our goal is to find reliable tenants who will pay rent on time and take care of the property. By utilizing these comprehensive checks, we ensure a high standard of tenant selection to protect your investment. We find that a more thorough screening process minimizes the likelihood of an eviction. We would rather your property sit vacant a little longer to find that perfect candidate, than to settle and regret it later.

With our Coaching & Consulting Services, clients on the Full Service plan receive group coaching twice per month and a monthly webinar. Premium members enjoy 1 on 1 consulting from our expert real estate investors, who have over 15 years of experience in residential and commercial properties. Both Full Service and Premium members gain access to our private online community, where they can benefit from additional content and exclusive off-market deals. We are dedicated to cultivating a community of high-quality investors who are committed to achieving excellence in their business, providing them with the resources and support needed to grow their portfolios and become better investors.

Rental prices are driven by current market conditions. We offer a market analysis using data from various sources to determine the optimal price.

The three key factors for quickly renting your property are:

Appropriate Pricing:

• Setting a competitive price based on the market.
• Rent-Ready Condition: Ensuring the property shows well to attract tenants.
• Extensive Advertising: Maximizing visibility to potential renters.
• Our average vacancy rate is less than 30 days, which is half the industry standard.

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We assist tenants with simple fixes like resetting garbage disposals or changing AC thermostat batteries, saving owners significant maintenance costs. For major repairs:

• Licensed Technicians: We dispatch licensed, bonded, and insured professionals as needed.
• No Upcharging: We don’t add extra charges to vendor invoices.
• Owner Approval: For repairs exceeding a certain amount, owner approval is required before work begins.

Repair Request Process:

• Tenants must submit requests in writing via our convenient online portal.
• Owners have 24/7 access to monitor work order status and history through the same portal.

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Yes, we offer comprehensive property marketing and leasing services. Our team utilizes multiple advertising channels, professional photography, and targeted marketing strategies to attract quality tenants. We handle the entire leasing process, from showings to lease signing, ensuring your property is rented quickly and efficiently.

Rent is due on the 1st of each month and considered late after the 5th. If rent is not received:

• We directly communicate with the tenant to understand the delay and issue the necessary state-required notices.
• We exhaust all methods to recover rent, including offering payment plans, before initiating eviction proceedings.

Eviction Process:

• Initiated promptly to minimize losses but only after other recovery methods are explored.
• Typically completed within the same month as the default, unlike others who may drag on for months.

Debt Collection:

• For charges exceeding the security deposit, unpaid debts are transferred to a collection agency.
• We maintain a high success rate in collecting outstanding amounts and do not close cases until debts are fully collected.

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Rent is due on the 1st, with late fees applied after the 5th. We disburse owner distributions between the 10th and 15th of each month, meaning you will receive funds between the 12th and 17th.

You can opt to receive funds via direct deposit for added convenience.

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We stay ahead of industry trends to promote your property where prospective renters are actively searching.

Our advertising platforms include:

• Prominent Websites: Zillow, Trulia, HotPads, Apartments.com, and MLS.
• Web Syndication: Listings are syndicated to over 48 additional websites via a web application.

This commitment ensures maximum visibility and connects your property with the right audience. Watch the detailed explanation here:

Our fees are completely transparent with no upfront or out-of-pocket costs. You only pay a percentage of the rent after your property is rented. There are no cancellation fees.

Our all-inclusive management services cover:

• Property inspections with photos.
• Tenant screening and lease execution.
• Rent collection and maintenance coordination.
• Advertising and showing the property.
• Accounting, tax statements, and much more.
• We provide 24/7 online account access and act as a full liaison with tenants.

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Getting started is quick and easy with our efficient two-step process:

• Rent-Ready Condition: Ensure your property is ready for tenants.
• Management Packet: Complete and return our management packet.

For motivated clients, we can start the same day. If your property isn’t rent-ready, we collaborate with highly qualified cleaning and repair vendors to expedite the process.

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Rent is collected through our secure online portal, making it convenient for tenants to pay on time. Once collected, the rent is processed and disbursed to owners via ACH payments. This system ensures timely and accurate payments directly to your bank account, with detailed records available in your property management portal.

Maintenance requests are handled through our online portal, where tenants can submit issues 24/7. Our dedicated maintenance team promptly assesses and addresses each request, coordinating with trusted contractors to ensure timely and cost-effective repairs. We prioritize clear communication and swift resolution to maintain tenant satisfaction and property value. Our lease agreement has strict provisions that keep our tenants accountable to pay the cost of any deferred maintenance that was caused by negligence on their part. We feel it is important that tenants treat your property like the home that it is for them, and that means that keeping the property clean and maintained is a priority. In many cases, we are able to recuperate the cost of maintenance issues directly from the tenant, saving you money on the repairs & maintenance line item.

Rovira Property Management - Miami offers a full range of services, including tenant screening, rent collection, property maintenance, financial reporting, and compliance with local laws. We also provide marketing and leasing services, ensuring that your property is managed efficiently and profitably.

You will receive detailed financial reports on a monthly basis. These reports include income and expense statements, rent roll, and maintenance records. Access to real-time financial data is also available through our online property management portal.

Getting started with Rovira Property Management - Miami is simple. Contact us via our website or phone to schedule a consultation. We will discuss your property needs, provide a customized management plan, and guide you through the onboarding process to ensure a smooth transition.