Tampa Property Management Company Serving Western Hillsborough County, Eastern Pinellas County and Southern Pasco County

We have a Tenant Marketing Program AND a Realtor Marketing program. Both are included in our service and both are equally important to find you a good tenant. Learn more about our marketing programs.

When a property is in “rent ready” condition, priced right, and the landlord accepts up to 2 screened pets, we rent properties quickly. In 2023 our average time was 11.5 days.

We offer a 21-day rental guarantee. If it is priced right.

Learn more about how we find tenants for you.

At Hoffman Realty, protecting your property is our top priority. By combining regular maintenance, stringent tenant screening, advanced security measures, comprehensive insurance, legal compliance, emergency response, and transparent communication, we ensure that your investment is secure and thriving. Trust us to be your partner in property management, safeguarding your investment every step of the way. Learn More

Yes, Hoffman Realty Guarantees our services and we offer 5 service guarantees.

We have an extensive inspection process. Get the details.

It is critical to make the right decisions when selecting tenants for your rental property, as your future depends on predicting the future behavior of your tenants.

Hoffman Realty has an 11-step background screening process designed to answer these four behavioral questions:

• Are you who you say you are?
• Can you afford to live here?
• Do you have a history of paying your bills?
• Are you a desirable neighbor and trustworthy of the property?

You can download a copy of our 11-step screening process below.

While it’s true that many property management companies exist, each one brings something unique to the table. In the Tampa Bay area alone, over 100 businesses offer such services. What sets the most effective companies apart is their investment in quality staff who are proactive in managing your property. It’s important to understand that property management is a hands-on service that relies on local, skilled professionals. There is a balance to be found between the cost of services and the quality and attentiveness you receive. Lower fees might not always equate to thorough management, whereas investing in a reputable manager ensures dedicated care and communication for your property.

We prefer to be honest and upfront with our charges. We list our pricing on our website and have no hidden fees.

It is common for management companies to mark up the cost of repairs and maintenance (15% is quite common) and most landlords are not aware that the management company is doing this. We don’t mark up the cost of repairs because we don’t want to profit from our landlord’s misfortune. Another issue is inflated cost of repairs with in-house maintenance technicians, or performing unnecessary maintenance to keep technicians busy when there is no work. We work with a trusted network of licensed and insured vendors from around the area, so you can rest assured that we’re not lining our own pockets by suggesting unnecessary repairs.

Sometimes.

If we are providing labor on a managed property (such as handling security deposit claims, inspections, overseeing repairs, painting, cleaning, maintenance, etc.) we collect a minimum management fee, that we think is a fair amount.

If we are not providing labor on a vacant property then we don’t charge a minimum management fee. An example of when we don’t charge a management fee is when the property is already rent ready and we are marketing and showing the property to potential tenants. In this example we are performing leasing labor and not management labor.

In order to keep our monthly management fees as low as possible, we keep tenant late fees.

Our normal management fee covers our services when tenants pay their rent as agreed. When a tenant does not pay rent as agreed, it causes us a lot of additional labor (collection communications with the tenant, visits to the property, process serving notices, additional communications with our landlord, out-of-normal-schedule bookkeeping cycle when they do eventually pay, etc.).

We want to charge the person who created the problem and not our landlord. So we retain 100% of the late fee to compensate us for this additional work.

Yes, most of the time.

In the Tampa Bay area almost 80% of renters have pets. Your property will be completely passed by if you promote a no pet policy.

Allowing properly screened pets can give you a larger group of prospective tenants to choose from, and ensure that your property rents faster, and stays occupied and rented, which will make you more money in the long term.

On top of a thorough pet screening process, we also offer an Animal Damage Guarantee. This means that we pay for any damage exceeding the security deposit, up to $1,0000, that was caused by an approved animal.

If you currently have a home warranty, we will use it. But we are going to ask you not to renew it when the time comes for two main reasons:

1. Home warranties are NOT tenant-friendly.
2. Overall, they cost you money rather than saving you money.

Find out more about how a home warranty could impact your property management experience.

Hoffman Realty manages hundreds of rental properties for landlords in the Tampa Bay Area.

We are big enough that we provide our landlords and tenants with all the best-in-class services but, most importantly, small enough that we know our customers. This is important to MaryAnn Hoffman, the owner of our company, who gives every landlord her cell phone number should they want to contact her.

We have never wanted Hoffman Realty to be the biggest property manager in the Tampa Bay area. We just want it to be the property management company with the happiest customers.

Hear from our happy customers.

A lot of what we do when we manage properties is ensuring your property is properly maintained.

We categorize maintenance into

• Routine (dishwasher stops working)
• Urgent (AC stops cooling in hot weather)
• Emergency (pipe bursts and the property is flooding)

Routine maintenance is handled Monday to Friday during normal business hours.
Urgent is handled every day of the week including weekends, but excluding major holidays like Thanksgiving and Christmas.
Emergency is handled 24/7 including nights and holidays.

Learn more about how we handle maintenance.

Hoffman Realty is a family-owned company focused on providing quality services to our landlords and tenants. You will have a single point of contact into your property management team and the owner’s cell phone if you ever need to escalate.

Our lease does not allow smoking inside the property. Smoke odor inside the property can be very difficult to remove. We are OK with our tenants smoking outside on porches and decks. We just ask that it stay outside and we perform occupied inspection to verify.

No, we can’t. Adjusting our leasing fee isn’t feasible without impacting the high-quality services we provide, such as promptly answering leasing calls and ensuring property showings seven days a week, which help to rent properties quickly. We also offer competitive commissions to Realtors to expedite the process. Our fees reflect the swift and thorough service that aims to minimize vacancy periods and maximize your return. Extended vacancies can often lead to more significant financial loss than a one-time leasing fee, so our focus is on providing value through rapid leasing to protect your income.

When it comes to adjusting our management fee, it’s about the value we bring beyond just cost savings. While some companies may offer lower fees, it often reflects in the level of their service. We pride ourselves on providing exceptional care and attention to your property, which goes a long way towards securing your peace of mind. Our clients find that investing in quality management means fewer headaches and better overall returns, even if it’s not the cheapest option on paper. Quality, reliability, and your satisfaction are at the core of our service, which justifies our fee structure.

Our lease renewal fee reflects our commitment to maintaining tenancies. At Hoffman Realty, we’ve achieved a high tenant retention rate by ensuring tenant satisfaction and responsiveness to their needs, such as promptly addressing urgent maintenance issues at any time. We focus on preventing tenant turnover, which can be costly for landlords, by treating tenants with the respect and attention they deserve. This approach aligns our goals with yours: reducing vacancy costs and enhancing your rental income. Our lease renewal fee is a small part of this dedicated service, incentivizing us to keep good tenants in your property.

Unless your property is in a tourist area like the beach, long-term is usually a better financial decision.

Landlords receive payments by the 10th business day each month, contingent on tenants paying on time. This schedule accommodates bank clearance periods; Wells Fargo requires up to 7 business days to ensure checks clear. Despite funds often being available within 1-2 days by law, reversals can occur, which we aim to prevent to avoid any payment issues. Rent checks deposited on the 2nd business day are followed by a 7-day clearance wait. The exact date for the Owner’s Draw can vary from the 12th to the 17th, depending on weekends and holidays.

We recommend avoiding direct contact with tenants to prevent negotiation attempts and miscommunication that could lead to legal complications. Allowing us to handle all tenant communications ensures professional management of your property and tenancy issues. If a tenant reaches out to you, please redirect them to us, your professional property managers, to ensure swift and appropriate responses to their needs.

Our management fee covers all the day-to-day operations of taking care of your rental property. Check out our pricing table for more details.

Most of the time we are going to say “No”.

One of the reasons you may want to hire a property manager is so you don’t have to interface with your tenant. So we request that the tenant communications is with us.

The second issue is: are you properly qualified to do the work? If you are living in the property you can certainly do your own maintenance, but when you rent a property you have opened a small business and now your maintenance should be done by appropriately qualified and insured vendors.