Mangrove Property Management & Sales

Serves Palm Beach Gardens, FL

35244

Hired 2 times

5 employees

14 years in business

Free on-site estimate

5.0

Ask this pro about their preferred payment method.

Next Service

Hours

Sun Closed

Mon 9:00 am - 6:00 pm

Tues 9:00 am - 6:00 pm

Wed 9:00 am - 6:00 pm

Thurs 9:00 am - 6:00 pm

Fri 9:00 am - 6:00 pm

Sat 9:00 am - 1:00 pm

Credentials

Background Check

Michael Watson
Completed on 3/8/2022

Introduction

ANNUAL rentals: 8.00 to 10.00%: Monthly management fee 1/2 Month to 1 Full Month : Leasing fee $199.00 : Lease renewal fee Mangrove Property Management specializes in the leasing, management and sales of rental properties located in Northern and Central Palm Beach County. Our portfolio of properties includes single family homes, townhomes, condos, & multi-family buildings. We manage both annual rentals and seasonal rentals. We are licensed, insured and a proud member of the National Association of Residential Property Managers. Our goal is to provide the highest level of service while offering transparent, simple, and affordable pricing. We look forward to building a long-lasting relationship and working with you to achieve your goals. Please feel welcome to contact us with any questions or to schedule a free consultation.

Q&A

What should the customer know about your pricing (e.g., discounts, fees)?

Our fee for managing your rental property is typically 8% of rent collected. We have no set up fees or hidden fees what-so-ever. Our goal is to provide both owners and tenants with the highest level of service while offering transparent, simple, and affordable pricing.

What is your typical process for working with a new customer?

1). Free initial consultation 2). We provide our recommendations to maximize rental income 3). Determine the monthly rent 4). Sign the management agreement 5). Prepare and market your property 6). Find the right tenant 7). Review and screen the tenant 8). Sign the lease agreement 9). Service the property 10). Renew the lease For more more information please feel welcome to reach out to us.

What education and/or training do you have that relates to your work?

Mike is the owner and founder of Mangrove Property Management LLC. Born and raised in Florida, he has spent over 30 years living in Northern Palm Beach County. Mike graduated from Florida State University with a double major in business management and entrepreneurship. Prior to founding Mangrove Property Management, Mike worked for wealth management firms Merrill Lynch and Morgan Stanley. Mike is a licensed real estate broker in the state of Florida. He lives in Juno Beach with his wife, Andrea, their children, Michael & Morgann, and their dog Bailey.

How did you get started doing this type of work?

After successfully managing my own rental home for 9 years I decided that I could make a career out of being a professional landlord.

What types of customers have you worked with?

First time rental property owners all the way to professional real estate investors.

What advice would you give a customer looking to hire a provider in your area of work?

How quickly did the property manager respond to your initial call or e-mail? This says a lot about how quickly they will respond to you should you become their client. Ask about fees and make sure you understand what the fees include and what it doesn't. The pricing structure for property management varies significantly.

What questions should customers think through before talking to professionals about their project?

Every client has a different expectation of how much communication there should be while a rental home is being managed. Some of my clients want to be included in all decisions while others do not want to be bothered at all. Make sure your property manager asks about you and your preferences. If they don't ask you questions about your preferences they are probably a very structured corporate company that lacks the ability to tailor their services around you!