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Orlando

Property Management

Our team of local professionals at Mynd Property Management are different from other Orlando, FL property managers. Servicing rental properties in Orlando, FL and the surrounding Deltona, Winter Park and Apopka areas, we leverage real-time data to consistently better our services, providing owners with seamless management experience.

Customers working with Mynd can rely on us as their trusted partner, providing them with a healthy investment, and their residents with a happy home. Residential real estate now joins tourism and hi-tech innovation in digital media, aviation and agricultural technology as Orlando, FL biggest moneymakers. It’s time to make your real estate investment work for you

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Mynd's rental income guarantee

Rental Income Guarantee

We protect your rental income

If we place a resident and they fail to pay rent at any time during their lease, we reimburse you up to $5,000 in lost rent while we resolve the situation.

Mynd's property damage protection guarantee

Property Damage Protection

WE PROTECT YOUR PROPERTY

If a resident we place moves out and leaves behind property damage in excess of their security deposit, we will cover the difference, up to $5,000.

Mynd's eviction protection plan guarantee

Eviction Protection Plan

WE PROTECT YOU

If a Mynd-placed resident fails to pay rent and an eviction is required, Mynd will cover the court costs and legal fees up to $5,000.

SELECT YOUR AREA TO VIEW PRICING

Pricing Plans That Suit Your Needs

CORE SERVICE PLAN

$79
Monthly Management Fee
100%
Rental Leasing Fee
$349
Lease Renewal Fee

AVID INVESTOR PLAN

$129
Monthly Management Fee
50%
Rental Leasing Fee
$299
Lease Renewal Fee
checkmark - feature included
Rental Income Guarantee
checkmark - feature included
Eviction Protection

PEACE OF MYND PLAN

$179
Monthly Management Fee
0%
Rental Leasing Fee
$0
Lease Renewal Fee
checkmark - feature included
Rental Income Guarantee
checkmark - feature included
Eviction Protection
checkmark - feature included
Property Damage Protection

Don't Take Our Word For It

Results You Expect

Your rental property is one of your most valuable assets. You expect concrete, tangible results, and Mynd delivers. We focus on measurable results that you can see.

Mynd offers faster leasing times

Faster Leasing

Quicker than average leasing times.

Mynd responds quickly to resident and owner communications

Quick Response

Less than 4 business hours for owners, less than 8 business hours for residents.

Mynd finds high quality residents

Quality Residents

Higher than average resident quality score (720+)

Mynd offers low delinquency rates

Low Delinquency

No need to worry about rental payments, less than 2% delinquency.

Mynd's high customer satisfaction scores show high resident satisfaction

High Resident Satisfaction

Consistently high customer satisfaction scores (Better than 4/5)

Mynd's NPS score shows higher owner happiness rates

Happy Owners

Net Promoter Score of 58 versus industry average of 7

Meet Your Local Superstars

We start by hiring the best people with deep local expertise.We equip them with the tools, technology and data. You get results.

Meet

Bryan

Portfolio Manager

Bryan has a dedicated passion and drive for real estate, generating income, and finding great investments. He has over 10 years of experience in the industry including starting his own PM company. Bryan’s main focus is managing and acquiring residential real estate in centrally-located desirable neighbourhoods. Reach out to Bryan if you are interested in learning more about Tampa & surrounding markets!

Orlando

Orlando, FL, as many know, is home to Walt Disney World Resort and Universal Studios Florida. In addition to these attractions, the city is also known for its busy conferences and conventions. The Orange County Convention Center is one of the busiest in the United States coming in as the second-largest convention center. This all might sound like a tourist goldmine, which it is, but this benefits resident real estate as well. The tourism business also accounted for job growth in the area. Your Orlando residents will not only have career opportunities but access to plenty of local leisure activities as well! From providing service to your residents to assisting you with the buying and selling of your investment, to the day-to-day management of your property, Mynd Property Management is here to provide ease in your lifeMynd Property Management offers a team of professionals striving to continually provide a quality of service differing from any other management company in the Orland, FL area. We know that over 75 million tourists visited the city in 2018. But as only local Orlando residents would do, we go to the Milk District, the Loch Haven Park and take the SunRail to get around. We recommend our residents do the same

Kate
Leasing
Kathleen
Accounting
Gina
Resident Services
Matt
Maintenance

Orlando

Orlando

Pembrook Commons
1800 Pembrook Drive, Suite 300
Orlando, FL 32810

Mynd Property Management is local
(833) 367-6963

Orlando

Explore the investing and management resources below to learn more Orlando, FL property management and much more. Mynd is proud to manage rental properties in an area that has so many diverse opportunities from health care to entertainment technology, research and more.

Thinking about purchasing a rental property in Tacoma, WA? Learn how looking at the rental statistics, the demographics, and having a local property manager as a partner can ensure you are looking at real numbers when deciding if the area fits your investment strategy.

Before investing in an area, you will want to look at the demographics, home prices vs rental prices, forecasted economic growth, and other important statistics to see if it fits with your investment strategy to help you reach your goals. Will the area give you the cash flow or appreciation you are looking for?

About Tacoma, WA

Tacoma, WA, one of “America’s Most Livable Cities”, is a port city on the Puget Sound and is known for being one of the most walkable cities in the US. From its beautiful waterfront to its numerous city parks that include the country’s second largest city park (700 acres), the area has seen a 12% population growth since 2010.

Tacoma property management

Tacoma offers more affordable investment opportunities than the Seattle area which can be expensive.  Cash flow opportunities are better in Tacoma because the prices of homes are not as high.  

Home prices in Tacoma

Median home price: $354,019

Home prices have gone up 9% in the past year.

 

Diverse types of renters

Commuters – Many choose to work in Seattle but live in Tacoma because it is more affordable.  

Students - Several universities are in the area including the University of Washington’s Tacoma campus, so there are a lot of student renters.  

Military - McChord Air Force Base is South of Tacoma, so there are military families renting in the area as well.  

Between the port, universities, military presence, and proximity to Seattle, Tacoma is a great area for investors looking for an area whose economy is being fueled by a diverse mix of industries.

 

Economy and industry in the area

Tacoma is the 7th busiest container-handling port and attracts businesses in multiple industries. It is known for its high-tech industry that includes Intel and Expedia which are headquartered there. Agricultural and forest products are also large contributors to the local economy.

  • Unemployment rate: 5.3%
  • Average income: $75,649

Tacoma has seen steady job growth over the last 10 years and expects 39.9% in future growth. With its strong industry presence and growth record, it is a great place to invest in rental property for less than a home in a Seattle would cost.

If you are considering investing in Tacoma, contact us at Mynd. We can help you determine if this market fits your strategy to reach your goals. If it doesn’t, we have offices in 19 markets and can help you find an area that does.

How to accurately set rent for my Tacoma, WA rental property

The rental market is cyclical, so you want to make sure you set rent to match today’s prices. Just because you rented your property for a certain amount 3 years ago doesn’t mean it will rent for that amount today. The price could be higher or lower depending on what the market says is the going rate. To avoid extended vacancy time, you will want to accurately price the property, so you are getting the maximum return while also filling the vacancy quickly.

Tacoma rental statistics

  • Median rent for a single-family home: $1750
  • More single-family homes available since 2007
  • 45% Renter Occupied
  • 55% Owner Occupied

Steve Rozenberg, Head of Investor Education for Mynd, says he sees this as a good, steady mix of renter/owner occupied homes which makes it a great market to have a rental property. You should always be able to find a renter.

Knowing the trends and statistics for the area is key to your success as an investor.  Consider hiring a local Tacoma property manager like Mynd who can help you determine the correct rent rate.  Mynd has access to proprietary information so you are getting current, accurate numbers to base your decision on. If you want to know what you can expect to rent your home for, Mynd offers a FREE rental analysis.

 

Why should I hire a property management company in Tacoma, WA?

What does a Tacoma property management company do?

They take care of the day to day operations required when you own a rental property such as:

Do you have the time to manage the property? How valuable is your time to you? If you are managing it yourself, do you know that you are doing it correctly and following the laws?

Landlords must comply with ever-changing laws and regulations

Landlords must comply with Federal, state, and local laws that apply to rental properties. These laws are constantly changing, and as a landlord you are expected to keep up with them.  If you must evict a tenant, there may be new laws in place that limit how you can do that. If managing property isn’t your full-time job, you are more likely not up to speed on current laws such as:

  • 120 day notice to purchase property if you intend to change the use of the property
  • 60 day notice of no cause termination of a resident
  • 60 day notice of rent increase
  • Several tenant’s rights laws. For example, tenants can complain to the city of Tacoma about code enforcement violations.

There are a lot of laws that have to do with tenant’s rights, and you must be sure you comply. If you aren’t up on the laws, you may find yourself getting in trouble which can cost you $1000s in fines and court costs.

 

Consider hiring a Tacoma property manager

Our Tacoma property managers can help you make smart decisions and ensure your property is following the laws. Mynd has in-house counsel to help ensure your property is complying with the laws.  Contact us today at Mynd about property management in Tacoma or finding your next investment property in one of the19 markets we serve.

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As an investor, you want to know that investing in a rental property in Everett, WA aligns with your strategy and helps you achieve your goals. Identifying the right data and numbers to calculate your return is an important step in making an informed, smart decision.  Having a local partner like a property manager makes this process easier.

What kind of return do you want from your investment property?

Are you looking for monthly cash flow? Is the property you are looking at going to give you what you need to at least cover your expenses?  Are you only interested in appreciation or debt paydown?  Your strategy must be defined before you start looking for a property.  

About Everett, WA

Everette is a coastal city on the shores of Port Gardner Bay and is located 25 miles north of Seattle. It attracts families with its world class schools, over 30 city parks, and numerous outdoor sports, activities, and art experiences.

Everett population and home prices

  • Population: 111,000
  • Average age: 33
  • Median income: $57,999
  • Median home value: $362,000

 

The median income for the area is about average for the US, but the home prices are significantly higher than average. You might be able to make enough cash flow to cover your expenses, but you are more likely looking at making your money in appreciation.

Many of the homes in the area were built between 1970-2000.  Being older properties, they may require some maintenance or updates to attract a quality tenant and meet Property Code.

 

Everett Property Management

 

Industry and the Economy

  • Unemployment rate: 5.8%
  • Cost of living index: 116.2  (US average is 100)

Boeing’s 747, 767, 777, and 787 Dreamliner airplanes are constructed in the world’s largest building located in Everett, and they offer a popular tour of the facility. Everett’s proximity to Seattle is an advantage because it is going to be fed by the strong industry nearby.

Best neighborhoods in Everett

  • Darlington
  • Edgewater
  • Pinehurst
  • Riverside
  • Bayside
  • South Forest Park

When you buy a property in one of the more popular areas, you are probably going to see more appreciation. With an average age of 33, residents are likely families interested in the quality schools in the area.  They are also more likely looking homes with multiple bedrooms for their growing families.

 

Talk to an Everett, WA property manager about the local market and what trends they are seeing. They can answer questions like:

  • Is the city growing?
  • Are rents going up or down?
  • What is the average eviction rate?
  • What are the average days on market?
  • What is the average vacancy?
  • What type of homes are rented quickly? What are most people looking for?
  • Are there certain features people are looking for in a home?

These are the questions you want answered before purchasing a property, so you have the proper expectations. Contact us at Mynd for more information on the Everett area. They can tell you what types of properties are renting quickly, what renters are looking for, and more.

If Everett doesn’t fit your strategy, we can help you find a market that does. Mynd has offices in over 19 markets. Our local property managers can use Mynd’s proprietary data to help find you properties that match your strategy, whether you want to invest locally or diversify across several markets.

 

How to Accurately Set Rent for my Everett, WA Rental Property 

It is important to know what the market is dictating when setting rent for your Everett rental property. The goal is to get the right amount of rent while leasing it quickly, so pricing it right is critical.

Leasing has seasons

You might not be able to get the same amount of rent if you lease your property in the Winter (off season) vs the Spring/Summer months (peak season).

The economy can affect rent

If the industries in the area are in a downturn or upturn, that can influence the rent you can expect to receive.

Everett rental statistics

  • 42,000 housing units
  • 37% Owner Occupied
  • 67% Renter Occupied
  • 44% single family homes 36% Apartments
  • Median rent: 1,990
  • 48% of homes were built between 1970-1999

The rent amount will vary depending on the property type, square footage and number of bedrooms.  When comparing rents, look at properties that are the same as yours. Being that many of the homes are older, you may find you can get a little more money in rent by doing some updates to the property.

Mynd’s Everett Property Management company offers a FREE rental analysis so you can see what your property can expect to rent for.

 

Why Should I Hire a Property Management Company in Everett, WA 

When you own a rental property there are a lot of day to day operations to take care or not to mention all the ever-changing laws you must follow.  Should you continue to do this yourself or does it make sense to hire an Everett property management company?

 

Treat your investment like a business.

If you own multiple rental properties or plan to in the future, the tasks required increasingly take up more of your time.  Keeping up with all the laws you must comply with can become a heavy burden.  Maybe you got into investing because you wanted a safe, secure retirement investment or passive income, but you did not realize the amount of time that was involved in managing it yourself.  You thought you were gaining free time and ended up having a second job.

It is entirely possible that you will not end up where you hoped because you may not be doing something right. Not complying with a law could result in your ending up in court owing $1,000s in fines.  

Getting that great deal when you buy the property is only the first step in the process that leads to your success. Steve Rozenberg, Head of Investor Education for Mynd, thinks it is important to have a team to help you maximize your return.

 

What does an Everett property management company do?

They take care of the day to day operations required when you own a rental property such as:

They know the laws and regulations

You must follow Federal, state, and local Property Code that dictate how a property must be maintained. When it comes to fixing things in the property, who is responsible for them? The tenant or the landlord?  There are things you can’t ask on an application or during the screening process.

Landlords must comply with Federal, state, and local laws that apply to rental properties. These laws are constantly changing, and as a landlord you are expected to keep up with them.  If you have to evict a tenant, there may be new laws in place that limit if or how you can do that.

Maintenance issues

Mold can be a problem in the Everett area due to the amount of rain it gets. You will need to make sure the roof, ventilation, and plumbing is in good shape to prevent mold.  There are laws that protect the tenant to ensure they have a safe home to live in. Property managers know what you have to do to comply with any laws in regards to Property Codes.

If you don’t have the time or desire to keep up with the laws and regulations, it might be a smart decision to hire a knowledgeable property manager.  Mynd has local property managers that know the laws to ensure you are following them as well as in house legal counsel.

A good property manager helps you make smart decisions and ensures your property is following the laws. Contact us today at Mynd about property management in Everett or for help in finding your next investment property in one of the 19 markets we serve.

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On August 31, 2020, California Governor Gavin Newsom (D) signed AB 3088 into law, providing state-wide protections for tenants and landlords in the face of the ongoing coronavirus pandemic. The safeguards extended to tenants worrying about evictions and to landlords concerned about foreclosures. 

Moratorium Eviction Extended

Tenant relief act legal document


AB 3088 limits a landlord’s ability to evict a tenant for non-payment of rent. To make use of this protection, the tenant must submit a declaration signed under oath of financial hardship due to the financial burden experienced between March 4 – August 31. A valid declaration will prevent evictions from occurring before February 1, 2021. 


For hardship stemming from the coronavirus pandemic between September 1, 2020 – January 31, 2021, tenants are expected to pay 25% of expected rent to avoid eviction by January 31, 2021. 


Do Tenants Pay Rent?

The expectation of rent has not been eliminated. Instead, unpaid rent cannot be the reason for eviction for tenants that have experienced financial hardship and submitted a valid declaration. Tenants will still be responsible for paying back rent to landlords, who can begin to recover their debts through a civil small claims lawsuit on March 1, 2021. 


The jurisdiction of small claims courts will be temporarily expanded to allow landlords to recover unpaid rents. 


Unpaid rent isn't waived under AB 3088. Instead, it's converted into consumer debt collected in small claims court as early as March 1, 2021. If a tenant cannot meet the 25% rent minimum, AB 3088 would only provide eviction protection until February 1, 2021. If a landlord attempts to use extrajudicial self-help, such as shutting off utilities, threats, or coercion, to generate an eviction, then the landlord may face penalties as high as $1,000 to $2,500. 

California’s COVID-19 Tenant Relief Act Tenant Protections

The following legal and financial protections will be extended to tenants


  • The notice period for nonpayment of rent will increase from three days to 15 court days so that tenants have more time to respond to the landlord's notice to pay rent or leave. 
  • Hardship declaration forms must be provided with any eviction notices for a failure to pay rent. 
  • The hardship declaration forms provided by landlords must be provided in the language in which the rental agreement was negotiated. 
  • Landlords are also required to provide tenants with a disclosure explaining their rights under AB 3088. 
  • Expands the "just cause" protections described in AB 1482 to all tenancies, including tenancies less than one year, affordable housing, new construction, and single-family homes.  
  • Local ordinances that were in effect as of August 19, 2020, will remain in effect until their expiration, while future ordinances cannot undermine AB 3088. 


AB 3088's protections are extended to most tenants if they sign a declaration that they've been financially impacted due to the pandemic. What constitutes "COVID-19-related financial distress" includes:


  • Increased expenses due to the health impacts of the COVID-19 pandemic
  • Increased childcare or eldercare responsibilities directly related to the COVID-19 pandemic.
  • Loss of Income caused by the COVID-19 pandemic.
  • Higher-income tenants (those whose household income is over $100,000 or with over 130% of median household income) must provide documented proof of financial loss related to COVID-19.

California’s COVID-19 Tenant Relief Act Eviction Notices


When a landlord delivers an eviction notice for failure to pay rent, a financial distress form must be provided. The tenant has 15 days to sign and return the financial distress form. The economic distress form does not cover months to come, so that the process may be repeated on a month to month basis. The declaration is signed under "penalty of perjury,” so if a tenant provides knowingly false information, they can be charged with perjury. 


Lawful eviction that has nothing to do with unpaid rent caused by the coronavirus pandemic can move forward as early as September 2, 2020.  That means landlords will be able to pursue:


  • Eviction against nonresidential tenants
  • Evictions for lease defaults stemming from reasons other than nonpayment of rent.
  • Evictions for missed rent payments before March 2020 
  • Evictions for nonpayment of rent unrelated to the coronavirus pandemic.
  • Evictions against tenants willfully damaging property.
  • Evictions against tenants engaged in criminal activity. 
  • Evictions against tenants who violate the lease or rental agreement in other ways.


Evictions for unpaid rent will resume on October 5, 2020, for tenants that do not submit a financial distress declaration.


Evictions for reasons other than nonpayment of rent cannot be performed as retaliation against nonpayment of rent due to the coronavirus pandemic.


Individual cities may have their own eviction moratoriums, and tenant and landlord protections that may be more robust than that provided by AB 3088. For this reason, it's critical to consult both the stipulations outlined by AB 3088 and the stipulations, if any, of one's local jurisdiction. 


If a locality passed a new moratorium after August 19, 2020, then it cannot take effect until February 1, 2021. Ordinances that expire before February 1, 2021, cannot be extended until February 1, 2021. Finally, if a local jurisdiction establishes its repayment period, it must begin on or before March 1, 2021.


Given the complicated nature of the law, it's advised that tenants contact an attorney if a landlord provides notice of eviction. There are many free legal aid foundations to reach out to. The Legal Aid Foundation of Los Angeles, for example, offers free legal services to over 100,000 residents of the greater Los Angeles area. 

California’s COVID-19 Tenant Relief Act Landlord Protections


AB 3088 does not protect landlords from foreclosures, nor does it require banks to provide forbearance. Instead, mortgage servicers must contact borrowers before pursuing foreclosure proceedings with forbearance options. 


Dual tracking, when a provider initiates foreclosure proceedings while considering loan modifications with the borrower, is also forbidden. 


If forbearance is not an option for a small landlord, then the mortgage servicer must provide a written explanation. These protections extend to January 1, 2023.

Bottom Line on AB 3088

Due to AB 3088, California will keep a dramatic increase in residential evictions at bay through the early part of 2021. Although, further action by the federal government is required to ward off the true extent of the pandemic's effects. 

Notice of Eviction Tenant relief act


If you have rental properties, your property manager should be able to support you in navigating the changing regulations around tenant protections. To learn more about Mynd Management's services, contact getstarted@mynd.co


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Why Invest in Orlando Real Estate?

Residential real estate properties in Las Orlando, FL, great for investing!

A city of magic, Orlando continues to expand to meet the demands of its tourism industry, as well as its flourishing business community. The city is a top location for entrepreneurs and houses a National Entrepreneur Center and The Rollins College Center for Advanced Entrepreneurship that helps keep it a hotbed for innovative companies and fresh talent (orlandoedc.com).

Many factors combine to make Orlando a booming housing market, including these: mortgage rates are at their lowest levels since the 1960s, housing inventory is plentiful in all price ranges, and long-term economic and demographic trends favor Florida. Still not convinced? How about this: over the long-term, Florida stands to benefit from the migration of about 80 million Baby Boomers (orlandosentinel.com)!

Orlando, FL Real Estate Market Highlights

  • #17 out of 100 best places to live list (Livability.com)
  • Named #1 in the U.S. for job growth (WalletHub)
  • The Orlando-Kissimmee-Sanford metro area ranks #7 in the U.S. as “Best Performing Cities” (Milken Institute)
  • Walt Disney Company, Lockheed Martin, Siemens Energy, and Mitsubishi-Hitachi Power Systems all have a presence here

For more information refer to our Knowledge Center and visit our Orlando, FL Property Management page for local landlord tips and information. Our team has vast knowledge and experience in local Tampa, FL property management and can help you to have a better investment experience. We educate on topics in the Florida area ranging from repairs and maintenance, leasing, dealing with local emergencies and even preparing for emergencies! We look forward to furthering your rental property education.

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Residential real estate properties in Tampa, FL, great for investing!

Why Invest in Tampa Real Estate?

The recent success of the Tampa Bay Lightning improved real estate in the area thanks to a generous owner. With the help of Lightning owner Jeffrey Vinik and Bill Gates’ Cascade Investment, L.L.C., a new $3 billion dollar development is being planned, bringing significant growth to the downtown area. Open since January 2020, the USF Health Morsani College of Medicine and Heart Institute focuses on growing biotechnology, biomedical and pharmaceutical firms around it. Having this research institute will help Tampa improve the individual quality of life in the area.

Florida’s largest port, also ranked as one of the best cities for the outdoors, is a popular attraction for younger families or those who are retired. The cost of living in Tampa is 5% lower than the national average and home to 7 Fortune 500 companies. The recent expansion of the Panama Canal, Tampa is experiencing a ripple effect stronger than before. More ships are docking in the port for trade and military supplies. In return, Tampa’s expected to add significant rental demand for short-term employees in the area.

Tampa Real Estate Market Highlights

  • The largest port in Florida
  • Ranked #1 for the nation’s best places to invest in real estate (Business Insider)
  • Tampa ranks 5th for ROI in a single-family home – (Biggerpockets)
  • The Panama Canal Expansion will bring significant economic growth
  • 9th fastest-growing metro in the U.S. – (Biz Journals)
  • 5% lower cost of living in Tampa than the national average
  • Among the top 20 US cities with the best quality of life (New Arena)
  • 12th best place to live (Livability)
  • 5th best city to start a business (Wallethub)
  • 2nd best city to find a job – (Biz Journals)
  • Home to 7 Fortune 500 companies
  • 45% of Tampa’s housing market is renter-occupied
  • Master Plan for Tampa’s Center City - government plan to finish improving downtown Tampa
  • Tampa is ranked as one of the best outdoor cities – (Forbes)

West Tampa Real Estate Market Highlights

With the presence of Tampa’s sports teams in the west, this area is great due to the complacency of the stadiums. The best beaches in Tampa are in the west, such as Clearwater or Fort De Soto. However, the biggest thing to keep in mind is the expansion of the Panama Canal. Look to the west for future investment because of the expansion of the Panama Canal that will increase trade in the area and attract those enlisted in the military to the coastline.

  • Tampa International Airport - 8.8 miles from downtown
  • Raymond James Stadium - NFL Tampa Bay Buccaneers
  • Tampa’s Lowry Park Zoo
  • The Panama Canal Expansion will bring significant economic growth
  • WaterWorks Park (Forbes)
  • David A. Straz Jr. Center for Performing Arts
  • Tropicana Field - Tampa Bay Rays’ baseball field (St. Petersburg)
  • University of Tampa
  • Derby Lane St. Petersburg - greyhound racing 9 miles north of Tropicana Field
  • The Dali Museum - glass-paneled art building next to Tropicana Field
  • Clearwater Beach - #1 ranked beach in Tampa
  • Fort De Soto Beach - beach camping south of St. Petersburg

East Tampa Real Estate Market Highlights

Known for authentic Cuban food, nightlife, and entertainment, east Tampa is home to the highly reputable Ybor City. The area has concerts, an aquarium, and a sports arena. With plenty of activities to do, east Tampa is not only a great place for schools but also a hot spot for young professionals.

  • Busch Gardens Tampa Bay - African themed zoo & amusement park
  • Raymond James Stadium - NFL Tampa Bay Buccaneers
  • Tampa’s Lowry Park Zoo
  • The University of South Florida - a research university
  • Home to the recently-open USF Health Morsani College of Medicine and Heart Institute (January 2020) - $152.6 million dollar building and $3 billion dollar development.
  • University Mall - shopping, movies, restaurants
  • Adventure Island - an outdoor water theme park
  • The Florida Aquarium - 20,000+ animals and plants
  • Florida State Fairgrounds
  • Amalie Arena - a downtown indoor sports arena for hockey, basketball
  • MIDFLORIDA Credit Union Amphitheater- the largest concert only facility in Tampa
  • Seminole Hard Rock Hotel & Casino Tampa

For more information refer to our Knowledge Center and visit our Tampa, FL Property Management page for local landlord tips and information. Our team has vast knowledge and experience in local Tampa, FL property management and can help you to have a better investment experience. We educate on topics in the Tampa, FL area ranging from repairs and maintenance, leasing, dealing with local emergencies and even preparing for emergencies! We look forward to furthering your rental property education.

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Mynd Management triples its size

Mynd Property Management More Than Triples Its Size in 2019

M&A growth, organic sales growth and tech improvements assisted in expanding the firm’s management portfolio to over 9,000 units.

OAKLAND, Calif., Jan. 7, 2020 — Mynd Property Management, a property management firm serving the small residential sector with a combination of on-the-ground experts and innovative technology, announced today that it has achieved a number of significant growth milestones in 2019. The company has tripled its size through M&A and organic sales, debuted its Think Like an Investor Fund, and improved the resident and renter experience through technology advancements.

Here are Mynd’s key accomplishments of 2019:

  • Over the past year, Mynd has acquired or merged with eight real estate companies, more than tripling its size to more than 9,000 units under management. The firm merged with RentVest in May, which doubled Mynd’s management footprint nationwide. The partnership also created one of the largest small residential property management companies in the U.S. In July, Mynd acquired Irvine, Calif., -based HomeUnion, a real estate investment company that enables small residential investing via its online home valuation tool, INVESTimate. The tool allows individual investors to invest in rental property nationwide, regardless of their geographic location.
  • Mynd’s executive team, led by co-founders Doug Brien and Colin Wiel, placed an emphasis on growth companywide to provide best-in-class customer service. The company grew to more than 247 employees nationwide year-to-date, marking a 116.7% year-over-year increase. These new hires help Mynd provide more and improved local resources to both residents and owners. Mynd has also achieved a significant direct sales milestone, reaching the $1 million market in Q3. As part of its push to double-down on growth, Mynd has invested in many educational resources to help investors build wealth through real estate investing, including appointing Alex Osenenko as chief growth officer and launching the first season of The Myndful Investor podcast show. The podcast explores the benefits and challenges of real estate investing through interviews with industry experts.
  • Mynd launched Think Like an Investor Fund for employees. To reward employees and to help them think like real estate investors, Mynd launched the Think Like an Investor Fund. Administered by Mynd, the fund invests in rental properties with healthy returns. Mynd expects to hold the fund for four years. Upon liquidation, all of Mynd’s employees will receive a distribution that includes an initial grant, plus gains/income. Currently, properties in the  feature IRR of between 10% and 15%.
  • Tech-driven solutions to improve the resident and renter experience debuted in 2019. Mynd created a completely digital leasing experience that enables residents to pay rent and submit R&M requests online. It also allows renters searching for a property to lease that unit faster than normal with self-showings.
  • The use of self-showings eliminates the need for real estate agents, giving renters a competitive edge in markets like the Bay Area, Seattle, San Diego and Sacramento.

“Our goal to provide happy homes for residents and healthy investments for property owners nationwide has fueled Mynd’s explosive growth in 2019,” explains Brien, who is also the CEO of Mynd. “Since founding this company three years ago, we have worked diligently to scale the small residential sector, and made it more efficient for private investors to own and acquire real estate. We did this by applying a modern, data-driven approach to management, which helps optimize the performance of our owners’ rental assets and provides residents with more responsive customer service,” Brien concludes.

mynd.co

FOR IMMEDIATE RELEASE

Media Contact: Stacey Corso

stacey.corso@mynd.co

About Mynd Property Management

Mynd Property Management serves the small residential real estate sector with a combination of on-the-ground experts and innovative technology that empowers investing in any market in the U.S. Headquartered in Oakland, Calif., Mynd manages over 9,000 units in 16 markets and offers small residential rental properties for sale in 20 metro areas. Mynd’s end-to-end management and real estate investment solution is powered by INVESTimate, a home-valuation tool that determines the investment potential of any home in the United States using AI and machine learning.

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