Gulf Income Properties was my shot in the dark as an out-of-state, investor. I purchased a condo, sight unseen in person. Relatives who lived in the area did inspect it for me, however.
The previous Managment was in-house for the condominium complex. Needless to say, that Managment left a lot to be desired and nearly an entire year’s income was nearly squandered.
I researched for new property management in the Sarasota area that included potential eviction protection. I found one other and Gulf Income Properties. I am certain the other one I almost signed with has paid more in SEO and marketing to be found online than Gulf Income. As a result, I almost signed with them. However, upon almost signing a contract, I discovered numerous hidden fees (annual, administrative, and vacancy) that were not disclosed on their website or their first point of contact from their phone number. As a result, I looked elsewhere and came across Gulf Income Properties, sadly tucked in listed recommendations based on other sites’ reviews, but no where to be seen on the first page of a google search.
Upon my first email inquiry, Jason (owner) responded past normal business hours to each and every, numerated question I had laid out to him. No hidden fees beyond what was represented on their website and he clarified the details entailed in a potential (uncommon) eviction situation. Apparently, Florida protects landlords more (relative to my state of Seattle, WA which protects tenants more). The contract he provided was consistent with what he communicated to me initially, so I went for it.
Jason has since, definitely worked hard for his competitive rate relative to other companies. He has dealt with a condominium that restaffed from Management all the way down and were in complete disarray with how to transfer Managment over to him. He has also dealt with bizarre obstacles pertaining to, searching for, and installing laundry units into our unit. These obstacles were a struggle and Jason kindly ate the cost to compensate for a major potential, $2000-$4000 cost for me. As a result, I only needed to account for $600. I am extremely grateful for Jason’s diligence and priority in providing a positive experience and service to his clients.
I would highly recommend Gulf Income Properties to any in and out-of-state investors who are looking for Managment that takes pride in their services and longterm relationships with their clients.