FREQUENTLY ASKED QUESTIONS
What does it cost to rent my home with miKe z Rentals
Commissions historically are calculated using rental income, disregarding reservation expenses. This is an unfair and outdated pricing model. Mike Z Rentals does not charge a commission! We consider ourselves partners, and we pay you up to 80% of the NET Rental Income, depending on the Revenue Management Strategy you choose. Additionally we have a recurring Technology Fee ($299/yr) and a $500 Maintenance Funds held in reserve.
What services and processes do you provide home owners?
Consult on Pricing & Terms
Inspect property for minimum standards (see list below)
Collect important information about you, your property and community to brief your renters
Schedule professional interior, exterior & drone photos
Onboard listing to an extensive list of OTA’s (Online Travel Agencies) like Airbnb
Respond to Inquiries, Qualify Guests & Book Reservations
Execute Reservation Agreements & Collect Funds
Coordinate HOA Application & Approval Process, where applicable
Communicate with future Guests & Coordinate Arrival
Inspect Property prior to Guest Arrival (All Standards must be met, see list below)
Handle Repairs, Maintenance and other guest inquiries
Coordinate Departure & Inspect Property after Guest Departure
Schedule cleaning with our very own cleaners
Remit Tourist Tax Payments to State & County
What are your minimum standards for my home to be in your vacation rental program?
Entire Interior must be professionally cleaned prior to Guests arrival
ALL TV’s working with basic cable
Leave ALL access items on kitchen counter (mailbox & pool keys, garage openers, gate passes, etc)
Working Wi-Fi with Network Name & Password given to Mike Z Rentals
All appliances clean and working with special instructions if applicable
Dispose all perishable food items
ALL light bulbs working (please replace burnt out lights)
Smoke detectors not beeping with depleted batteries
Outdoor living areas must be clean & set for use
If applicable, leave instructions for Specialty Blinds or Electric Storm Shutters
All beds must be made with clean sheets.
All closets must be cleared and clean (optional; you may lock personal belongings in 1 closet of your choosing. At least 1 large closet must remain empty in the Master Bedroom)
Bathrooms clean with toilet paper and bath towels ready to use
Fresh filter on A/C & extras for changing
Instructions for operating pool equipment, if applicable
Basic cleaning supplies (glass cleaner, multi-surface cleaner, broom, mop, vacuum, laundry detergent, dish soap etc…)
WhAT ITEMS MUST BE LEFT IN MY HOME FOR THE RENTERS?
Minimum required supplies:
Iron & Ironing Board
Toilet Paper, Paper Towels, Kleenex
Sufficient Silverware and Plates
Coffee Maker/Kuerig
Toaster
Pots & Pans
Kitchen Utensils
Can Opener/Bottle Opener/Corkscrew
Trash Bags, Sponge, Dish Soap
Toilet Plunger & Scrub Brush
Sufficient number of clothes hangers
How can I help my property rent faster?
You can help your property stand out by keeping a neutral decor, minimum personal photos or family items, and by keeping more than the minimum supplies required to make your guests more comfortable. If your property meets at least 5 of the items listed below, we can list your property as a “PREMIER” rental property, which helps it stand out from other rental homes in the area.
Upgraded Cable Package or Netflix/Hulu
Access to 2+ beach chairs & umbrellas
Access to 2+Bikes
Printer
55”+ HDTV
2+ Car Garage
Transferable Golf or Social Membership
Located West of 41 / Tamiami Trail
Private Pool / Spa that are heated
Walkable to Beach (within 1 mile)
All the major players such as Airbnb, VRBO, Booking.com, Expedia, and the best source is direct -meaning we rebook and get new people to book our properties everday.
Where do you list the homes?
WHO HANDLES ISSUES OR MAINTENANCE REQUESTS WITH RENTERS?
We do with our own staff members. The guests are left with directions to contact us with any issues, concerns or maintenance problems. If a problem arises that we cannot solve without incurring a cost, we will be in direct contact with you to discuss your options. We handle coordination with all service providers to resolve issues on your behalf.
Of course, our owner portal allows you to log in and see when your property is booked for rental and also allows you to block of dates you do not want your home rented using a easy to use portal.