STRESS FREE PROPERTY MANAGEMENT, INC.
TAMPA, FLORIDA

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STRESS FREE PROPERTY MANAGEMENT, INC., TAMPA

7 Critical Mistakes Rental Property Owners Make: How Many of Them Are You Making Right Now? (Brief Video discussing how we can help you) My name is David Lowrey, and I am a real estate investor and owner of Stress Free Property Management here in Tampa Florida. Therefore, I have managed every type of rental from low income duplexes, to middle class single family homes, all the way up to ultra luxury executive mansions.  Which means, I have experienced just about every conceivable problem (in property management) you can throw at someone, and I’ve managed to successfully get the job done.  In fact, my first property management company made Inc Magazine’s “Inc 500 List” for the 500 fastest growing, privately owned companies in America, in 2004 and 2005. After eight years, my business partner, Chris Mercer and I, sold that business to a national company.  We decided it was time to relax…but unfortunately, we got extremely bored.  (I did at least try golf -- even bought the clubs and shoes)  So, we started another company: Stress Free Property Management. Here We Are A Little Over Three Years Later, Managing Over 322 Rental Properties In The Tampa Bay Area And I am back doing what I love: managing rental properties.  Which I’m sure you would agree is quite an odd profession.  I think I’m a part of a dying breed of individuals that actually enjoys managing tenants. Hope…Is Not A Good Business Strategy! We are constantly quizzing tenants who visit one of your properties to find out why they didn’t rent. Our goal is to find 4 or 5 similar properties so we are comparing apples to apples. If you price your rental $75 above what other similar properties in the neighborhood are priced at, it will sit vacant… a long time. My inspection staff checks everything, from ensuring the closet doors are hung properly in the bedrooms, to looking under the sink for any water leaks. It is vital we are thorough, because each of these 67 areas will either offer a positive or negative impression to tenants. My operating philosophy professionals in any service business is an up-hill battle. And in today’s economy, your property manager be hungry for business, answer their phones, and return messages quickly, OR people will go elsewhere. What about doing proper background checks, or making existing tenants feel valued and important? What I am trying to say is (as I said earlier) when someone is doing a couple of things wrong… they are generally doing loads of things wrong. At our company, we answer our calls or return emails and messages the same day well over 90%. I know this because I am monitoring complaints.  The email address  comes directly to my computer and cell phone, and I monitor and respond 7 days a week. If my leasing agent is not returning calls, texts, or emails, I will receive a storm of complaints from my receiptionist or through the email above.  My goal in running a service business is to have multiple ways to get negative feedback from clients and tenants, so I can make adjustments quickly and develop better methods and systems. We went searching for and found electricians, plumbers, and AC repairmen that are 1 or 2 person businesses. They are licensed and insured and operate out of their work trucks. There is no office space, fancy trucks, expensive advertising, or employees, so their over-head is next to nothing. These guys constantly suffer from inconsistent business: a typical “feast or famine” cycle. So when they find us, we give them steady work which smoothes out that annoying problem. In other words, we can instantly fill 50%-75% of their time, and they never have to spend any advertising dollars to keep this business. We simply insist they do quality work, and our clients receive discounted rates. Keep in mind, the electrician we hired spent no money on advertising, office rent, receptionist, or any of the other significant costs. Therefore, he is earning more “take home” money compared to the electrician working at a large electrical company, with far less headaches. Can you see how this would work for him (and you), in a positive way? Our company actually has 4 of these handymen on our payroll. You end up saving even MORE money on these types of repairs. For example, any handyman (worth is salt) knows how to quickly repair broken or leaking toilets and sinks. You don’t have to hire a plumber for that kind of stuff. If you do, it is simply an overkill and much more expensive. It’s like visiting the emergency room for a migraine headache and getting a prescription. The visit would probably cost you around $700 while your neighborhood walk- in clinic could provide the same thing for $75. Be leery of any property management company that just hires repairmen from large companies driving fancy trucks. You end up “paying through the nose.” The property manager is paying top dollar to companies with huge amounts of overhead. It’s like asking a guy for parenting advice, who is a 40 year old, confirmed bachelor…He just doesn’t have your frame of reference. My business partner, Chris, and I live these issues everyday with our own rental properties. We own over 20 single family homes. In order to meet our mortgage payments, property taxes, insurance, and repair bills, we These systems now form the core of our business: Stress Free Property Management. Without question, there is nothing like the necessity of having to pay over 20 mortgage payments each and every month to provide inspiration and desire to get better and better, as a property manager. There is no way anyone can successfully manage properties -- especially a large volume of properties -- unless they have a proven system for finding quality tenants quickly. My business partner and I have spent the last 12 years creating, testing, and refining our marketing system. We call it our “Instant Tenant Attraction.” I know that sounds a little "hokey" but we have to call it something memorable, and it generates 5 to 7 times the amount of tenant calls as the traditional rental signs on the property and ad in the newspaper.

KEY FACTS ABOUT STRESS FREE PROPERTY MANAGEMENT, INC.

Company name
STRESS FREE PROPERTY MANAGEMENT, INC.
Status
Active
Filed Number
P99000032239
FEI Number
593568218
Date of Incorporation
April 8, 1999
Age - 25 years
Home State
FL
Company Type
Domestic for Profit

CONTACTS

Website
http://stressfreepropertymanagement.com
Phones
(813) 831-7368
(813) 621-5363
(727) 330-7563
(727) 712-9002

STRESS FREE PROPERTY MANAGEMENT, INC. NEAR ME

Principal Address
4501 E COLUMBUS DR,
TAMPA,
FL,
33605,
US

See Also

Officers and Directors

The STRESS FREE PROPERTY MANAGEMENT, INC. managed by the one person from TAMPA on following positions: President

David Lowrey

Position
President Active
From
TAMPA, 33605





Registered Agent is David Lowrey

From
TAMPA, 33605

Events

March 13, 2019
NAME CHANGE AMENDMENT
January 15, 2019
NAME CHANGE AMENDMENT
August 10, 2017
AMENDMENT
October 6, 2016
AMENDMENT
August 14, 2008
NAME CHANGE AMENDMENT
June 12, 2000
NAME CHANGE AMENDMENT

Annual Reports

2018
March 28, 2018
2017
February 13, 2017