A Higher Standard in Jacksonville Property Management

A Higher Standard in Jacksonville Property Management

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Welcome…

Proudly Serving Jacksonville and surrounding areas

Welcome to FPM Properties, Northeast Florida's premier residential property management firm. Our commitment is to care for your property as if it were our own and ensure that you can be confident that it is well maintained and your asset is protected. 50+ years of professional business experience and two Master Property Managers leading the team contributes to making us an industry leader. Due to the evolutionary nature of the industry today, our commitment to ongoing industry education and certification further ensures the protection of your asset to the benefit of both owner and resident.

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NE Florida Realtor® Recognized Nationally for Protecting, Investing in Real Estate Industry

Jacksonville, Fl. [December 15, 2017]—The National Association of Realtors® has announced that Michael Hodges and Wanda Franklin, Realtors® from Jacksonville, Fl., have become Sterling investors in the Realtors® Political Action Committee. RPAC is a national bipartisan grassroots-based political advocacy organization that works to protect the real estate industry and the dream of homeownership for North Florida residents and across the country.

Newsletter

Owner Newsletter

February 2018

Yes, here we are again. We know no one wants to think about this yet but now is the time to be proactive—when you have plenty of time to get the information you need and deliberate and decide!..Read More

Resident Newsletter

February 2018

The dreaded late fee—you don’t want to pay it, we don’t want to have to charge it. However, like most things in life, rental payments come with deadlines and there is a cost associated with not meeting them...Read More

Blog

Renter's Insurance

Web Admin - Thursday, February 15, 2018

At this time of year we remind property owners about reviewing their insurance before storm season officially commences…..but what about the non-owner resident

It’s important to understand the difference between what the homeowner’s policy covers and why you need, as a renter, to consider renters insurance.



Read the following, courtesy of Peter Scott, Tony Blankenship Insurance

  • A landlord's insurance policy, required by the mortgage bank, covers the building and any outbuildings and protects the landlord against lawsuits arising out of accidents on the property. However, landlord insurance does not cover the personal possessions of the tenant. This is a piece of information that seems to come as a shock to many tenants after disaster strikes.
  • A staggering number of renters do not carry renters insurance. Marshall Loeb, writing in MarketWatch last year estimated that nearly two-thirds of the 81 million people who rent their homes are uninsured for their contents or for any liability arising out of their tenancy.
  • While some renters may assume that they are covered by some mythical insurance umbrella held by the landlord, others simply do not associate the need for insurance with their own circumstances until it is too late. They aren't homeowners so they don't need homeowners insurance, right? They do not think beyond that question and many probably don't even know that tenants' insurance exists.
  • If you rent, look around. You probably have a pretty substantial amount invested within those walls you do not own. A stereo, high-def TV, a business and a leisure wardrobe, all of those small appliances in the kitchen, the electronics in the study; even if your furniture was bought second hand or from Walmart it all adds up and should disaster strike, everything will have to be replaced out of pocket.
  • And there is the matter of liability. Should your television repairman trip on the front walk he will probably sue your landlord. But if the repairman takes a swan dive over a poorly positioned coffee table inside your apartment or if sweet little Fluffy decides that his ankle looks like lunch it will not be your landlord's problem. It will be yours.

PUT ANOTHER WAY:

The homeowner’s policy covers the building and outbuildings—it does not typically cover the contents if they are not residing in the home. Thus the contents—your possessions as a renter—are not covered in event of storm, disaster, break in, etc. To put it more “officially”:

Tenant's insurance covers personal property within a home or apartment against the same types of loss covered by homeowners insurance - fire, theft, vandalism, and water damage (but not flood damage and probably not earthquake damage either) as well as protecting your interests should someone have an accident within your dwelling unit for which you might be held liable.

Review Your Insurance NOW

Web Admin - Thursday, February 01, 2018

We know—no one wants to start thinking about this right now…….

Even if you went through this exercise this time last year, do it again. Storm activity was more significant last season and dynamics in insurance are constantly changing.

If you have not reviewed your insurance recently and dodged a bullet (so to speak) DEFINITELY DO IT NOW! Here in Jacksonville we had some particularly (and unusually) hard hit areas like San Marco and Riverside/Avondale that in some respects are still recovering.

We suggest scoring some time with your agent to go over the following questions (especially if you are not sure of all the answers) and differentiate between the property you are residing in and any investment property:

Do I need flood and windstorm coverage?



What does my policy cover and exclude?

Will my policy pay “replacement cost” or “actual cash value” for a covered loss?

What about additional living expenses?

What else can I do to prepare?

What about policy changes?

How can I safeguard my records?

It’s amazing what a little due diligence on the front (read: early) end can save you in heartache on the back (read: aftermath) end!

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Testimonials

Wanda Franklin has managed our two properties for at least 20 years, first as a property manager at another company and then as owner of Heth Realty (now FPM). She has kept us well informed of all issues, has been prompt in dealing with any problems/issues with tenants, repairs, etc., and has been a pleasure to work with. If we email or call, I know well receive an answer right away. Its difficult being 3000 miles away so its important that we have someone we can trust watching over our properties.

Vince Boley

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Contact Us

711 Margaret St
Jacksonville, Fl. 32204

Main: (904) 497-4200
Fax: (904) 387-6436

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​ Disclosure: First Place Management Properties, LLC is "not" a real estate brokerage and does not lease or sell properties.
All sales and leasing activities are conducted through FPM Properties, dba. & First Place Management, Inc. both are licensed Florida Real Estate Brokerages. ​



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