Homeowners

The Realty Medics Overview - Property Management and Rentals

Alcove Team · 6/9/22

The Realty Medics Overview - Property Management and Rentals

The Realty Medics are a property management company located in Orlando and Central Florida area that offers homes to renters as well as management services to property owners. 

Here is a quick overview of The Realty Medics for both renters and property owners below. In terms of reviews, The Realty Medics have 3.5 stars out of 5 on Yelp and over 65+ reviews.

Renters

The Realty Medics currently shows about 50 listings across the Orlando and Central Florida area available with prices ranging from $1,550 for a 3-bed, 2-bath house to $3,500 for a 3-bedroom, 3-bath place.

Here are the relative price ranges listed for each home size for The Realty Medics.

2-bedroom: $1,650-$2,199

3-bedroom: $1,550-$3,550

4-bedroom: $1,899-$2,700 

5-bedroom: $2,200 (only one available at this time)

Owners

The Realty Medics offer property management for condos, single-family homes, and townhomes. They state they have 14+ years of experience, over $600M in properties managed, and over 1400 homes managed.

As part of their property management, they offer a 12 Month Tenant Guarantee (If a tenant is removed within 6 months, they will replace the tenant at no charge to you), 14 Day Rental Guarantee (you receive one month of free management if they can’t rent your home within 14 days), 90 Day Money Back Guarantee (they will refund management fees if you are unhappy for any reason), and Pet Damage Guarantee (they will cover pet damage up to $1,000 above security deposit under certain conditions). 

Other unique aspects include upfront rent (where they pay all 12 months of rent to you upfront), property performance online tracking via a dashboard, and free rental market analysis.

They also offer additional add-ons like rental loss protection, eviction protection, and property protection as an owner for extra fees.

Finally, in terms of fees, The Realty Medics offer three different pricing structures: 8% monthly management fee and 75% tenant placement, 9% monthly management fee and 50% tenant placement, and 10% monthly management fee and 35% tenant placement. 

Consider Alcove as a Property Owner to Maximize Rental NOI

As we explain in another article, Alcove’s co-living can provide a much better return for property owners like you as we use a per-bedroom rental model that optimizes leasing and lowers rental costs. This all occurs while we control tenant quality and focus on maximizing occupancy and NOI including spreading rental payment risk among multiple tenants instead of just one or two incomes. 

Alcove is not a property management company like The Realty Medics and others, but it does offer many of the same trusted services you can rely on including aiding in listing distribution, streamlining tenant payments and moving, and more. Our per-bedroom, co-living model is also unique compared to most property management firms. Co-living is a trend you as a property owner can benefit from while offering affordable living to tenants. 

Overall, Alcove provides the tech and processes you need as a property owner to efficiently list your property and get the most value from it. Get started today listing your property with Alcove

Consider Alcove as a Renter for a More Affordable, Simpler Option 

As a renter, Alcove offers shared living options that are cheaper usually than a studio or 1-bedroom apartment, while offering a great community, moving help, and automated apartment utility setup. 

Browse Alcove’s listings here and if you can’t find any listings in your desired neighborhood, let us know on that form on the page! We’re always adding new inventory around the country.