6 01, 2022

It is Never Too Early in the Year to Prepare for Tax Deductions on Your Investment Property

2022-01-06T17:33:24-05:00By |Advice, Bookkeeping, Property Management, Taxes|

Even though the 2021 holiday season is still barely behind us, spring will be here soon – and that means that tax time is just around the corner. As the owner of residential rental property, you could be eligible for some nice income tax deductions. With the various changes that have taken place since the [...]

28 12, 2021

Should You Add to Your Orlando Rental Property Portfolio in 2022?

2021-12-28T14:20:54-05:00By |Advice, Property Management, Rentals|

If you’re planning to add to your portfolio of Central Florida residential real estate investments in 2022, it is a good idea to first consider the anticipated outlook and trends for the area. That way, you will know better what to anticipate. According to the national real estate brokerage, Redfin, the housing market in Orlando, [...]

21 12, 2021

How to Protect Yourself as a Landlord in Florida

2021-12-28T14:11:35-05:00By |Advice, Insurance, Property Management, Rentals, Tenant Relations|

If you own residential rental property, then you likely already know that you must wear many “hats.” For instance, you need to advertise vacancies, screen potential tenants, and collect rent (and security deposits). There is also the day-to-day maintenance items, such as making sure that the property is habitable (which can include things like no [...]

27 10, 2021

Staying Compliant When Advertising for Tenants

2021-10-27T14:52:52-04:00By |Advice, Marketing, Property Management, Tenant Relations, Tenant Screening|

Anyone who has ever owned residential rental property has likely either had the “tenant from hell,” or knows somebody who has. Bad tenants can do a lot of damage to your property, which oftentimes requires expensive repairs and/or replacement of broken items. When advertising for a vacancy, it would be great to state a list [...]

13 10, 2021

Should You Own Rental Property in an LLC?

2021-10-06T17:32:20-04:00By |Advice, Property Management|

Depending on how many rental properties you own, you may treat your real estate investing as either a personal “side gig” or as a full-fledged business. But in any case, the way in which you own your rentals could protect you financially, or on the other hand, put you at substantial risk if certain incidents [...]

8 09, 2021

How Much Could It Cost You to Sell Your Investment Property?

2021-09-08T20:10:19-04:00By |Advice, Financing, Investing, Investment Property Location|

If you own one or more residential rental properties, you may have considered selling – particularly in the hot real estate market we have seen over the past year or so. But even if you have a substantial amount of equity in your property(ies), it is still necessary to determine the various expenses you could [...]

1 09, 2021

Pros and Cons of Homeowners’ Associations (HOAs)

2021-09-01T19:07:49-04:00By |Advice, Financing, Investing, Investment Property Location|

Depending on where your investment properties are located, it is possible that you may have to deal with a homeowners’ association, or HOA. There are many “planned” residential communities – with single-family and/or multi-family units – that maintain a homeowners’ association in order to keep a clean and cohesive atmosphere throughout the neighborhood. These associations [...]

25 08, 2021

Does It Make Sense to Refinance Your Rental Property Before the End of 2021?

2021-08-25T22:58:18-04:00By |Advice, Financing, Investing, Investment Property Location|

With mortgage rates still at near record lows, many experts are predicting that they will remain at these levels throughout the remainder of 2021 and beyond. So, with the opportunity to borrow being in the neighborhood of 3%, does it make sense to refinance your investment property(ies), or to instead hang on to loans with [...]

19 08, 2021

How the COVID Delta Variant Could Impact Residential Rental Property Owners

2021-08-19T14:03:24-04:00By |Advice, Evictions, Investing, Investment Property Location, Property Management|

Just as many restaurants and other businesses in the U.S. have started to open back up, the “new” COVID-19 Delta variant is picking up steam – leaving many to wonder when or if the pandemic will ever end. With new lockdowns in Asia and Australia, it is likely just a matter of time before the [...]

11 08, 2021

Can You Use Retirement Funds to Buy Investment Property?

2021-08-11T14:05:04-04:00By |Advice, Investing, Investment Property Location, Investor Mentality|

For many people, the bulk of the money that they’ve saved is in an employer-sponsored retirement plan (such as a 401k) and/or IRA account. So, in order to access these funds to purchase certain “tangible” assets like real estate, you could face some significant penalties – on top of losing the tax-advantaged status of the [...]

4 08, 2021

Real Estate Investment Scams to Look Out For

2021-08-04T17:47:49-04:00By |Advice, Investing|

If you’ve ever had trouble sleeping or you’re a night owl, it is possible that at some point you have run across ads for real estate investment courses that will teach you “how to make millions with rental properties.” The way these oftentimes work is by luring in unsuspecting people who are seeking more information [...]

28 07, 2021