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18 03, 2020

Is Orlando Really a Top City for Owning Rental Real Estate?

2020-03-18T14:40:17-04:00By |Advice, Orlando Real Estate, Rentals|

If you own rental property in Orlando and/or the surrounding Central Florida area, you’ve likely made a very good choice in terms of your investment. That’s because – in addition to the roller coaster stock market, where you could essentially lose thousands of dollars every day – a recent report from the landlord-software TurboTenant found [...]

18 12, 2019

House or Condo – Which is the Better Real Estate Investment in Central Florida?

2020-01-02T13:26:29-05:00By |Advice, Landlord Advice|

If you’ve been contemplating the purchase of a (or another) rental property in Orlando, you might be wondering whether a single family house or condo will be your better money-maker. The good news is that either answer could be right – depending on what you’re looking for in an investment. For instance, condominiums are typically [...]

4 12, 2019

Making Your Rental Property Stand Out

2019-12-04T21:10:46-05:00By |Advice|

Making your Orlando rental property stand out can be somewhat difficult with a plethora of other options available to renters. So, just like any other item or service that’s trying to gain the attention of purchasers, you’ll need to make your offering different. One way to do that is by sprucing up the kitchen with [...]

20 11, 2019

Is Florida Really a Landlord Friendly State?

2019-11-20T20:00:57-05:00By |Advice, Florida|

While the goal of many investment property owners is to generate a “passive” stream of rental income (as well as to garner several attractive tax-related benefits), the process can be easier in states that are considered to be “landlord friendly.” The good news is that Florida is one of those states! One of the top reasons [...]

11 09, 2019

How to Find Good Tenants in the Fall and Winter

2019-10-30T22:03:21-04:00By |Advice, Landlord Advice|

With the fall season quickly approaching, many investment property owners have concerns about finding good tenants for their vacancies. Similar to the process of selling a home in the fall and winter months, renters can be harder to find – especially those who have children that are just beginning a new school year (and don’t [...]

4 09, 2019

Can a 1031 Exchange Make Sense with Rental Property?

2019-10-30T22:27:53-04:00By |Advice, Taxes|

As a real estate investor, it’s likely that you’re already familiar with the many favorable tax-related benefits that owning rental property can have. Depreciation, expenses, and even the mortgage interest can offer some nice deduction opportunities each year at tax time. But what happens when you’re in the market to sell your current rental units and [...]

28 08, 2019

Easy and Inexpensive Tenant Screening Can Fill Your Vacant Properties Faster

2019-10-30T22:07:55-04:00By |Advice, Landlord Advice, Tenant Screening|

One of a rental property owner’s worst fears is having a vacant unit that requires ongoing carrying costs. In fact, the longer a property sits empty, the more expensive it can get both from a monetary standpoint, as well as the likelihood of vandalism. Even worse than a vacant unit, though, is filling a property [...]

24 07, 2019

Are Tenants in Florida Required to Have Renters Insurance Coverage?

2019-10-30T21:39:15-04:00By |Advice, Insurance|

Insurance is oftentimes considered a financial “necessary evil.” That’s because even though no one likes to pay any type of insurance premiums, when the time comes to file a claim, the benefits that are received are a welcome relief. So, as an investment property owner in Florida, are your tenants required to purchase renters insurance? In [...]

5 06, 2019

What to Expect During the 2019 Hurricane Season in Central Florida

2019-06-06T10:34:34-04:00By |Advice, Disaster Prep|

As another hurricane season is upon us in Central Florida, it’s time to think about how to prepare your Orlando rental properties, both physically and financially, to best minimize damage. During this time, which officially begins on June 1st and ends on November 30th, the formation of tropical cyclones in the Northern Hemisphere is more [...]

24 04, 2019

How to Protect Your Rental Property During Hurricane Season

2019-04-25T20:34:55-04:00By |Advice, Landlord Advice|

With another hurricane season right around the corner, it’s important to prepare your rental properties in Florida from potential damage that could occur. Each year, May 15th through November 30th are considered the peak dates for hurricanes to take place along both the Atlantic seaboard and the Gulf Coast. While you certainly can’t prevent hurricane [...]

10 04, 2019

Why Your Tenants Must Have Renters Insurance Coverage

2019-10-30T21:40:26-04:00By |Advice, Landlord Advice|

Any type of real property should be insured against potential damages. This is particularly the case in areas like Central Florida where the likelihood of natural disasters like hurricanes exists. But, while you can protect yourself and your investment with property insurance, what about the personal items of your tenants? This is where renter’s insurance [...]

20 02, 2019

Thinking About Becoming a Landlord in Orlando? Make Sure that You Avoid These Common Mistakes

2019-02-19T15:00:14-05:00By |Advice, Landlord Advice, Maintenance|

While owning rental property in Central Florida can certainly be a profitable endeavor – and a great way to earn “passive” income – being a landlord isn’t quite as easy as the late night real estate informercial gurus make it out to be. In fact, there are a number of common mistakes that are made by [...]

21 11, 2018

Is Being a Landlord Really Right for You?

2018-11-16T20:56:36-05:00By |Advice, Landlord Advice, Rentals|

While many people see the tremendous value in owning rental property – including both the income and equity it can provide – there is another factor involved with this type of investment that may not be so appealing to everyone. That is performing the duties of a landlord. “Landlording” can require you to be involved [...]

17 10, 2018

Are These Real Estate Investing Myths Holding You Back from Generating a Nice Income Stream?

2018-10-25T13:53:24-04:00By |Advice, Investing|

Although it is important not to fall for any and all financial-related “opportunities” – take, for instance, “getting rich while sitting in your underwear at your kitchen table” – there are also some instances where unfounded myths could actually be holding your back from generating a nice side, or even full-time, income stream. One such [...]

29 08, 2018

Tips for Purchasing Your First Rental Property

2018-08-30T20:51:52-04:00By |Advice, Investing|

If you’ve been sitting on the sidelines long enough, and you want to jump into the potentially lucrative field of rental property, now could be a perfect time to do so. But, before you dive headlong into the process, there are some important tips you need to keep in mind. Otherwise, it could cost you [...]

22 08, 2018

Thinking About Investing in Rental Property? Orlando Offers a Long List of Advantages

2018-08-21T20:06:51-04:00By |Advice, Investing|

If you’ve been thinking about taking the plunge into real estate investing, then Florida – and Orlando in particular – could provide you with numerous benefits. In fact, according to a recent survey by Forbes (1), O-town was ranked as the third best U.S. location for investing in real estate. There are several key reasons [...]

11 07, 2018

What To Do When It’s Time to Raise the Rent

2018-07-10T20:48:31-04:00By |Advice, Landlord Advice|

There comes a time in nearly every landlord's life when the amount of rent being charged to the tenants should be increased. But, just like with most any other product or service, "buyers" (or in this case, tenants) aren't typically happy when they are asked to pay more. This is particularly the case if they've [...]