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3 08, 2022

Should You Have a Homeowner’s Warranty on Your Residential Rental Property(ies)?

2022-08-19T14:27:51-04:00By |Insurance, Landlord Advice, Property Management, Tenant Relations|

When you own residential rental property, you run the risk of items like appliances and major systems (such as the furnace and air conditioner) breaking – even if it is just due to normal wear and tear. Unfortunately, paying to repair or replace these items can be expensive, and it can ultimately cut into [...]

20 07, 2022

Is the Florida Real Estate Market in a Bubble?

2022-08-19T14:10:14-04:00By |Insurance, Investing, Landlord Advice, Property Management, Tenant Relations|

Almost since the COVID-19 pandemic hit the U.S. in early 2020, both the stock market and the real estate market have moved in unpredictable directions. But, while stocks have moved in value both up and down, real estate prices – at least in most areas – have continued to increase…with many homes and properties selling [...]

6 07, 2022

What Does the Future Hold for Florida Multi-family Rental Property Owners?

2022-07-13T17:10:10-04:00By |Landlord Advice, Multi-Family Investing, Multi-Family Properties, Property Management, Tenant Relations|

Over the past two years, there has been a multitude of surprises in the real estate industry – both for homeowners and residential rental property owners alike. First, as the COVID-19 pandemic initially hit the U.S., the massive job losses led to the inability to pay rent for millions of tenants – which in [...]

15 06, 2022

How a Volatile Stock Market Can Impact Rental Property Investments

2022-06-15T14:38:00-04:00By |Investing, Landlord Advice, Property Management|

If you own equities like stocks and mutual funds, also owning investment real estate could be a nice way to diversify and “balance out” your overall portfolio. This is particularly the case when the stock market is volatile – a situation that has become more of the rule than the exception over the past few [...]

25 05, 2022

With Rising Interest Rates, Does It Make Sense to Finance Investment Property Through a Bank or Traditional Lender?

2022-05-25T16:32:37-04:00By |Investing, Landlord Advice, Property Management|

Over the past decade or so – and particularly since the COVID-19 pandemic hit the United States in 2020 – mortgage interest rates have been sitting at historical lows. This, in turn, has sparked a home buying frenzy, with many properties selling at far above their asking price, yet with low monthly payment requirements. As [...]

18 05, 2022

Thinking About Buying a Foreclosure as Your Next Rental Property?

2022-05-25T16:26:39-04:00By |Landlord Advice, Maintenance, Property Management, Rentals|

Here’s what you need to know first! As a residential real estate investor, it is possible that you keep your eye on properties that are either going into foreclosure or that are already foreclosed upon and may still be purchased – oftentimes at a steep discount. But, while some foreclosures can certainly offer the opportunity [...]

11 05, 2022

Sunbelt Rental Property Highs and Lows in Early 2022

2022-05-04T16:50:24-04:00By |Landlord Advice, Maintenance, Property Management, Rentals, Tenant Relations|

With properties still selling in many areas at above asking price, a significant number of would-be homeowners have been forced to remain on the sidelines – at least for a while longer – and continue to rent their living space…and as a residential rental property owner, this can be profitable for you, particularly if your [...]

4 05, 2022

How to Manage Rental Property Long Distance

2022-05-04T16:44:18-04:00By |Landlord Advice, Maintenance, Property Management, Rentals, Tenant Relations|

While many rental property owners keep their real estate investments close to home, that isn’t the case for others. One popular area to own residential rental homes or units is Orlando / Central Florida, due in large part to its long list of attractions and its year-round temperate climate. Although long-distance rentals can certainly be [...]

27 04, 2022

Considering Making Updates to Your Rental Property

2022-04-25T13:46:10-04:00By |Landlord Advice, Maintenance, Property Management, Rentals, Tenant Relations|

Here is the #1 most profitable improvement to make in 2022 If you’re considering making some improvements to your rental home(s) or unit(s), you may have visions of granite countertops and shiny stainless steel appliances in the kitchen, or brand new bathroom faucets and showers. But you may be surprised to learn that none of [...]

21 07, 2021

How to Have a Pet-Friendly Rental While Keeping Your Property Protected

2021-07-21T13:44:45-04:00By |Landlord Advice, Pets, Property Management, Tenant Relations|

For many people, pets are part of the family. So, by not opening up your residential rental property to pet owners, you could be eliminating a significant percentage of the potential tenant pool. On the other hand, some pets can cause damage to floors and other areas of your investment property. With that in mind, [...]

7 07, 2021

What the Extended Eviction Moratorium Means for Florida Rental Property Investors

2021-07-07T15:12:37-04:00By |Evictions, Florida, Landlord Advice, Property Management, Tenant Relations|

In 2020, with the COVID-19 pandemic sweeping through the U.S., thousands of jobs were lost, and businesses closed, in turn, impacting the income of millions of people from coast to coast. In order to help ease the financial strain, the Federal Centers for Disease Control and Prevention (CDC) ordered landlords from evicting tenants for non-payment [...]

12 05, 2021

How to Manage Your Rental Property Like a Pro

2021-05-12T12:28:31-04:00By |Investing, Landlord Advice, Property Management, Rentals|

Investing in residential real estate goes far beyond just purchasing homes and finding tenants to live in them. Being a property investor is a business – regardless of whether you own one unit or hundreds. So, in order to better ensure success, there are some property management tips that you should ideally follow. These include: [...]

26 04, 2021

Preparing Your Investment Property for Hurricane Season

2021-04-28T13:33:30-04:00By |Investing, Landlord Advice, Property Management, Rentals|

With the upcoming hurricane season quickly approaching, there are some ways that you can prepare ahead of time to protect your investment property – as well as to protect your tenants. Taking certain types of precautions can save you from having to make costly repairs in the future. It can also prove to your renters [...]

24 02, 2021

Are You Charging Enough Rent for Your Florida Investment Property?

2021-03-26T12:05:05-04:00By |Investing, Landlord Advice, Property Management, Rentals|

  One of the biggest reasons that investors purchase rental property is for the ongoing income stream it can provide. Oftentimes, the amount of monthly rent that can be charged is based on the size of the property and the amenities it offers (such as furnishings, laundry facilities, etc.) But location also has a lot [...]

17 02, 2021

Can Rental Income Impact Your Social Security Retirement Benefits?

2021-03-26T12:08:17-04:00By |Investing, Landlord Advice, Maintenance, Property Management, Rentals|

  With life expectancy being longer today, it is not uncommon for people to spend 20 or more years in retirement – with much of that time being active and pursuing new opportunities. But if you’re receiving Social Security retirement benefits prior to reaching your “full retirement age,” other income streams could trigger taxes on [...]

10 02, 2021

Should You Rent Your Investment Property Furnished or Unfurnished?

2021-03-26T12:24:19-04:00By |Investing, Landlord Advice, Maintenance, Property Management, Rentals|

  If you’re looking for ways to make your rental property stand out – as well as strategies for charging higher monthly rent – you may have considered offering furnished units. But, while doing so could be more enticing for potential tenants, it may or may not necessarily be the best or most cost-effective way to [...]