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 [...]

23 02, 2022

How to Price Your Rental Property and Attract Good Tenants

2022-04-25T14:08:52-04:00By |Property Management, Rentals, Tenant Relations|

Coming up with what to charge for your rental property(ies) can mean the difference between finding (and securing) tenants right away or scaring off potential renters and having to carry the costs of an empty unit. There are several key factors that should be considered before you nail down an appropriate rent price for an [...]

19 01, 2022

How to Automate Your Income Stream By Setting Up Rent Payments Online

2022-04-25T14:17:07-04:00By |Property Management, Rentals, Tenant Relations|

The Internet can offer multiple advantages to rental real estate investors. Just some of these include the ability to show your vacancies 24/7 (without having to meet every potential tenant in person), as well as allowing applications to be completed and money to be collected for security deposits and monthly rent. In fact, for many [...]

12 01, 2022

How to Generate More Net Income from Your Rental Property

2022-04-25T14:18:20-04:00By |Property Management, Rentals, Tenant Relations|

Without raising the monthly rent! Owning residential rental property can provide you with a steady “passive” income source. But while many real estate investors rely on only the monthly rent as their incoming cash flow and profit producer, there are actually a number of other ways to increase your ultimate bottom line. These include bringing [...]

28 12, 2021

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

2022-04-25T14:21:03-04:00By |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

2022-04-25T14:44:17-04:00By |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 [...]

30 06, 2021

Single Family versus Multi-Family Property

2021-06-30T23:46:01-04:00By |Advice, Property Management, Rentals, Tenant Relations|

Which is the better investment? If you’re planning to expand (or start) your real estate investment portfolio, you may be considering whether it makes sense to purchase single family or multi-family units. Both options can provide you with some nice benefits. But not all types of property are right for all residential real estate investors. [...]

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 [...]

3 02, 2021

Stimulus Relief for Florida Investment Property Owners

2021-03-26T14:21:31-04:00By |Financing, Investing, Property Management, Rentals, Taxes|

  While much has been said about COVID-19 stimulus relief for individuals and businesses – including a moratorium on evictions and rent payments for tenants - not a lot has come to the forefront regarding investment property owners and their ability (or inability) to pay their own bills. That is, until recently. In the waning [...]

27 01, 2021

How the Coronavirus Pandemic Could Help Florida Rental Property Owners

2021-03-26T14:33:20-04:00By |Property Management, Rentals, Tenant Relations|

  Rental Property Advantages Although the COVID-19 outbreak has caused countless hardships for individuals and businesses, there are actually some industries that are thriving. One of those is the housing market. But, while low mortgage rates are enticing to home purchasers, not everyone is ready to buy. So, if you own residential rental property in [...]