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 [...]

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 [...]

27 10, 2021

Staying Compliant When Advertising for Tenants

2022-04-25T15:00:35-04:00By |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 [...]

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 [...]

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. [...]

22 06, 2021

What Questions Should You Be Asking Potential Tenants?

2021-06-22T15:23:07-04:00By |Advice, Property Management, Tenant Relations, Tenant Screening|

Owning investment real estate can require a significant amount of up-front – and ongoing – investment, including a monthly mortgage payment, as well as maintenance and insurance costs. So, the last thing you want is for a tenant to damage or destroy anything in or associated with the property that will cost you both time [...]

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 [...]

6 01, 2021

How to Safely Show Rental Property During the COVID-19 Pandemic

2021-03-26T14:53:38-04:00By |Property Management, Rentals, Tenant Relations|

  Safeguarding your rental properties should be a priority at all times. But during the COVID-19 pandemic, it can be particularly important for keeping yourself, as well as your current and potential future tenants out of harm’s way. The good news is that people still need a place to live, even in these challenging times. [...]

12 02, 2020

What is Considered “Normal” Wear and Tear on a Rental Property?

2021-07-13T16:45:18-04:00By |Home Inspection, Maintenance, Regulations, Tenant Relations|

As the owner of residential rental property, it’s a given that a home or apartment unit will require cleaning when a tenant moves out in order to get it up to par for the next. But depending on how your property looks upon inspection, determining the lines between what is normal and what is excessive [...]