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 [...]

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. [...]

16 12, 2020

How Will Florida Real Estate Fare in 2021?

2021-03-26T15:00:57-04:00By |Making Money, Orlando Real Estate|

With the bulk of a very tough year (2020) behind us, many are wondering how 2021 will fare – and in particular, the housing market. Whether you own your primary residence and/or invest in residential rental property, housing values could represent a significant component of your overall net worth. According to the National Association of [...]

11 11, 2020

Amendment 5 and Florida Real Estate

2021-03-26T15:41:03-04:00By |Legal Advice, Property Management|

In addition to choosing who will get the job of U.S. President for the next four years, the November 2020 election also includes some items of local interest that pertain to Florida property owners. One of these – Amendment 5 – has to do with the state constitution. This amendment to the Florida constitution would [...]

4 11, 2020

Items to Consider with Senior Citizen Tenants

2021-03-26T16:13:03-04:00By |Legal Advice|

Florida has long been known as a great place to retire, or even to live temporarily during the cold winter months up north. So, it is possible that you could have seniors residing in your rental unit(s). If so, there are some important factors to consider both before you sign a lease with a senior [...]

21 10, 2020

Should Tenants Make Repairs on Your Property?

2021-03-26T16:24:52-04:00By |Advice|

Over the course of time, it’s pretty much a given that items in a home will require repairs or replacement. Appliances and HVAC systems typically have a certain life span. The shingles on the roof may break or blow away – especially in areas like Florida where hurricanes regularly occur. Likewise, kitchen cabinets, sinks, and [...]

16 09, 2020

Does a 1031 Exchange Make Sense for Rental Property?

2021-04-08T21:57:45-04:00By |Taxes|

If you’ve been looking for a way to upgrade your real estate investment portfolio but at the same time reduce – or even eliminate – the taxes that would be due on the sale of your current holdings, a 1031 exchange could be a viable strategy for you. A 1031 exchange entails swapping out one [...]

9 09, 2020