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21 10, 2020

Should Tenants Make Repairs on Your Property?

2020-10-21T13:29:33-04:00By |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?

2020-09-16T20:44:19-04:00By |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

With Record Low Mortgage Rates, Is It A Good Time to Add to Your Portfolio of Rental Properties?

2020-09-09T13:37:23-04:00By |Advice, Investing|

The Coronavirus pandemic has brought about numerous changes. One of these is record low mortgage rates – and because of that, the U.S. housing market has been on the rise. In fact, as of mid-August (2020), sales of existing homes jumped by roughly 30%, following a three-month slump, and leading to a seller’s market. Housing [...]

2 09, 2020

3 Types of Must-Have Insurance Coverage for Real Estate Investors

2020-09-02T16:47:49-04:00By |Insurance|

Owning rental real estate can be an expensive endeavor, which oftentimes requires taking on a hefty mortgage and entrusting the care of your investment to tenants (who are usually perfect strangers prior to renting from you). With that in mind, it just makes sense to protect your property(ies) from potential dangers that could cost you. Insurance [...]

26 08, 2020

Who is Impacted by the Latest Eviction Moratorium in Florida?

2020-10-08T11:37:03-04:00By |Landlord Advice, Legal Advice, Regulations|

With the comeback of Coronavirus cases in the U.S. over the past few weeks, many businesses have had to again revise their re-opening plans (if they are even able to open back up at all). These updates include rental property owners in the Sunshine State. In the latest pandemic-related eviction moratorium – which extends to September [...]

12 08, 2020

Are Florida Landlords Responsible for Installing Hurricane Shutters?

2020-08-12T20:47:51-04:00By |Advice, Storm preparation|

With the 2020 hurricane season squarely upon us, most homeowners and tenants alike are concerned about making preparations and staying safe. One of the most common methods for keeping windows and doors in-tact is the installation of hurricane shutters. These shutters – which are typically affixed to the outside of a structure – are used [...]

5 08, 2020

Just How Bad Can the Coronavirus Crisis Get for Florida Landlords?

2020-08-05T13:30:18-04:00By |Landlord Advice, Property Management|

With the resurgence of Coronavirus cases in the Sunshine State over the past few weeks, the financial impact is widening, too. In fact, according to the Household Pulse Survey from the United States Census Bureau, more than one-third of adults in Florida reported that they missed their June rent or mortgage payment and/or will not [...]

24 06, 2020

Can the Stock Market Impact Rental Housing Prices?

2020-06-25T12:58:32-04:00By |Advice|

With the roller coaster stock market movements over the past several months, it is not uncommon to see daily – or even hourly – up and down swings in the three- and four-digit range. So, if you have any equity and/or other market-related holdings, you may be worried about how these unpredictable stock market shifts [...]

3 06, 2020

3 Best Websites to Advertise Rental Property

2020-06-03T17:50:19-04:00By |Advice, Landlord Advice|

As we continue to move through our “new normal,” it is clear that many types of business transactions will take place online going forward. This includes how we advertise investment property for potential new tenants. But with so many sites available on the Internet, how can you narrow down the best ones? Here are three [...]

27 05, 2020

What to Expect When Orlando Reopens the Economy Following the COVID-19 Quarantine

2020-05-27T13:24:39-04:00By |Florida, Orlando Real Estate|

With many business owners and consumers alike getting anxious about the Coronavirus stay-at-home orders, Orlando and Central Florida have taken some steps that reopens the economy. But even so, it is unlikely that things will go back to “normal” any time soon – if ever. Based on Governor Ron DeSantis’ announcement, businesses and other organizations [...]

20 05, 2020

How to Get Rid of Bad Tenants – Even During the Coronavirus Eviction Moratorium

2020-05-20T13:05:55-04:00By |Landlord Advice, Legal Advice|

Eviction Moratorium For over a month now, Florida landlords (along with rental property owners across the U.S.) have not been allowed to evict tenants for non-payment of rent due to the COVID-19 crisis. This, in turn, can make it difficult for real estate investors to pay any expenses that they have regarding their property(ies), such [...]

22 04, 2020

How to Show Rental Property During the COVID-19/Coronavirus Crisis

2020-04-21T21:01:14-04:00By |Advice, Property Management|

While most of the country is staying home to help stop the spread of the COVID-19 (coronavirus), others need to continue conducting business as usual – and this includes rental property owners and landlords. So, how can you safely show rental property in Florida to prospective tenants during these challenging times, while still maintaining social [...]

15 04, 2020

Collecting Rent During the Coronavirus Pandemic

2020-04-15T14:24:22-04:00By |Landlord Advice|

With millions of people losing their jobs – and in turn, their income – during the coronavirus pandemic (COVID-19), it can be difficult at best for tenants to make their monthly rent payments. But, while skipping what is oftentimes the biggest living expense each month can ease financial hardship for tenants, it can have a [...]

25 03, 2020

When to Take Legal Action Against Your Tenant(s)…And When to Just Let It Go

2020-03-25T13:31:53-04:00By |Legal Advice, Orlando Landlord Tips|

After a recent story has surfaced in the Orlando Sentinel about a Volusia woman being arrested for “throwing a bucket of human feces at her landlord,” it may leave residential rental property owners wondering when legal action against a tenant is necessary, and when to just let things go, waiting for the lease to end [...]

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 [...]

11 03, 2020

How Passive is Your Rental Income?

2020-03-11T16:10:05-04:00By |Property Management|

If you’ve ever watched the late night informercial “gurus,” at one time or another you have likely run across some that tout how “easy” it is to find and buy property, locate the right tenant(s), and then sit back and let the “passive” income roll in. Yet, while the actual process of owning rental real [...]

12 02, 2020

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

2020-02-12T19:14:45-05:00By |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 [...]