Is An Oral Lease Legitimate?
Oral leases are becoming more common nowadays, and you may find yourself discussing one with a possible tenant. Yes, both landlord and tenant can agree on a lease without written documentation, which will still be valid. But even though it’s convenient, this type of rental agreement still has some risks. Is an Oral Lease Legally Enforceable? Sometimes, a prospectiveRead more
Florida Squatters Law: What Landlords Should Know
Squatters are a growing problem in Florida. The state government responded to the complaints by implementing a Florida squatters law in 2024. The law strives to make it easier for real property owners to remove squatters from their land and real estate. What is the Florida Squatters Law? Property owners in Florida have reported squatters illegally occupying homes andRead more
How To Go About Renting To College Students In Florida
Renting to college students is completely different from renting to regular tenants. While they can be an excellent source of funds, the demographic comes with specific quirks landlords must be prepared for. College students have different priorities and responsibilities, which may affect what they're looking for and how they use the rental property. What are the Considerations When RentingRead more
15 Tips On Renting Out A Condo In Florida
Renting out a condo in Florida can be very lucrative, especially in high-demand areas. There are some key considerations to keep in mind, though, as becoming a landlord isn't as easy as simply listing a property online and collecting checks. If you want to be a successful landlord in Florida, it is important to cover all your bases. WhatRead more
Should Landlords Provide Air Conditioning?
Air conditioning is an important part of day-to-day living for many, especially in the summer. This prompts tenants to ask the question: should landlords provide air conditioning? The answer depends on various factors. Do Landlords Need to Provide Air Conditioning? Is the landlord responsible for the air conditioner? Are landlords required to provide air conditioning by law? The answerRead more
A Guide To Pet Screening For Rentals (For Landlords and Property Managers)
Landlords have an inherent right to allow or disallow pets in their rental property. When they choose to allow pets, it's best to conduct a thorough pet screening for rentals beforehand. This process mitigates potential problems down the road — for both the landlord and tenant. What is Pet Screening for Rentals? Pets have always been a crucial partRead more
How To Make A Solid House For Rent Advertisement
A proper house for rent advertisement is essential to finding high-quality tenants. How do you create an effective ad to attract people to your property? Let's look into the key elements you need for a house rent ad. How to Make a House for Rent Advertisement Prospective tenants are always on the hunt for the best deals. They wantRead more
What Can Landlords Do With Rising Property Insurance Costs?
Rising property insurance costs are a growing problem for landlords. These add up to their monthly expenses and may significantly impact profitability. However, there are several things landlords can do to adapt to these increasing insurance premiums. Rising Property Insurance Costs The rising property insurance costs may seem surprising to some, but it's not entirely unexpected. Natural disasters suchRead more
Is Investing In Houses And Apartments In Jacksonville FL Worth It?
The homes and apartments in Jacksonville FL are considered some of the state's most desirable real estate investments. Why is the city such a hotspot for rental properties? Let's find out. Are Apartments in Jacksonville FL Worth Investing In? Yes, Jacksonville FL apartment complexes and houses are certainly worth investing in. Let's take a look at some of theRead more
Turnkey vs Fixer Upper Homes: What’s A Better Investment?
Investors usually buy two kinds of homes: turnkey vs fixer upper properties. However, which kind of home is the best choice for investors? There are several factors to consider. What Is a Turnkey Property? Before we get into the turnkey vs fixer upper debate, we must define both terms. What is a turnkey property? Simply put, these properties areRead more
Top 7 States With The Most Insects
A recent report has shown the state with the most insects based on search data. This is a significant issue for all rental property owners as pests can jeopardize their investment. After all, pest infestations can make the living space uninhabitable. Properties that repeatedly become infested might also cost more money than they're worth. The State With the MostRead more
Enforcing The 3-Day Notice In Florida As A Landlord
Landlords can give tenants a 3-day notice in Florida to ask them to pay for rent. Otherwise, the landlord has the right to evict the tenant. However, how does a landlord enforce this rule? What requirements must they follow? Let's find out. What Is the 3-Day Notice in Florida? As part of the rental agreement, tenants must pay theRead more
Florida Housing Market Predictions In 2025
What are the Florida housing market predictions in 2025? For stakeholders, including real estate agents, home sellers, home buyers, and renters, these yearly predictions help determine what they should buy, sell, or invest in. Florida Housing Market Predictions for 2025 Florida’s real estate market experienced highs and lows in the third quarter of 2024. Despite a rise in inventory,Read more
Unauthorized Pet In Rental: How To Deal With This Situation?
Dealing with an unauthorized pet can be a huge headache for property owners and landlords. After all, pets can wreak havoc on rental property and even disturb the peace within the community. Here are some steps to take when a tenant has an unauthorized pet in a rental property. Review the Rental Pet Policy Every lease agreement should clearlyRead more
Rental Property Fall Maintenance For Your Florida Home
Rental property fall maintenance is imperative, even in the Sunshine State. That's because the temperatures change during this time of the year. Rental property owners still need to do a few things to keep their tenants comfortable and protect their investments. What to Prepare for Rental Property Fall Maintenance Florida might be sunny all year round, but weather reportsRead more
Hurricane Checklist For Landlords: Keeping Tenants Safe
Preparing a comprehensive hurricane checklist can help landlords keep their tenants and properties safe. It's always good to be alert, especially during hurricane season. Staying prepared can help mitigate risk and damage. It's crucial for properties in at-risk areas. Hurricane Checklist: How to Prepare for a Hurricane How can a landlord prepare their properties and tenants for a hurricane?Read more
What Is A Rent Concession And When Should It Be Offered?
Offering a rent concession can be beneficial for property owners and landlords. However, the concept can be confusing or intimidating for new landlords. What is a rent concession, and how is it beneficial? Moreover, when should a landlord offer it? What Is a Rent Concession? A rent concession or lease concession is a kind of agreement between a landlordRead more
12 Tips On Fire Safety For Rental Property Owners
Taking care of fire safety for rental property is one of the most important duties of a property owner. That's because fires are dangerous and can lead not only to the loss of property but also to the loss of life. Even if your insurance policy covers fires, it's still crucial to follow proper fire safety regulations for landlords. Read more
Tenant Not Moving Out On Time: What’s The Right Thing To Do?
A tenant not moving out can be stressful for most landlords. After all, landlords may already have plans to rent out the existing property. They may even have a new contract signed with someone else. What should a landlord do if the tenant won't leave? Let's find out. What Is a Holdover Tenant? When tenants won't move out afterRead more
9 Most Common Rental Problems And How To Address These
Rental problems can always be a big source of headaches for landlords. These problems range from conflicts with tenants to unrelenting infestations in the property. They can quickly deplete your time, resources, and energy. Hence, it's good to stay aware of what you might face and how to handle them. Common Rental Problems What problems are the most common?Read more
Short-Term Rental vs Long-Term Rental In Florida: Which One Is For You?
Between a short-term rental vs long-term rental, which is the better choice? Each one has its pros and cons. However, there are many factors you should consider before deciding whether to put your property up for rent. What’s the Difference Between a Short-Term Rental vs Long-Term Rental? Every state defines short term vs long term rentals differently. Hence, it’sRead more
13 Top Things Modern Renters Look For In A Rental Home
It is important for rental property owners to cast a wider net when searching for potential tenants. This means adapting to the ever-changing wants and needs of the market, including modern renters. What Features and Amenities Do Modern Renters Want? The rental market is experiencing a shift in terms of demographics. As older generations exit, younger generations enter theRead more
Is Your Tenant Smoking? Here’s How To Prove And Address It
A tenant smoking in a rental property can be a huge problem for a landlord. But how can you prove that your tenant has violated your no-smoking policy? And what can you do to address it? Is Your Tenant Smoking? Here's How to Tell Many rental properties have no-smoking policies for a number of reasons. First, smoking is aRead more
7 Tips To Be A Successful Long Distance Landlord
Being a long distance landlord comes with many challenges. When you are miles away from your rental property, it can be difficult to tend to it effectively. But there are some tips you can employ to make the job easier. How to Be Long Distance Landlord Contrary to popular belief, being a landlord isn't a walk in the park.Read more
What’s The Average Property Management Fee In Florida?
Although hiring a property manager is very beneficial, there are many considerations landlords make before taking the plunge. One of these is the average property management fee. How Much Is the Average Property Management Fee in Florida? Property management is a booming industry in the United States. With nearly 44 million renter-occupied units, this does not come as muchRead more
10 Steps To Get Your Property Ready To Rent
Landlords often need help finding tenants for their rental properties. And this is mainly due to properties not being ready to rent. Fortunately, there are some steps you can take to fix that. How to Make Your Home Ready to Rent If you are still looking for tenants for your rental, the first thing you should do is assessRead more
What Is The Florida Sales Tax on Commercial Real Property Leases?
The state of Florida collects a sales tax on commercial real property leases. Unfortunately, not all landlords know about this tax and risk facing serious penalties. Understanding the Florida Sales Tax on Commercial Real Property Leases The Florida state sales tax is the tax due on the total rent charged for leasing, renting, or granting a license to useRead more
Property Tax In Florida: What Property Owners Should Know
Thanks to its gorgeous beaches, diverse food and entertainment scene, and year-round sunny weather, Florida attracts countless new residents each year. But, before buying a home here, it is imperative to understand the tax implications. Here is what you need to know about property tax in Florida. Do Homeowners Pay Property Tax in Florida? Florida is known for having noRead more
10 Amenities Renters Look For In Florida
Finding tenants to occupy your rental property can be challenging if you don’t know how to understand the needs and wants of renters. One of the ways you can appeal to renters is to have the right amenities. But, what are the amenities renters look for anyway? Top Amenities Renters Want in Florida The rental market in Florida remainsRead more
Is Setting Up A Florida Home-Based Business Legal?
Many people run a Florida home-based business. It's a great way to stay at home while still earning a good income. But, is operating a business from home even legal in the Sunshine State? Florida Home-Based Business: A Rising Trend The COVID-19 pandemic forced millions of Americans to stay indoors for an indefinite period of time. Face-to-face gatherings, including in-officeRead more
Is The South Florida Real Estate Market Soaring This Year?
The South Florida real estate market is overvalued right now. But, what exactly are the factors that are contributing to higher prices for real estate? The State of the South Florida Real Estate Market in 2022 South Florida is known for many things — its sandy beaches, tropical climate, diverse culture, and leisure scene are definitely something to boastRead more
What Is The Florida Condominium Safety Bill? How Important Is It?
The Florida Condominium Safety Bill has been in the works for quite some time now. But, what exactly does this bill entail? And what are the recent developments surrounding it? What Is Florida Condominium Safety Bill? Has It Passed Into Law? The Florida Condominium Safety Bill, also known as the Florida Condo Inspection Bill, is a bill that wouldRead more
7 Reasons Why Landlord Insurance Is Worth Paying For
What is something every landlord should have? Landlord insurance. Unfortunately, far too many landlords underestimate their need for this very essential form of insurance. What Is Landlord Insurance? Simply put, landlord insurance is a type of insurance policy for any person who owns and operates a rental property. It is a specifically designed insurance for landlords and includes twoRead more
Lease Renewal And Extension: How To Go About It?
As a landlord, it is important that you know how to go about lease renewal. Knowledge of this process will make your job easier when the time comes for tenants to extend their lease. Why Offer a Lease Renewal? Being a landlord definitely poses a lot of advantages, chief among them being how lucrative the opportunity is. But, toRead more
How To Improve Your Lead To Lease Conversion
One of the most challenging aspects of managing a rental property is filling vacancies. Fortunately, there are some proven ways you can adopt to increase your lead to lease conversion. 9 Tips to Help Boost Your Lead to Lease Conversion When you manage a rental property, you will quickly find that some aspects of the job are easier thanRead more
Florida Real Estate Trends This 2022
As with many other states in the country, the Sunshine State has been experiencing a boom in the housing market as of late. But, what Florida real estate trends does the new year have in store? Expected Florida Real Estate Trends for the Year 2022 Florida is a highly sought-after destination for vacationers and home buyers alike. When theRead more
Christmas In Florida: Getting Your Vacation Home Rented Out
As temperatures start to drop and the weather grows unforgiving, more and more people flee their homes to vacation elsewhere this winter. Known for its sunshine, Florida is one of the states that sees the most visitors during this time of the year. If you are a rental property owner, take advantage of this opportunity and rent out your vacationRead more
Are Tenants Really Required To Be Vaccinated?
Landlords have made many absurd demands in the past. As COVID-19 vaccines continue to roll out, can landlords require these shots, too? Let’s take a look at the legality of the Florida tenant vaccine requirement. An Introduction to the Florida Tenant Vaccine Issue When the coronavirus outbreak hit the United States in 2020, it was nearly impossible to goRead more
Rental Property Management: Doing It Right!
Rental property management is an often complicated process that involves many moving parts. As such, it is usually hard to get it just right. What Is a Rental Property Management Company? A rental property management company manages rental units or homes in place of a landlord. These companies assume the tasks that a landlord would normally do, including rentRead more
Florida Property Tax: What Investors And Homebuyers Should Know
Before buying a home in Florida, it is important to familiarize yourself with the obligations that come with being a homeowner. One of those obligations is paying taxes. But, how much is Florida property tax anyway? Who Collects Florida Property Tax? In Florida, homeowners do not have to pay property taxes to the state government. Instead, it is the localRead more
What Is Rental Property Insurance And How Can It Protect Your Property?
Rental property insurance is a must-have for every rental property owner, but there is some confusion as to what it is and what protections it offers. Gain a better understanding of this insurance policy below. What Is Rental Property Insurance? Rental property insurance, also known as landlord insurance, is a type of insurance that protects rental property owners from covered costs.Read more
Keeping Rental Property Maintenance Costs At A Minimum
Maintenance is an essential part of managing a rental property. Regularly performing maintenance can save landlords a lot of money in the long run, but it also comes with expenses. Luckily, there are a few ways you can keep rental property costs low without sacrificing quality. How to Minimize Rental Property Maintenance Costs As the popular saying goes, "YouRead more
HOA Parking Rules: How Vacationers and Tenants Should Park Properly
Homeowners associations are no stranger to vacationers and tenants who are, in turn, not exempt from the rules of the community. When it comes to HOA parking rules, here is everything short-term and long-term tenants need to know. HOA Parking Rules: Are They Allowed? If you have ever lived in a community managed by a homeowners association, then youRead more
13 Best Vacation Spots In Florida: Know Where To Rent Your Next Vacation Home
Florida is a beautiful state overflowing with equally alluring and exciting attractions. If you're looking for your next travel destination, get to know the best vacation spots in Florida. The Best Vacation Spots In Florida You Must Visit Florida welcomes over 100 million visitors every year. While 2020 was an exception and saw a drop in visitors due to theRead more
How Is The COVID-19 Pandemic Affecting Short-Term Rentals In Florida?
As one of the most popular vacation destinations in the United States, Florida's tourist industry took a big hit when the coronavirus pandemic began. But, what exactly is the relationship between COVID-19 and short-term rentals in the Sunshine State? COVID-19 and Short-Term Rentals in Florida While the first cases of COVID-19 in the United States were reported way back in JanuaryRead more
15 Things To Do In South Florida
South Florida is a popular vacation destination — and for many good reasons. This part of the state offers plenty of outdoor activities, museums, and entertainment opportunities. Don't believe us? Check out the best things to do in South Florida below. You might also want to know that as more visitors flock South FL, there are more investment opportunities for propertyRead more
Top 10 Florida Cities With The Highest Rental Prices
Rental property investors are always on the lookout for the next lucrative investment. And, for that, the Sunshine State is the place to be. Here are the top 10 cities with the highest rental prices in Florida. Which Cities Have the Highest Rental Prices in Florida? When talking about states with the best rental property opportunities, Florida often comes toRead more
Common Housing Code Violations That Landlords Do
Upon signing a lease agreement, both landlord and tenant assume key responsibilities. For instance, tenants must pay rent each month. Meanwhile, landlords must ensure that the rental property is safe and habitable. Failure to make the necessary repairs can lead to housing code violations. As a tenant, it’s important to know housing codes and what you need to do if yourRead more
Holiday Real Estate: What’s Happening In The Industry During Christmas?
Ah, the holidays — a time when people feel the most cheerful and joyful. With so many activities occupying your time, real estate is probably the last thing on your mind. But, the thing about holiday real estate is that it is actually very lucrative. Holiday Real Estate: Breaking Down the Myth The holiday season is known as the busiestRead more
FAQs On Getting A Property Management License In Florida
If you want to become a property manager, you must obtain the proper license. This ensures that you are qualified and capable of fulfilling the duties and responsibilities of a property manager. Compared to other states, though, obtaining a property management license in Florida is different. Here are the answers to frequently asked questions to guide you through the process.Read more
How To Fill Rental Vacancies Faster?
Investment properties are only profitable if you have tenants to rent them out to. With rental vacancy rates at 5.7% in the second quarter of 2020, it’s important for property managers to employ certain strategies to attract potential tenants. Here are the top tips that will help you fill rental vacancies faster. 7 Helpful Tips to Fill Rental VacanciesRead more
A Move-In Checklist Guide For Landlords And Tenants
For both rental property owners and tenants, move-in day can be a source of great excitement. But, neither one should let themselves get lost in the activity. To shield both parties from future trouble and disputes, it is essential to prepare a move-in checklist. The Importance of a Move-In Checklist Every landlord and tenant can benefit from a rentalRead more
The Most Important Questions About Tenants And Landlords Answered
It’s important to know all the rules and legalities involved in renting out property. As much as possible, both tenants and landlords act to preserve their best interests. But if they do not see eye-to-eye on certain issues, they’re more likely to have conflicts along the way. If you want to have a good working relationship, keep in mind theseRead more
How To Avoid Florida Real Estate Scams
Florida real estate scams are on the rise, and many have already fallen victim to them. Protecting yourself from these types of Florida investment scams requires knowledge on how to spot them and what to do when faced with property management fraud. The Rising Frequency of Florida Real Estate Scams While more often associated with credit cards and theRead more
10 Most In-Demand Vacation Rentals In Florida
A good way to earn extra income is to rent out your property to vacationers, especially in a popular tourist area like Florida. But, which places draw in the most people? Here are the best vacation rentals in Florida. The Top Places for Vacation Rentals in Florida Florida remains one of the most popular tourist destinations in the UnitedRead more
What’s The Latest Florida Short-Term Rentals Regulations
Keeping up with Florida short-term rentals regulations is one of the most common problems property owners face on the regular. They can get overwhelming and downright confusing. Yet, awareness remains an essential part of renting out your property short-term in Florida. Be Aware of Florida Short-Term Rentals Regulations Florida has continuous appeal to individuals worldwide due to its fantasticRead more
How To Find The Best Vacation Rental Company In Florida
Property owners in Florida often opt to rent out their investments to make a little extra income. But, managing rental properties alone is no easy task. For the right expertise and proven procedures, look for the best vacation rental company in Florida. Tips for Selecting the Best Vacation Rental Company in Florida Florida has a fantastic climate and aRead more
Where to Find Property for Sale in Florida
Florida has become a very popular place to live in. For this reason, many investors from other states or countries have decided to acquire real estate there for a primary home, secondary home, and even investment. When looking for a property for sale in Florida, there are some important factors to consider. Looking for a Property for Sale in Florida?Read more
Important Information About Your Florida Rental Agreement
Rentals have become more commonplace in Florida. Whether you are a landlord or a tenant, it is important to familiarize yourself with the components of a Florida rental agreement. This way, you can save yourself the legal trouble. Your Guide to Creating a Florida Rental Agreement There are many appealing places to reside in Florida. This is why manyRead more
How To Market Your Property Management Company
Like any business, a property management company relies on clients to generate income and become profitable. Searching for clients can be a time-consuming and uphill battle, though. Make it easier by adopting some tactics to market a property management company. The Right Way to Market a Property Management Company As a property management company, you need to have a solidRead more
Top 9 Qualities Of Having A Good Property Manager
A good property manager can make a huge difference when it comes to the success of your investment property. But, how can you distinguish between an effective property manager and a bad one? When looking for top property managers, there are some qualities you must take into consideration. Characteristics of a Good Property Manager There are about 43 million housingRead more
9 Property Management Tips For A Loyal Clientele
Property management involves a lot of tedious work but if done right, it will lead to higher property values and happier residents. If you want to find a great property management company — or you’re a property management company looking to build a loyal clientele — here are essential property management tips to keep in mind. Consider These 9Read more
7 Benefits of Property Management
Property management requires a lot of time, effort, and expertise — which some property owners are unable to provide. If you are a property owner who simply wants to enjoy the fruits of your investment, consider hiring a property management company. Though it may be an added expense, it’s worth the price as you’ll be able to reap all theRead more
How To Benefit From Real Estate Social Media Marketing
In today's modern age, companies use social media to promote their brand and products all the time. The world of real estate is no exception. Here is how you can effectively use real estate social media marketing. Use Real Estate Social Media to Your Advantage Social media goes hand-in-hand with consumer engagement and helps boost your conversion rate. It hasRead more
9 Top Ways To Increase Profits From Rental Properties
The primary goal of purchasing rental properties is to earn money from it. But, with increased taxes on rental properties, it has become difficult for rental property owners to earn much profit if they do not know what to do. Many opportunities can be explored to boost profits from rental properties. Earn More Profits from Rental Properties There areRead more
How Property Managers Can Handle Late Rent Payments
Property managers can have leeway when dealing with tenants. However, when it comes to tenants with late payments, you must be firm. Leniency or improper handling of late rent payments can lead to major problems down the line. To protect your property, here’s how to handle late rent payments. Why Do Property Managers Need to Handle Late Rent Payments?Read more
How Has Property Management Online Marketing Changed The Industry?
The advent of the internet has revolutionized the property management industry — and for the better. Today, property management online marketing strategies have become a staple as they bring about numerous benefits for both businesses and consumers. Here’s what you need to know about online marketing for property management companies. What Are the Benefits of Property Management Online Marketing?Read more
A Guide For Hiring A Property Management Company
Hiring a property management company is one of the best decisions you can make as a property owner. Not only will it afford you more free time, but you can also benefit from professional management. When looking for a property management company, though, it is important to keep certain requirements in mind. Things to Consider When Hiring a Property ManagementRead more
Evolving Into Modern Property Management
Property management has come a long way in the past several years. Customers today certainly don't think the same way as customers did a decade ago, and modern property management must keep up with the changing times. But, what exactly has changed? Defining the Role of Technology in Modern Property Management Technology has affected every aspect of existence. From theRead more
What Every Beginner Should Know About Starting A Real Estate Investment
Investing in real estate is a great way to earn some extra money on the side. Starting a real estate investment, though, can be tough, and beginners often lack the necessary expertise or experience to navigate the many complicated avenues. Starting a Real Estate Investment for Newbies The real estate industry poses plenty of lucrative opportunities for anyone with reasonable capital.Read more
Are The Restrictive Covenants In Your HOA Legal At All?
If you want to join a planned community, you must agree to abide by the homeowner's association's covenants, conditions, and restrictions (CC&Rs). While some policies are easy to follow, there are also some restrictive HOA covenants. As a homeowner, it’s important to know whether restrictive covenants are legal and enforceable. The Basis of Restrictive Covenants in an HOA ToRead more
Finding Property Management Companies in Florida
With so many property management companies in Florida, how do you know which one to choose? As a property owner, you are entrusting your investment to someone else. That’s why it’s important to find a company that is experienced, professional, and trustworthy. Here are useful tips when finding a Florida property management company. How to Find Property Management CompaniesRead more
Do You Need To Hire A Property Manager?
Any rental property owner knows that it is a challenge to keep up with the day-to-day tasks of a landlord. A property manager can help lighten the load, allowing you to focus on other things. These are the reasons you need to hire a property manager. Why You Must Hire a Property Manager Property management is no easy feat —Read more
The Different Types Of Difficult Tenants And How To Deal With Them
Owning a rental property is a great way to earn passive income. Unfortunately, you run the risk of encountering difficult tenants at one stage or the other. Such tenants seem bent on giving you a hard time through incessant complaints and other debilitating demands. Some may even cause significant damage to your property or consistently pay their rent late. Read more
How To Gain Financial Freedom Through Property Investments
Purchasing property is a major financial decision but if you take care of your investment, it can lead to financial freedom. For this dream to turn into a reality, though, property owners must follow certain steps and strategies. You should also strive to learn as much about real estate as possible to make sound decisions throughout your journey to financialRead more
15 Questions You Must Ask A Property Management Company
Hiring a property management company is a major decision. Property owners need to make sure that they are entrusting their investment to the right people. Before you sign the contract, here are important questions to ask a property management company. Important Questions to Ask a Property Management Company With so many property management companies today, finding the right oneRead more
How Helpful Can Real Estate Facebook Marketing Be?
When done right, real estate Facebook marketing is a great way to reach a wide audience and generate leads. Sharpen your social media marketing skills using this helpful guide. How to Use Real Estate Facebook Marketing to Your Advantage Researchers have it that 2.95 billion of the world’s population have joined several social media platforms. And, with 2.5 billion monthlyRead more
How To Start A Property Management Company
Are you looking for a way to earn money from your organization and communication skills? You may have what it takes to start a property management company. Just like any business, though, there is a correct way to go about it. How to Start a Property Management Company in 9 Steps Property management is one of the most affordable andRead more
The Main Responsibilities Of Property Management Companies
As a landlord or property owner, it is important to understand the responsibilities of property management companies. That way, you can have clear expectations when you work with an established property management business. Defining the Responsibilities of Property Management Companies Real estate property management is easier said than done. It is a tedious task that involves the fulfillment of many propertyRead more
How To End Contract With A Property Management Company
Every beginning has an end, and that includes any partnerships or employment. In the world of property management, there will also come a time when a client wants to fire a property manager. But, how exactly should owners end contract with a property management company? The Proper Way to End Contract With Property Management Companies There are a couple ofRead more
How to Choose Property Management Companies?
Too many property owners go through bad experiences with their property managers. If you want to avoid problems with your property management company, you should start with the selection process. Learn how to choose property management companies that fit your needs and budget. Choose Property Management Companies the Right Way As a property owner, you can always opt toRead more
Understanding Your Property Management Contract
When you hire the services of a property management company, you enter into a binding agreement with them evidenced by a property management contract. As their client, you must understand this contract and know what it should contain. What Is a Property Management Contract? When you sign a contract with property managers, the document must not be taken lightly. The contractRead more
Self-Management vs Property Management
Self-Management vs Property Management — which one should you choose? For the longest time, property owners have been asking this question, trying to determine which option is the best way to go. On that note, let us break down how these two management routes differ and what each one poses in terms of advantages and disadvantages. Self-Management vs Property Management:Read more
9 Ways To Boost Resident Retention In Properties
Resident retention is one of the most important aspects of property management. In fact, to some rental property owners, your resident retention rate can make or break a deal. Luckily, keeping residents is not as hard a task as it may seem. The Best Resident Retention Tips You Must Follow Resident retention is one of the most important responsibilities ofRead more
Helping The Environment With Eco-Friendly Rental Properties
Green rentals have grown in popularity as people are starting to be more conscious of their impact on the environment. Apart from helping save Mother Earth, eco-friendly rental properties can also help your business in the long run. Here’s what you need to know about eco-friendly properties. What Are the Benefits of Eco-Friendly Rental Properties? With environmental degradation increasingRead more
What Is Property Management?
Many people become landlords without really knowing much about property management. Thus, they may struggle with essential responsibilities such as maintaining facilities, collecting rent, and screening tenants. In order to protect the value of your property, it’s important to be familiar with the basics of real estate property management. Here’s what you need to know. What Is Property Management?Read more
10 Wise Strategies To Help Renters Pay Rent On Time
Late rent payments aren’t always due to insufficient funds. It could also be due to a tenant’s forgetfulness, inconvenient payment methods, or lack of serious consequences for renters. No matter the reason, landlords must be able to collect on-time rent payments each month. Here are 10 wise strategies to help tenants pay rent on time. Why Tenants Need toRead more
9 Ideas To Attract Quality Tenants
One of the most challenging aspects of rental property management is to attract quality tenants. Yet, it remains an essential part of the job. That is why it is important to learn effective ways to attract good tenants. The Best Ways to Attract Quality Tenants Good tenants pay their rent on time and in full, take care of yourRead more
How To Choose The Best Vacation Homes In Florida
Florida remains one of the top vacation destinations in the United States — and for good reason. The Sunshine State is the perfect place if you want a combination of tropical fun and city living. As much as the destination itself, though, it is important to choose the right vacation homes in Florida to fully enjoy your stay. Learn toRead more
5 Steps To Deal With Demanding Tenants
In the rental market, landlords often encounter demanding tenants — the type to make unreasonable requests and pester you until you take action. Dealing with this kind of tenant can come as a challenge, especially if you lack the experience. Luckily, there are some tips you can follow to make the task easier. Dealing With Demanding Tenants in 5 EasyRead more
A Checklist For Winter Maintenance for Rental Properties
Although wintertime brings great joy to most people, for landlords, it means going through extra work to ensure their properties stay in tiptop shape. To make sure you don't miss any critical issues, prepare a checklist for winter maintenance for rental properties. A Guide to Winter Maintenance for Rental Properties As a landlord, it is part of your jobRead more
Is It Good To Accept Renters With Pets?
Sixty-seven percent of U.S. households own a pet. This number will only continue to rise in the coming years as pets have become a staple for millions of Americans. Based on these statistics, landlords are now asking whether it is good to accept renters with pets. Before you make a decision, here are important points to consider. Should YouRead more
7 Tips For Finding The Best Property Manager In Florida
Landlords want their investment property to be profitable. In most cases, this means putting your rental property in the hands of a very capable property manager. The search process can sometimes be overwhelming, though, so here are useful tips for finding the best property manager in Florida. How to Find the Best Property Manager in Florida Not everyone whoRead more
How To Deal With Renters With Money Problems
Property managers make it a point to choose tenants who are responsible and pay rent on time. But what happens if they fall on hard times? Medical emergencies, family issues, and unemployment can make it difficult for a once dutiful tenant to make monthly rent payments. As a property manager, it’s important to find a balance between being compassionate andRead more
Maintaining A Great Landlord-Tenant Relationship
A bad relationship with the landlord is one of the main reasons why tenants move out. For your rental property to prosper, it’s important to have a good relationship with tenants — and vice versa. A great landlord-tenant relationship not only helps your bottom line, but it can also make the work you do more enjoyable and rewarding. Here’s what youRead more
Rental Inspection Checklist: What To Look Out For
Property inspections are a normal part of property management. Whether as a landlord or property manager, you must conduct inspections on a regular basis to ensure the property stays up to standard. As such, it is always good to have a rental inspection checklist handy so you don't miss any important items. The Ultimate Rental Inspection Checklist It isRead more
11 Ways To Keep Tenants Happy
One of the secrets to secure long-term residents is to keep tenants happy. That job, though, is sometimes easier said than done. Property managers and landlords have to follow certain tips in order to ensure tenant happiness. Simple Tips to Keep Tenants Happy The tenant selection process can be a long and arduous one, but it is worth goingRead more
How To Become A Successful Property Manager
There is more to being a property manager than just maintaining properties and finding tenants. Property management is an all-around job. To become a successful property manager, it takes self-discipline and a willingness to develop your own skills. Turn Into a Successful Property Manager With These Tips Good property management relies on people — property managers. Whether you are a veteranRead more
Property Managers And Real Estate Agents: What’s The Difference?
It is easy to confuse property managers and real estate agents because of the similar nature of the two positions. But, even though both work in the real estate industry, there are some differences in responsibilities. Distinguishing Between Property Managers and Real Estate Agents Investors often interchange the terms "property manager" and "real estate agent." Though they work inRead more
9 Effective Ways to Find Tenants Fast
Every landlord wants to minimize their vacancy rate, but looking for tenants to rent your property is not always a simple task, especially if you don’t know where to begin. There are several methods you can use, though, to find tenants fast. How to Find Tenants Quickly and Easily The job of a landlord is often time-consuming and difficult.Read more