Property Management Blog

Investing in rental properties can allow you to earn lucrative returns, offering financial stability and long-term investment opportunities. Many new landlords often start with the intention of managing their rental properties themselves, believing that it will save them money.  While there are certainly benefits to being a DIY landlord, there are also significant pitfalls that […]

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Owning a rental property allows you to earn a passive income every month. But without a good rent collection process in place, there’s a higher risk of late and missed payments, misunderstandings, and losing track of your earnings.   Luckily, the rent collection process doesn’t have to be overly complicated! The best way to ensure you […]

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Being a full-time landlord can be an appealing idea due to the opportunity to have financial freedom and the ability to manage your own schedule. However, transitioning from being a part-time to a full-time landlord needs careful preparation, effort, and a thorough awareness of the obligations involved. Florida Property Management & Sales put together this […]

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Are you a landlord considering offering month-to-month rental agreements? If so, you may be wondering if it’s the better option for you and your business. For some landlords, a month-to-month rental agreement can offer more flexibility than a traditional lease. It allows you to give tenants a shorter commitment and provides an easy way to […]

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As a landlord, it’s your responsibility to ensure the safety and protection of your property. Yet a common source of potential damage is often overlooked: pets. If you allow tenants to bring furry friends, pet screening is always essential!  From reducing the wear and tear of the property to anticipating possible liabilities, numerous benefits come […]

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Owning rental properties is a double-edged sword. On the one hand, it can be an exciting venture full of investment possibilities. But on the other hand, there’s a hidden world of costs that often go unnoticed, quietly nibbling away at your profits. These overlooked fees add up quickly and can make or break a rental […]

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A sure-fire way to gain a regular rental income as a landlord is to reduce your rental vacancies. Tenant turnovers can interrupt your income and cost you time and money as you get your unit ready for new occupants. This is why an effective marketing strategy is essential to making sure your rental is vacant […]

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A well-maintained property will help you achieve higher rental prices, fewer vacancies, and increase your ROI! When a tenant moves out of your rental property, it’s crucial to conduct end-of-tenancy cleaning to ensure your rental is sanitary and in its best shape. End-of-tenancy cleaning is important not only for legal reasons but also to ensure […]

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Investing in out-of-state property can be a great way to diversify your portfolio, access new markets, earn better returns, and profit from tax benefits.  However, it also presents several challenges, such as distance, lack of local knowledge, legal differences, and management difficulties. It’s important to research and understand the unique characteristics of the market you’re […]

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As a rental property owner, you are expected to keep track of essential documents and will need to create a few yourself. Landlords are expected to write notices and other business letters, one of which is move-out letters. Move-out letters are necessary notices to send to your tenants just before the end of the tenancy. […]

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