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. […]
There are many reasons that can lead you to become a long-distance landlord. You could, for instance, relocate for work and decide to rent your old home instead of putting it up for sale. You may also have come across a great property while out of state and found it too good to pass up. […]
While it’s exciting to inherit a house, you need to understand that it comes with legal and financial responsibilities. You might also need to negotiate with siblings or other heirs. In many cases, property inheritance can cause unnecessary conflicts between relatives. When you inherit a house, we suggest first creating a short-term plan to maintain […]
Marketing your rental property is one of the most important steps to being successful in real estate. You will want to make sure that your rental property has a high occupancy so that it can generate sufficient cash flows to cover your expenses and realize a profit. As soon as your rental home gets vacated, […]
While there is a wide pool of renters out there looking for a place to live, many rental properties are also waiting to be occupied. As the competition in the rental market is quite tight, making your property look appealing to potential tenants is an important step in rental property investing. Whether you’ve bought a […]
Vacancies can be a real challenge for landlords. Among other things, they mean operating at negative cash flow. So, to be a successful landlord, it is imperative that you have strategies in place to help you find and retain quality tenants and keep your property rent-ready. One proven strategy for doing so is by investing […]
Water damage to a property is a challenge to resolve, but every year it impacts a large number of properties all over the country. Water damage is common because water runs in every home, and water leaks may only be detected after a while. Water damage is especially disastrous if it occurs in a rental […]
If you’re looking to boost your rental property’s attractiveness one of the best ways to do this is by improving curb appeal. The curb appeal of a home gives the first impression and first impressions matter, especially when it comes to attracting potential tenants. If your property’s curb appeal is uninspiring even if it’s marketed […]
As a landlord, you’ll need to take a proactive approach in order to maximize any available opportunity to reduce your tax bill. But tax can be intimidating, especially for first-timers but even seasoned landlords can find the process daunting due to the last two tumultuous years the world underwent. Luckily for you, we at Florida […]
Adding amenities people love doesn’t have to be expensive or time-consuming. All you need is to improve on the features that are currently within your property. We must mention however that the type of amenities you wish to add depends on your target demographic. If you are in doubt, why not call us at Florida […]