What’s the BRRRR Method and Could It Make Sense for You?
Before now, you may not have considered owning rental property. With the costs of real estate these days, you’re probably thinking, I can’t even afford ONE house in the Orlando area! We feel you. But what if you could put a far less down payment on a rental home in a better market? Then quickly …
5 Ways to Avoid Security Deposit Deductions
Sometimes a security deposit feels like just an additional cost of moving. If you stay in a central Florida rental for a long time, it might seem gone forever. When you decide to move out, the property management company will return it sans any deductions. We’re guessing you’d prefer to have your full security deposit …
What to Expect as a First-Time Landlord
Did you just buy your first rental property in the Orlando area? Congratulations! Feeling a little overwhelmed and not sure what to expect as a first-time landlord? Consider this your guide. Trust the Process and the Experts If this is your first venture into owning rental property, it helps to know who and where to …
How to Buy Your First Investment Property
Owning rental property is often hailed as an important part of a diversified investment portfolio; however, many don’t think becoming a landlord makes you an investor. But it does! If you’re just starting out, you may be unsure how to buy your first investment property in the Orlando area. Did you know a property manager …
Check Out These 17 Hidden Staycation Gems
Looking for something to do this weekend? Why travel anywhere else when you can plan a little staycation in one of the most beautiful areas of the world? Whether you’re new to Central Florida or have lived here for decades, check out these hidden staycation gems you may not have known about. The Beaches Every …
10 Things to Consider Before Self-Managing Your Rental Property
Owning rental property in central Florida is an easy way to make passive income, right? After all, with industries growing and people flocking to the region for jobs, you’ll have no shortage of potential tenants. You may even be thinking you can do all the work yourself and save the fees of a property manager. …
What is a Property Management Agreement?
Orlando area investment property owners who don’t want to self manage turn to property management companies. If you’ve never worked with a property manager, you may not be familiar with the process. Property managers will walk clients through how their company supports clients and ask the owner to sign a property management agreement. But what …
How to Prepare for a Hurricane
Storm Watches vs. Storm Warnings Anytime severe weather is predicted, stay tuned into Orlando or local media channels for developments. Have plans in place for times when conditions deteriorate. Your safety is the most important consideration. Know the difference between a hurricane watch and a hurricane warning. A hurricane watch means hurricane conditions (sustained winds …
5 Self-Managing Horror Stories
Disclaimer: Not for the faint of heart. Owning rental property is a great way to generate passive income. But if you self manage your Orlando area rental properties, exactly how passive is that income? These are the stories of landlords who realized they’d gotten in over their heads too late. Gather ‘round the campfire to …
Why Rental Property Walkthroughs are Essential to the Success of Your Investment
Rental property owners, how do you know your tenants are taking care of your investment? Doing due diligence before accepting a new renter doesn’t mean you can just chill and collect the checks after lease signing. Periodic check-ups can help you ensure everything’s copacetic. It might feel awkward to walk around other people’s stuff, but …
