Strategy for Orlando Rental Homes: Keep Your Low Interest Rate on Your Primary Mortgage and Buy a New House
When the interest rates on houses soared in 2022/2023, many people stopped thinking about buying new property(s), including investment or primary residences. Now that the market has stabilized, housing costs may not be as prohibitive, but interest rates are still a challenge. However, most people bought a primary residence before the madness, and many refinanced ...
Navigating Orlando Lease Renewals: The Process and Your Options
If you love the place you rent, Orlando lease renewals are fairly straightforward. When your lease agreement nears the end of its term, your property manager will send notification on what action steps to stay there longer. But if this is your first rental (or your first time renting through The Realty Medics), we’re here ...
Tenant Screening Red Flags: 5 Signs to Watch for
As an Orlando rental property owner, you want to minimize how much effort you put into making it profitable. Arguably, this begins with securing the right tenants. To do that, you need to have a good tenant screening system that identifies who will make the best renters. Knowing some of the potential red flags to ...
Why Buying Ocala Rental Homes is the Ultimate Real Estate Investment Opportunity
Thinking about buying rental property in Central Florida? You may not have considered looking at Ocala rental homes, but the area is perfect for beginning or expanding your rental portfolio. Ocala consistently rates as a top Orlando neighborhood to own rental property because of its strategic location, affordability, and economic growth. Living in Ocala As ...
Essential Orlando Tenant Rights and Landlord Responsibilities: A Guide for Rental Properties
When a tenant moves into a rental property in Central Florida, they have certain rights, and landlords have certain responsibilities. Below, we list a few of the essential Orlando tenant rights and the corresponding responsibilities of landlords in Central Florida. Orlando Tenant Rights By agreeing to pay rent and signing a lease, tenants have legal ...
Orlando Investment Property: Guide to Investing in Central Florida
Interested in an Orlando investment property? It is not rocket science. Actually, Central Florida real estate investing continues to offer high return on investment (ROI) for property owners. But like anything else, it helps to have experts in your corner to guide you to the best deals. Read on if you’re considering adding Orlando area ...
Orlando Eviction Process: What to Expect with Essential Steps for Landlords
The Orlando eviction process is an unfortunate but sometimes necessary aspect of property management. It doesn’t come naturally, but as a landlord, you need to understand how to handle an eviction because sooner or later you may have to evict a tenant who violates their lease. Remember this is a business. It’s not personal. The ...
Real Estate Property Management Fees in Central Florida Explained
Investment property owners who choose to use a property management company may have questions about where their fee money goes. While we can’t speak for other organizations, when you work with The Realty Medics, we can explain real estate property management fees in Central Florida. Common Property Management Fees Leasing Fee Finding the right tenant ...
Top Neighborhoods for Orlando Rental Property Purchases
Interest rates for Orlando rental property investments have begun to decline (6 weeks straight of decreases). Whether you’re looking to add rental homes to your portfolio or you’re ready to make your first rental property purchase, you need to make sure you’re getting the best return on your investment. That means finding areas with affordable ...
Financial Freedom: You Inherited a House…Now What?
With the executing of a loved one’s will, you found out he or she left a home to you. Maybe you had expected to inherit a home or maybe that news surprised you. Regardless of any previous knowledge, if the person’s death came unexpectedly, you may not have prepared for this responsibility. If you already ...
