Top 5 Mistakes Landlords Make
Investing in rental property can be a lucrative business for savvy investors who generate strong income and capitalize on building equity. Many people operate a side business in rental property investment and can prosper handsomely from their risk and rewards. Others make a full-time living from renting out properties and continue to seek expansion opportunities. …
Clermont: A Hidden Gem in Central Florida for Property Investors
“The Best City in Central Florida to Live In” is what the Orlando Business Journal awarded to the city of Clermont, its small neighbor 20 miles west in the Lakes Country. Founded in 1884, this historic and scenic center of 30,000 residents is one of the fastest growing places in the state with a 200% …
What Orlando’s Booming Rental Market Means for People Thinking of Investing in a Rental Property
The booming real estate rental market in Orlando is making it an ideal time for property investors to get into the market. With home prices rising and wages stagnant or falling, it can make it difficult for many low- to mid-income buyers to get into the housing market. With these existing market conditions, many people …
6 Ways to Maximize Rental Property Profits
Earning more rental property profits is every landlord’s dream. Ideally, you want to increase your rental income without investing a lot in upgrades and renovations. It’s important to be strategic about allocating your time in money so you can maximize your property profits to the best of your ability. 1. Professional Cleaning Goes a Long …
Best Ways to Limit Maintenance Costs for Your Property
Maintenance is an expected part of owning a rental property. If you aren’t proactive and careful about property maintenance, then it can wind up being a costly endeavor. But it doesn’t have to be. Here are some of the best ways to limit maintenance costs for your rental property. 1. Invest in Quality and Efficiency …
5 Tips to Consider When Buying a Rental Property
When it comes to buying a rental property there are many factors to consider. Ultimately, you want to ensure your property will not only attract a wide pool of desirable tenants, but retain them as well. If you’re interested in purchasing a rental property, then here are 5 tips to consider before buying. 1. …
Best Ways To Handle A Security Deposit Issue With Your Tenant
Requiring tenants to put down a security deposit is an important practice of being a landlord in order to protect yourself against the costs of potential damages caused by the tenant. It’s always a good idea to make sure that you do everything the right way in the beginning, to avoid problems don the road. …
Landlord Liability Issues to Look Out For
Though being a landlord is often a rewarding and lucrative venture, it’s also subject to its own set of challenges and obstacles. If you’re currently a landlord or thinking of becoming one, it’s important to understand the full scope of requirements and responsibilities you may be faced with. Here are some of the top …
5 Benefits of Using Orlando Property Management Software
MANAGE MY PROPERTY Are you an Orlando-based property management firm? While having documentation has its benefits, nowadays it is a lot more beneficial, easy and organized to have everything on technology. Cloud-based property management software makes things simpler for everyone involved by keeping the information easily accessible and overall more reliable. The main concern that …
7 Orlando Property Management Hiring Tips For Landlords
MANAGE MY PROPERTY The most important thing about having Orlando property management is knowing that the manager can handle all of their tenant’s issues. This means that they must be ready, willing and able to resolve any issues without tenants getting angry, therefore, keeping the property owner happy. It is crucial to find a good …
