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Property Management Blog

Blog Post What if my Tenant Files Bankruptcy? 

What if my Tenant Files Bankruptcy? 

By Gulf Coast Property Management Thursday, July 5, 2018
Non-collection of rent is one of most landlord’s biggest concerns. When this happens, the landlord either works out an early termination agreement with the tenant or files for eviction. Neither are pleasant experiences but it’s a straightforward process if you know what you ...
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Blog Post

3 Pitfalls of Real Estate Investing in Manatee and Sarasota County

By Gulf Coast Property Management Monday, July 2, 2018
When it comes to real estate investing, there are three deadly sins that can disrupt your cash flow and ruin your ROI. Those are: overpaying, overleveraging, and mismanaging. We’re discussing each of them today. Property Management Manatee: Overpaying for Investment Pro...
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Blog Post Do I Have to Fix Everything my Tenant wants? 

Do I Have to Fix Everything my Tenant wants? 

By Gulf Coast Property Management Sunday, July 1, 2018
Real estate investment would be simple if it wasn’t for the tenants and maintenance expenses. I often hear landlords complaining about their tenants and the crazy maintenance requests that they have. Do I have to fix everything my tenant wants? Is a common question. If you ha...
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Blog Post Should a Management Company Charge for Handling Work Orders?

Should a Management Company Charge for Handling Work Orders?

By Gulf Coast Property Management Wednesday, June 27, 2018
A question, some landlords may ask when deciding between management companies is whether the company charges for handling work orders. As a landlord, you may feel that the cost of handling maintenance issues should be included in the monthly property management fee? There are man...
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Blog Post Homeowner Associations and Rental Properties

Homeowner Associations and Rental Properties

By Gulf Coast Property Management Thursday, June 14, 2018
Love them or hate them, with 80% of the country's housing stock under their control. Most of our available properties are situated in homeowner association communities. Homeowner associations are difficult to avoid. It is obvious to see the attraction - Residents no longer have ...
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Blog Post How to deal with a nonpaying tenant?

How to deal with a nonpaying tenant?

By Gulf Coast Property Management Thursday, June 14, 2018
The most common question we hear from self-managing rental owners is: "How do I handle a nonpaying tenant?" Even the most seasoned professional property manager will tell you an eviction is a lengthy, complicated and expensive procedure. To the self-managing landlord, the thought...
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Blog Post Should I inspect My Rental Property?

Should I inspect My Rental Property?

By Gulf Coast Property Management Thursday, June 14, 2018
Annual inspections are an important part of owning a rental property. If you have several different tenants throughout the year, it's not too difficult to schedule the annual inspection to occur when the property is vacant. But how do you handle inspections when you have a long-t...
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Blog Post What is the Best Way of Renewing my Tenant’s Lease?

What is the Best Way of Renewing my Tenant’s Lease?

By Gulf Coast Property Management Thursday, June 14, 2018
The purpose of the renewal process is to ensure you are achieving the best market rate and protect your investment. All too often we see property owners renewing a tenant’s lease (or worse, transferring to a month to month arrangement) without calculating the effective market r...
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Blog Post Should I Rent My Property as a Vacation Rental or Annual Rental?

Should I Rent My Property as a Vacation Rental or Annual Rental?

By Gulf Coast Property Management Thursday, June 14, 2018
During the past few years and with the help of websites such as Airbnb and HomeAway, the vacation rental industry has attracted a lot of attention (good and bad). Being close to some of the best beaches in the world, we are often asked by potential property owners whether they sh...
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Blog Post I Want To Raise My Tenant’s Rent But ….

I Want To Raise My Tenant’s Rent But ….

By Gulf Coast Property Management Thursday, June 14, 2018
In my experience landlords are very reluctant to raise rental rates. Shying away from this unpleasant task is totally understandable; fear of breaking bad news, the time and effort associated with the task, (misplaced) responsibility towards the tenants and uncertainty in the ren...
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