Is a Month to Month Agreement Right for Your Manatee and Sarasota County Rental Property?

When a lease terminates in Florida, it automatically goes into a month-to-month agreement. This means the tenant can remain in the property without renewing the lease, and either the landlord or the tenant only has to...

Benefits of Having a Landlord-Friendly Investment Property in Manatee and Sarasota County

Benefits of Having a Landlord-Friendly Investment Property in Manatee and Sarasota County     Recently, we talked to you about the importance of location and property type when an investor is choosing a property to buy. Another extremely important thing to consider is whether the property is in a city or a...

Residents Smoking in a Rental property?

Residents Smoking in a Rental property? When I started the company in 2003, questions about residents smoking in a rental property was asked by a lot of owners. Thinking back, I would guess smoking in a rental property was the number one concern property...

Security Deposits. How Much to Charge for Repairs? 

Security Deposits. How Much to Charge for Repairs?  When a lease ends, the rental property will need to be cleaned and any repairs fixed. Once a landlord has decided to charge the tenant’s security deposit you will next need to decide, how much to charge for repairs?  We...

The Importance of Inspecting Rental Properties

The Importance of Inspecting Rental Properties Landlords retain property management companies to protect their interests. Landlord Inspections are an important part of this process. At Gulf Coast Property Management, we perform three types of landlord...

What if my Tenant Files Bankruptcy? 

What if my Tenant Files Bankruptcy?  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...

Do I Have to Fix Everything my Tenant wants? 

Do I Have to Fix Everything my Tenant wants?  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...

How to deal with a nonpaying tenant?

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...

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

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

New Landlord Common Mistakes

New Landlord Common Mistakes How To Avoid Common Landlord Mistakes Being a landlord brings on a whole new set of responsibilities and by not handling situations the right way could end you up in quite a bit of trouble. Without experience or the...

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