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Have You Created Your Crisis Plan Yet? | Bradenton Property Management Tips
While hopes are high that the economy in the Gulf Coast will restart soon as Governor Ron DeSantis has drawn together a task force to work on reopening business in the state of Florida, the COVID-19 crisis is far from...
What I've Learned in My 20 Years as a Property Manager
Is a Property Management Company Right for Me and My Investment? Gulf Coast Property Management Office in Sarasota, Florida Reflecting on the climate of the investment property mindset and motivations to become an...
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...Can I Show My Manatee and Sarasota Property While Tenant Occupied?
We talk to many owners who wonder if it’s okay to show or advertise a property while a tenant is still occupying it. Landlords and management companies don’t like to do this. Perhaps the property is not in the...
Rental Property Depreciation Tax Benefits in Manatee and Sarasota County
Depreciation is one of the most overlooked tax benefits that investors can use on their tax returns. It’s based on the principle that everything gets old and becomes useless. A car depreciates, and an appliance...
Homeowner Associations and Rental Properties
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...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...What is the Best Way of Renewing my Tenant’s Lease?
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...Investment Owners: Property Value
Welcome, investors! Here at Gulf Coast Property Management, we work with rental investors in Manatee and Sarasota counties in Florida. Today we're going to be talking about the three ways people value property,...The Importance of Renter’s Insurance
At Gulf Coast Property Management, we require our renters to purchase renter’s insurance. Why, you may ask? There are a number of reasons outlined below why we require our renters to be insured. Liability Coverage If an...