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Property Management Blog


Blog Post A Step-by-Step Guide to Collecting Security Deposits

A Step-by-Step Guide to Collecting Security Deposits

Did you know that the landlord must serve the tenant with a written notice for nonpayment? Florida allows three days, excluding legal holidays and weekends.Whether you're in Sarasota, Bradenton, or another area, you'll want to avoid this stress at all costs. Initially, if...
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Blog Post 4 Possible Reasons Why You Have a Low Occupancy Rate (and What to Do About It!)

4 Possible Reasons Why You Have a Low Occupancy Rate (and What to Do About It!)

Did you know that the median house price is approximately $500,000? Unfortunately, this has made it challenging for many people to purchase a new home.However, it has served as a great investment opportunity for owners of rental properties.Having a low occupancy rate can be dishe...
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Blog Post A Landlord's Guide to Renting to Section 8 Tenants

A Landlord's Guide to Renting to Section 8 Tenants

4.8 million households in the U.S. receive housing assistance, and 2.1 million of them receive housing vouchers. This is the section 8 program that helps people with low incomes find housing.Are you considering participating in the section 8 program by turning your property into ...
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Blog Post How Real Estate Services Can Help You Maximize Rental Property Income

How Real Estate Services Can Help You Maximize Rental Property Income

The average rent price for a 1-bedroom in Florida is $864 a month in 2022. You can make a strong investment if you own Florida property.The sunny climate primes the county for vacation rentals. But to make the most of your real estate, you need to maximize rental property income ...
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Blog Post Installing Solar Panels on Your Rental Property: A Guide

Installing Solar Panels on Your Rental Property: A Guide

Over the last 30 years, there has been a massive growth in residential solar installation, averaging 33 percent annually in the last decade alone. Solar is a great way to cut utility costs while adding value to your property and helping the environment.But is installing solar pan...
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Blog Post Annual Home Maintenance Checklist for Florida Landlords

Annual Home Maintenance Checklist for Florida Landlords

If there's one thing that can ruin your real estate investing strategy, it's home maintenance.Regular maintenance is essential for maintaining a property's value and keeping occupants safe. Yet, maintenance takes up a lot of time, especially because specific tasks req...
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Blog Post 5 Reasons to Diversify Your Portfolio With Real Estate in Florida

5 Reasons to Diversify Your Portfolio With Real Estate in Florida

Rent prices for real estate in Florida rose by 7.8% in 2022. Buying real estate here is one of the best ways to diversify your portfolio.It could also be one of the most profitable.But why is real estate a great way to diversify? Why should you choose real estate in Florida over ...
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Blog Post Property Management: How We Calculate Rental Increases

Property Management: How We Calculate Rental Increases

Under Florida tenant-landlord law, a tenant must pay the agreed-upon rent on time. Tenants have to comply with this agreement in addition to other responsibilities outlined in a lease.However, a landlord cannot increase rent without first notifying tenants of the change.Wondering...
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Blog Post Property Management: 1031 Exchange (Avoiding Capital Gains Tax)

Property Management: 1031 Exchange (Avoiding Capital Gains Tax)

With the price of Sarasota, Florida homes up nearly 16% from the previous year. So you're ready to add Sarasota real estate investments to your property management portfolio. But then you remember those pesky capital gains tax. So, consider a 1031 exchange a real estate ...
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Blog Post Rental Expense Landlords Can't Deduct

Rental Expense Landlords Can't Deduct

Did you know that Florida is one of only 9 states that don't have an income tax?This allows you to save much more money than if you lived in North Carolina, for instance. That doesn't mean there aren't plenty of rental property taxes you'll have to cover. Even wit...
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