How Much Is a Security Deposit for an Apartment on Average?

By Gulf Coast Property Management Thursday, December 21, 2023

A recent statute says that Florida landlords are now able to charge fees rather than deposits, but many landlords and tenants are resisting this change. If you're a Florida landlord who'd prefer to stick with what you already know, you're not alone. Many people prefer...

What Are the Best Tips for Accidental Landlords in Venice, FL?

By Gulf Coast Property Management Thursday, December 14, 2023

Have you suddenly found yourself being called a landlord?Maybe you recently acquired your dream home, and it makes more financial sense to rent out your starter home instead of selling it. Even relocating to another state for work can turn you into an accidental landlord.It doesn...

This Is How to Manage a Rental Property in Sarasota, FL

By Gulf Coast Property Management Thursday, December 7, 2023

It's clear that Southwest Florida rent prices are continuing to rise, meaning this is a great time to be a landlord in this beautiful part of the state. If you're a new property owner, you've made a wise investment.However, learning how to manage a rental property isn...

How Strategic Portfolio Management Can Boost Your Real Estate Investments

By Gulf Coast Property Management Tuesday, November 28, 2023

If analysts are correct, South Florida could soon enter a property boom.If that's true, it offers enormous potential for any eager real estate investor. The question is: is your current investment strategy strong enough to capitalize on this opportunity?Whether a real estate ...

How to Attract Quality Tenants for Your For Rent by Owner Property

By Gulf Coast Property Management Tuesday, November 21, 2023

A lousy tenant relationship can stress for rent by owner landlords out. To avoid this, focus on finding quality tenants. By actively selecting the right kinds of tenants, you'll attract responsible residents to your rental property.This means timely rent payments and fewer pr...

Understanding Owner Disbursements: What Every Landlord Should Know

By Gulf Coast Property Management Tuesday, November 14, 2023

In the United States, there are approximately 22 million landlords. This demographic owns over 48 million rental units. Owning a rental property in Florida comes with essential property accounting responsibilities. One of the most notable is understanding owner disbursements. We...

4 Major Benefits of Allowing Pets in a Rental Property

By Gulf Coast Property Management Tuesday, November 7, 2023

62% of Americans own a pet, and 97% of them consider these critters as part of their family. It's only natural for them to bring their furry family members along wherever they go, so it shouldn't come as a surprise that many renters are looking for apartments that allow t...

Types of Insurance Landlords Must Have for Their Investment Property in Southwest Florida

By Gulf Coast Property Management Saturday, October 28, 2023

Owning an investment property can be a lucrative endeavor, especially in Southwest Florida. However, owning rental properties comes with unique risks and challenges. In Florida, these go beyond the normal wear and tear that renters cause and extend to severe storm damage.To prote...

Real Estate Investing: Budgeting for your Vacation Rental in Southwest Florida

By Gulf Coast Property Management Saturday, October 21, 2023

Did you know that the average cost of a vacation rental in the U.S. is around $180 a night? You can earn even more in a sought-after region such as Southwest Florida!However, it is not as simple as putting the 180 dollars into your back pocket. The income is to upkeep your vacati...

How Property Managers in Southwest Florida Calculate Rental Increases

By Gulf Coast Property Management Saturday, October 14, 2023

If you're a tenant in Southwest Florida, you may have wondered how property managers calculate rental increases. It's a common question, and the answer can affect your monthly budget.Don't worry; in this rental analysis guide, we'll break it down in simple terms s...