Thursday, June 22, 2023

Why Are Tenant Background Checks So Important?

In one study, data showed that 28% of tenant applicants had a criminal record. A surprising number of people have had at least one criminal offense in the past.If you want to avoid issues with your rental investment and find reliable tenants for your property, you should vet applicants thoroughly. Using background checks to look for red f...

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Thursday, June 8, 2023

Handling Noise Complaints: A Guide for Kissimmee, FL Landlords

If you've ever had noisy neighbors, it can seem like a form of torture. In fact, that's not too far from the truth. The CIA famously tortured inmates at Guantanamo using Barney and Britney Spears played on repeat.With that said, it's safe to say that noise complaints are no laughing matter. Loud tenants aren't just causing...

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Thursday, May 18, 2023

What Should You Do if Your Tenant Can't Pay Rent in Kissimmee, Florida?

More than 5.7 million households across the United States are behind on their rent payments. While you can include late payment fees in your rental agreements, there are many instances where your tenants still fail to pay their rent on time. It can be challenging to deal with past-due payments.There are a few things you can do as a landlo...

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Thursday, May 4, 2023

A Landlord's Guide to Lease Renewals

Statistics reveal that lease renewals are hitting an all-time high! In the second quarter of 2020, 57.4% of renters were renewing a lease. Then in the third quarter of 2021, a new record was hit at a rate of 57.6% of renewals.In the first quarter of 2022, the record rose again, with 58.3% of renters agreeing to lease renewals.If you are a...

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Thursday, April 20, 2023

When Must a Landlord Return a Security Deposit in Florida?

Did you know that between the first and third quarters of 2020 and 2021, the number of renter households in the United States increased dramatically? The number increased by more than during this period, reaching a total of 44 million.This trend suggests that more people are choosing to rent homes rather than buy them. It also highlights ...

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Thursday, April 6, 2023

Rent Increase Laws in Florida That Landlords Need to Be Aware Of

Times are changing worldwide due to inflation, which means that many landlords will begin increasing the rent they charge tenants. When it comes to rent increase laws in Florida, it's crucial to understand the ins and outs of the law.This is because the more you know, the better you'll be able to communicate with your tenants. We&...

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Saturday, March 18, 2023

5 Tips for Regular Property Maintenance

The average rent price for a three-bedroom apartment rose to $2,495 in 2022. That's good news for landlords. But just because rental profits are plentiful, it doesn't mean that landlords are raking in all those profits.Landlords still have many expenses that can take away from their rental income. Property maintenance is one of th...

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Saturday, March 4, 2023

How To Perform an Accurate Rental Analysis

In February 2022, the average rent in Miami jumped to $2,850. Some Miami landlords likely tried to charge hundreds of dollars more than this. If they did, they probably struggled to find tenants.Other Miami landlords likely charged hundreds of dollars less than this. If they did, they missed out on a large chunk of their rental income. Th...

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Saturday, February 18, 2023

An Overview of Owner Statements and Reporting for Investors

Did you know that 8.6 million Florida residents are 50 and older? The state has the second-largest population of this kind, behind only California.Despite many older adults settling down in The Sunshine State, most of them prefer to rent their homes in communities full of their peers.With such a large population, there is room for rental ...

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Saturday, February 4, 2023

A Guide to Hurricane Prep for a Rental Property

Did you know that Florida has the most hurricanes, with over 120 per year?As a rental property owner or real estate investor, there are extra precautions you must take to ensure hurricane prep for your rental property. During hurricane season, it's essential to have an action plan in place before the storm hits.The following guide wil...

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