Chris Rich - Realty Medics

Does the Investment Property Deal Make Sense? What to Look for Before Purchasing

A house with white walls, a light brown roof, a concrete walkway, and a 'For Sale' sign on a grassy lawn – an attractive investment property deal.

When you decide to add rental properties to your portfolio, how do you know if it’s a solid investment? It doesn’t matter whether you’re new to real estate investing, or a seasoned owner. Before pulling the trigger on any rental home purchase, smart investors ask themselves: Do the numbers for the investment property deal make … Read more

What’s the BRRRR Method and Could It Make Sense for You?

A man wearing a striped jacket and white hard hat stands in front of a modern white and black house, holding up a "For Sale" sign. This image captures the essence of the BRRRR Method and real estate investment.

Before now, you may not have considered owning rental property. With the costs of real estate these days, you’re probably thinking, I can’t even afford ONE house in the Orlando area! We feel you. But what if you could put a far less down payment on a rental home in a better market? Then quickly … Read more

How to Buy Your First Investment Property

A miniature house model is being handed to someone else in an outdoor landscape. The house model is painted blue with two windows painted yellow decorated with purple flowers. There is also an overhead heart-shaped window on the model. This image symbolizes the joy of buying your first investment property.

Owning rental property is often hailed as an important part of a diversified investment portfolio; however, many don’t think becoming a landlord makes you an investor. But it does! If you’re just starting out, you may be unsure how to buy your first investment property in the Orlando area. Did you know a property manager … Read more

What is a Property Management Agreement?

Two people sitting at a desk discussing some paperwork.

Orlando area investment property owners who don’t want to self manage turn to property management companies. If you’ve never worked with a property manager, you may not be familiar with the process. Property managers will walk clients through how their company supports clients and ask the owner to sign a property management agreement. But what … Read more

Why Rental Property Walkthroughs are Essential to the Success of Your Investment

A person holding a clipboard with a checklist marking off items. The person is standing in front of a two story house.

Rental property owners, how do you know your tenants are taking care of your investment? Doing due diligence before accepting a new renter doesn’t mean you can just chill and collect the checks after lease signing. Periodic check-ups can help you ensure everything’s copacetic. It might feel awkward to walk around other people’s stuff, but … Read more

New to Central Florida? Visit These Beaches

central Florida beach during the daytime

Living in Central Florida almost feels like cheating at life. You enjoy endless summer, a laid-back atmosphere, and the most beautiful beaches in the world (our humble opinion, of course). The Orlando area lets you easily access the clear calm waters of the Gulf of Mexico or the rad waves of the Atlantic Ocean. If … Read more

Should You Switch Your Vacation Rental to a Long-Term Rental Home?

Two green signs that are pointing opposite directions. One says Long-Term and the other says Short-Term.

With a potential recession on the horizon, families tend to cut vacation spending first. So you might have noticed a dip in bookings for short-term vacations. Reports show AirBnB occupancy rates down since the pandemic, although some reports do show that the market is beginning to bounce back. Even vacation properties in the Orlando area … Read more