How Orlando HOAs Affect Your Real Estate Investment
Orlando Home Owner Associations (HOAs), like thousands of HOAs around the country, were created by developers to sell homes and market developments. Since their inception in the 1940s, however, many have come to gain a less-than-stellar reputation. If you’re considering buying a rental home, make sure you understand how HOAs affect your real estate investment. …
The Realty Medics Investment Property Protection Programs
Owning rental property comes with a certain amount of risk. But did you know you can purchase investment property protection to reduce that risk? We’ve created a set of protection programs for clients who use our Orlando property management services. How Investment Property Protection Programs Help Owners Property protection programs act as an additional insurance …
Is Now The Right Time to Buy? A First-Time Home Buyers Guide
Whether you’re a first-time home buyer or planning to purchase your first investment property, you might find the process overwhelming. Many people mistakenly base their decisions solely on home prices or interest rates, but those factors only tell part of the story. To determine if now is the right time to buy, it’s important to …
Should You Invest in New Construction Builds?
As a real estate investor looking to add to your portfolio, you might wonder whether to invest in a new construction build or buy an existing structure? We’re here to help you weigh your options. Below we list the benefits and potential disadvantages of investing in new construction rental homes. Benefits of a New Build …
6 Tips on How to Find the Best Local Contractors
Finding good reliable contractors in Central Florida can be a tough task. Some contractors will respond to requests promptly, reliably complete the work, and not break the bank. Others… not so much. Having trouble telling the difference? No worries! We’ll guide you through how to find the best local contractors. Reputation and Reviews Before you …
No Security Deposit Option
As a qualified tenant through The Realty Medics, you have a unique option offered nowhere else in Central Florida: a no security deposit option. In fact, we’re the only Orlando property management company to offer this benefit! How Does It Work? At the time of application, a tenant submits a secondary approval process with Obligo, …
Secure a Rent Lump Sum: Take Advantage of the Upfront Rent Program
If you’re an investment property owner looking to boost your returns, receiving your rent lump sum can be a game-changer. (No kidding, Captain Obvious!) Even the most prudent property owner finds themself in a jam or facing a once-in-a-lifetime opportunity. Waiting for monthly rent payments to arrive on time won’t cut it. That’s why The …
How to Prepare for a Hurricane
Storm Watches vs. Storm Warnings Anytime severe weather is predicted, stay tuned into Orlando or local media channels for developments. Have plans in place for times when conditions deteriorate. Your safety is the most important consideration. Know the difference between a hurricane watch and a hurricane warning. A hurricane watch means hurricane conditions (sustained winds …
Common Orlando Security Deposit Deductions
Understanding Orlando security deposit deductions is crucial for all tenants. As a tenant, you likely had to pay a security deposit before moving into your rental home. This deposit protects the owner by covering costs if you cause significant damage to the property. But even if you’re not partying like a rock star in the …