What’s Included in Orlando Property Management Services?
Managing a rental property from a distance, especially if you live on the other side of the country, presents significant challenges. Engaging Orlando property management services could be the solution. Property managers handle all the hands-on tasks for you, from screening and accepting tenants, handling leases to overseeing lease agreements and property inspections. Since tasks …
Navigating Central Florida Rental Rates: How to Determine the Right Lease Price for Your Rental Property
Many factors go into determining the right Central Florida rental rates for investment properties. It takes a lot of research, market analysis, and objective assessment. Below, we offer some of the factors we use to help property owners determine the right rental rates for their investments. Comparable Rates Setting the right lease price begins and …
Orlando Move-In Checklists: Why They’re Essential to Complete
You have a lot to do when you move into a new place. Completing a property move-in checklist, especially your Orlando Move-In Checklists, probably just feels like unnecessary busy work. And a lot of tenants just don’t do them or do any documentation of move-in conditions. However, we require all our tenants to complete a …
What is a 1031 Exchange and How Does It Work?
With tax time in the rearview mirror, as a real estate investor, you’re probably looking for ways to combat next year’s tax bill using rental property tax benefits. Did you know that taking advantage of the 1031 Exchange can help you expand your rental property portfolio without being penalized for tapping into the unrealized profits …
Strategy for Orlando Rental Homes: Keep Your Low Interest Rate on Your Primary Mortgage and Buy a New House
When the interest rates on houses soared in 2022/2023, many people stopped thinking about buying new property(s), including investment or primary residences. Now that the market has stabilized, housing costs may not be as prohibitive, but interest rates are still a challenge. However, most people bought a primary residence before the madness, and many refinanced …
Understanding Orlando Lease Renewals: The Process and Your Options
If you love the place you rent, Orlando lease renewals are fairly straightforward. When your lease agreement nears the end of its term, your property manager will send notification on what action steps to stay there longer. But if this is your first rental (or your first time renting through The Realty Medics), we’re here …
Tenant Screening Red Flags: 5 Signs to Watch for
As an Orlando rental property owner, you want to minimize how much effort you put into making it profitable. Arguably, this begins with securing the right tenants. To do that, you need to have a good tenant screening system that identifies who will make the best renters. Knowing some of the potential red flags to …
Why Buying Ocala Rental Homes is the Ultimate Real Estate Investment Opportunity
Thinking about buying rental property in Central Florida? You may not have considered looking at Ocala rental homes, but the area is perfect for beginning or expanding your rental portfolio. Ocala consistently rates as a top Orlando neighborhood to own rental property because of its strategic location, affordability, and economic growth. Living in Ocala As …
Essential Orlando Tenant Rights and Landlord Responsibilities: A Guide for Rental Properties
When a tenant moves into a rental property in Central Florida, they have certain rights, and landlords have certain responsibilities. Below, we list a few of the essential Orlando tenant rights and the corresponding responsibilities of landlords in Central Florida. Orlando Tenant Rights By agreeing to pay rent and signing a lease, tenants have legal …
Orlando Investment Property: Guide to Investing in Central Florida
Interested in an Orlando investment property? It is not rocket science. Actually, Central Florida real estate investing continues to offer high return on investment (ROI) for property owners. But like anything else, it helps to have experts in your corner to guide you to the best deals. Read on if you’re considering adding Orlando area …
