10 Things to Consider Before Self-Managing Your Rental Property
Owning rental property in central Florida is an easy way to make passive income, right? After all, with industries growing and people flocking to the region for jobs, you’ll have no shortage of potential tenants. You may even be thinking you can do all the work yourself and save the fees of a property manager. …
What is a Property Management Agreement?
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 …
5 Self-Managing Horror Stories
Disclaimer: Not for the faint of heart. Owning rental property is a great way to generate passive income. But if you self manage your Orlando area rental properties, exactly how passive is that income? These are the stories of landlords who realized they’d gotten in over their heads too late. Gather ‘round the campfire to …
Why Rental Property Walkthroughs are Essential to the Success of Your Investment
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 …
New to Central Florida? Visit These Beaches
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 …
How Tenants Can Spot Sneaky Rental Property Scammers
Looking for a new rental home? Scammers have the perfect deal for you in the Orlando area. Today’s real estate scammers have gotten pretty darn good at making you believe their authenticity. Protect yourself from losing money by reading this important PSA on how tenants can spot sneaky rental property scammers. How The Scam Works …
What’s a Security Deposit and How Does It Get Used?
You’ve probably heard horror stories about security deposits when you apply for a rental property. You save up a gazillion dollars to cover the first month’s rent and the deposit… and then never see that money again, right? Hopefully wrong! Before we get into specifics, let’s cover what a security deposit is and how it …
Should You Switch Your Vacation Rental to a Long-Term Rental Home?
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 …
Why You Should Invest in Real Estate by the Numbers
Why Should You Invest in Real Estate? As someone looking to earn passive income, have you considered real estate investing? The immediate cash flow benefit is only the tip of the iceberg. So why should you invest in real estate? Did you know that, compared to stocks or complicated get-rich-quick schemes, real estate offers much …
Five Tips for First-Time Renters
As a first-time renter, you might not know what to expect in your new rental home or apartment. Although it’s very exciting to have the first place on your own, it can also feel overwhelming. We want to make sure you have a successful experience by offering these five tips for first-time renters. Moving into …
