ROIs on Rental Upgrades
Periodically, we recommend our clients consider upgrades to their property. These differ from repair and maintenance projects as they are not required, and increase the value of the home. And they help to improve the overall rentability of a real estate property and the amount of rent an owner can charge. We use software developed ...
Looking to Rent Your Property? How to Pick the Right Neighborhood
There are many different ways to invest in real estate. For instance, rather than selling a current property, you may choose to rent it out—especially if you own it free and clear. If you don’t own a home that you want to rent, however, finding one can be a challenge. Many variables weigh into whether ...
4 Reasons Why Real Estate is a Solid Investment
With any investment, there will be risks. You have to weigh the good vs. the bad, and make sure you have a back up plan if things go south. But, if you have everything lined up and in order, making a real estate investment can be a smart move. Keep in mind that it requires ...
Can I Afford to Buy Rental Property?
Time and again you hear financial advisors extolling the virtues of investing in real estate. It provides reasonably passive income and helps you build your personal wealth. Certainly, investment properties serve as a cornerstone in our portfolios, and we encourage others to do the same. But buying rental property becomes a very different experience than ...
Do NOT List Your Rental Properties on Craigslist. Ever!
We love Craigslist and other free listing sites…for selling couches and dishes, that is. But even then, many people have found themselves on the short end of a raw deal made through the online swap meet. Scams abound on virtual flea markets even with rental properties. We often hear people ask, “Can I rent my ...
12 Steps to Maximize Your Orlando Rental Property Income & Minimize Risks
Whether new to property investment or a seasoned professional, we can all benefit from reviewing strategies to maximize income while minimizing risks. Below, The Realty Medics share some wisdom we’ve acquired through the years to help you realize your investment dreams while avoiding common pitfalls. While many property owners choose to manage their rentals themselves, ...
Watch Out for These 7 Traps of Florida Property Management
We’re guessing you’ve heard that old adage: if it sounds too good to be true, it probably is. That holds just as true for property management as it does for other businesses. Oddly, not unlike dating, you’ve got to watch out for the smooth operator who’s all talk but no substance. Consider this a public ...
Important Information for Your Orlando, Florida Investment Property Taxes
Investment Property Tax Paperwork, Yes Even in Florida Forget New Year’s Eve. Now is the time for annual reflections on the fiscal year gone by. As any business owner will tell you, REAL New Year’s Resolutions come after meticulously pouring over recorded statements, receipts and ledgers. Let the reckoning of last year’s taxes begin. Much ...
How to Avoid Big Taxes When Selling Your Orlando Area Rental Property
Taking the Right Steps When Selling Your Central Florida Investment Property SHOW ME THE MONEY…… Sometimes, the only move to make in the market is to sell. The good news is that, if you played your cards right, you might be sitting on a whole lot of equity. The bad news is that if you ...
Top 10 Factors to Find a Profitable Rental Property
Making the Right Choice for Your Central Florida Investment Property Having the money to purchase residential rental property doesn’t automatically mean you’re going to make a profit from your investment. The success formula lies in a few main factors, actually finding a profitable rental property is key. As simple as that might sound, when you ...
