Palm Coast Property Management Blog

A lease agreement is a legally binding contract that binds both the landlord and the tenant; in case your tenant wants to break the lease early, this legal document will become your mightiest weapon. However, we can never deny that a lease agreement also works in favor of the tenant as much as it works in favor of the landlord. Such situa...

Being a good manager requires discipline, certain qualities, and efficient habits that take you to the highest management level. Not everyone is apt as this, but what most can do is learn from the best. Here are some very successful habits of the most efficient managers that can help you manage your property and your tenants. Applying the...

Managing a rental property is not something everyone can do; hence most people hire managers and other staff members, but owners managing their own property is not unheard of. So, today we are here to help you become the most efficient manager of your property in a few easy steps.There are many aspects of managing a property, contracts, r...

Community living spaces often deprive us of our privacy, and we struggle to carve out peace and solitude. Being surrounded by nosy neighbors in close-quarter buildings comes with a wide array of issues and conundrums. Many of us struggle for sanity and tranquility amidst all the noise and chatter undermining our life quality.Home is a hav...

Landlords and property managers have a profitable mechanism to deal with tenants who pay their rents way past the due date: imposing a late fee penalty.It’s permissible and common for landlords to charge late fee penalties for rent payments, and these penalties are quite reasonable. Typically, they account for 5-10% of the monthly r...

Accounting is the financial backbone of any given business, and property management is no different in this regard. Rental property management is all about diligently tracking all your income and expenditures, and ensuring all your funds are well-accounted.Landlords and property managers rely on comprehensive accounting systems to stay or...

The world as we knew it is no more, everything has taken a turn for worst. The current pandemic situation is more or less the same across the globe. Businesses are suffering, and economies are crashing. Amid all of this, the landlord and rental property business are suffering as well.The COVID-19 is making it hard for people to hold on to...

There is truly nothing worse than a pest infestation, as it creates a nightmare for both, tenants and landlords. Handling a pest infestation is a costly endeavor for a landlord, who must hire a professional exterminator to eliminate the pests. While tenants are plagued with fears and stress of going to bed with creepy crawlies, or finding...

Short-term rentals have emerged as a popular and lucrative trend in real estate markets all over the world. Landlords and property owners are rapidly realizing the advantages of short-term rentals, which outweigh the security of finding a long-term tenant.This article will walk you through the benefits and drawbacks of this business oppor...

A home is the biggest investment in the life of an average American. The home buying process is emotionally overwhelming and financially stressful. But it is also an extremely exciting journey for the rewards of owning your own house far outnumber the stress and overwhelming responsibilities.This step-by-step guide will walk you through t...