Palm Coast Property Management Blog
Monday, December 14, 2020
Renting out the spare room in your house might seem like the perfect solution to earn a little extra money, but is it really? You have the room, you do not use it, so why not earn a few dollars from it. For landlords it is easy money, for individual renters it is cheaper than renting out a full unit. However, not everything is full of ben...
Friday, December 11, 2020
If you are looking for long-term tenants, there is no perfect target audience then a family with kids. Most families with kids prefer to stay in one place for years as they do not like moving kids from one place to another every year. It is hard on the parents as well as on the kids to pack and unpack every year. To change a familiar plac...
Tuesday, December 8, 2020
The worst nightmare of any landlord, after repair and maintenance issue, is not finding a tenant in time. In the parallel universe, the landlords have no problem finding the right tenant as soon as the previous one vacates the house, in our universe, it is never this easy. When tenants move out, the landlord starts losing sleep, beca...
Saturday, December 5, 2020
Maintaining a rental property is not only the duty of the landlord, but it also the responsibility of the tenant. A messy house, no matter how well-maintained, will never look immaculate. There are times when tenants cannot see the difference between clutter and hoarding, and most of the time, the landlord must bear the consequences...
Wednesday, December 2, 2020
Corona-virus has put a stop to everything; life has come to a point where nothing is moving or too scared to move. The real estate is no different, vacancy rates have gone up, and the occupancy rates have gone down in the past six months. The vacancy rate directly affects your real estate’s income; a lower vacancy rate means hi...
Sunday, November 29, 2020
Solar power, water efficiency gadgets, or advanced insulation were all considered an extra expense for a rental. Why? Because the landlord, as well as the tenants, were least bothered. These installations aren’t cheap; hence they take a toll on profits, and it takes time to recover from them. Also, because the tenants weren’t ...
Friday, November 27, 2020
According to many landlords, as well as property managers, the perfect tenant doesn’t exist. However, that’s not the case. They do exist, but there is a proper way of getting them into your house. No one said it was easy; finding the ideal tenant can be a challenging job, one that takes time and effort both, but it’s not...
Tuesday, November 24, 2020
Many think a Condo is a great place to invest; real estate investors are more prone to invest in condos than another type of property, and they are pretty much right about the reasons.Condos are great; they provide exclusive ownership, they are super private, they are also affordable, and they demand less upkeep. Condos are also great if ...
Saturday, November 21, 2020
Being a landlord is not an easy task, but it’s also not a hard one if you know what you are doing. It takes years of knowledge and experience to become the most successful landlord in the market. You can never get perfect at something if you dint make mistakes, take risks, and do certain experiments. However, repeating silly mistake...
Wednesday, November 18, 2020
Almost all landlords have one thing in common; they all want long-term contracts with their tenants. But it’s not easy to find a tenant that you can keep for long. The perfect tenant is hard to find, landlords need to go through an extreme phase of tenant screening, interviewing, and checking references to get that one perfect tenan...
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