Palm Coast Property Management Blog

Creating a passive stream of rental income is only beneficial and substantial when you have a multi-property portfolio. Earning a rental income from one or two properties will not justify the amount you have invested to buy those properties. As a landlord, you will have to spend a substantial sum on seasonal and yearly maintenance and upg...

Are you gearing up to make your first property investment and start your journey as a landlord? Navigating the real estate industry can prove challenging for beginners, but market research and knowledge go a long way in ensuring lucrative and profitable investments. Typically, investors gravitate towards properties that sell below ma...

Landlords and property owners no longer have to run tiresome errands to collect rent, prepare lengthy cash flow statements, and respond to maintenance requests with in-person visits. Today, landlords can power their rental income with the convenience and efficiency of automation.The property management industry is welcoming software solut...

Ensuring the financial savviness and profitability of your rental property investment is of the utmost significance. Landlords fear unexpected vacancies and long-term delays in securing tenants as these issues can jeopardize and reduce their rental income drastically.All landlords deal with the pressure of finding credible and reliable te...

Trouble-making tenants can derail your goals to create passive income streams from your rental property investments. Landlords are strongly advised to rely on robust tenant screening methods to weed out all problematic applicants. Screening reveals the financial reliability and debt management abilities of an applicant.However, even relia...

As a property manager, owner, or landlord, you have many decisions to make once your property is in service. One such decision is determining whether each maintenance or repair bill should be classified as a regular expense or a capital improvement. As a landlord, you are entitled to few tax deductions; these helps increase the ROI and pr...

Is accepting partial rental payments ever a good thing? Well, it is safe to say, NO! nothing good ever comes out of accepting partial rental payments. It is like Pandora's box; once opened, it releases the worst for you. Here is a detailed account of what happens when landlords start accepting partial rent payments.What are Partial Re...

Being a manager is an aggressive job; you must be hands-on 24/7. Managing a property can never be easy, but with an efficient and proactive approach, you can certainly make it smooth. As the property manager of a popular property that is occupied all year long, you need to have a lot of patience, perseverance and be flexible. Managing mul...

Are you struggling to navigate the real estate industry and make lucrative investments? Young investors and newbies always struggle to learn the ropes, and often end up making mistakes costing hundreds and thousands of dollars.Buying properties aggressively and without research is a terrible strategy that will thwart your wealth generatio...

Here we have the ultimate guide to home appraisals. In this article, we will cover the following:What are home appraisals?How does the home appraisal process work?What to expect?How to Prepare your property for appraisals?Appraisals are important for both the owner and the buyer; hence the whole process can be daunting and important for t...