Palm Coast Property Management Blog

There are a hundred reasons why you would buy a rental away from home. These reasons may include less or no tax, prime location, holiday home, etc. it is not always easy to manage a property remotely. But it may not be as difficult that you may think it is. Managing a rental property remotely is possible, but you can make this possib...

There are many benefits of renting out to college students, and if your rental property is near a college, then you are in the prime location to try it out. If you are not too sure about this idea, here are some of the many benefits of renting out to college students. According to a study, more than 44% of college students live off-campus...

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...

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...