Palm Coast Property Management Blog
Wednesday, July 12, 2023
In the dynamic world of real estate, buyer demand often outstrips supply, making for an intensely competitive environment. The scales can tip dramatically in favor of those real estate agents adept at discovering properties yet to be listed, or so-called "off-market" listings.As the number of buyers vying for a limited number of...
Sunday, July 9, 2023
All landlords and tenants aspire for a healthy relationship, marked by goodwill, professionalism and decency. Sometimes, entering such a relationship is effortless, particularly when both landlord and tenant are eager to fulfill their responsibilities. However, when both parties fail to find a common ground to negotiate and settle their c...
Thursday, July 6, 2023
Real estate is a well-known money-making industry, but it's important to understand the basics before investing. One essential skill is calculating the rate of return for a potential property, which can help you determine its efficiency.Return on Investment (ROI) is the go-to tool for evaluating investment performance, and can be calc...
Monday, July 3, 2023
In the realm of property rentals, one essential safeguard that every landlord should not overlook is landlord insurance. It's alarmingly common for landlords to undervalue the significance of this specialized form of insurance, despite its importance in risk management.I. Understanding Landlord InsuranceIn its most basic terms, landlo...
Thursday, June 29, 2023
The realm of real estate contracts is a complex one, often requiring strategic thinking, a keen understanding of property conditions, and a deeper comprehension than what meets the eye. As a seller, you might find yourself caught between the desire to sell your property 'as-is' and the buyer's expectation for you to address al...
Monday, June 26, 2023
Who precisely is the owner of common areas within your building or community? This may sound like a trick question, but it is not. The precise response hinges on whether the residence in question forms part of a Condominium Association or a Homeowner Association. These two types of residential Owner Associations operate under distinct reg...
Thursday, June 22, 2023
The real estate market is undoubtedly a lucrative landscape filled with golden opportunities. The thought of being a landlord, the captain of your ship, navigating the waters of the rental business world, can be tantalizing. But amidst the allure of investment potential and profit, there lies a stealthy sea of hidden costs. These costs ar...
Tuesday, June 20, 2023
The Florida Condominium Safety Bill: A PrimerThe Florida Condominium Safety Bill, also known as the Florida Condo Inspection Bill, marked a significant attempt to mandate building inspections and reserve studies for certain condos in Florida. The legislative proposal, also referred to as Senate Bill 1702, did not succeed in becoming law.T...
Saturday, June 17, 2023
Florida, the Sunshine State, is a paradise boasting stunning beaches, diverse gastronomy, rich cultural experiences, and all-year-round balmy weather. These attractions draw a multitude of prospective homeowners annually. However, a comprehensive understanding of Florida's property tax landscape is crucial before making an investment....
Wednesday, June 14, 2023
Embarking on the journey of long-distance landlordship can be fraught with complexities and difficulties, particularly when you're geographically distanced from your rental property. Nevertheless, a strategic approach can transform these challenges into opportunities. This comprehensive guide offers seven astute tips to augment your j...
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