Palm Coast Property Management Blog

New Year brings new hopes and opportunities, and this holds true for the real estate market and investors too. Many investors did well in 2018 though it was also a year of many challenges. Will it be the same in 2019 or there is something else in store for us?  Let us look at the road ahead of us in the year 2019: Investing will be...

You get that sinking feeling when you don’t find your tenant inside your rental property for few days. Has he abandoned you? You have tried to contact him, but he has not replied. You checked the home and found that he has taken away all his belongings. Here is how to deal with such a situation. You know you need to act now e...

If you are a small-scale real estate investor, you know how important it is stay close to your tenants. You can learn about their problems and solve the issues quickly. This helps in developing close relations with your tenants. In fact, you learn how small things can help you in developing strong bonds with your tenants. You will be sur...

Investors often buy apartment buildings inhabited by tenants. This is a nice situation to be in as you can expect immediate return on your real estate investments through monthly rental income. However, inherited tenants can also be a bad proposition as you have no idea how they have been screened by the owner of the property.   Als...

There are many ways of running a business for a landlord.  One of the most common of these methods is to create an LLC (A limited liability company). By using this method, a landlord can earn more profits as his main business gets separated from his other property. Also, there is much reduced risk to the personal property of a landl...

If you have been a landlord for some time, you have good and bad experiences with your tenants. You can forget a good quality tenant, but it is hard to forget bad tenants. How can you forget a cunning tenant who walked out in the middle of the night without paying his due rent? You still feel bad and wish to get a chance to take revenge ...

As a real estate investor, you carry out rehab in most of the properties you purchase. It is a difficult and costly process that is different with different real estate properties. However, one thing that makes these rehabs desirable is the fact that they add value to a property. But you should not be concerned only with this aspect of r...

As a real estate investor, you can hope to make lots of money. But what matters is not your income but how much you can retain by the IRS.  Apart from taxman, others looking at your money are the contractors, your tenants, and the stores form where you buy your supplies from. You must work hard to keep the money you earn in your poc...

A landlord needs a set of rules just as a bank, a hospital, or a school has certain rules and regulations to be followed by everyone. House rules in a rental property apply to all the tenants and they are expected to abide by these rules. Talking of rules, even small kids know they must follow certain rules and regulations made by their ...

Internet has made the work of real estate investors very easy. However, web is also a place where lots of scams continue to take place. One interesting method used by scammers to dupe people is to take photos of properties form internet and use them to attract potential renters. They describe the property in an alluring manner and then l...