Palm Coast Property Management Blog

You are sometimes surprised to know the value of a property as it is less than what you anticipated based upon its features and condition. You know that the value of the same property would have been much higher had it been located only a few blocks away in another neighborhood. You are forced to think why location matters so much to hav...

Many people are forced to work from home as they do not have the resources to start business in a commercial place. But you as a landlord do not like the idea of any of your tenant starting his business in your property. This is because there are consequences that you must bear as the owner of the property. Here is what to do if you lear...

High vacancy rates can frustrate any landlord. This business is based upon rental income and hence a landlord becomes upset when he finds that majority of units in his property are lying vacant. There can be many reasons why a property is not renting but if you have maintained it properly and it is also in a good location, the culpr...

Tenants have this misconception that landlords do not refund their security deposits. This idea has crept in the minds of tenants because of instances where landlords have forfeited deposits on various grounds. There are many landlords who have started to think that they can keep security deposits on flimsy grounds. However, it is not a ...

The first day of every month (and a few days after that) is very important for all landlords. There are rents to be collected from some tenants, renewal of leases of some tenants to be done, and supervision of units being vacated by some tenants. While you can relax in the coming weeks, this is the time when you need to be alert and caut...

Many investors have fallen prey to pump and dump scam in the past. They buy properties that are nothing more than a pile of trash thinking they are buying great properties. These properties appear very alluring as they are available for very low prices. But the investor learns the lesson only after buying them as he finds that rehabbing ...

There are numerous instances where tenants have caused severe damage to the property of their landlords. This has happened when relations between tenants and landlords turn sour and both try to harm each other’s interests. It is necessary for landlords to maintain relations with their tenants at professional level. They should not ...

Calculating actual cash flow form a rental income property is crucial in making sure your purchase turns out to be fruitful. This exercise tells you whether a given property is worth the price that is being asked by the seller or not. This calculation is also useful in arriving at an asking price for a property in which you are interest...

Real estate investors must work with contractors on a frequent basis. They usually look for properties where they can earn good money. Investors know it is a bit risky working with these contractors. However, they can mitigate this risk by using independent contractor agreement. One of the risks for realtors working with contractors com...

One question often disturbing potential landlord is whether they can pick good tenants for their properties or not. Experts believe there is no way of knowing you have picked an ideal tenant, but you can certainly increase the likelihood by putting in place a tenant screening process. This is because you know something good or bad about ...