How do you get rentals ready for new tenants? Today we’ll talk about why every rental property owner in Jacksonville FL needs a standardized make-ready process. Property owners need to be aware of the issues that can happen without a standard process, like slowing down the rental property’s turnover time, missing critical cleaning or repair…
According to federal law, disabled renters or prospective renters with disabilities have the legal right to apply for and live in their desired rental units regardless of their disability. Property owners cannot discriminate against them based on their impairment. If you reject a disabled tenant for reasons relating to their disability, you may be violating the law.…
Have you decided to invest in property? It is one of the most rewarding investments you will ever make. However, the investment comes with its fair of responsibilities. It is like a garden that yields beautiful flowers but first comes the gardening work. Jacksonville property management is a stressful and time-consuming process. It can make it difficult…
One of the most profitable moves you can make as a property owner is hiring a property management company. Even though many property owners choose to operate without professional help, they miss out on a lot. Jacksonville property managers will improve your revenue over time. They take on most of the stress that comes with being a…
Becoming a real estate investor in Jacksonville brings the promise of long-term passive income—until your properties sit empty for too long. Without tenants, rental property owners can’t collect the rent. Without rental income, you lose money! If you’re experiencing weeks (or months) between tenants, it’s time to shorten vacancy cycles to rebuild your revenue. Follow these…
Jacksonville rental property owners have options when it comes to the successful management of their investments. Should you manage on your own—or trust the work to the right experts? Many investors enjoy the free time (and better revenue) that comes when hiring a property manager to care for rental properties. When choosing professional Jacksonville property…
When you invest in a property, the last thing you want is a professional tenant. A professional tenant can be a nightmare for property owners by never paying the rent and destroying properties. These renters are worse than most other terrible tenants because they never intend to be good residents! How can investors recognize professional…
Managing your property requires the right expertise and experience to become a successful investor. It may be somewhat simple in the early stages of owning property, but as you work toward your long-term financial goals (or add more properties to your portfolio), mistakes can happen. What are some of the biggest mistakes DIY landlords make?…
When first starting as a landlord, it is tempting to forgo professional help and manage the home independently. This approach could save you money in the short term but lead to multiple frustrations and costs down the line. There are several essential things to consider when deciding to manage your rental property alone or hire a Jacksonville property…
Owning rental real estate puts a different type of burden on you when it comes to tax time. Real estate rental income will impact state and federal taxes. Tax rules require property owners to report rental income on their tax returns. The good thing, though, is that you can also deduct certain expenses to help counter the…