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…
In an ideal world, every person who rents your home would be a model tenant. Rent would always be on time, and the house would be kept in tip-top condition. Unfortunately, you are bound to come across difficult tenants in your time as an investment homeowner in the real world. Renting a home can be…
Managing your rental property requires a lot of time and effort. If you are on a tight 9-5 job work schedule coupled with the need for family time, you might struggle to keep up with maintenance, rent collection, handle tenant requests, and market empty properties to find new renters quickly. You probably know that a…
Becoming a property manager or investor is one of the biggest life and financial decisions you ever will make. Buying more than one property is even more challenging. On the other hand, investing in real estate, and particularly rental properties, is one of the best ways to build long-term wealth. If you can invest in…
Owning rentals and property maintenance go hand-in-hand. It’s all too easy for a property owner to blame renters for property maintenance and repair expenses. Unfortunately, it doesn’t matter how ideal your tenant is. Plumbing systems fail can still fail, water heaters will still need to be replaced, and HVAC systems will still break down. However,…
Pet screening can be a difficult subject to talk about, but it’s important for property owners to understand the best ways of allowing pets in rentals—and what it can do for your income! It can be distressing for an applicant to have to answer questions about their dog, cat, or chinchilla and provide paperwork to…
If you’re like most landlords, you want to find the best renters possible for your Jacksonville rental property. But how do you go about finding them? And once you’ve found them, how do you convince them to choose your property over all the others out there? As an expert Jacksonville property management company, we know that identifying…