If you rent out property to tenants, you will inevitably have to deal with an eviction at some point. Evictions can happen for many reasons, including non-payment of rent, violation of the rental agreement, criminal activity, etc. When an eviction happens, it is not uncommon for the tenant to be evicted to leave items inside…Read More→
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The connection between Douglas Realty and the communities it serves.
Tips on Managing Tenant Repair Requests
If you’re a landlord, you’ve undoubtedly received tenant repair requests. Most states, including Florida, require landlords to keep their rental property in habitable condition to continue receiving rent from tenants. If the landlord does not keep the property in safe, livable condition, the tenant can withhold rent to make the repairs themself and report the…Read More→
What is Good Cash Flow for a Rental Property?
No matter how many rental properties you own, if they’re not producing a decent cash flow, then you’re not living your dream. Cash flow is what keeps your real estate investments healthy and growing, so it’s important to fully understand your cash flow for each property you own. But what is a “good” cash flow…Read More→
Landlord Insurance vs. Homeowner’s Insurance
Insurance is one of the best ways to protect your real estate investments, both as a property owner and as a landlord. Both landlord insurance and homeowner’s insurance provide property protection, but the coverages can vary widely. In this post, we’ll explore the differences between these two types of real estate insurance. Homeowner’s Insurance: For…Read More→
Pest Control: Who’s Responsible?
Pest control is a constant need here in southern Florida’s warm, tropical climate. The Sunshine State is home to a wide variety of little critters who all want to take up residence inside, so pest control companies are always on the move trying to keep their clients’ homes and businesses pest-free. However, who is responsible…Read More→
Importance of Regular Foundation Inspections in Rentals
Any building is only as good as its foundation. This is true for buildings of any size, from large multi-family apartment complexes down to pre-built tiny homes, and everything in between. In the rental market, the safety of rental properties is always on the minds of landlords, property managers, and tenants alike. A poorly maintained…Read More→
How Tenants Can Prevent Water Damage
Water damage is a costly problem that no landlord ever wants to face. According to the Insurance Information Institute, from 2017 to 2021, water damage (including freezing) accounted for nearly 25% of all homeowners loss claims, second only to wind and hail damage. Water damage is particularly pervasive since it often causes thousands in damage…Read More→
Florida Rent Increase Laws
With rents rising all over the country, property managers, landlords, and tenants everywhere are wondering what the laws are surrounding rent increases. In some states, rent control and stabilization laws prevent landlords from making rent increases over a certain percentage within a set period of time. In other states, rent is not regulated at all….Read More→
Tips on Being a Successful Long-Distance Landlord
Owning rental property in southwest Florida can be an excellent investment, even for those who don’t reside nearby. Whether you’re across the state or in a different country, being a long-distance landlord presents unique challenges. At Douglas Realty Property Management, we specialize in helping property owners navigate these challenges with ease. In this post, we’ll…Read More→
How to Run a Credit Check on a Tenant
If you’re going to rent out properties, residential or commercial, you need to be familiar with a tenant credit check. Knowing how to perform a credit check is essential to safeguard your property from tenants who may be financially irresponsible or owe money to other landlords. At Douglas Realty Property Management in southwest Florida, we…Read More→
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