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When you purchase a property to rent out for investment purposes, one of the major expenses involved will be insurance. If you own your own home, then you’re probably familiar with homeowner’s insurance. However, your insurance needs as a landlord simply will not be met by your standard homeowner’s policy, mostly because homeowner’s policies won’t…Read More→

If you’re researching potential real estate investment options, you’ve likely found yourself wondering how single-family properties and multifamily properties compare. Many investors profess the benefits of owning multifamily properties, where one roof can bring in 4+ rental payments each month. However, single-family properties have their advantages too! Here we go through several considerations you should…Read More→

If you rent out the property, at some point you’re going to have to deal with a request to sublet. In this post, we’ll define subletting and review the best subletting practices for Florida landlords. What is Subletting? Subletting is when a new tenant completely replaces the current tenant, requiring a totally new lease agreement….Read More→

If you’ve ever considered buying a rental property, you’ve probably given some thought to where you’d like to purchase. Buying in an area that is popular with tourists is a great way to maximize your property’s occupied nights. Here in southwest Florida, we have no shortage of tourists to fill up rental properties on our…Read More→

In Florida, all leases for residential tenancy (with a few exceptions) include an implied warranty of habitability. This quite simply means that the landlord is responsible for keeping the property in a safe and liveable condition while it is being rented out. This warranty is implied, meaning it does not have to be expressly written…Read More→

What is a Security Deposit? A security deposit is simply money a customer puts down to insure against potential loss and damage to the item being rented or used. A security deposit gives the customer “skin in the game” and helps ensure that they properly care for any property in their possession that they do…Read More→

If you’re new to investment property, you probably already know there’s a lot of industry jargon. From calculating cap rates to searching the MLS to find FSBO properties, there are plenty of terms to learn. Today, we’ll add another to your vocabulary – rent roll. Rent Roll Definition A rent roll is quite simply a…Read More→

It’s always a good idea to have a professional inspection done before purchasing a home. A home inspector knows exactly what to look for to prevent costly problems in the future. Most homes have a few problems when they go up for sale, but some properties have serious issues that will cost thousands to repair….Read More→

Have you heard about the riches people are raking in renting out their spare properties as vacation rentals and want in on the action? While owning a vacation rental can be a lucrative investment, it’s not all sunshine and dollar signs. When it comes to vacation rentals, there are a lot of risks that come…Read More→

Are you considering renting out your home? If so, there are a few things you should keep in mind. Renting your home can provide some great benefits, but it also comes with some risks. Here are a few things to consider before making your decision. Benefits of Renting Your Home Some of the benefits of…Read More→