Property owners have two options when it comes to managing their rentals : doing it themselves or hiring a property manager. When a property owner does their own management, they are called a landlord. If a property owner hires a third-party property manager, it can be an individual or a company. Renting From a Landlord…Read More→
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The connection between Douglas Realty and the communities it serves.
What to Consider Before Evicting a Tenant
It’s a scenario every landlord wants to avoid, but if you own rental property for long enough, you may eventually have to deal with an eviction. If you own rental property in Florida, you must follow very specific procedures to lawfully evict a tenant. Not following these procedures can have severe financial penalties for the…Read More→
6 Tenant Red Flags to Keep an Eye Out For
Your rental properties aren’t just an asset, but they’re a source of income, so allowing just anyone to move in is a terrible idea! When renting out one of your properties, you want to be sure the tenant will care for the location just as well as you would, and also respect your landlord-tenant relationship….Read More→
Do I Need to Hire a Property Management Company?
If you own multiple rental properties, there’s no doubt that you’ve thought about hiring a property manager to deal with the day-to-day issues that tenants can bring. From minor repairs to major renovations, rental properties require investment, maintenance, and a major time commitment in order to minimize problems and maximize revenue. This is where a…Read More→
What to Check for During a Rental Property Inspection
Now that you’ve found a tenant, the deposits have been paid, and agreements have been signed, it’s time to move the tenant into their new place. Before you hand over the keys, you need to conduct a comprehensive inspection of the property, including extensive photographs and proof of date. Then again, at regular intervals during…Read More→
What Rights Do Landlords Have to Enter a Rental Property?
One of the most common questions landlords have when renting out their properties is about when they are allowed to enter. Florida has very specific rules that govern when a landlord can and can not enter a property they are renting to a tenant. Violating these laws is not just an invasion of the tenant’s…Read More→
Tips on Maintaining a Good Landlord and Tenant Relationship
When renting out your properties, you always want to maintain a polite and professional connection with your tenants. Keeping a good relationship with your tenants will reap many benefits, including: Less rent payment delinquency Better communication Respectful care of your property Lower vacancy/turnover rates and associated costs So, how exactly do you build a great…Read More→
The Pros and Cons of Lowering Monthly Rent
When attempting to lease out your property, you may want to consider offering rental concessions to attract occupants quicker. One of the most popular rental concessions is lowering the monthly rent for a set number of months. In some cases, rent is lowered for the entire lease term. If you’re wondering how lowering the monthly…Read More→
Why You Should Get Pre-Approved for a Home Mortgage
Buying a home is an exciting, but stressful endeavor. Ease the stress of this process by arming yourself with as much information as possible before you even start looking at properties. One of the best pieces of information you can have when looking for a new home or property is a mortgage pre-approval. A mortgage…Read More→
Reasons Why You Need a Home Inspection
Buying a home is a huge investment. For many people, their home is the most valuable asset they own, which is why it is so important to protect yourself when purchasing a new home with a comprehensive inspection. Other than living in the property yourself, nothing will give you the insight and guidance to make…Read More→
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