Palm Coast Property Management Blog

Investing in a rental property is the ideal strategy to generate wealth in real estate and build a passive and reliable stream of income. However, this investment requires pragmatic decisions, research and a diligent property analysis to understand how profitable your chosen investment is likely to be. There are multiple aspects that you ...

In the wake of the COVID-19 crisis and the resulting lockdown, staying home and maintaining social distancing is the only way we can ensure our safety. This means put an end to all our vacation dreaming and travel planning. Unless there is a vaccine or immediate end to the coronavirus pandemic, the future appears grim and uncertain.Many h...

The world as we knew it is no more, everything has taken a turn for worst. The current pandemic situation is more or less the same across the globe. Businesses are suffering, and economies are crashing. Amid all of this, the landlord and rental property business are suffering as well.The COVID-19 is making it hard for people to hold on to...

Businesses need a future plan, even if you start a small business from home; you need to know what the future holds for your business. A business plan needs the head of the business layout strategies and questions for the team.As a landlord or a property manager, you have a considerable business to think about. You have the safe keeping o...

The vacant rental property and its consequences get so scary that most landlords pick the first application that comes through their door. Most of the time, they do not think how bad things can get if they dint screen their tenants and let the wrong ones in.When landlords slack while screening, they can end up with the worst possible tena...

The “No-Fault Eviction” comes into play when a landlord doesn’t renew the tenant’s lease without any reason. This term has become a huge deal in recent years and has made headlines. Many honest tenants have been a victim of No-Fault Eviction.In San Francisco teachers are raging against this rule, and they are askin...

What most people don't know that the economy was on the rise before COVID-19 hit. The economy wasn't stable but prevailing. The unemployment rate in the US was an all-time low, the wages rose by 3%, all in all, 2019 ended strong, and the prediction was that 2020 was going to be a good year, but alas! Nature had different ideas.Aro...

COVID-19’ situation has paralyzed the world; every business and career is suffering, the work from home and remote working status is now pretty much necessary. So no matter what industry you run, you need to adapt to the work from the home regime. One of the hardest businesses to adapt to this work from the home regime is real estat...

If you are a real estate agent or even a broker, you must know how much of a fact it is when we say that you must have played many roles in your career. You must have been an educator, a guide, a negotiator as well as a sale person. There is no end to the role a real estate agent has to take. However, these are nothing compared to the mos...

If you want your rental property to be a profitable one, you need to conduct residential rental market analysis as soon as possible. Without it, you may never be able to reach the high potential of your property.RMA or Rental Marketing is how you analyze the market to know the market profitability as well as compare it to the current prof...