Palm Coast Property Management Blog

Investing in a rental property as a side income is a great option, and if you play your cards right, you can even turn this in your primary income source. As a landlord, the most important part of your job is to keep a vigilant eye on the property, make sure the tenants treat it good, and that there are no maintenance and repair issues.Th...

In markets where renting an apartment is very difficult because of limited supply, you will need much more than your what you earn and credit score. It’s the same as having a dream job or getting a perfect partner, the process is not easy. People in such markets do all sort of things like renter resume or hiring an agent to take car...

Here’s how you can merge your real estate business with property management services and make it work.Assess the LogisticsThere are a few business basics to consider before taking the leap:The fact that your real estate brokerage gets inquiries regarding renting doesn’t mean that you need to jump into that. 50% of Vegas m...

Whether there is any truth behind the complaints of the tenants or not, it will leave a bad mark on your reputation as property managers. This will also hurt your business and potential profits. Here are common mistakes that managers make that can become a negative review by their tenants.Charging late fee, even when the rent is a day lat...

The renter’s pool, at the moment, comprises of three separation generations with very different characteristics. To get a high return on your rental investments, you need to understand the dynamics of these three generations. Here is an elaborate explanation of these dynamics to help you understand your renters better.Generation XFi...

Responsive property management teamPutting together an agile team is a concept that is mostly linked with software development, but seeing the profitable approach many industries have been adapting to this thought process? Real estate is no different; adding an active property management team can benefit in the long and short-run both.The...

Among other duties and responsibilities, a rental property manager also must see through the lies and deception, and there are many daily. Tenants deceive and lie a lot, whether it's about their income or their rental application or credit, a landlord must be sunning enough to catch these lies.These may seem like white lies, but there...

Like every other landlord or property manager, it is your desire to have tenants who continue to live at your rental property for a very long time. Nothing is permanent and every tenant that comes in has to move out one day. But you can avoid frequent and costly tenant turnovers if you are able to retain your tenants for a long time. Here...

Others envy you for getting passive income month after month, but they don’t realize the risks you are running. From dealing with applicants and collecting rent from tenants, you manage everything with your rental property including repairs and maintenance. Last thing you want is a bad quality tenant and therefore, you use tenant sc...

When you are just starting out as an investor, you have very little idea of how things work in this industry. You are just building your team and it is natural to make mistakes costing you dearly. However, it is a good idea to learn from mistakes committed by others and from the tips given by experts and seasoned investors. These tips hel...