Palm Coast Property Management Blog

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...

There are some tenants who can prove difficult to handle. They not only pay their rent late and after receiving reminders but also take offense to whatever their landlord has to say or tell them about taking care of the rental property. How do you communicate with these difficult tenants and make sure they have understood your point of vi...

Climate change is a topic of hot discussion all over the world. Rising sea levels, severe flooding, fires in forests, and snow fall in unusual places are bothering governments around the globe. In U.S, the flash floods in the Midwest region this year caused damages to the tune of $1.5 billion. In 2018, the country saw real estate damages ...

Like business, cash flow is very important for a real estate investor. You need to understand what positive cash flow is and how to calculate it when investing in a rental income property. If the difference between your earnings and expenses is positive, you can breathe easy as your property is enjoying a positive cash flow.Income should ...

Pets have become very common in households around the country and almost every family has a pet or two these days. In such a scenario, it is advisable to have a rethink on your policy of no pets if you are the owner of a multifamily apartment building. With a vast majority of your target group of renters being pet owners, you are hurting ...

As an investor, the most important thing for you is the profit you make on your investment. But when you buy a rental income property, your profit is the money you earn in the form of rent you receive from your tenants. Of course, the value of the property increases over a period of time but you are mainly concerned with its rental income...

You know that investing in rental income properties is a wonderful way to create asset and wealth. But you also know that you cannot expect good rental income from any property in any condition and in any location. You must identify the right property at the right price to make your investment profitable. This can be a very challenging ta...

Location of property has great importance in real estate investing. While most investors prefer to buy properties in their own cities, there is no dearth of investors who choose properties in locations outside their own cities. Though there are preferences of investors regarding the location, experts believe that an investment property sh...

Being a property manager is a thankless job where you find yourself always busy with either the upkeep and repairs or dealing with the problems of tenants. In addition to marketing, tenant screening, and rent collection, you also need to prepare the property according to changing seasons. If your property is located in an area that experi...