Palm Coast Property Management Blog

Wednesday, May 31, 2023

Challenges of Being a Landlord
Property Management Blog

Having a rental property is an easy way to make money, many people have this perception. However, reality can be different, it might not be as easy as it seems. Being a landlord is very challenging and demands a lot of time and money too.  These challenges vary in different situations, but here are some typical ones, which you need t...

Sunday, May 28, 2023

Rental Property Depreciation: What Is Property Depreciation And How It Works?
Property Management Blog

Property depreciation is a money-saving tool for the owners of rental property. Landlord can deduct the cost of improvement from the taxes he is supposed to pay. It reduces the taxable income and you can save some money. Real estate investment is a lucrative investment. It can be a steady source of income without much time investment. You...

Thursday, May 25, 2023

Selling Rental Property: Is It Possible to Make Profit?
Property Management Blog

In contrast to shares, which can be sold even with a few clicks from our smartphones, rental or investment properties take time and effort to sell. After taking the decision, it might take weeks or months to sell the property. Selling an investment property can become an overwhelming process.While dealing with investment properties, ...

Monday, May 22, 2023

Rental Property: Tips For First Rental Property Investors
Property Management Blog

People invest in properties to save money and have a good return. Rental properties are good investments if you want to add a good amount to your monthly income. However, buying a rental property is not easy. First-time investors need to get information about mortgages, leasing rules, and property management. Real estate is a lucrative bu...

Friday, May 19, 2023

Short-term rentals or long-term rentals: Which is the best investment strategy for new investors?
Property Management Blog

Short-term rentals are very popular because they offer various advantages. These benefits make them a perfect fit for first-time investors. Investors need a low initial investment if they want to rent an extra room in their house. It’s very attractive to have a new source of income without major capital investment. A new investor ca...

Tuesday, May 16, 2023

Rent Escrow: A Shield for Tenants
Property Management Blog

Around 44 million Americans today rent their homes. If you are one of them, you would be familiar with the fact that tenants usually go to their landlords for any troubles they face during the tenancy. But we all know that not every landlord pays attention and addresses the issues arising. This may lead to an uncomfortable and disastrous ...

Saturday, May 13, 2023

How to Convert A Casual Home Into Rental Property?
Property Management Blog

People convert their properties into rental units for different reasons. Sometimes they want to sell the house, but can’t get the value they demand or expect. So, they decide to rent it out until they find a good buyer. In other cases, rented homes are gifted properties or family homes, which owners don’t want to sell. Sometim...

Wednesday, May 10, 2023

Unraveling the Mythology of Tenant Screening: A Comprehensive Analysis
Property Management Blog

Navigating the world of real estate, particularly when the focus is on property leasing, often involves dealing with a complex web of misconceptions. A prevalent one centers around landlords and the paramountcy of identifying the ideal tenant to ensure a steady flow of profits. Savvy property investors understand the close correlation bet...

Sunday, May 7, 2023

Forecasting Mortgage Rates in 2023: Balancing Expectations and Realities
Property Management Blog

As the new year unfolds, the concern about mortgage rates looms large in the minds of many individuals, including homebuyers, property agents, and investors. Everyone is eager to unravel the trajectory of mortgage rates in the coming months to strategically plan their next moves in the ever-evolving real estate landscape.The Trajectory of...

Wednesday, May 3, 2023

Florida Property Management Fees Uncovered: Understanding the Average Costs
Property Management Blog

Delving into the realm of property management, a comprehensive understanding of the average fees associated with the service is indispensable for both property owners and managers alike. This all-encompassing guide sheds light on the multitude of factors that influence property management fees, ultimately empowering you to make well-infor...

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