Palm Coast Property Management Blog

It is natural for any inexperienced real estate investor to feel very excited when he is about to strike his first deal. But this excitement has its own drawbacks as it can fog their vision and they may not be able to see things clearly. This excitement can prove costly for newbie investors as they pay a little more than they should for ...

As a landlord, you are aware of eviction process that is used to get rid of bad tenants. One kind of eviction has become a topic of heated debates these days. It is called No Fault Eviction. Many tenant groups are raising demand to stop landlords from using this kind of eviction.  If you do not know what a No-Fault Eviction is, this...

New Year brings new hopes and opportunities, and this holds true for the real estate market and investors too. Many investors did well in 2018 though it was also a year of many challenges. Will it be the same in 2019 or there is something else in store for us?  Let us look at the road ahead of us in the year 2019: Investing will be...

You get that sinking feeling when you don’t find your tenant inside your rental property for few days. Has he abandoned you? You have tried to contact him, but he has not replied. You checked the home and found that he has taken away all his belongings. Here is how to deal with such a situation. You know you need to act now e...

If you are a small-scale real estate investor, you know how important it is stay close to your tenants. You can learn about their problems and solve the issues quickly. This helps in developing close relations with your tenants. In fact, you learn how small things can help you in developing strong bonds with your tenants. You will be sur...

Investors often buy apartment buildings inhabited by tenants. This is a nice situation to be in as you can expect immediate return on your real estate investments through monthly rental income. However, inherited tenants can also be a bad proposition as you have no idea how they have been screened by the owner of the property.   Als...

There are many ways of running a business for a landlord.  One of the most common of these methods is to create an LLC (A limited liability company). By using this method, a landlord can earn more profits as his main business gets separated from his other property. Also, there is much reduced risk to the personal property of a landl...

If you have been a landlord for some time, you have good and bad experiences with your tenants. You can forget a good quality tenant, but it is hard to forget bad tenants. How can you forget a cunning tenant who walked out in the middle of the night without paying his due rent? You still feel bad and wish to get a chance to take revenge ...

As a real estate investor, you carry out rehab in most of the properties you purchase. It is a difficult and costly process that is different with different real estate properties. However, one thing that makes these rehabs desirable is the fact that they add value to a property. But you should not be concerned only with this aspect of r...

As a real estate investor, you can hope to make lots of money. But what matters is not your income but how much you can retain by the IRS.  Apart from taxman, others looking at your money are the contractors, your tenants, and the stores form where you buy your supplies from. You must work hard to keep the money you earn in your poc...