Palm Coast Property Management Blog

Friday, December 7, 2018

What to do if a tenant starts a business in your property?
Property Management Blog

Many people are forced to work from home as they do not have the resources to start business in a commercial place. But you as a landlord do not like the idea of any of your tenant starting his business in your property. This is because there are consequences that you must bear as the owner of the property. Here is what to do if you lear...

Tuesday, December 4, 2018

Why is your Property Proving Unattractive for Renters?
Property Management Blog

High vacancy rates can frustrate any landlord. This business is based upon rental income and hence a landlord becomes upset when he finds that majority of units in his property are lying vacant. There can be many reasons why a property is not renting but if you have maintained it properly and it is also in a good location, the culpr...

Sunday, December 2, 2018

What do you do with the Security Deposit of your Tenants?
Property Management Blog

Tenants have this misconception that landlords do not refund their security deposits. This idea has crept in the minds of tenants because of instances where landlords have forfeited deposits on various grounds. There are many landlords who have started to think that they can keep security deposits on flimsy grounds. However, it is not a ...

Wednesday, November 28, 2018

Things to do on the First Day of a Month
Property Management Blog

The first day of every month (and a few days after that) is very important for all landlords. There are rents to be collected from some tenants, renewal of leases of some tenants to be done, and supervision of units being vacated by some tenants. While you can relax in the coming weeks, this is the time when you need to be alert and caut...

Sunday, November 25, 2018

How to Avoid Being Caught in a Pump and Dump Scam?
Property Management Blog

Many investors have fallen prey to pump and dump scam in the past. They buy properties that are nothing more than a pile of trash thinking they are buying great properties. These properties appear very alluring as they are available for very low prices. But the investor learns the lesson only after buying them as he finds that rehabbing ...

Friday, November 23, 2018

Do your Calculations before taking up Fights Against Tenants
Property Management Blog

There are numerous instances where tenants have caused severe damage to the property of their landlords. This has happened when relations between tenants and landlords turn sour and both try to harm each other’s interests. It is necessary for landlords to maintain relations with their tenants at professional level. They should not ...

Tuesday, November 20, 2018

Calculate Cash flow by Working Backwards from the Rent
Property Management Blog

Calculating actual cash flow form a rental income property is crucial in making sure your purchase turns out to be fruitful. This exercise tells you whether a given property is worth the price that is being asked by the seller or not. This calculation is also useful in arriving at an asking price for a property in which you are interest...

Saturday, November 17, 2018

Save your Skin with an Independent Contractor Agreement
Property Management Blog

Real estate investors must work with contractors on a frequent basis. They usually look for properties where they can earn good money. Investors know it is a bit risky working with these contractors. However, they can mitigate this risk by using independent contractor agreement. One of the risks for realtors working with contractors com...

Monday, November 12, 2018

How to make sure Tenants Picked by you are Good Ones?
Property Management Blog

One question often disturbing potential landlord is whether they can pick good tenants for their properties or not. Experts believe there is no way of knowing you have picked an ideal tenant, but you can certainly increase the likelihood by putting in place a tenant screening process. This is because you know something good or bad about ...

Wednesday, November 7, 2018

Does Mass Marketing Produce Desired Results?
Property Management Blog

One receives so many calls on his phone form sales reps of mass marketing systems that it becomes annoying at times. There are internet marketing gurus having developed these systems through seminars as well. Having said all this, are these mass marketing systems worth their prices? I may not have read or seen such a system, but I think...

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