Palm Coast Property Management Blog

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

Sunday, December 2, 2018

What do you do with the Security Deposit of your Tenants?
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 ...
Blog Post Things to do on the First Day of a Month

Wednesday, November 28, 2018

Things to do on the First Day of a Month
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...
Blog Post How to Avoid Being Caught in a Pump and Dump Scam?

Sunday, November 25, 2018

How to Avoid Being Caught in a Pump and Dump Scam?
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 ...
Blog Post Do your Calculations before taking up Fights Against Tenants

Friday, November 23, 2018

Do your Calculations before taking up Fights Against Tenants
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 ...
Blog Post Calculate Cash flow by Working Backwards from the Rent

Tuesday, November 20, 2018

Calculate Cash flow by Working Backwards from the Rent
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...
Blog Post Save your Skin with an Independent Contractor Agreement

Saturday, November 17, 2018

Save your Skin with an Independent Contractor Agreement
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...
Blog Post How to make sure Tenants Picked by you are Good Ones?

Monday, November 12, 2018

How to make sure Tenants Picked by you are Good Ones?
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 ...
Blog Post Does Mass Marketing Produce Desired Results?

Wednesday, November 7, 2018

Does Mass Marketing Produce Desired Results?
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...
Blog Post You can Inspect a Property from outside Sitting in a Car

Monday, November 5, 2018

You can Inspect a Property from outside Sitting in a Car
As a real estate investor, you are always on the lookout for new properties to add to your portfolio. However, buying a property that is profitable and offers good returns on investment requires careful and close inspection. There are some investors who can make an intelligent guess about the feasibility of a property by just having a lo...
Blog Post Can a Speedy and Inexpensive Rehab also be High Quality?

Friday, November 2, 2018

Can a Speedy and Inexpensive Rehab also be High Quality?
As an investor, you often come across properties that require lots of repairs or rehabbing. You must rely on the skills and experience of the contractors to prepare these properties before they are ready for sale or for generation of rental income. Money and time are of great essence in such projects and you want someone to carry ou...

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