by Andrew Dougill | Nov 16, 2018 | Tampa Property Management
When you invest in a single family home, you want to buy one that will make the best rental property. I have been investing in residential properties since the mid-1980s, and I have learned that not every single family home makes a good investment. Today, I’m sharing...
by Andrew Dougill | Oct 16, 2018 | Tampa Property Management
Today, I want to talk about what I see is the missing piece of most real estate investment financial analyses – reserves for replacement. Understanding Reserves and Replacements Reserves for replacement are line items, usually in the net operating income...
by Andrew Dougill | Sep 18, 2018 | Tampa Property Management
Can I use a home warranty? If you currently have a home warranty, property managers will use it. However, we will ask you not to renew it for two main reasons. The first reason is that home warranties are not tenant-friendly. The second reason is overall, they cost...
by Andrew Dougill | Nov 19, 2017 | Tampa Property Management
I recently heard a quote: A rental property with a good tenant is an income producing asset, whereby a rental property without a tenant is a liability because it just sits there losing money. I love this quote because it illustrates the importance of your tenant to...
by Andrew Dougill | Jul 5, 2017 | Tampa Property Management
There are two scenarios in which you would raise rent. Those are between tenants and with an existing tenant in place. First, think about why you would raise rent. Being a landlord is a for-profit business, and there are many factors that affect your profitability....
by Andrew Dougill | Jun 7, 2017 | Tampa Property Management
A rental property is like a car. If you don’t properly maintain it, it will probably let you down. If you’re wondering how to protect and maintain your rental property, we recommend the following three things. Listen to Your Tenant to Protect and Maintain Your...
