by Andrew Dougill | Apr 3, 2020 | Owner Education, Tampa Property Management
Investing in Tampa real estate provides some great opportunities for earning money and building wealth. There are two important things to remember, whether you’re a new investor looking for your first purchase or an experienced investor who wants to grow an established portfolio:
by Andrew Dougill | Oct 11, 2019 | Tampa Property Investment, Tampa Property Management, Uncategorized
Every real estate investor has different goals. Maybe you want to diversify a larger investment portfolio with real estate so you can achieve a level of financial security now and in the future. Perhaps your goal is to build generational wealth so you can pay for your...
by Andrew Dougill | Jul 11, 2019 | Property Management Education
At Hoffman Realty, we spend a lot of time staying current in the property management field, and one of the ways we do that is by following podcasts that pertain to the work we do. One of the podcasts we listen to is The Property Management Show, a podcast that...
by Andrew Dougill | May 10, 2019 | Security Deposits, Tampa Property Management
A rental property is just like an automobile. It wears out as it’s used.With an automobile, you have to change the oil and buy new wiper blades, new tires, new brakes, etc. A rental property is like this; it also wears out over time, and if you don’t maintain it, the property will let you down.
by Andrew Dougill | Apr 1, 2019 | Lease Tampa Rental Property, Tampa Property Investment, Tampa Property Management
Owning an investment property can be a lucrative and profitable experience, but it comes with risks, and how you as a landlord manage those risks can determine the ultimate success of your investment.
by Andrew Dougill | Mar 1, 2019 | Lease Tampa Rental Property, Tampa Property Management
Beware! Criminals attempting to steal from potential renters using rental scams on Craigslist, Zillow and Trulia is a huge problem in the Tampa Bay area right now.
by Andrew Dougill | Feb 1, 2019 | Lease Tampa Rental Property, Tampa Property Management
This week 2 different landlords contacted us with questions about safety equipment in their rental property. One landlord asked if they needed swimming pool safety equipment as their pool was installed prior to the year when building codes required safety equipment on new pools. Another landlord asked if a CO detector was needed with an attached garage, since the home was built prior to them being required by building code.
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...
