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 | Aug 21, 2018 | Tampa Property Investment
My name is Andrew Dougill, and I’m one of the owners of Hoffman Realty, along with my wife, MaryAnn Hoffman. MaryAnn founded the company in 1998, after she graduated from the University of South Florida. Almost immediately, some of her investor owners asked if she...
by Andrew Dougill | Dec 19, 2017 | Tampa Property Investment
I have personally owned residential real estate properties for over 30 years. Over those 30 years, Hoffman Realty has managed thousands of investment properties for other landlords. Based on that personal and professional experience, these are my five tips for the...
by Andrew Dougill | Nov 21, 2017 | Tampa Property Investment
If you’re considering that you might want to manage your own property in Tampa, there are three specific considerations you need to keep in mind. In today’s episode of our helpful blog series for landlords, we’re talking about the knowledge, time, and skills you...
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 | Oct 24, 2017 | Lease Tampa Rental Property
When you’re talking to a potential tenant for the first time, there are 5 specific questions that can help you pre-qualify that tenant. There are also some questions you should avoid. Credit Score To pre-qualify, ask the potential tenant about credit score. This gives...
by Andrew Dougill | Sep 26, 2017 | Tampa Property Investment
This is a follow up to our earlier blog in which we talked about the top 5 laws every landlord needs to study. That particular blog covered federal laws. Today, we’re state-specific, and we’re discussing the top 3 Florida Laws every landlord needs to study. Florida...
by Andrew Dougill | Aug 30, 2017 | Tampa Property Investment
There are a lot of landlord laws and regulations that apply when you rent a property, from federal to state to county and even city levels. Today, we’re discussing the top five laws that need your attention. These are all Federal laws. They tend to have the most teeth...
by Andrew Dougill | Aug 2, 2017 | Tampa Property Investment
In the last couple of years, about a quarter of all the inquiries to our office have been from move up buyers. A move up buyer is a person who is buying a bigger home or a nicer home, or a home that’s better located. They are trying to decide if they should keep their...
