Long vacancies are frustrating, expensive, and best avoided. The local rental market moves pretty quickly, and an attractive, well-maintained home that’s priced competitively isn’t likely to be left unoccupied for long.
Investors often ask us about the best time to buy an investment property in the Tampa market. The perfect time would be at the bottom of the market, but it’s difficult to get the timing exactly right.
If you’re like most self-managing landlords, you might be resisting professional Tampa property management because you think it’s more expensive than doing it yourself.
That’s the simple answer to this question, but today we want to expand on why and when it’s really critical to put your investments into experienced, professional hands.