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 your rental property, and why it’s important to… [Read More]
Tampa Property Management Articles
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. One of those factors is the amount of rent you… [Read More]
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.
Can a Tampa property management company save a landlord money? Often, landlords who have previously managed their own properties will hire us. Perhaps because they get tired of phone calls at 2:00 am regarding blocked toilets. Whatever the reason, typically after about a year or so of us managing the property, they notice that the… [Read More]
There are 3 potential issues landlords face when allowing tenants to paint their Tampa rental property. So before we answer the question of whether you should allow your tenants to paint your Tampa rental property, we want to cover those things that you need to think about. Workmanship The first is workmanship. I see a… [Read More]
Risk Management for Landlords Owning rental properties can be a lucrative and profitable experience, but it does come with risks. How you as a landlord handle those risks will determine the success of your rental endeavor. This is part four of our blog series on risk management and we’re talking about not renting to the… [Read More]