Today, I want to talk about what I see is the missing piece of most real estate investment financial analyses – reserves for replacement.
Tampa Property Management Articles
How to Lose a Good Tenant by Using a Home Warranty
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 you more money rather than they… [Read More]
5 Landlord Tips to Have Better Relationships with your Tampa Tenants
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]
How to Raise Rent on Your Tampa Rental Property – Landlord Advice
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]
How to Protect and Maintain Your Tampa Rental Property
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.
How a Property Manager Saves a Landlord Money in Tampa
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]
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