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 smart investor. Take a Long Term View Residential real estate is a fantastic tool… [Read More]
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]
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 a rental property can be a lucrative and profitable experience, but it does come with risks, and how you as a landlord handle those risks will ultimately determine how successful you are. This is part two of our four-part blog on risk management for landlords. In part one, you learned… [Read More]