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]
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.
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.
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 and the biggest penalties if you… [Read More]
A credit report can tell you a lot about a potential tenant’s attitude towards paying bills. It’s a lot more than just the credit score. There are three things we recommend you judge when you’re looking at a prospective tenant’s credit report.
Moving Rental Properties into LLCs Many experienced landlords have moved their properties and put them into LLCs. Today we are talking about the reasons for that move, which is primarily to protect themselves from liability. Once you put your house on the rental market and you begin earning income from it, you have to change… [Read More]