Rental property maintenance in Tampa This is the beginning of a 4-part blog series on rental property maintenance in Tampa, Florida. The first blog, which is today’s topic, covers the importance of annual inspections. In part 2, we will talk about maintenance during tenancy, in part 3 we will discuss what not to do with… [Read More]
Being a Landlord in Tampa: Putting Rental Properties in LLCs versus Corporations
Putting rental properties into LLCs versus corporations. We have also discussed why put rental properties in LLCs and some of the issues of owning rental properties in LLCs. Before we get started, I want to remind you that at Hoffman Realty, we are not attorneys. We are property managers and real estate agents. Please make… [Read More]
Tampa Property Management Advice: Should Landlords Accept Pets? – Part 3 – Pet Liability
Your pet policy is an important part of renting out your Tampa residential property. In the first two blogs in our series on property management, landlords and pets, we explained why it might be a good idea for you as a landlord to accept pets. We also explained how pet damage can be minimized when… [Read More]
How Does Landlord Insurance Work and Why You Need It
Successful landlords know: if you plan on renting your Tampa Bay property, you will need landlord insurance. Landlord insurance helps protect you from any financial losses associated with your rental property. If you’re going to be renting your personal residence, you most likely already have homeowner’s insurance. When you rent your personal residence, you will… [Read More]
How Do You Know Your Property Manager is No Good? 3 Signs to Watch Out For Part 1 – Unresponsive property manager
3 Signs That Your Property Manager isn’t Good Selecting the right property managers can mean the difference between a profitable investment and a stagnant rental unit. Managing a rental property is no easy feat and you need a property manager who is knowledgeable and willing to get the work done. Finding someone who can run… [Read More]
Rental Property Maintenance in Tampa: How to Report Maintenance
Today, we have our final blog in the 4-part blog series on rental property maintenance in Tampa. How your tenants should report maintenance to you. We recommend having tenants report all maintenance issues in writing. There is one exception to that rule, and it’s for emergencies. If there is a maintenance emergency, you want your… [Read More]