Miami Property Management Blog

Miami has one of the highest home vacancy rates in the country.If you're a landlord, you know that vacancies are your biggest enemy. They stand directly in the way of you breaking even, let alone making money on your investment property. To combat vacancies, you need to be proactive and consider tenant placement from a Miami property ...

Are you an accidental landlord? While how you got to your new status can vary, one thing stays the same. You have a unique chance in the most competitive rental market in the country. Before you dive headfirst into becoming a landlord, consider what comes with your new role.This guide explains the pros and cons of accidental landlords in ...

Miami is consistently ranked in the top 10 cities in the USA. So it is the ideal place to start or grow your rental business.But to stand out as a landlord in 'The Magic City', you need to offer amazing customer satisfaction. An easy way to do that is to have an online tenant portal.This article is here to give you five amazing be...

As an investment property owner, you may have heard of Miami Section 8 housing but never given it much thought. Would it pique your interest to know that the federal government has set aside $30.3 billion to pay rent to landlords this year?Under the Housing Act of 1937, these funds go toward paying 70% of rental amounts due by qualifying ...

Rental vacancy rates in the US are at 5.8%. If you're not attracting tenants, your vacancy rate will continue to rise. You won't generate income from your real estate investing business.Before that happens, develop a property marketing strategy. With a strategy in place, you can attract and keep tenants, even in a tough market.Sta...

Have you considered renting out an investment property or your existing home?While this is an exciting venture, it can be a huge challenge for first-time landlords. You'll have to deal with local laws and regulations pertaining to renting out property.Plus, how do you deal with tenants? How do you build a lucrative income from real es...

As of June 2023, the median rate for a two-bedroom rental in Miami is $3,900. Miami ranks seventh in the US for potential rental shortages.With properties in high demand and rental rates continuing to soar, rental inspections become even more important.You want to ensure your current tenants are happy and that the property is being mainta...

As a rental property owner, your first concern should be protecting your property.There's no denying that rental properties experience a lot of wear and tear. Whether you've got a single-family home or an apartment block, you need to ensure that your property doesn't degrade over time. Some of this comes down to regular mainte...

About 70% of U.S. households own at least one pet. Pets make excellent little companions and most people are unwilling to give up their furry friends when they move. However, not everyone allows pets in a rental property.If you own a rental property, you might be trying to decide whether or not you should allow pets. It's a tough call...

The sun-soaked allure of Miami continues to attract people looking for a warm and relaxed lifestyle. So it's the perfect spot to start your search for an investment property.In this guide, we'll outline some of the most notable trends shaping the Miami rental market in 2023. We'll help you navigate some of the concerns you mig...