Miami Property Management Blog

There are many changes that range from tax deadlines and stimulus checks to new tax credits and new depreciation rules. Additional changes include government loan programs, retirement account rules, as well as opportunities to turn tax losses into immediate cash in hand...https://www.biggerpockets.com/blog/coronavirus-relief-bill-real-est...

Without a doubt, the biggest profit killer is high turnover and vacancy. Most seasoned buy and hold investors/landlords would agree. One strategy used to pivot with the changes coming in the markets, is to pay particular attention to and care for your Section 8 Voucher holders. In times of uncertainty, they are actually the most reliable,...

Landlords across the country are in uncharted waters. Unlike economic downturns of the past, the impact of the coronavirus is profound, and not only threatening lives, but also the means and way in which we do business...https://www.biggerpockets.com/blog/how-to-reduce-vacancy-economic-downturn

How covid19 will affect South Florida real estate is a big mystery. But it is certain thousands of people and businesses will have trouble paying their rent and mortgages because of lost jobs and lost business...https://www.wlrn.org/post/sunshine-economy-south-florida-real-estate-and-coronavirus#stream/0

Although there are several moving parts to the $2 trillion economic aid bill, and the reality is that not everything is clear, the IRS recently released the most up-to-date guidance yet. Here are 5 things about the check that you need to know:1. Are you eligible for an aid check?2. Most people won't have to anything to get t...

Congresswoman Debbie Wasserman Schultz offers information on Changes to Unemployment Benefits, recently passed by Congress namely the Coronavirus AAid,Relief and Economic Security Act (or CARES Act). Steps for applying for Assistance in Florida.

Record 6.6 million Americans file jobless claims. Many are finding out they cannot file for unemployment online; some calls to the North Carolina Division are disconnected or placed on hold for lengthy periods due to an increase in call traffic. State Unemployment Agencies are overwhelmed... https://edition.cnn.com/2020/04/04/politics/une...

Interest rates are at a historic low and banks are still hesitant to lend. Selling right now will be difficult and there should be extreme caution if buying, until we fully understand the long-term economic impact of this pandemic...https://www.biggerpockets.com/blog/what-zero-percent-interest-rates-mean?utm_source=newsletter  

Here is a four-step guide to managing your expectations during these unprecedented times:1). Don't Panic- read lots and educate yourself about the relief/stimulus package so that you know what to expect.2). Talk to your Landlord: communication is key during this period.3). Be Understanding: we are all in this together.4). Work To...

The success of the multi-trillion dollar stimulus plan will likely be determined this week. Individuals and families who qualify, are expected to receive scheduled, direct payments to their accounts. Also expected to be fully functional, is the Small Business Lending Program, despite a very rocky first few days...https://edition.cnn.com/2...