In the United States, in 2021, around 18.4% of home purchases were made by investors.Owning property is a great way to make money; however, being a landlord is a lot of work. There are many tasks that you're going to be in charge of and one of them is finances.Rental property accounting can be confusing and overwhelming if you've ...
Miami Property Management Blog
How to Handle Lease Renewals Like a Pro
Thursday, January 5, 2023
Were you aware that over one-third of Americans rent their homes?With so many rental properties out there to meet this demand, it can be difficult to get tenants through the door. If you don't run your business well, then making them stay is even harder.Knowing how to handle lease renewals will work wonders for your turnover rate. Do ...
The Benefits of a Long-Term Rental Agreement
Thursday, December 29, 2022
According to statistics, 43.6 million people currently rent the place where they're residing. And while there is nothing wrong with that, there are vastly different leasing options offered to those seeking to live in an apartment.If you're considering offering a long-term rental agreement as an option over short-term leases, you m...
5 Reasons Why You Should Invest in Professional Real Estate Photography
Thursday, December 15, 2022
A picture is worth a thousand words, but when it comes to real estate photography, it could be worth a thousand dollars.Buyers who peruse online listings spend 60% of their time looking at the photographs, as opposed to 20% actually reading the listing. The same goes for renters, so if you're going to appeal to the best candidates, yo...
The Benefits of Tenant Screening Services
Thursday, November 17, 2022
Did you know that 35% of all Americans rent their home? With so many renters, owning rental properties can be a lucrative investment.However, managing your own properties is no easy task. Often tenant screening can become a complicated and time-consuming process. If you're looking for better ways to navigate tenant screening, it&...
3 Things You Should Know About Investing in Real Estate
Thursday, November 3, 2022
Over the past 10 years, home prices in Miami have increased by 139.07%.With appreciation numbers like that, it's no wonder Miami is such a popular city for those interested in investing in real estate. But it's important that new investors don't jump into a real estate investment without understanding some key things.In t...
3 Benefits of Allowing Pets in a Rental Property
Monday, October 17, 2022
Did you know that over 90 million families in the United States own pets? This is just over a quarter of the country's population. With that in mind, as a landlord, you have to recognize that a lot of people in the country own pets. However, they can also be a lot of responsibility, with some causing potential problems. You ...
Why You Should Never Skip a Tenant Background Check
Thursday, October 6, 2022
You never quite know what kind of tenant you'll get when you take them on. They may have a respectable job and a stable income, but that doesn't say much about them as a person. Your new tenants may have a history of missed rent or causing property damage. The things that make up their past can say a lot about how they...
Real Estate Investing: What Is the Best Type of Investment Property?
Thursday, September 22, 2022
Miami real estate statistics recently hit record numbers for home sales. So it's not too late to start if you are considering becoming a real estate investor. There is great potential in this exciting market. To help you, we've put together this guide on real estate investing. You'll learn about the different ty...
4 Important Signs You Need to Hire a Property Management Company
Thursday, September 8, 2022
Over 43 million households are renters in the US, and that number continues to increase. It is a great time to be a landlord, but it is no easy task. So, what should you do when you start to feel overwhelmed with aspects of the role? Effective management of your rental properties is vital if you want the best returns on investme...
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