Watson Property Management Blog
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Since our first office opened its doors in 1970, Watson Property Management has grown into one of the most recognizable property management companies in the region. We've expanded into nearly 30 sites with more than 5,000 properties under our umbrella. We approach every task professionally, legally, and ethically.
Watson Property Management Blog
2y ago
With everything from low inventory and extreme buyer demand to supply shortages affecting the housing market over the last 12+ months, the rental market has become a more viable solution for those seeking a new living space.
There are the obvious benefits to renting versus buying – you don't have to shoulder the burden of maintenance or repairs, you're not bound to a multi-year mortgage, and you won't have to worry about any unexpected expenses. But even beyond those tangible perks, there exists perhaps the greatest benefit of all: renting may be less expensive than buying right now.
The Cost ..read more
Watson Property Management Blog
2y ago
Whether you own a property you aren't actively living in or you're looking to invest in real estate, you've likely wondered if you should employ a property management company. But what exactly do they do? And how do they benefit you? Do you even need one?
If you've asked yourself any of those questions, then this post is for you. Read on to find out why working with a property management company is a smart move.
What is a Property Management Company?
A property management company is a business that handles everything from the day-to-day operations to the long-term matters to ensure your prope ..read more
Watson Property Management Blog
2y ago
With the residential real estate market in its present state of low inventory and high selling prices, many people are turning to renting as an option. This shift in housing makes it a great time to consider investing in a rental home. Or perhaps you already have a second residence that you're interested in renting out. There's no better time than now.
Low Interest Rates
Interest rates currently hover around 3%, and they're expected to remain that low for the time being. That gives you a degree of financial leverage in seeking out a second residence to purchase and convert into a rental prope ..read more
Watson Property Management Blog
2y ago
Renting out an investment property comes with a lot of legal requirements. As a Florida landlord, much is expected from you. If you're not prepared to put in the due diligence, you can easily be overwhelmed and miss a small yet important detail. Due to the complexity of these Florida landlord legal requirements, it's often wise to work with a third-party rental management company that deals with these topics routinely.
Here are just a few of the critical legal requirements for Florida landlords.
Security Deposit Claims
Security deposits are a regular part of the landlord life. They're the ini ..read more
Watson Property Management Blog
2y ago
Floridians know all too well the dangers of hurricane season. These violent storms can cause considerable property damage, which is why it's important to start preparing your investment property as early as possible. If you're not sure where to start, read on to find out how to prepare your investment property for hurricane season.
While this post is geared towards owners of investment properties, we encourage renters to take precautionary measures during hurricane season as well. Just be sure to check your lease and/or ask your landlord before taking any significant action.
Check For Leaks
H ..read more