A property manager is typically hired to take over all daily operations of a rental property, and one operational aspect that allows us to do so is a property management maintenance reserve. A property management maintenance reserve can play a pivotal role in your property management experience and the success of your rental property, as well as help us perform our job effectively As professional Orlando property managers, we know the significance and benefits of requiring a property maintenance reserve. In this article, we’ll break down everything you need to know about a property maintenan ..read more

Spring has sprung and the weather is warming back up here in Florida which means it’s time for some spring home maintenance. Although we don’t have to deal with frozen pipes or snow, there are still a few essential maintenance items to check off your list to prepare for the blazing hot spring and summer heat. Whether you’re a single family or multifamily rental property owner in Florida, quarterly inspections and maintenance evaluations are crucial to ensure the longevity of your property’s condition and success. Keeping your property in tip top shape makes for a smooth rental process and sa ..read more

If you’re an Orlando rental property owner researching whether or not to sell or to continue renting, we’re here to point you in the right direction.  If you’re looking to earn a one time chunk of change, selling your house may be the right choice. However, if earning a long-term passive income while building equity in your investment property sounds enticing, holding onto your rental property is your best bet. Whether you’re a first time rental property owner or an experienced investor with a portfolio of single-family homes, Orlando is one of the best places to generate a return on yo ..read more

Owning a single-family rental property is a fruitful investment as it comes with a handful of life-changing benefits. Though a profitable venture, we know that the rental management process can be daunting. Whether you’re a first time rental property owner or a seasoned investor, our single-family rental property management tips will provide insight into some of the most important aspects of managing a successful rental property. As time goes on, your property will appreciate, increasing the value of your asset. If you decide to sell your property down the line, you’ll reap the benefits of p ..read more

Finding the right Orlando property management company can be tough; there’s hundreds of options available, so how do you know which one to pick? Your rental property is one of your most valuable assets, and it’s essential to place your trust in a reliable and experienced property management company to safeguard your investment.  It’s essential to get a feel for each property management company prior to hiring them and signing a, possibly, binding contract. Browsing their website, reviewing client testimonials, and speaking directly with the property manager can all provide insight to he ..read more

If you live in or own property in Florida, you’re probably familiar with homeowner associations (HOA), as a whopping 44.5% of the state’s population lives in one. If you’re unfamiliar with HOAs, you must be new here, welcome! As an Orlando rental property owner working with or looking to work with a property manager, you may be wondering how HOA dues are handled, and we’re here to help! What is an HOA? An HOA is an organization that sets and enforces rules and regulations for a community in the best interest of the residents. The rules of an HOA vary from community to community, but the commit ..read more

Working with a property manager is one of the most beneficial ways to successfully own and operate a rental property while maximizing your return on investment. Upon the initial hiring of a property manager, a property management agreement will be signed by both parties before moving forward with the process. A property management agreement is an essential aspect of working with a property manager as it outlines the terms and conditions of each parties’ duties and responsibilities. The property management agreement will serve as the basis to what your property manager is authorized to do and h ..read more

Are you an investor seeking to expand your portfolio and optimize your financial returns? Investing in an Orlando multifamily rental property is one of the most promising investments, especially in the nation’s most visited destination.  The Orlando multifamily market continues to prevail amongst the changing landscape of the rental market across Florida. With 10 large theme parks and hundreds of other attractions throughout the area, Orlando remains the nations #1 tourist destination, and thousands of new residents continue to move to Florida to seek a better life in the Sunshine State ..read more

Looking back on the 2023 long-term rental market in Orlando, Florida, the primary theme was the looming aftermath effect of the pandemic. As rental property owners know, the pandemic led to a sharp increase in demand for rental properties as people fled urban areas and sought more space here in Orlando.  This, combined with a decrease in the supply of rental properties, led to a surge in rental prices. In 2023 we experienced an adjustment in rental rates and longer days on market for Orlando properties to lease. In 2022, some rental property owners were able to lease or renew their homes ..read more

Selling your Orlando or Central Florida home can be tricky; it sits on the market for months, you receive offers below your asking price, and the process becomes frustrating. Though not the case for everyone, there is a highly beneficial alternative for those struggling with selling their home, and that is to rent it out. Renting out your Orlando home can alleviate the stress of being unable to sell it. The Orlando market is ever-changing, and houses won’t always sell right away, but that doesn’t mean you have to take a loss on your property. When is the Best Time to Sell a House in Orlando? N ..read more