Tenant Background Check Tips to Avoid Liabilities with Your Jacksonville Rental Property
Red Rooster Blog
by Eric
1y ago
The tenant screening process is designed to protect you and your property against bad tenants. You’re looking for renters who can pay rent on time, take care of their home, and follow the specific terms of the lease agreement.  To find these Jacksonville tenants, you need a solid set of qualifying criteria and a consistent screening process.  Any good screening process will include running various background checks. You want to get an idea of a tenant’s financial situation, criminal history, and rental history. You want to know how much they earn and whether it’s enough to cover the ..read more
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Rental Property Accounting Tips to Increase the Return on Your Jacksonville Investment
Red Rooster Blog
by Eric
1y ago
Most property owners see the tracking of income and expenses as part of the general process of renting out a home. However, it’s more than that. Rental property accounting actually has an impact on what you earn and how you grow your portfolio.  If you haven’t recently audited your accounting practices, this might be a good time to do it. As you’re evaluating how you manage the documentation and tracking of these details, think about whether those practices are earning you more or costing you more.  With the right accounting tools and software, investors can increase what they earn ..read more
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10 Helpful Tips to Increase Tenant Retention | Jacksonville Property Management
Red Rooster Blog
by Eric
1y ago
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How to Diversify Your Investment Portfolio in Jacksonville
Red Rooster Blog
by Eric
1y ago
At Red Rooster Property Management, we are in business to lease, manage, and maintain rental properties for local owners and out-of-state investors. But, we do more than what a typical property management company does. We also like to learn about your investment goals and look for ways to help you meet them.  What we really love is helping the owners and investors we work with leverage the investments they currently own to help their portfolios grow. You should be thinking in the long term, not only about what your properties are earning in rent right now, but what you can be doing to bo ..read more
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Common Mistakes Landlords Make and Tips on How to Avoid Them | Jacksonville Property Management
Red Rooster Blog
by Eric
1y ago
Mistakes are going to happen, no matter how experienced you may be as a Jacksonville landlord. Minor missteps are easy to correct. But what about the big mistakes that can potentially land you in legal trouble or impact what you earn on your investment property?  One of the benefits to hiring a professional Jacksonville property management company is that you’re protected from many of the common mistakes that self-managing landlords make. You can benefit from the experience and systems that come with professional management. We’ve already made those mistakes, and we’ve learned from them ..read more
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Budget-Friendly Curb Appeal Ideas Every Landlord Should Know
Red Rooster Blog
by Eric
1y ago
Looking to improve your curb appeal without pouring thousands of dollars into the work?  We understand. It’s absolutely essential to ensure your Jacksonville rental property looks attractive, inviting, and welcoming. But, the costs for just about everything are rising. You’ll likely spend more than you want to on supplies, materials, and labor.  It’s always a good idea to invest in curb appeal because this is the first impression you’re giving to prospective renters. If they scroll through the photos in your online listing or drive through the neighborhood, they’ll look closely at h ..read more
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5 Tips for Getting the Best Return on Your Jacksonville Investment Property
Red Rooster Blog
by Eric
1y ago
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The Benefits of Being Pet-Friendly for Jacksonville Rental Property Owners
Red Rooster Blog
by Eric
1y ago
People can get pretty emotional about pets. They’re family members. They’re best friends. They’re dogs and cats, usually, but sometimes they’re birds and reptiles.  Maybe you own pets yourself and understand this connection. Maybe you don’t have any pets of your own but you know that a lot of tenants in Jacksonville are looking for a rental property that allows pets.  Or, perhaps you aren’t willing to take on the risk of having animals in your property. What might they do to your new hardwood floors or you’re expensive landscaping? We recommend allowing pets into your Jacksonville r ..read more
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6 Amenities That Will Increase the Value of Your Jacksonville Rental Property
Red Rooster Blog
by Eric
1y ago
Jacksonville rental properties with the best amenities will earn more rent. That’s an instant boost to your short-term cash flow.  Even better – the Jacksonville rental property that’s been recently renovated or even just updated in cost-effective ways will attract better tenants.  The Jacksonville tenants you’re hoping to attract are looking for a modern, attractive, and well-maintained home. They don’t want to feel like they’re moving into a place that’s aging and deteriorating. They want to see spaces that are aesthetically pleasing and functional.  When you attract these te ..read more
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Risks and Rewards of Investing in Jacksonville Real Estate
Red Rooster Blog
by Eric
1y ago
Jacksonville real estate investments are likely to be profitable, whether you’re buying a single-family home that you plan to rent out to long-term tenants or you’re diversifying your portfolio with different times of rental homes. This is a growing market with a surging population. Rental rates are rising and so are home values.  There are plenty of rewards to investing in Jacksonville real estate.  Buying and holding rental properties in this market offers a low-risk, high-return investment opportunity, especially over the long term. When you invest in real estate, you have an ass ..read more
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