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Did you know that 68% of the population own a pet? Allowing pets in your property will open your pool of prospective tenants and increase your income. However, pets can cause damage and lead to greater stress for you and nearby neighbors. So, it is important that you know the pros and cons of renting to a pet-owner in order to make a final informed decision. In this article, State Property Management will guide you through the advantages and disadvantages of renting to pet-owners. We will also offer you tips on how to prevent some of the disadv…

Key Takeaways Market Forces Drive Rent Levels – Economic growth, interest rates, and housing supply directly influence how much landlords can charge for rent. Location Plays a Major Role – Proximity to jobs, schools, and amenities boosts demand, leading to higher rental rates in desirable neighborhoods. Stay Adaptive and Strategic – Monitor seasonal and market shifts to adjust pricing, offer flexible leases, or make upgrades that appeal to renters. Partner with Experts – Working with State Property Management helps landlords stay informed, mai…

When life changes, whether you are relocating for work, upsizing, downsizing, or simply ready for a new chapter, you may find yourself asking the same big question many homeowners face: should I sell my home, or should I rent it out? In Central Florida’s current housing market, more and more owners are realizing that renting could be the smarter long-term strategy. Let’s break down why. Why Renting Is Gaining Momentum The real estate landscape has shifted significantly in recent years. Home values are high, but so are mortgage rates. For buye…

When a tenant stops paying rent, it can quickly disrupt your cash flow and create significant stress. The key is to act promptly and follow a clear process that complies with Florida law. Here’s a detailed step-by-step guide to handling non-payment the right way. Step 1: Review the Lease and Grace Period Start with your lease agreement before taking any action. Confirm the rent due date and check whether the lease provides a grace period, which is often three to five days. If the final day falls on a weekend or holiday, rent may be due the ne…

Key Takeaways Rent adjustments face stricter oversight – While Florida does not have statewide rent control, local governments are adding notice requirements and limits on increases, so landlords must review leases and plan renewals carefully. Tenant protections are expanding – Rules around security deposits, late fees, and eviction timelines are tightening, making clear communication and consistent documentation essential. Transparency and sustainability are priorities – Landlords must provide more detailed disclosures, inspection records, an…