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Rent is the lifeblood of any rental property. It’s important that you optimize your rent pricing to obtain as high a return on your investment as possible.Which is exactly what we do here at State Property Management. Luckily, with our experience in Florida real estate management, we’ve come up with a number of ways to get you to reach that optimal goal of returns. Among these tips is considering to make improvements to your Orlando rental unit. But even that must be approached strategically to make sure you don’t create a money pit out of your…

Deciding whether or not to allow pets in your Orlando rental property can be a difficult decision to make. There are many pros and cons to each side. With our experience in the industry, we’ve learned that pets can cause property damage but can also significantly raise the interest of tenants renting your property. A large percentage of property owners do not allow pets and have negative repercussions for those who try to sneak them in. For this reason, you can differentiate yourself from the competition to get the most out of your rental prope…

What comes to mind when you think of Orlando, Florida? Do you think of Universal Studios, SeaWorld, or Disney World? Orlando is widely known for its theme parks and year-round balmy weather. What many don’t know is that the city is home to a rich art and culture scene, several museums, science centers, and shopping malls. In this article, we’ve compiled some of the best activities you can do in Central Florida. 1. Stroll around the Tibet-Butler Nature Preserve. Tibet-Butler Preserve provides 3.6 miles of well-kept hiking trails for family fun. …

Property vacancies are not good for landlords. No rental income means you pay the expenses and debt straight out of your own pocket. Vacancies can also put your property at risk. Minimizing vacancies helps you take care of all the property expenses. This includes marketing, cleaning, repair, and maintenance. It’s a fool-proof way to increase profitability. Beware of lowering your standards. You don’t want someone to move in because you want to cut costs. Inadequate tenant screening may quickly backfire. Accepting any type of renter could result…

Real estate investing can be very lucrative. There’s no doubt about that. In fact, real estate has produced more wealth than any other industry in the history of the world. That said, real estate investing isn’t a guaranteed road to riches. There are certain things that you must do in order to have a successful rental business. The most important aspect is knowing how to properly budget for it. Unfortunately, this is one area that many real estate investors in Orlando, Florida often struggle with. So, in today’s article, we’re going to look at …