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There are numerous ways to maximize your profits from a rental property. With the right strategy, rather than sitting back and waiting for the monthly rent to come in, you can increase the value of your property. You’ll then be able to generate more money, have high-quality renters and never deal with late rents. Here are six tips that will help you get the most out of your rental property! 1. Reduce Vacancy Time One of the best ways to increase your income from a rental property is to make sure that it is leased every day of the year. If you a…

You’re probably aware by now that a low tenant turnover rate equates to higher generation of income from rental payments. On the other hand, having a high tenant turnover rate means that you need to spend more time, effort, and money searching for tenants who will rent the property. There are various reasons why a renter may choose to end their tenancy. One of the reasons may include a disagreement in the changes in the rental fees. This shouldn’t be a problem for you if you know the steps for properly raising the rental fees. First, you need t…

In Florida, practically every landlord requires a security deposit. A tenant gives it to the landlord as proof of intent. It signals that they will cover any damages and pay rent as per the terms of the lease agreement. The Florida security deposit laws are contained under the statewide landlord-tenant laws. Since security deposits are often a source of conflict between landlords and tenants, knowing these laws is crucial. If you’re a landlord or tenant in Florida, here is everything you need to know about the state’s security deposit laws. An …

Orlando is a beautiful city known for its breathtaking and scenic public parks. They provide the best spots for recreational activities while in the city and its environs. Are you looking for somewhere nice and quiet to spend your weekend afternoons? Somewhere to have a picnic and mingle with nature? You can take your pick from the following best public parks in Orlando. Delaney Park Location: 8215 N Delaney Park Rd, Scottsburg, IN 47170, USA Delaney Park, located south of downtown Orlando is one of the oldest parks in the city. Situated on Del…

Choosing the right tenant can mean fewer issues and a better-maintained property. Choosing the wrong one can, however, result in stress, aggravation, and money. So, how do you weed the bad ones from the good? We need to thoroughly screen them. A thorough tenant screening process involves asking for a legitimate rental application, a credit report, verifying with previous landlords, and running background and criminal checks on the potential tenant. In this article, we are going to explain the top questions to ask potential Orlando tenants and w…