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In order to have a successful rental property, you need to have good tenants. Finding good tenants for your investment property isn’t easy even though nearly a third of Orlando’s population is currently renting. So how do you get good renters? Read on for the best practices on how to attract good tenants to your Orlando rental property. 1. Envision Your Ideal Tenant You can easily miss your chance if you’re looking for a quality tenant but you don’t know how to identify one. Knowing the characteristics of a perfect tenant will help you narrow y…

Whether you conduct property inspections yourself or hire a professional, it’s important to habitually assess and track the condition of your rental property. Reports from the inspections can also serve as important legal documents should you require them in a legal dispute. Generally, inspections will provide two major benefits to Orlando rental property owners. One, you can rest assured that your tenants are abiding by lease terms and are taking good care of your property. And two, you’ll be able to identify any maintenance issues early on be…

Under the Florida Residential Landlord and Tenant Act, both the landlord and the renter have rights and responsibilities. Once these rights and responsibilities are properly understood, each party should be able to deal with many legal questions and problems without needing an attorney. Below is an overview of the Florida landlord-tenant laws that we have compiled. For more help with your Orlando rental contact us today! Florida Rental Laws on Landlord Retaliation In Florida, landlords who try to go after tenants can be stopped and sued. Here a…

A rental property can give you passive recurring income and a stable future, or it can be the source of untold misery especially to a new landlord. Many first time owners, end up having nightmarish ordeals with their investments for many reasons. For instance, they may not know how to attract or screen quality renters, how to craft self-serving rental agreements, or even how to keep the occupants satisfied and happy. As a result, such landlords end up with problematic tenants who do not pay rent promptly, are always causing trouble, or damaging…

What You Need To Know When Buying An Orlando Investment Property So you’re looking to buy investment property in Orlando? Real Estate investing is a viable investment strategy which boasts of superior advantages over any other type of investment out there. When the housing market turns around, an Orlando real estate investor can enjoy not only a positive cash flow but also the opportunity to benefit from increased equity in the property. Moreover, you safeguard those gains from both the state and federal income tax. It’s worth noting that for y…