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Are you worried about how water damage can impact your property? Water damage is flagged as a serious problem facing various property types and for a long time has been a point of concern for property managers and property users. Just one inch of water damage can destroy flooring, furniture, drywall, and carpeting. An average household leak in the United States can result in a loss of more than 10,000 gallons and in increased and unplanned expenses. If you want to learn how to spot sign of water damage and prevent it altogether, keep on readi…

Some tenant rights may not be explicitly put into writing, but that doesn't mean they don't exist. If you want to be a meticulous landlord, you must take the time to learn about implied covenants such as the "implied covenant of quiet enjoyment." The covenant focuses on making the tenant comfortable in your rental space. By honoring this implied covenant, you increase the chances of having long-term renters. This is ideal because it means you will earn a steady income for years to come. What is an "implied covenant"?…

Are you looking to provide rental upkeep during the coronavirus crisis? As a property owner, there's no doubt that the COVID-19 pandemic will affect your business. One of the major challenges you may face is attending to the maintenance and repair demands from your tenants. While servicing your rental units is an important task, you need to consider your tenants' health and safety in the process. In this article, we'll provide tips and suggestions that will be useful in keeping you and your tenants safe during the COVID-19 outbreak.…

Keeping your Orlando tenants happy is the first step to running a successful rental property regardless of whether you manage your property yourself or hire a professional property management company to do it for you. There are many benefits to keeping your tenants happy and satisfied. Happy tenants are more likely to renew their leases with you. A study done by Kingsley Associates – a top real estate researcher – found that happy tenants were three times more likely to renew their leases. Second, happy tenants are more likely to pay bills on t…

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 you…