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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…

A common question that property owners ask themselves is – Should I rent my Orlando rental property furnished or unfurnished? This is usually based on personal preference and whether or not you plan to rent out your property long-term or more for short-term rentals. Orlando is a very touristic area, which is known for renting more short-term due to visitors only wanting to stay for a few nights up to a couple of weeks. Many property owners believe that they can make more money if they rent out their properties short-term because of the higher r…

Most tenants understand the benefits of renters' insurance. For a few dollars a month, tenants can protect their personal property and limit potential legal liability. As a landlord, does requiring renters' insurance help you in any way? Absolutely! Here are six reasons you should insist that every renter picks up an insurance policy before you hand over the keys. 1. Attract Responsible Tenants One of the hardest parts of being a landlord is finding high-quality tenants. You want residents who will pay rent on time, take care of your p…

Are you looking to improve the safety of your Orlando rental property? Keeping your investment property safe is important for you and your tenants. If renters feel unsafe in a property, they might start thinking about moving to a new place. As a rental owner, it's important to invest in security improvements. Make it known to your tenants that security is among your top priorities. This will help you enjoy a lower tenant turnover rate and increase renter satisfaction. In this article, we are going to list the top ways you can keep your prop…

Are you wondering what to do with an evicted tenant’s personal items? Now that your tenant has been evicted, you may have found their personal belongings are still in your property. The only question remains: when are you legally allowed to “evict” their personal items as well? The particular course of action depends on your rental property’s location. In Florida, the laws regarding abandoned personal property are pretty straightforward. In this article, we here at State Property Management are going to cover the basics of dealing with a tenant…