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Converting your home into a rental property can be an incredibly rewarding endeavor. Basically, it can help you not only diversify your investment portfolio, but also earn passive income for many years to come. That said, a residential home is different from a rental home. To successfully convert a residential home into a rental, there are several things that you must do first. For example, you’ll need to change your insurance policy and get the right permits. In this article by State Property Management, we are going to take a look at 7 thin…

How you price your rental property influences the type of renters you will attract, as well as the amount of rental income you receive. It is no surprise that many landlords struggle to determine just what that rental fee is. While a low rental price will appeal to many tenants, it will limit rental income. Similarly, charging a higher amount to maximize profit may repel quality renters, keeping your units vacant longer. A long-drawn-out vacancy translates to a significant loss of benefits and rental income. So how does an Orlando, Florida land…

Whether you work for a hotel, bank, or airline, you’ll encounter specific and technical terms. The real estate investment industry also has its own lingo. You want to be familiar with these terms so that when you enter property investment discussions, you can proceed with confidence and avoid getting important points lost in translation. There are some common terms that all new investors should learn. As you become more familiar with the ins and outs of managing rental properties and real estate investing so will your understanding of the prof…

Finding and hiring a suitable property manager may seem like an uphill task for many, but that doesn't have to be the case. Finding the best candidate just requires doing the proper research and knowing the questions you need to ask. Making the choice of working with a property manager means getting into a long-term business relationship. It's therefore very important that you pick a management company that you are likely to get along with. To do this, you need a thorough screening process that will help you find out which management company s…

Orlando, Florida is the perfect place for kids and people who are still kids at heart. Orlando offers leisure, entertainment, and a myriad of theme parks that you won’t find anywhere else. Each theme park is designed to be unique from the rest so you’ll never get bored. This article will cover what makes each park unique so you’ll know where to go on your next trip to Orlando! Aquatica It’s all about water rides in Aquatica. Whether you hit the rapids or twisty slides, you’ll feel the adrenaline rush. With Aquatica’s wave pools, multi-drop tow…