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Are you thinking of renting out property in Orlando, FL? Currently, the Orlando housing market is doing well! Real estate offers you an opportunity to receive stable and fixed income over a long period of time. What’s more, judging from the state of the Orlando’s real estate market, you will also enjoy some appreciation of the value of your property. Landlords are seeing good returns from their properties due to an increasing population and a passive housing supply. Not to mention, people are choosing to move away from high-tax areas such as …

Owning a rental property can be lucrative but has its fair share of responsibilities. One of the key decisions every property owner faces is whether to hire a professional property manager or take on the role of a DIY landlord. Both options have their pros and cons, and choosing the right one depends on various factors. In this article, we'll discuss the advantages and disadvantages of hiring a property manager versus self-managing your rental property to help you make an informed decision. Benefits of Self-Managing Your Rental Property When y…

A 1031 Exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. If you abide by all its requirements, you may be able to defer taxes on capital gains almost indefinitely. Is there a cap on how many exchanges you can do under a 1031 Exchange in Florida? Absolutely not! You can do as many as you want. Consequently, you may be able to build significant wealth quickly. For a 1031 Exchange to be successful, an investor will need to follow certain rules. The following are answers to commonly asked questions regarding 1031 Exchang…

Selling a property can be a time-consuming process. Real estate and rental transactions involve more than just matching a property with a buyer or renter. The process can also include inspections, showings, and constant communication before the deal is closed. One of the important steps in the selling process is listing the property on the real estate market. Online listings have become an important marketing tool that can potentially reach a wider audience than the traditional methods of marketing. A good property listing, therefore, plays a…

You’ve invested a lot of time and money into your Florida rental property therefore it’s only normal that you want that generate passive income. This, however, will only be possible if you have a steady stream of tenants or trusted long-term ones. A rental property will probably experience periods of vacancy from time to time. Vacancies can be the result of market trends, poor advertising, high rent rates or, any other number of reasons. While some of these reasons may be out of your control, there are several ways you can get ahead of having…