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You might think that your duties as a landlord are over once a tenant has moved out. But what if you are handed mail addressed to them? Is it okay to throw away the letter or read the contents? Both options should not be taken to avoid facing legal issues. You can forward the letter to the tenant if you have their current address. However, if you don’t have information about their new address, this can be a problem for landlords. This article will guide you on how to manage mail intended for former tenants. It will also offer tips on how to av…

Did your tenant recently move out of your rental property? When a tenant moves out, you have to start actively searching for a new tenant to fill your vacant unit. A vacant unit provides no income, so it's important that you make your property rent-ready so that it looks attractive and appealing to new prospective renters. In this article, we are going to take you through 8 tips on how to get your rental unit "rent-ready." So, whether you have a property in Kissimmee, Ocala, Longwood or elsewhere in Florida, these tips will work f…

Have you been finding it hard to capture the interest of prospective tenants for your Orlando rental? Or have you been facing more tenant turnovers in the past months? If you’ve been experiencing the following situations then it’s high time to consider new solutions such as implementing rent concessions. How Do You Define Rent Concessions? As an Orlando property owner, there are instances where you need to be more flexible with your leasing terms. If you need to generate more interest in your rental, then offering rent concessions could be the …

Many Orlando landlords question the need to enlist the services of property management companies. To them, hiring a manager may seem like an unnecessary cost. However, engaging the services of a professional real estate manager has many financial, social, aesthetic as well as health benefits, which more than justifies the cost. We’ll discuss some of the advantages of contracting an Orlando property management company. Benefits of working with a rental manager: 1) Helps free up your time When you decide to hire an Orlando property manager, essen…

As a landlord, you'll be exposed to different types of tenants. Some are reticent and passive individuals, while others are more expressive and dominant. One of the latter may approach you and request to change the paint color of your unit. Before agreeing readily, it will pay off to first weigh the risks and benefits of permitting your tenant to paint your rental property. This decision can lead to several changes, so it's worth your while to go over the possible scenarios. Conditions in the Leasing Agreement Firstly, take note of the …