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Income Realty Inc Blog

Wednesday, June 29, 2022

Why Successful Real Estate Investors Partner with Property Management Companies
When you own a rental property, you’ll need to decide if you want to self-manage your business or engage the services of a property management company. Both choices have benefits and drawbacks. Though being a hands-on landlord means saving on management costs, it can also mean embracing all the time-consuming responsibilities t...

Monday, May 30, 2022

How to Calculate the ROI on a Property Investment
Investing in rental property has proved to be a safe and lucrative investment option for investors worldwide. Property owners are assured of stable rental income, appreciation, several tax rebates, and a hedge against inflation and economic shocks. But, how exactly does an investor know that their investment in real estate is doing w...

Tuesday, May 24, 2022

Pros and Cons of Moving to Miami
Miami is known for its exciting new opportunities, diverse cultural scene, and expanding job market. There are also many natural wonders to admire in Miami. As a Miami resident, you will have many great opportunities. This wonderful, bustling city offers low crime rates, outstanding health care, and a variety of fun things to do. Bef...

Wednesday, April 27, 2022

How to Avoid Water Damage in Your Rental Property
Water damage is one of the most common reasons property owners make claims on their home insurance. Matter of fact, the Insurance Services Office (ISO) puts water damage claims at the second most common claim after wind and hail damage. With this statistic, it’s therefore imperative for property owners like yourself to take mea...

Wednesday, March 30, 2022

How to Film a Great Video Tour of your Rental
Also known as 3D tours or 3D walkthroughs, virtual tours have become a hot topic in the real estate world. For a long time, virtual tours have only been popular with sellers and buyers. But renters and landlords are fast catching up to the craze. As a landlord, virtual tours can greatly boost your marketing, providing you with an edg...

Friday, February 25, 2022

Risks of Having a Vacant Rental Property
Every industry has its own unique set of challenges, and the rental industry isn’t an exception. At some point during your career as a landlord, you’ll experience a vacancy. After all, a lease only runs for a specific period, and not every tenant will renew it when it expires. While vacancies are perfectly normal, there a...

Tuesday, February 1, 2022

What to Do if the Deposit Doesn’t Cover Unpaid Rent
Other than rent, another move-in cost is usually a security deposit. Collecting a security deposit helps landlords cushion themselves against financial damage that can occur due to their tenant’s negligent or careless actions. A good example of a careless action your tenant can make is moving out without clearing the rent due. ...

Thursday, December 30, 2021

4 Easy Ways to Get More Rent for Your Miami Home
As a property owner, you want to make profit from your real estate investments. One way you can make a profit is to increase the value of your rental home.When you increase rental home value, you can increase your rental income!In this post, we’re offering four ways that you can increase your property’s value without spending ...

Tuesday, November 30, 2021

When Does a Guest Become a Tenant?
Tenants are created differently, and the last thing you want is to rent to a potentially difficult one. Generally speaking, a thorough tenant screening process checks and verifies things like a prospective tenant’s income level, creditworthiness, criminal and rental background. This will ensure that only qualified tenants will get t...

Thursday, November 18, 2021

Showing a Property with Tenants
When a tenant gives notice of their intent to vacate your rental unit, it’s only prudent to start scouting for a new tenant as early as possible. Finding a tenant early will help you avoid losing rental income and also reduce the cost of maintaining a vacant unit. However, you might be in a dilemma when prospective tenants request t...

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