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Income Realty Inc Blog

Monday, January 11, 2021

Should You Create an LLC for Your Miami Rental Property
With perpetually balmy weather and a strong economy, it comes as no surprise that many want to set up a base in Florida, especially in Miami. In fact, entrepreneurs have been buying properties in the Sunshine State to accommodate the growing population and enjoy a high return on investment.    If you happen to be inter...

Tuesday, December 22, 2020

9 Ways to Avoid a Bad Investment Property
Buying an investment property can be a good way to diversify your portfolio and earn passive income. In fact, many of the world’s wealthiest people made their fortunes by investing in properties. But, as with any other type of investment, property investment isn’t without risks. There are a couple of things that can comp...

Monday, November 30, 2020

Investing in Miami Rental Property for Beginners: A Guide in 5 Easy Steps
Are you looking to make your first rental property investment? Maybe you are considering buying your first investment property, or are thinking about converting your home into one? Either way, you’re taking a big step! When you are just starting out, it can be hard to imagine the extent of the responsibilities that come with investi...

Monday, November 30, 2020

3 Easy Tips to Market Your Miami Property Rental
Do you want to fill your Miami rental with desirable tenants? Rental property ownership comes with numerous challenges, especially if you are a first-time landlord. While upkeep, emergencies, and legal compliance are important, there’s no easy way to get around marketing and advertising. The key to having a property that’s fi...

Monday, November 2, 2020

Should You Allow Tenants to Paint Your Rental Property?
Often, landlords will paint their rentals in neutral colors. This makes sense, as they are both classic and more likely to appeal to prospective tenants. That being said, some tenants won’t like the colors that you choose. Your tenants may want to personalize the rental space by painting the walls with their preferred colors. Y...

Tuesday, October 20, 2020

How Often Should a Landlord Inspect a Property in Miami, FL?
Do you own rental properties in Miami, Florida?As a property investor in Miami, one of your duties is inspecting your properties. That said, you need to find balance with this task. If you do it too often, you’ll risk annoying your tenants. If you do it to little, you’ll risk not spotting violations and damages early on. So, w...

Tuesday, September 29, 2020

Should I Rent My Property Furnished?
One of the most essential questions landlords must answer is whether they should furnish rental properties. While not providing furnishing could help to save money, landlords can also ask for higher rent for furnished units. As a landlord, it remains your prerogative. To make the decision easier you'll need to assess your target ...

Wednesday, September 16, 2020

Who Is Responsible for Tree Removal & Trimming: Landlord or Tenant?
As a landlord, the rental property is your responsibility. You should be fully aware of the condition of everything in and on the property. While everyone knows this is important for the interior and functionality of the property, it also means you are responsible for the exterior of the property. Often, landlords are so focused on t...

Thursday, August 27, 2020

Becoming a DIY Landlord? 3 Miami, Fl Property Management Mistakes to Avoid
From juggling prospecting, tenant screening, property inspections, and maintenance, there's a lot that goes into being a successful landlord in Miami. When done right, though, it can be a wise and rewarding investment. That said, as with any other industry, mistakes are bound to happen. And when they do, they can leave you high a...

Tuesday, July 28, 2020

What to Look for in an Investment Property
Do you want to invest in real estate?Buying an investment property has the potential to change your life for the better. You could start earning passive income and growing your personal wealth. By doing this, you could significantly change your financial outlook.If you’ve already made some investments, but haven't tried investin...

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