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Income Realty Inc Blog

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...

Thursday, November 18, 2021

Is a Month-to-Month Lease Better for Landlords?
A month-to-month lease is exactly what it sounds like. It’s a rental agreement that renews on a monthly basis. It runs until either party terminates it by giving a 30 day written notice. Generally, landlords use this type of agreement to extend existing leases. However, it’s also possible for both parties to agree to have it f...

Wednesday, September 29, 2021

Should You Offer Deals to Find Tenants for Your Miami Rental Property?
It can be tough to attract tenants and fill out your Miami property vacancies. If your marketing efforts have not resulted in new prospects or you’re suffering from high turnover rates, you can manage this by using a rent concession.Remember that as a landlord you are under pressure to make an income especially when the unit has bee...

Wednesday, July 21, 2021

7 Amenities Renters Can't Resist in Miami
You can create the most vivid property descriptions and post professional photos and videos, but at the end of the day, tenants are attracted to quality amenities. Offering a range of exciting amenities is a key way to keep long-term tenants in your Miami rental home.  Although it can be a major investment, it’s recommended to ...

Wednesday, July 7, 2021

What are Your Mortgage Options When Buying an Investment Property?
The home loan process can be daunting and unfamiliar, particularly for first-time home buyers. The process involves several steps like applying for the loan, discussing the terms with the bank, getting documents evaluated, processing the loan, and signing the agreements. Understanding these steps in more detail will help make the loa...

Wednesday, June 9, 2021

What’s Considered "Normal” Wear and Tear?
Like all material things, your home is also subject to normal wear and tear. The floors may not be as smooth, your tiles may not look as bright and your door may have scratches here and there. All these are normal and expected. Homes naturally depreciate over time. This is normal and acceptable. Your rental unit won’t look the same ...

Wednesday, June 9, 2021

The Ultimate Checklist for Miami Landlords
Investing in real estate has been cited as one of the most profitable and secure forms of investment. For decades, investors have sunk their resources and reaped sizeable benefits from their rental properties.  Real estate can help you achieve your financial goals! This is due to the longevity of the asset, you have assured a stable ...

Thursday, April 1, 2021

A Guide to 1031 Exchanges in Miami
There are a number of reasons a real estate owner might consider a Florida 1031 exchange, from swapping out a potentially bad property to saving on federal capital gains taxes. Exchanging properties can benefit you as a property investorAs a Florida real estate investor, you can make huge tax savings when looking to sell investment proper...

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