How to Price Your Miami Home's Rent to Attract Tenants Quickly
By Income Realty, Inc. Tuesday, November 26, 2019
Do you own a Miami, Florida rental property?You need to fill the vacant rental units to keep a positive cash flow. There are various ways to lower the vacancy rate. Setting the proper rent is one of the ways to ensure a steady return on investment.Asking for a suitable price for ...
Read More
Perhaps you have a new Miami property to rent out or perhaps a tenant decides not to renew his lease. In this case, you must conduct the necessary preparations before the new tenant arrives. You should check that everything is in working condition and that the space is tidy. The ...
Read More
Buying an Investment Property Before Your First Home
By Income Realty, Inc. Friday, September 27, 2019
Is buying an investment property before your first home a smart choice? This is a question that many prospective investors in Miami often ask themselves, and in this blog post, we’ll try to answer it based on current trends.The following are four good reasons to consid...
Read More
How to Attract Long-Term Tenants in Miami, Florida
By Income Realty, Inc. Tuesday, August 27, 2019
Most property owners agree that the most beneficial reason to hiring a property management company is the concept of freedom. By using professionals to manage your property you will not need to be in the vicinity to complete transactions. For example, you can take a vacation when...
Read More
Florida has no strict rule on rent increase notice and Miami doesn't have any local laws applying to rent control.But, there are still other guidelines to keep in mind regarding for example:A) When to raise the rent in the first place.B) The right and wrong time to raise your...
Read More
We've learned about the importance of handling renovations and how they keep your rental property fresh. Desirability is one of the decisive factors in the rental market. All the updates and repairs ensure your property won't lose its appeal.Some rental home renovations a...
Read More
Owning a rental property in Miami can be lucrative, no doubt. That said, there is more to being a landlord than just collecting rent at the end of the month. As a landlord, you have a responsibility to your tenants as per the Florida landlord-tenant law. So, if you are just...
Read More
Replacing tenants regularly is bad for business. Not only does it take time, but it can be a costly affair. The following are some of the costs associated with tenant turnover. Lost Income: A vacant rental property means zero rental income at the end of the month. If you are...
Read More
Accepting Pets in Your Rental PropertyShould I allow a pet in my rental property? Now, did you know that over 65% of U.S. households have a pet? And by restricting pets in your rental property, you're limiting your property to about 30% of tenants. Now, what are...
Read More
The Fair Housing Act prohibits discrimination in housing on the basis of seven protected classes. These classes are race, color, national origin, familial status, handicap, sex, and religion. As such, as a landlord in Miami, FL, denying housing to a prospective tenant based ...
Read More