Property Management Blog

3 Essential Tips for Successful Tenant Placement in Melbourne, FL

Florida has always been a popular place for property investors. A thriving economy, fantastic weather, and plenty of recreation make the state a favored destination for both short- and long-term renters.Melbourne, FL, is no exception thanks to its many industries, low crime rate,...

Legal and Optional Tenant Maintenance Responsibilities

The average cost of homeownership in the U.S. is now $18,118 yearly. In Florida, that goes up to $19,182. These "hidden" expenses include home insurance, property taxes, utilities, and property maintenance.If you're about to become a landlord in Melbourne, FL, that ...

Accidental Landlord Tips

Maybe you never imagined that you would suddenly come into some rental property and become a landlord. This does and can happen, and even though it can be an unexpected and challenging experience, you need to know what steps to take.Whether you've inherited a property, moved ...

Open House Success: Tips for Hosting a Memorable Property Showing

Were you aware that almost 88,000 people live in Melbourne, Florida?As more people move to the Sunshine State, your Melbourne home will only become more desirable. This could work wonders for your finances if you decide to sell or rent out your property.Are you thinking about hos...

Foreclosures: Exploring Opportunities in Distressed Properties

It's estimated that 62% of homeowners often struggle to make their mortgage payments on time. When a person or family falls too far behind on their mortgage, the bank can choose to repossess the house.These are known as foreclosures. When a property becomes foreclosed, it bel...

Maximize Your Investment: Tips for Commercial Property Owners in Melbourne, FL

Nowadays, commercial property owners need all the help they can get thanks to ongoing work-from-home or hybrid work arrangements. These modern-day phenomena have resulted in record-high vacancy rates, with 50% of office space standing empty.So, if you're a commercial property...

5 Essential Tips for Smooth Lease Renewals in Melbourne, FL

Increasing rental vacancies across Florida mean Melbourne investment property owners must work harder than ever to retain their existing tenants. Low occupancy means more competition amongst landlords to find and keep tenants.Fortunately, there are some things you can do today to...

Streamlining Lease Management: Tools and Best Practices for Commercial Properties

As the Florida rent market stabilizes, renting out real estate becomes an increasingly attractive idea for investors across Melbourne. Creating a residential or commercial lease can be a challenge, but lease management is a necessary step toward entering this lucrative market.Rea...

Luxury Homes: Exquisite Properties That Define Elegance in Melbourne, Florida

Melbourne currently ranks third in wage growth within America. That means luxury homes are even more appealing than ever before.The question is: what exactly is a luxury home when compared to a regular home? Is your property considered luxury?To help define the key differences, w...

Pros and Cons of Allowing Pets in your Rental Property

Almost 87 million Americans own pets. Many of these people live in rented homes.As a landlord, deciding whether you accept pets will impact the tenants you attract and the property's vacancy rate. But if you don't weigh the pros and cons, you could make an uninformed deci...