Property Management Blog

What Do Landlords Need to Know about Security Deposits?

One bad tenant can make your job challenging and frustrating. That's why one goal most landlords have is to find excellent tenants. Excellent tenants make your job easier and help you make more money.But you should still charge security deposits to every tenant. Before doing ...

Real Estate Trends to Watch: Insights for Buyers and Sellers

Florida's housing market is thriving despite inflation and other headwinds. This is especially true in the Melbourne area, where active listings are returning to levels not seen since 2019.The national news story is that real estate has hit a wall. Potential homebuyers are on...

3 Tips for Finding Homes for Sale in Melbourne, Florida

It might be easy (and tempting) to browse property listings or Instagram home accounts and single out your dream idea of a property.But are you in danger of getting stuck in that cycle of forever imagining the idea of a beautiful home rather than making it a reality?If so, read o...

3 Tips for Navigating the Real Estate Market in Melbourne, FL

Are you familiar with the Melbourne, FL real estate market? If you're not following the latest real estate trends, you could make a bad financial decision.Florida's market is now primarily for move-up buyers and empty nesters. Low incomes have made housing affordability a...

3 Tips for Choosing a Real Estate Agent in Melbourne, FL

Purchasing a home or investment property is a huge milestone. Getting to the closing table, however, can take some time. Finding the right real estate in Melbourne may not be as easy as you think.Working with a real estate agent can help tremendously, whether you've purchased...

How to Handle Evictions: A Guide for Melbourne Landlords

Real estate is a great investment to make, but it doesn't come without risks.One of the key risks of owning a rental property is problematic tenants. Tenants who damage your property and don't pay rent on time can cause negative cash flows.Landlords can legally evict bad ...

The Benefits of Hiring a Property Management Company in Melbourne, FL

Owning a Melbourne rental property is a great way to start your career in real estate investing.Many first-time landlords misconstrue how much work is involved in running a rental property. If you don't give it 100%, what initially seemed like a promising investment can turn ...

Rental Property Inspections in Melbourne, FL: 4 Things to Know

You were smart to invest in rental property in Melbourne, FL. The area has experienced a year-over-year rental increase of 22.46%. However, you can't simply raise your rental rate because the market increases.Your rental property needs to warrant the increase. Performing rent...

3 Reasons to Hire a Property Management Company in Melbourne, FL

Marketing vacant properties, managing the finances, screening applicants, and fulfilling maintenance requests. There aren't enough hours in a day to do it all alone. With help from a property management company in Melbourne, FL, you won't have to.The best property managem...

Rent Collection Strategies: Ensuring Timely and Efficient Payments

Rent collection is never fun. Not only do you have to contact your tenants, but you also have to keep chasing them up if they're late. And if they're constantly non-compliant, then you'll have to evict them and go through the process of attracting new renters.It doesn...