As a Jacksonville area landlord, you are no doubt going to run into some common challenges that every landlord faces at some point in their investment careers. Maintenance problems, damage to your properties, or tenants that don’t quite get the memo are some of the more basic issues you might encounter. If you run into enough trouble with tenants, you may also have to face the unfortunate scenario of deciding to evict them from your property. Eviction can be a challenging process as both a personal conflict and a legal challenge; you’ll want to take specific steps to be sure that you handle the proceedings correctly and document everything—or the situation could get ugly.
Whether you're a long time landlord and real-estate investor or you've just closed on your first investment property, the same goal likely drives you: you want to make a smart investment that will earn you money in the long run. You may have previously hired or considered hiring a property manager to help you with your investment—if you haven't, you may be missing out! Here are some of the reasons why it may be worth looking for a property management company in the Jacksonville area as a second smart investment.
As a landlord in the Jacksonville area, you know it isn’t always an easy way to make a living. The job comes with several challenges which you’ll encounter whether you’ve just stepped into the game or you’ve been a landlord for years.
Regardless of how long you’ve been at it, there is always something new to learn. Here a few simple tips and tricks that you can put into practice now to make your job easier and more rewarding!
Summer is fast approaching, and a Florida summer brings its own set of challenges. As a landlord in the Greater Jacksonville area, you’ll need to prepare for some summertime property maintenance pitfalls.
Heat, humidity, and a range of pests might have you a little anxious about this season, but don’t sweat it! We’ll provide you with a helpful list of things to think about when preparing your property for summer.
As a property owner in Jacksonville, are you doing everything you can to maximize the appeal of your rental? Are you considering what your property has to offer and wondering how to make it more marketable?
You may be thinking that to upgrade your property, nothing short of a major remodel will do, and you want to stay with the bounds of your market. However, there are some updates you can do easily to help your property reach its true potential!
Here are few ideas to consider that won’t cost you much over time and can help take your rental to the next level. We’ll start high and bring the price down as we go!
As a landlord in the Greater Jacksonville area, your job is a busy one! There’s a lot that goes into successfully managing your properties. One of the most important things that you’ll need to do is keep up with regular property inspections.
Inspecting your properties puts you in a position to set expectations for your tenants up front and hold them accountable for the state of the property when they move out, even with great tenants. Regardless of your level of experience, you may have some questions about how and when to go about regular property inspections. We’ll provide you with some general guidelines in the paragraphs ahead.
You have a strict no-pet policy for your rental properties.
You don't want to deal with the pet hair, smells, or stains they leave behind. Pets cause damage to property. It's hard to find good tenants after a pet has lived in your property.
Those are all excellent reasons to have a no-pet policy as a landlord. Should you reconsider it?
You might find some benefits to allowing renters with pets. If you have a multi-family property, you should definitely consider how strict you want to be about pets. About 70% of apartment renters have pets.
Should you allow pets when considering your policies for property management in Jacksonville, FL? Here are a few things to consider when it comes to renters who own animals.
When it comes to finding the right people to occupy your rental properties, all tenants are not the same.
There are good tenants and bad tenants. How can you find the bad tenants before they cause damage to your property? How can you increase your odds of finding quality tenants every time you search?
It's all about your screening process. Tenant screening can't guarantee an exemplary tenant every time. However, you can create a process that consistently finds good, trustworthy tenants to protect your investment.
The only thing worse than having an empty property is having a terrible tenant in your rental home. Use these tips to learn how to properly screen tenants for your Jacksonville rental property.
How much do you want to collect in rent from your property each month?
That's actually a trick question.
Setting the correct rental rate for your property isn't about how much you "want" to collect in rent. The right rental price for your property involves much more research than picking a price you might have in mind.
Deciding on the wrong rental price is one of the biggest mistakes you can make as a landlord. We don't mean to scare you, but it's important to set the right rate so you don't lose money.
What can you do to make sure your rental rate is the best for your property? We've got some tips to help landlords with this critical part of property management in Jacksonville, FL.
Finding and retaining quality tenants is part of the landlord life. To make the most of your rental properties, work your business to reduce vacancies. Part of the formula for finding great renters is making sure your property listings look and sound attractive for the right tenants.
Your home's listing photos are the eye-candy that draws in your best tenants. The best property photos can retain a viewer's attention for up to 20 seconds. Bad photos can send a looker scrolling in about two seconds.
Maybe photography isn't your thing or wasn't a skill you thought you needed for property management in Jacksonville, FL. Don't worry! Check out our best tips for creating better quality listing photos.