As a landlord, you'll owe taxes on your Jacksonville, Fl investment properties. Are you prepared? Do you know everything you can deduct for your business?
Owning an investment property in the Jacksonville or surrounding areas can be a significant side income, a way to set aside funds for retirement, or a brand-new business venture. But what is the best way to ensure the return on your investment?
Have you heard of "professional" tenants? Beware these renters who appear too good to be true.
One of the smartest moves you can make as a property owner is to hire a property management company. A lot of property owners who avoid hiring this type of company do so because they don’t understand how it can increase their revenue potentials. Instead, they only view hiring a property management company as an added expense. What they fail to realize is property management companies can increase revenue potentials. Most importantly, they remove much of the headache involved in owning rental units.
For those investing in real estate with the intention of renting various units to tenants, it is imperative to increase tenant retention. Many property owners have fairly short vacancy cycles, but keeping them to an absolute minimum is a guaranteed way to increase revenue potentials.
Green River Property Management specializes in a variety of aspects related to property management, and we'd like to share a helpful guide for achieving shorter vacancy cycles.
Not just any property management company will be a good fit for your real estate investments. You want a company that is not only reliable but goes above and beyond to secure reliable tenants. Also important is to find a well-established property management company that has a long list of references.
When a property management company doesn't hold up to its end of the deal, property owners miss out on valuable income.
We are calling all Realtors! We’ve got exciting news, and you don’t want to miss out. Green River Property Management has created its very own unique Realtor Referral Program.
Green River understands that realtors are at the heart of the real estate investment industry. It’s realtors just like you who connect investors with real estate opportunities that fuel their livelihood. But making the purchase is only a piece of the investment puzzle. Once an investor buys a piece of real estate, there’s a ton of work that goes into prepping the property and performing ongoing maintenance. This is where we come into the picture. Green River specializes in first-class property management services, and we’re always on the lookout for new clients.
For those who have an interest in investing in property or who are already owners, it's critical you avoid making common mistakes made by DIY landlords. We all know part of property investing is learning from mistakes. It's easy to believe managing property won't be challenging. However, many landlords discover it's more difficult than they anticipated.
Being a good landlord means understanding the legal requirements put forth by the state of Florida to protect both tenants and landlords. While some investors opt to use a property management company to handle things, many decide to rent their properties without help. It’s for that reason we’re going to discuss the most common mistakes made by DIY landlords and how to avoid them.
As your rental portfolio grows, managing it becomes a challenge. You want to continue to experience growth, but the objective must be to experience these increases smartly. Therefore, it may be time to enlist the help of a property management company.
They'll help you handle the details when there doesn't seem like there are enough hours in the day. We’re going to discuss how a property management company develops and diversifies your portfolio. In doing so, it will lead to passive income, time savings, and peace of mind.
When property owners take on multiple investments, one of the most significant decisions they'll make is if they need to hire a property management company. If you only own one property, it may not be necessary.
However, if that one property is in a state where you don't reside, that's a different story. People acquire investment property for a myriad of reasons and their need for property management companies are just as varied. If you've often wondered whether you should hire a property manager, it’s essential to do some homework first.