Miami Property Management Blog

5 Property Marketing Tips to Attract Tenants in a Tough Market

Monday, September 25, 2023
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Rental vacancy rates in the US are at 5.8%. If you're not attracting tenants, your vacancy rate will continue to rise. You won't generate income from your real estate investing business.Before that happens, develop a property marketing strategy. With a strategy in place, you can attract and keep tenants, even in a tough market.Sta...

3 Essential Tips for First Time Landlords

Monday, September 18, 2023
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Have you considered renting out an investment property or your existing home?While this is an exciting venture, it can be a huge challenge for first-time landlords. You'll have to deal with local laws and regulations pertaining to renting out property.Plus, how do you deal with tenants? How do you build a lucrative income from real es...

5 Reasons Why Rental Property Inspections Matter in Miami

Wednesday, August 30, 2023
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As of June 2023, the median rate for a two-bedroom rental in Miami is $3,900. Miami ranks seventh in the US for potential rental shortages.With properties in high demand and rental rates continuing to soar, rental inspections become even more important.You want to ensure your current tenants are happy and that the property is being mainta...

A Miami Landlord's Guide to Collecting Security Deposits

Sunday, August 20, 2023
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As a rental property owner, your first concern should be protecting your property.There's no denying that rental properties experience a lot of wear and tear. Whether you've got a single-family home or an apartment block, you need to ensure that your property doesn't degrade over time. Some of this comes down to regular mainte...

The Pros and Cons of Allowing Pets in a Rental Property

Thursday, August 3, 2023
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About 70% of U.S. households own at least one pet. Pets make excellent little companions and most people are unwilling to give up their furry friends when they move. However, not everyone allows pets in a rental property.If you own a rental property, you might be trying to decide whether or not you should allow pets. It's a tough call...

Exploring the Current Miami Rental Market

Thursday, July 20, 2023
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The sun-soaked allure of Miami continues to attract people looking for a warm and relaxed lifestyle. So it's the perfect spot to start your search for an investment property.In this guide, we'll outline some of the most notable trends shaping the Miami rental market in 2023. We'll help you navigate some of the concerns you mig...

A Miami Landlord's Guide to Evictions

Saturday, July 15, 2023
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Evictions are sweeping across Florida. In December 2020, 15.6% of Florida's renting households were in danger of eviction within two months.This statistic may make evictions seem easy, but every eviction is complicated. If you want to be a successful Miami landlord, you must understand the steps you need to follow whenever you want to...

A Property Manager's Guide to Evaluating Normal Wear and Tear Damage

Thursday, June 29, 2023
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In the property world, one person's 'slight scratch' can be another person's 'disaster zone.'However, you don't have to enter a war of words with your tenant if the worse happens. Knowing how to manage normal wear and tear will ensure you can lease your property without worry.In this guide, we'll navigate y...

3 Things to Know About Leasing Management in Miami, FL

Friday, May 26, 2023
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Over 44 million American households are renters. When you're renting out a property, you need to understand the nuances of managing the property. If you let things slip through the cracks, you might end up facing a lawsuit depending on the lease specifics.The day-to-day responsibilities of managing a property are known as lease manage...

Conduct a Tenant Background Check in Three Easy Steps

Friday, May 12, 2023
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Choosing the wrong tenants can have a significant impact on your real estate investment. There's the chance that they'll break something, commit illegal behavior, and force you to evict them. All of this means a loss of revenue and extra work for the property owner.The best way to avoid these issues is to perform a comprehensive t...

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