As a landlord, by investing in the interests of your tenants, you increase your return on investment. Property renovations help increase a unit's desirability. In turn, you can expect a high occupancy rate.
There are a lot of ways to spruce up a rental unit, from subtle fixes like updating hardwar...
Do you want to boost your vacation rental bookings?
The style and quality of your vacation rental listing have a huge impact on the interest it generates among travellers. When you do everything the right way, you could enjoy a significant advantage compared to competing listings.
Many vacation...
The first priority of any typical vacation rental host is to increase bookings and maximize occupancy. However, if you are experiencing a surge in booking cancellations, then that can greatly slow down your bookings.
At that point, you would want to ask yourself – what is causing the spike in canc...
Have you decided to become a landlord?
Buying a rental property or converting your residence into a rental is a big step. Committing to becoming a rental property owner has the potential to change your financial situation for good. You'll receive steady profits and have the ability to make further...
It is becoming increasingly common for individuals to adopt and own pets. It's no surprise that pets provide emotional comfort, especially with today's fast paced and stress-ridden lifestyle.
If you own a vacation rental property, it's important to decide whether you wish to adopt an open pet poli...
When you're a landlord, your main objective is keeping your investment property's value growing as time passes. This leads to an increase in demand if your property retains its attractiveness.
If you ever decide to sell your property in the future, you'll be able to fetch a higher price since it's...
Being a landlord means you'll be facing situations during which your decision-making skills will be frequently tested. One of these dilemmas will be between choosing to implement a month-to-month lease versus a fixed-term lease.
Each type of lease entails different benefits and drawbacks. This art...
6 Mistakes Real Estate Investors Make When Budgeting for Their Vacation Property
September 25, 2020, 8:10 pm
When it comes to budgeting, there are a lot of common mistakes that are made. If you are new to the real estate world and you have never purchased an income property before on Florida’s First Coast; you will want to make note of this article and the mistakes most people make.
There is no better wa...
If you're a self-managing property owner, the current COVID-19 pandemic may be causing you additional stress. On top of your regular responsibilities and duties, you must now abide by strict safety protocols. The coronavirus is extremely contagious, so following the precautions is more important tha...
Can you recall the last time you had excellent accommodation while away from home?
Chances are, it made your vacation more enjoyable, and you were glad that the property owner had taken initiatives and thought of your every need.
Some amenities may seem trivial, but to vacationers, the smallest...
Did you know that over 2,500 individuals are entering the rental market every day?
As a result of this large number, it’s important to take the necessary precautions in order to secure the right renters and to protect your property in Florida's First Coast
In reality, it doesn’t matter if you a...
Do vacation rentals in Florida’s First Coast need damage deposits?
Many owners seem to be unsure about this, but there are many benefits to having a damage deposit policy. One of them being so that you have financial backup for if or when something goes wrong.
You can decide on the extent of the...
If you're planning to move but don't want to sell your home, you can consider renting it out. Having consistent cash flow from tenants is an opportunity you don't want to pass up. However, converting your home to a rental property isn't as easy as you may think.
In this article, you'll learn the b...
Common Problems Vacation Rental Owners Run Into in Florida's First Coast
September 25, 2020, 8:10 pm
If you're an investment property owner, you're probably wondering: What are the problems that I can avoid making with my First Coast vacation rental?
Our experience has allowed us to list the following errors that we most commonly help property owners avoid.
No matter the kind of experience you...
If we consider the number of vacation rentals being marketed in Florida’s First Coast, you would find plenty online, while driving around, and even on print advertisements. As a property owner, instinct dictates that your property must stand out against the competition. It would be to your own benef...
Are you a real estate investor looking to expand your portfolio by investing in Florida's real estate market?
With an estimated 1,000 people migrating to Florida on a daily basis, the Florida rental market is expected to remain strong for many years to come. It’s for this reason that the state has...