Increasing rent in Palm Beach can be tricky for landlords to navigate, especially when your tenants have been nothing short of perfect. Sometimes, though, external factors come into play that make it impossible to maintain the current rental rate without losing your own necessary income as a landlord. As the Palm Beach market becomes more...

 

Owning a Palm Beach rental property can be a lot of work if you’re doing it all on your own. After all, there are tenant screenings, rent collections, and property inspections to do. And don’t forget maintenance and repairs, record keeping, and so much more.If you’re ready to hand over the duties that come with being a l...

 

Though the use of cigarettes is down, another new trend has taken over: e-cigarettes. 1 out of every 3 Americans claims to vape daily. That’s why it is important to think about how this will affect your tenant pool and lease agreements. After all, a no smoking policy is normal to see in a lease.But should you be flexible and allow e...

 

If you have been trying to self-manage a property from another state, you know how challenging it can be to take care of the day to day operations required. Hiring a local property manager can save you time, headaches, and money.Remote real estate investingWhen remotely investing in real estate, consider hiring a local management company ...

 

Whether you’re new to investing in real estate or are a seasoned pro, it’s likely you’ve wondered whether to buy a turnkey property or not. After all, when the housing market is hot, investors often find themselves priced out of their local markets.Rather than give up on your dream of owning a rental property altogether,...

 

A standard lease requires a tenant to give a 30-day notice once they know they are not going to renew. At Home Property Management we require a 60-day notice.  Sixty days gives us the necessary time to advertise, screen the tenant, get HOA approval, clean the property, and move them in with minimal vacancy time.Every day your rental ...

 

How do you limit your vacancy time to maximize the return on your investment property? Can you overcome the additional hurdle of tenants being uneasy about having the property shown during a pandemic?Video tours can reduce vacancy time and ease tenants’ concernsAt Home Property Management, we create a virtual tour and a video walkth...

 

6 Benefits of hiring a property management company:1. No emotional ties with the tenantsHiring a property manager adds a buffer between you and your tenant and removes the ability for your tenant to ask for special favors. Your property manager acts as an objective middleman who can enforce the lease without emotional ties getting in the ...

 

If you’ve recently become a Palm Beach property owner, chances are you’ve discovered how hard it is to self-manage your rental property. After all, there’s a lot of work that goes into becoming a successful landlord. And if you do things right, it’s a great way to earn extra cash each month.Whether you are new to o...

 

Raising the rent on your property in Palm Springs may seem like a simple decision to make, but there is a lot more to it than you may realize. There are many factors to consider before simply tacking a higher rent to your rental property.If you’re experiencing negative cash flow or are not making as much as you would like, raising t...