Property Management Blog

Rent Collection Strategies: Ensuring Timely and Efficient Payments as a Commercial Landlord in Miami

Do you own a commercial property in Miami? You're surely patting yourself on the back now, as Miami is one of the most economically promising cities in the country.In 2022, the city saw a poverty rate decrease of just above 4%, as well as a median household income growth of c...

Lease Renewal Strategies: How to Retain Valuable Commercial Tenants in Miami

Commercial real estate in Miami, Florida can be a great investment as long as you're following the best practices.There are several things you can do to maintain and maximize your profits, and one of them is avoiding periods of vacancy. When tenants leave, it's not always...

What Do Landlords Need to Know about Security Deposits?

The era of security deposits may end in Florida soon. In 2023, Florida Governor Ron DeSantis signed a law that allows landlords to charge a non-refundable fee in lieu of security deposits.That doesn't mean you can ignore the concept, though. Landlords will still collect secur...

Difference Between Service, Emotional Support Animals and Pets

About 66% of Americans own a pet or animal of some kind. Many of these Americans are also renters. Landlords need to understand the differences between various types of domestic household animals.If you have an investment property you're renting out, you may be considering di...

Difference Between Service, Emotional Support Animals and Pets

About 66% of Americans own a pet or animal of some kind. Many of these Americans are also renters. Landlords need to understand the differences between various types of domestic household animals.If you have an investment property you're renting out, you may be considering di...

Top Signs You Need to Hire a Property Management Company in Miami

Have you considered all the expenses involved in becoming a first-time landlord? You'll need to cover landlord insurance, legal fees, maintenance, and more. Without a plan, you may need landlord rescue services sooner than expected.You also won't gain a competitive advant...

Decrease Vacancy in Miami with Creative Leasing Strategies

How many of your beautiful Miami rental properties are vacant, awaiting tenants? Miami has the second-highest vacancy rate in the nation. A high vacancy rate can cost you thousands in revenue each month.With these creative rental leasing tips, you can attract and retain tenants. ...

How to Get Tenants to Renew Leases

Imagine the great tenants you already have staying for another year...then another. You wouldn't have to worry about vacant units or screening applicants. Instead, you'll have peace of mind and an ongoing source of rental income.About two-thirds of renters renew their lea...

Why Should You Outsource Your Property Management?

Tired of late-night maintenance calls and endless tenant complaints? Picture this: you wake up to the sound of birds chirping, sip your coffee leisurely, and watch your rental income grow - all while someone else handles the day-to-day headaches of property management.Intrigued? ...

Financial Reporting Made Easy: Effective Budgeting and Reporting for Property Managers

Have you ever felt lost in a sea of numbers when managing your Miami, Florida area properties? You are not alone. It's hard to keep track of all the data and financial information that comes with managing a property.The good news is it doesn't have to be that way. With a ...