Tampa Property Management Blog

5 Amazing Tips to Improve Poor Reporting / Communication With Property Owners

Reporting and communication are critical parts of any business. The top complaint from property owners is the lack of communication, and a close second is a lack of reporting. You’ll find several articles that discuss the importance of both and the consequences of failing to do...

3 Challenges with Having Large Distances to Your Properties

As a property manager, I believe it is important to be mindful of your distance to the properties you manage. The further you are from a property, the more cumbersome it becomes for you to manage it. Whether you are a property manager or a rental property owner, the concept is s...

3 Steps For Managing Security Deposit Refunds

Having tenants in our rental properties can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start asking big...

5 Benefits of Performing Regular Inspections

Not performing regular inspections on a rental property puts the property in jeopardy of becoming distressed. A distressed property is more costly to maintain and more difficult to rent. In this article, I am going to discuss 5 benefits of performing regular inspections. Lower...

5 Tips for Managing High Maintenance Cost

High maintenance costs can be catastrophic to a real estate investment business. When you really think about it, high costs of any kind in any business can be catastrophic. Even in our personal lives, you hear stories of families declaring bankruptcy due to high medical costs. I...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for the m...

Four Things That Will Keep Your Renters Happy

A happy, responsible renter is like gold, and — as with any treasure — you don’t want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease. 1. No Surprises The best way to ensure ...

Getting Your Property Rent Ready

When renting out property, it’s important to make sure that you draw in as many good tenants as possible. There are many ways to do this, but one of the most effective ways is to make sure your property is absolutely ready to be sold. Spice things up, fix imperfections, rep...

Hiring A HOA Property Manager

Hiring a property manager is an easy decision for landlords who don’t want to worry about the day-to-day hassles of running a rental property. When it comes to Homeowners Associations (HOA), however, the decision isn’t so cut and dry. Typically, an HOA exists when a group ...

How to Manage Security Deposits

Property managers should always require a refundable security deposit in residential property management properties. This deposit should be kept in a separate account for trust or escrow funds and will be returned to the tenant in part or in full once the tenant has moved out....