Florida is one of the best states for investing in rental properties. Many Americans have been moving to the Sunshine State because of its warm weather, beautiful beaches, and favorable tax laws. This is the reason why Florida’s real estate market is one of the...
Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Moving to a new house is a big decision for many homeowners. Yet, the question always arises of what to do with their previous homes. While some may prefer to sell the property, renting it out is also a viable option that can sometimes be overlooked. Depending on the...
The Florida deposit rules are contained under Chapter 83 of the state’s statutes. Under the Florida landlord tenant law, these rules apply to all residential landlords who require tenants to pay a security deposit prior to moving into their rentals. The Florida...
According to the Florida landlord tenant law, a rental agreement can be established orally or through a written lease document. The FL Statute Chapter 83 gives both parties in a rental agreement certain rights and obligations. For example, as a landlord under the...
The short answer is an emphatic YES. SHORT EXPLANATION If you don’t add your property manager as additional insured, and you and/or your property manager are sued by a neighbor, tenant, visitor, etc. for something related to the property, you will be required to pay...
