Verandah Central Florida Blog

How to Find the Perfect Rental Rate for YOUR Central Florida Investment Property

Pamela McNab-Syvertson - Thursday, September 5, 2019

In hot housing markets like Orlando and Daytona, it only makes sense to do your homework before deciding on a rental rate. Perhaps you've never had to choose a rate before, or you've had very steady tenants for years and are not sure what to charge now that they've moved out. No matter your circumstances, the rental rate choice is a big decision.

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An Expert Property Manager Knows: Central Florida Is Investment Gold!

Pamela McNab-Syvertson - Thursday, August 29, 2019

Your Best Central Florida Investment Neighborhoods—Even More Options!

There are always more places to explore in Central Florida, especially if you are interested in investment properties to rent. As a landlord, you have the cream of the crop available to you here in Central Florida. You can even venture out beyond any investment opportunities in Orlando and Daytona you may initially consider. Here are five more neighborhoods and towns that you might find to be the perfect option for your investment as a landlord.

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Investing in Central Florida? Ask an Expert Property Manager!

Pamela McNab-Syvertson - Thursday, August 22, 2019

Seeking Space in Sunny Florida? Take a Look at These Top Hotspots!

When choosing a great Central Florida Neighborhood as a landlord, you're making a significant investment of time and money. You want to ensure that your investment gets more valuable over time. You also want low vacancy rates so that you can continue to receive your desired passive income. When choosing between the options in sunny Central Florida, there are many options and distinct possible neighborhoods and cities to choose. The main criteria are generally based on proximity to you, affluence of communities, and the desirability of the location, among others.

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Making a Great First Impression Starts with Effective Property Listings

Pamela McNab-Syvertson - Thursday, August 15, 2019

Renters want to see a lot of things when they read a listingthey want attention to detail, high-quality photographs, and a clear next step for getting more information on a property of interest—don't forget to mention the rental rates! If you are offering a variety of units, you can sometimes tell folks to call for rates, but people feel more confident in taking the next step on a property when they think they're looking in the right range to begin with. Here are some fool-proof tips to encourage potential renters to submit an application and visit your stunning Orlando rental units!

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Daytona Property ManagerS Know Listing Photos Matter In The Daytona Area

Pamela McNab-Syvertson - Thursday, August 8, 2019

High-Quality Listing Photos Really ARE Worth a Thousand Words!

When your potential tenants are scrolling through a long list of possible places to live in Daytona, it's no wonder that their eyes start to glaze over as they read vast fields of text—where do you think they end up focused after they've seen dozens of listings? The photos, of course! When your ideal tenants come across your listing, you want those photos to make them "slow their scroll" and reach out to view your rental property in person. However, getting the listing photos perfect isn't as easy as it might seem; photographing real estate is both an art and a science, so follow these tips to get the best results.

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Orlando Expert Property Manager Tips for Rental Rates in Orlando FL

Pamela McNab-Syvertson - Thursday, August 1, 2019

Supply and Demand Apply to Your Rental Rate, Too!

One surprise that many new landlords discover is that there is no such thing as a "standard" rental rate for a particular size of home—even within a given Central Florida neighborhood or town. Instead, the demand in your area is a significant aspect of how much you can charge for your rental, as well as how your rental property measures up to others in its class of properties.

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Property Management Or: "How I Learned to Stop Worrying and Love Being a Landlord!"

Pamela McNab-Syvertson - Thursday, July 25, 2019

Managing a property in Orlando can be a full-time job, even if that wasn’t originally your intention. There is an extensive knowledge base to cover when running a rental on your own: marketing, photography, tenant screening, tenant services, lease form creation, rent collection, accounting, maintenance—the list goes on and on. That’s why we suggest partnering with a property management team: at Verandah Properties, we have the knowledge and the experience to handle every aspect of your rental! To demonstrate, let’s discuss some common "pain points" you may be experiencing as a landlord and how we can help.

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Screening Tenants Fosters Successful Renting Relationships

Pamela McNab-Syvertson - Thursday, July 18, 2019

Practically every landlord here in Central Florida recognizes that respectful long-term tenants who pay their rent on time are an excellent outcome of your rental property efforts. Forming positive relationships with your tenants makes the experience feel less like work and more like a natural source of passive income. However, these positive renting experiences don't happen out of thin air! Instead, successful renting relationships are based on a highly-tuned process, which includes screening your tenants for potential issues. 

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The Top 4 Mistakes New Landlords Make—and How to Avoid Them!

Pamela McNab-Syvertson - Thursday, July 11, 2019

There are quite a few perks to being a landlord in Winter Park: the income is excellent, the tax breaks are plentiful, and there’s no better feeling than being your own boss. While these are all great reasons to become a landlord, many people only look at the positive aspects and overlook the pitfalls that can come with such a position. To be prepared for the good and the bad, let’s take a look at some common issues landlords typically run into.

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Turn a "Sinking Ship" Investment Around with Property Management

Pamela McNab-Syvertson - Thursday, July 4, 2019

Every type of investment has an element of risk, but property management may be higher on the list than others: not only do you have to rely on tenants to pay on time, but if the investment sours, you’re saddled with trying to sell an additional property while continuing to pay taxes. However, unlike some other investments that depend on a large, impersonal market, a bad property can turn into a great one simply by partnering with the right property management company!

At Verandah Properties, we pride ourselves on knowing how to market and re-brand even the most dire rental situation—just by doing our jobs. There may be factors that no landlord or property manager can account for such as a sudden downturn in the Florida housing market, but most likely, the following three points will be the reason your property is suffering—and how we’ll get your investment back on track.

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