Verandah Central Florida Blog

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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Reaching Millennials and Baby Boomers with Your Orlando Property

Pamela McNab-Syvertson - Thursday, June 27, 2019

At first glance, you might not think these two groups of people have anything in common: would you be surprised to know they have more in common than you think? 

When you’re a landlord, it’s critical to know your target rental market: when you know the type of renter you want in your rental property, you can make sure your property is attractive to those kinds of tenants. What if your Orlando rental property was attractive to more than one type of renter? You’ve effectively widened your pool of potential tenants.

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A Basic "How-To Guide" for Property Maintenance in Central Florida

Pamela McNab-Syvertson - Thursday, June 20, 2019

Congratulations! You’ve purchased a new investment property in Orlando, and you're on your way to the peaceful and profitable life of a landlord. All that's left is to sit back and collect your monthly rent checks, right? Not so fast—Your rental property needs a new dishwasher! There’s also a growing roof leak from that last rain storm. Who’s going to replace the damaged linoleum flooring before your new tenants move in? Don't forget, that tree in the yard needs trimming before limbs fall in the driveway—plus, someone needs to change the locks from the previous owners. 

These are all typical landlord maintenance tasks! Before you get overwhelmed at the thought of becoming a professional roofer, painter, plumber, or electrician, check out our tips for rental property maintenance.

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Pet Screening: What Is It, and Why Does Your Property Need It?

Pamela McNab-Syvertson - Thursday, June 13, 2019

When you allow pets in your rental property, you broaden your pool of quality potential tenants. However, permitting pets in your rental property requires handling the situation with just as much care as you would a potential tenant!

As the landlord, you have discretion with respect to the types of pets you allow in your Orlando rental property. You’re also in charge of how you screen pets, and enforcing the guidelines pet owners must follow to keep a pet during their stay.

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Renting? Selling? What's Right for Your Orlando Home?

Pamela McNab-Syvertson - Thursday, June 6, 2019

How can you know what to do with your home when it’s time to move? The most common option is to put your house on the market and sell it. However, turning your home into a rental property might be a good option for you! If the market is slow, or you want to start generating investment income from real estate, renting out your home can be the smart move. 

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Why Is There Such Tremendous Growth in Orlando Real Estate? Interview with Rick Singh

Pamela McNab-Syvertson - Monday, May 6, 2019

Today Chris is interviewing Orange County Property Appraiser, Rick Singh for some insight into why Orlando's Real Estate is booming and why it's a great place to invest in!

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Finding Income Properties - the Easy Way!

Pamela McNab-Syvertson - Thursday, March 28, 2019

Finding Income Properties - the EASY way!

Own some income producing properties-->  build wealth --> easy enough...finding an investment property that is actually going to give you a return strong enough to do so?? A little harder.   My name is Husain Jaffer and as the co-founder of ROIFinder.com as well as a real estate agent for the last 5 years, dealing mainly with investment properties, the chief complaint I'd receive from clientele is, how do I find a good enough property on my own?  How do I know it's good enough, without having to wait on you to send me a spreadsheet with all the numbers, etc?....the spreadsheets made it easy, but it was still a lot to look at... 

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Spotlight on Verandah Properties a Premier Real Estate Investment Firm in Orlando FL

Pamela McNab-Syvertson - Wednesday, March 6, 2019

 

Today we’re highlighting the community of Baldwin Park located just East of Downtown Orlando, Florida.  Baldwin Park is also the corporate headquarters of Verandah Properties, LLC, a prominent Real Estate Investment Firm.

Check out the included video for a review of this sought after community so close to all that downtown Orlando has to offer.  The video also highlights a quick interview with Pamela McNab-Syvertson, Broker/Owner of Verandah Properties.

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Great neighborhoods to invest in Orlando real estate in 2019

Pamela McNab-Syvertson - Friday, February 1, 2019

Today we’re highlighting the community of Dr. Phillips located in South West Orlando, Florida. 

Check out the included video for a review of this sought after community so close to Disney and of course Universal is literally right in Dr. Phillips back yard!  The community is close to the Butler chain of lakes, it has fabulo

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