Verandah Central Florida Blog

Tenant Screening During Tough Times | Orlando Property Management Tips

Verandah Properties - Thursday, May 21, 2020

Landlords who get a quick applicant for a recently-vacated or soon-to-be-vacated property may be tempted to accept that applicant immediately. After all, the time during vacancy can feel extra-scary when you're in a severe downturn or uncertain economic season like the coronavirus pandemic has created for many Orlando business owners.

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What to Expect When Hiring the Best Orlando Property Management

Verandah Properties - Thursday, May 7, 2020

The benefits of a seasoned property manager are impressive: they assist your landlord business from tenant acquisition to maintaining those tenant relationships by keeping your Orlando rental property looking great. To get this level of service, though, you have to find the best Orlando property management partner.

  • Do you know what traits your property management partner should have?
  • What skills and expertise types can you expect from a seasoned professional in this industry?
  • What sort of tasks should your property manager be able to handle for you as an Orlando property investor?
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Which Real Estate Entity Should I Set up for My Rental Properties in Orlando?

Verandah Properties - Thursday, January 30, 2020

When you have just one rental property in Orlando, it may seem most natural to claim the additional income as a sole proprietor on your taxes. However, as business expenses increase, and you invest in subsequent properties, you may want to consider forming a business entity rather than merely filing a single tax return. 

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Why Is Hiring a Property Manager a Smart Investment for Your Rental Property?

Verandah Properties - Thursday, November 21, 2019

The rush of starting your first rental property investment can get you excited about the future. After all, the possibility of side income or growing rentals into a full-time job can be thrilling. As the dust settles, the rental property investment you've made becomes more like regular work: you must advertise for tenants, get them moved in, collect rent, conduct maintenance, and handle any of their requests along the way. The weight of even a few units of housing can become quite heavy on a landlord's shoulders, especially if they have other holdings or work.

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How to Choose the Right Property Management Company in Central Florida

Verandah Properties - Thursday, November 7, 2019

Choosing the best possible property management company here in Central Florida is a tricky business. All of the companies available want you to work with them, but they may not want to deliver excellent service! At Verandah Properties, we know that excellent service is worth the time it takes. Here are some of the best ways to select from the options available to you when it comes to expert property management.

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What Do You Need to Know About Allowing Pets in Your Baldwin Park Rental Property?

Pamela McNab-Syvertson - Thursday, October 24, 2019

The disposition of a friendly puppy or kitten can melt nearly every heart, but landlords are wise not to be fooled by the first appearance of an adorable family pet. As an investment property owner, you need to decide whether to allow pets in your rental properties. This decision must also take into account a variety of factors.

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How Can Excellent Property Inspections Protect Your Orlando FL Rental Home?

Pamela McNab-Syvertson - Thursday, October 17, 2019

One of the best ways to ensure your investment remains secure when renting your investment property is to conduct thorough property inspections. A quick once-over may lead you to miss essential problems with your Orlando property, which can leave you footing the bill or cause conflicts with your tenants. Instead, follow this guide to excellent property inspections, and help you and your tenant stay on the same page!

Move-In Inspections

When you first purchase an investment property, you most likely have done a thorough inspection to determine that the property is a good investment. You have a good idea of what elements of the property need repair or replacement. You would be wise to document what items might need replacing in the coming years: how old, for instance, are any air conditioners or furnaces in the property? Knowing when these expenses are likely to hit can help you budget for them.

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How to Care for Your Daytona Rental Property Year-Round: A Landlord's Guide

Pamela McNab-Syvertson - Thursday, October 10, 2019

Keeping your property looking great and in good repair all year requires an understanding of the kinds of issues that can arise at your Daytona rental. By getting ahead on your maintenance and making sure that your properties are safe and well-kept, you inspire confidence in your tenants. Your property will also require fewer significant repairs if you keep up with routine maintenance on appliances and other items.

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What Are the Best Rental Property Upgrades for Your Lake Nona Rental Home?

Pamela McNab-Syvertson - Thursday, October 3, 2019

When you first begin investing in property, it can be challenging to get the hang of your work as a landlord. While you are establishing your long-term wealth, it's a smart move to improve the property you're investing in. By making your Lake Nona rental more beautiful, more efficient, or just more appealing, you gain many benefits.

For one thing, you can achieve a higher rental rate! When your property is in demand, you can reduce your vacancy rate. You also increase the number of tenant applications you receive, giving you better options for highly reliable tenants. Lastly, updates can save you money if your rental rate includes things like utilities.

Here are some of the best upgrades to make in the Lake Nona area of Central Florida.

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