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All property investors know that the housing market is ever-changing. When trying to sell your home, the sale is heavily affected by the current state of the market. Although it’s favorable to sell your home while it’s a sellers market, a buyers market can provide opportunity for homeowners as well! There are a few different ways that sellers can encourage a sale during a buyers market. They could list the house below market value, update the photos or perform value-increasing renovations. Some may even wait for a sellers market to list their h…

Tenants in Florida have certain obligations under the lease agreement, like paying rent in a timely mannerand caring for their rental. If the tenant does not honor such obligations, the landlord can terminate their rental agreement and legally evict them. Evictions in Florida, just like anywhere else in the country, must abide by the law. As a landlord you can't try to evict your tenant by removing their belongings from the property or shutting down their utilities on the property. These are forms of “self-help” tactics to remove a tenant from…

Are you considering investing in real estate in Pensacola, Florida? Rental property investments in Pensacola have immense potential, not matter the property types you may be interested in. By investing in property, you can increase your long-term wealth and generate a steady monthly income with more financial freedom. For several reasons, investing in Pensacola is a wise decision. White-sand beaches in the city draw visitors from around the world. This city also offers a unique fusion of Southern friendliness and charm and modern conveniences.…

Pricing your home to rent in Pensacola can be tricky, but with the right approach, you can ensure you get a fair price for your property while also attracting your ideal tenants. In this blog post, we’ll explore some key factors to consider when determining the rental price for your Pensacola home, including the local housing market, the condition of your property and your own financial goals. Understand the Local Rental Market Whether you’re a first time landlord, a DIY landlord or an experienced one, it's important to understand the local r…

Being a DIY (Do-It-Yourself) landlord means managing and maintaining rental properties independently. The benefits of being a DIY landlord include saving money on management fees and being more hands-on with your property and tenants. However, being a DIY landlord also comes with challenges. Without a professional property management company to support you, you need to deal with maintenance and repair issues, legal responsibilities and difficult tenants on your own. DIY landlords need to know the common mistakes that can lead to financial loss…