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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…

Without a lease agreement, it can be difficult for landlords to agree with tenants on the rental terms and conditions of a tenancy. A written lease will help both parties be aware of their responsibilities. It will also help you in court if ever a tenant files a lawsuit. To reduce any potential conflicts, it’s essential to make your rental agreement clear, detailed, and specific. This article will answer some key questions to help you better understand what a solid rental agreement might look like. What’s a Lease For? A leasing agreement outli…

Are you burnt out from the stress of maintaining your rental property? Property investment and maintenance go hand in hand, though property maintenance can seem more daunting. NFI Property Management Solutions will cover how to maintain your investment property and outline the responsibilities of property owners, tenants and property managers. Who is Responsible for Maintaining a Rental Property? Maintaining a rental property can be draining on your time and resources. However, all of the responsibility doesn’t fall on landlords. Tenants are…

Every landlord wants to attract long-term tenants. Not only do long-term tenants provide you with consistent passive income for your investment property, but they can also save you money in the long-term. Having a long-term renter removes the need to market your property and conduct multiple tenant screenings to fill a vacancy. Finding reliable renters in a competitive market can be challenging. Our team at NFI Property Management Solutions has experience attracting and maintaining long term tenants for rental properties. Keep reading to learn…