Property Management Blog

The Best Areas to Invest in Real Estate near Daytona Beach and Flagler

Are you searching for lucrative real estate investments in Florida property hotspots? Then you'll know that investing in real estate is a decision that requires thorough research and understanding of the local market.Introducing the areas surrounding Daytona Beach and Flagler...

3 Essential Insights in Flagler, FL, Owner Statements and Reporting

The most recent figures from ZipRecruiter.com place the average landlord salary in Florida at $65,224 a year. However, the top earners make so much more: over $112,000 yearly!If you're also a landlord in Flagler, FL, your goal should be to strive to the top and maximize your ...

Mastering Tax Statements & 1099s for Flagler, FL, Property Managers

According to its latest report, for Fiscal Year (FY) 2023, the Internal Revenue Service (IRS) collected over $104.1 billion in unpaid assessments on tax filings with additional tax due. It also assessed billions in extra taxes for returns that taxpayers failed to file on time and...

Property Management: Is In-House or Third-Party Better in Flagler, FL?

Do you know the costs of common home repairs? According to Sofi, you can spend as much as $1,667 a year for emergency repairs depending on what goes wrong. As a property owner, you may find it difficult to manage all of the various financial aspects of the job.One way to lower th...

How Do You Calculate Prorated Rent in Daytona Beach, FL?

Despite costing less than the state average, renting in Daytona Beach is still a struggle for many residents. One potential solution: prorated rent.Beyond making things easier for tenants, prorated rent can help you navigate specific rental situations, such as seasonal tourism. A...

Credit Checks and Other Useful Tools for Landlords in Flagler to Screen a Tenant

For landlords in Flagler, finding the right tenant can be a daunting task. Often, the fear of late payments, property damage, or other issues looms large. Did you know that a comprehensive tenant background check can help mitigate such fears?Understanding credit checks and other ...

Which Up And Coming Neighborhoods In Flagler Should You Be Investing In Now?

Are you searching for the next lucrative opportunity in real estate investing? Flagler County, located along Florida's stunning coastline, is quickly becoming a hotspot for investors seeking profitable ventures.With rising interest in the area and burgeoning neighborhoods, no...

Why Our Real Estate Agent Referral Program is the Best in Flagler, FL?

Have you ever wondered how your friends and family seem to know the best real estate agents in the Flagler, FL area? It's no secret-many have been introduced to these professionals through a real estate agent referral program.This unique approach not only ensures you work wit...

What's Next After Buying Your First Rental Property in Daytona Beach, FL?

Did you know that South Florida metro areas have some of the most expensive residential rental rates in the U.S.? Understanding the broader rental market can give you a competitive edge in the long term.Purchasing your first rental property in Daytona Beach is an exhilarating ven...

Understanding Owner Disbursements: A Guide for Property Owners in Flagler, FL

As of Q3, 2024, the average gross rental yield in the US was 6.1%. While this isn't bad, you can do better than this with the right financial management strategies.The key to success is a good understanding of your finances. Owner disbursements are a crucial part of this, so ...