Miami Property Management Blog

5 Mistakes to Avoid When You Rent Out Your House

The demand for rental properties is high. This makes it the perfect time to rent out your house.If you plan to rent it out, you'll need to do it right. This is a process that involves more than listing your home for rent.There are several mistakes you need to avoid to protect...

Coming up With the Perfect Seasonal HOA Idea

Part of running a successful homeowners association is ensuring there is a sense of community. Of course, it's hard to do this if you don't know how. One effective way to accomplish this is by coming up with the perfect seasonal HOA idea.Seasonal events encourage social i...

Proper maintenance is critical

Proper maintenance is critical to be successful as a Real Estate Investor. There are pitfalls to avoid in order to maintain your asset and maximize your income at the same time. A common mistake property owners can do is to defer maintenance. In the end, these owners will have to...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for ...

Landlords: Should you allow pets?

Almost every landlord has had a tenant that owned a pet. From chihuahuas, to kittens, to enormous Great Danes, pets are part of the family to those who raise them. Thatâs a problem, isnât it? If you allow pets, there will be damage. If you donât allow pe...

Increasing Curb Appeal

Increase the value of your rental property by making some aesthetic changes and following a few simple tips. Check for concrete damage and consider making repairs. There are emerging low cost options, such as concrete lifting, to fix cracks and sunken concrete slabs as opp...

Importance of Reserves in Condominium Owner Associations.

Reserves are funds, other than operating funds, set aside for specific expenditures that will be incurred in the future. They are collected over the time from each unit owner to cover the cost of major replacements or repairs to the common areas’ components. These components in...

Importance of Association Management Meeting Minutes

Meetings are rarely on anyoneâs list of favorite things to do â and keeping meeting minutes is even worse. However, timely, accurate minutes are important, especially if decisions are being made about your home and community. Ideally, after the conclusion of an ...

Hurricane season is almost there

If you didn’t think about hurricane season preparation before, now it is the right time to do it. The hurricane season runs from June 1st until November 30th. As a property owner, you should prepare your rental to protect your investment and its occupants. Here are a few things...

How to Manage Security Deposits

Property managers should always require a refundable security deposit in residential property management properties. This deposit should be kept in a separate account for trust or escrow funds and will be returned to the tenant in part or in full once the tenant has moved...