Property Management Education
Damage or Wear and Tear? Security Deposits Explained by Jacksonville Property Managers
After a tenant has moved out of your Jacksonville rental property, you’ll find yourself inspecting the home to decide what work needs to be done before it’s ready to rent again. Will you know what you’re looking at? It’s critical to know the difference between wear and tear, which is an owner’s responsibility, and damage,…
Read More7 Things Jacksonville Landlords Should Always Look for in a Rental Property Inspection
Rental property inspections can happen at any time and for any number of reasons. Perhaps you’re preparing the home for new tenants or you’re inspecting after a tenant has moved out. Maybe you’re conducting a mid-lease inspection to ensure everything looks good and your tenant is following the terms of the lease agreement. Sometimes, inspections…
Read MoreHow Does Remote Working Impact The Jacksonville Housing Market?
Remote working benefits the Jacksonville housing market. With more and more people able to do their jobs from wherever they want, the population in Florida is surging. People are moving here because they want a lower cost of living, warm weather, and all the entertainment and recreation that’s found on Florida’s Atlantic Coast. Florida has…
Read MoreFlorida Rental Laws and Regulations all Investors Should Be Aware of
Landlord and tenant laws can be a complex web of requirements and regulations for Jacksonville real estate investors. There are local, state, and federal laws that pertain to rental housing, and it’s easy to make a legal mistake, especially if you don’t know what those laws are. We’re fortunate in Jacksonville to be doing business…
Read MoreThe Best Neighborhoods in Jacksonville to Invest In Rental Properties
Jacksonville is an outstanding market for real estate investors looking for strong population growth, rising home values, and rent growth that has hit the double digits. Over the last decade, the population in St. Johns County, including the Jacksonville metropolitan area, has grown by 44 percent. Jacksonville homes have appreciated in value by 27 percent,…
Read MoreHow to Build Good Relationships with Your Jacksonville Tenants
A good landlord-tenant relationship is the foundation of a successful rental business. It helps landlords run the business smoothly, generate good ROI on their Jacksonville rental, retain tenants for a longer period, and create goodwill amongst renters. However, building a good relationship with tenants requires a lot of effort and patience. Here are a few…
Read MoreSecurity Deposits: What Jacksonville Rental Owners Need to Know
Before you hand over the keys to your Jacksonville rental home, you need to collect a security deposit from the tenant who will be moving into the property. The most important thing to remember about the security deposit is that it’s completely refundable. This is the tenant’s money throughout the lease period. As the property owner, you’re simply holding the deposit to protect against unpaid rent or property damage at the end of the tenancy.
Read MoreHow to Successfully Conduct Applicant Credit & Background Checks for Your Jacksonville Rental Property
Your tenant screening process may be the most important part of leasing your Jacksonville rental property. Choosing a good tenant will impact your entire experience and play a part in whether your investment is profitable or a financial drain. A thorough and consistent background check is necessary as you’re evaluating your potential tenants. You’ll also…
Read MoreProperty Insurance: Hazard, Wind, Flood, and Liability Explained by Orange Park Property Managers
New Orange Park rental property owners are often confused by insurance terms that they know relate to their investments, but they’re not sure how. This is challenging even for experienced investors to wrap their heads around. When we’re talking about property insurance for your rental home, we’re typically discussing hazard, wind, and flood insurance as…
Read MoreBenefits of Using Preferred Vendors for Your St. Johns Rental Property
At Red Rooster Property Management, we actually enjoy fixing things. It’s a passion and a privilege to make things right for you and your tenants at your St. Johns rental property. We also know when we need to call in professional vendors who can do the kind of specialized work that your property will often…
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