Inheriting at tenant in my rental property, What am I supposed to do?
Wednesday, December 21
Inheriting tenants can be a good and bad thing. When you are conducting your due diligence, ask for a copy of a rent roll, leases, and of course view the interior of the property.I have seen some existing owners of the property let the tenants go MTM because they knew they would be selling the pr...
Tax deductions for rental properties
Tuesday, December 20
Today we are going to talk about Tax deductions for rental propertyOwning rental property has many advantages, as well as tax write offs. You can deduct certain expenses that can help reduce the amount of rental income that is taxed such as:Management feesDepreciationAdvertisingTravel to the prop...
What I wish I knew before I invested in a Rental Property
Tuesday, December 20
What I wish I knew before I invested in a Rental PropertyThe first thing to think about is that investing in real estate can provide financial independence while providing passive incomeHere are some key points to consider when thinking about investing in rental property, and for resale on the ba...
TIPS ON EVICTING YOUR TENANT QUICKLY BLOG
Tuesday, December 20
TIPS ON EVICTING YOUR TENANT QUICKLY BLOGFirst of All, I’m not an attorney, nor do I play one on TVI know the word “eviction” scares some people, but understand it is a necessary evil. This is a business, not your friend!I am going to share some steps with you than help guide you through the evic...
Security Deposits VS Normal Wear and Tear
Monday, December 19
I’m Kim Meredith Hampton with Hampton & Hampton Management & Leasing, your Central Florida Property Management Company serving east to west coastToday we are going to talk aboutSecurity Deposits VS Normal Wear and TearThis is probably one of the hardest things to determine and explain. Wh...
Ten Tips on How to Hire a Professional Property Manager
Tuesday, November 22
Hiring a property manager is an important decision, and can be an asset for a property investor, but can also be a detriment if not chosen carefully and without some due diligence. Here are 10 tips on hiring a professional property manager:1. Make sure that your property manager is a licensed Rea...