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Income Realty Inc Blog

Monday, June 15, 2020

How to Convert Your Home Into a Rental Property
There are a variety of reasons why you might decide to convert your home into a rental property. You might be moving to a smaller space and want to make passive income on the side. You might realize that the property you plan on selling has been sitting in the market for quite a while or you want to wait a few years before selling your pr...

Friday, June 12, 2020

How Landlords and Property Managers Can Help Tenants with The Move
As landlords and property managers, it typically always feels like a huge accomplishment when you’ve found that perfect tenant to rent your property. But now that you’ve thoroughly screened them and are confident that you’ll get a profitable, stress-free rental experience, are you necessarily ready for your new tenants t...

Tuesday, May 26, 2020

Buying Your First Investment Property
When buying an investment property, there are several factors to take into account. After all, a substantial amount of money is required and all investments carry a degree of risk. Real estate investment is one of the best ways to diversify your investments, apart from stock market trading and operating a business. Although the inherent r...

Wednesday, April 22, 2020

Best Practices for Landlords During the Coronavirus Pandemic
As a landlord, it’s easy to feel overwhelmed in the wake of COVID-19. Previously, you might have been performing multiple tasks for your property, such as marketing, tenant screening, rent collection and property upkeep. Today, you may find yourself doubling your efforts in property maintenance to keep the virus contagion at bay. ...

Friday, March 20, 2020

Best Areas to Invest in Miami
Invest in Miami Real Estate to Maximize Your ROIInvesting in Miami real estate is a great idea. There are many neighborhoods in this booming city that have shown an increase in property value. Investing in these neighborhoods is a good idea as it will likely maximize your potential return on investment.Here are the 7 best Miami neighborho...

Thursday, February 20, 2020

Overview of Florida Security Deposit Laws
Each state has different regulations when it comes to handling security deposits. This article will cover the laws surrounding them in Miami, Florida. Asking for security deposits is a common requirement from landlords to act as protection when tenants commit a breach of contract or they suddenly abandon the rental unit. There are pl...

Thursday, January 30, 2020

Hiring a Property Manager vs. Self-Managing: What’s Better?
Should you hire a property manager or self-manage your own Miami, Florida rental property?The answer depends on what will suit your needs and priorities. Each has its own benefits. Nevertheless, regardless of which management style you choose, a tenant is entitled to certain property services. It does not matter whether these service...

Thursday, December 19, 2019

Overview of Florida's Rent Increase Laws
As a landlord in Miami, Florida you need to keep up with rental market trends. Sometimes economic changes demand that you raise your rent price to keep up with the market. Other possible reasons for increasing your rent include: Paying for property maintenanceMatching the current market ratesImproving rental property living conditionsAcc...

Tuesday, November 26, 2019

How to Price Your Miami Home's Rent to Attract Tenants Quickly
Do you own a Miami, Florida rental property?You need to fill the vacant rental units to keep a positive cash flow. There are various ways to lower the vacancy rate. Setting the proper rent is one of the ways to ensure a steady return on investment.Asking for a suitable price for the unit attracts renters quickly. However, appraising for e...

Thursday, October 24, 2019

8 Tips for Getting Your Miami Property Ready to Rent
Perhaps you have a new Miami property to rent out or perhaps a tenant decides not to renew his lease. In this case, you must conduct the necessary preparations before the new tenant arrives. You should check that everything is in working condition and that the space is tidy. The attractiveness of your property should be prioritized so the...

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