Property Management Blog

Buying an Investment Property Before Your First Home

By Income Realty, Inc. Friday, September 27, 2019

Is buying an investment property before your first home a smart choice? This is a question that many prospective investors in Miami often ask themselves, and in this blog post, we’ll try to answer it based on current trends.The following are four good reasons to consid...

How to Attract Long-Term Tenants in Miami, Florida

By Income Realty, Inc. Tuesday, August 27, 2019

Most property owners agree that the most beneficial reason to hiring a property management company is the concept of freedom. By using professionals to manage your property you will not need to be in the vicinity to complete transactions. For example, you can take a vacation when...

Raising the Rent on Your Miami Rental Property

By Income Realty, Inc. Tuesday, July 16, 2019

Florida has no strict rule on rent increase notice and Miami doesn't have any local laws applying to rent control.But, there are still other guidelines to keep in mind regarding for example:A) When to raise the rent in the first place.B) The right and wrong time to raise your...

Top 3 Rental Home Renovations to Save You Money

By Income Realty, Inc. Wednesday, June 26, 2019

We've learned about the importance of handling renovations and how they keep your rental property fresh. Desirability is one of the decisive factors in the rental market. All the updates and repairs ensure your property won't lose its appeal.Some rental home renovations a...

Landlord Responsibilities to Their Tenants

By Income Realty, Inc. Friday, May 31, 2019

Owning a rental property in Miami can be lucrative, no doubt. That said, there is more to being a landlord than just collecting rent at the end of the month. As a landlord, you have a responsibility to your tenants as per the Florida landlord-tenant law. So, if you are just...

How to Keep Your Tenants Happy and Satisfied

By Income Realty, Inc. Monday, April 29, 2019

Replacing tenants regularly is bad for business. Not only does it take time, but it can be a costly affair. The following are some of the costs associated with tenant turnover. Lost Income: A vacant rental property means zero rental income at the end of the month. If you are...

Should I Allow Pets In My Rental Property?

By Income Realty, Inc. Wednesday, April 3, 2019

Accepting Pets in Your Rental PropertyShould I allow a pet in my rental property? Now, did you know that over 65% of U.S. households have a pet? And by restricting pets in your rental property, you're limiting your property to about 30% of tenants. Now, what are...

An Overview of the Fair Housing Act

By Income Realty, Inc. Thursday, March 28, 2019

The Fair Housing Act prohibits discrimination in housing on the basis of seven protected classes. These classes are race, color, national origin, familial status, handicap, sex, and religion. As such, as a landlord in Miami, FL, denying housing to a prospective tenant based ...

Guide to the Best Neighborhoods in Miami

By Income Realty, Inc. Wednesday, February 20, 2019

Miami is the largest and most popular city in South Florida. It’s well known for its diverse cultures, tasty foods, vibrant night-life, dazzling skyline, and charming beaches. If you visit Miami, make sure to enjoy the community life, food trucks, luxury shops, histori...

7 Maintenance Tips for Your Miami Rental Properties

By Income Realty, Inc. Monday, January 28, 2019

As a landlord, your rental property is likely to be one of your most valuable assets. As such, it makes perfect sense to protect it.Yet, time and again, landlords in Miami fall behind when it comes to routine maintenance tasks. Sometimes leaving all maintenance duties to their te...