Efficient Owner Statements and Reporting to Boost Your Rental Business
By Blakely Hughes Saturday, September 14, 2024
According to the NARPM, the average property management company operates with an adjusted profit margin of 6%. However, the top performers in the industry achieve profit margins as high as 25%. This, says the NARPM, is largely thanks to good financial management practices.You mig...
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Effective Maintenance Coordination for Landlords: Best Practices
By Blakely Hughes Saturday, September 7, 2024
A research team from USA TODAY Homefront found the average homeowner spends $5,775 in maintenance per year. 54% of those surveyed spent more than they planned. 28% had to go deeper into debt.Almost 75% had home maintenance regrets. 1/3 regretted not knowing how to make repai...
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Mastering Rental Property Management: Essential Tips for Landlords
By Blakely Hughes Wednesday, August 28, 2024
Renters make up roughly 43% of our population here in Jacksonville, FL. Though this is below the national average, it still leaves Jacksonville investors with a large pool of renters to market to.New landlords will quickly discover that managing a property involves far more than ...
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Master Portfolio Management with These Proven Strategies
By Blakely Hughes Wednesday, August 21, 2024
Are you curious about the health of the real estate market?Hold onto your seats when you read this number:The value is soaring past $47 trillion in the U.S. alone. This estimate only accounts for residential real estate, as well. Commercial real estate in the country is sitting c...
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Top 5 Guidelines for Pets in a Rental Property in Jacksonville, FL
By Blakely Hughes Wednesday, August 14, 2024
If you're a pet owner and a renter, you already know that this combination can be a challenge. According to recent data, there are approximately 12.5 million pet owners in Florida alone.Navigating how to deal with pets in a rental property is an important way to keep your pet...
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Rental Valuation Ease: Boost Your Property's Worth in Jacksonville
By Blakely Hughes Wednesday, August 7, 2024
How much is your Jacksonville rental worth? If you're looking for ways to make your rental even more sought-after, you've come to the right place. With a savvy strategy and some even small changes, you'll see your value go up.Read on to learn how to boost your rental ...
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How to Keep Great Tenants in Your Investment Property
By Nest Finders Sunday, July 28, 2024
Did you know that 95.3% of apartments are already occupied? As a result, as many as 14 prospective renters may compete to secure a lease. Instead of navigating this competitive market, your renters may prefer to renew.Learning how to keep renters in your investment property can b...
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Mastering Rental Analysis for Smart Investment Decisions
By Nest Finders Sunday, July 21, 2024
Rent in Jacksonville, Florida, is experiencing the beginnings of a downturn. This is but one piece of the puzzle that landowners should be aware of.Rental analysis is an essential tool for anyone looking to make informed and profitable rental investments. In essence, rental analy...
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Eviction Protection Plans for Your Rental Properties in Jacksonville, FL
By Nest Finders Sunday, July 14, 2024
Since March of 2020 - when Eviction Lab started tracking evictions in America - Jacksonville has had nearly 50,000 eviction filings.If you're a Jacksonville landlord, you don't want to be part of a statistic like this. Not only does it signal a major issue in your tenant ...
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3 Strategies Every Real Estate Investor Should Know
By Nest Finders Sunday, July 7, 2024
Investing in real estate is one of the smartest things you can do with your money.Real estate investments generate an average of $100 billion per year in America alone. By making wise property investments, you can set yourself and your family up for generational wealth. That said...
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