Property Management Blog

Maximizing Your Lakeland Property's Potential: Expert Home Selling Tips

It's a pivotal time for Lakeland property owners. Current house prices have shown a bit of a dip, which means it's becoming a buyer's market. But there is still a window of opportunity to get the best price for your property.To achieve that, you'll need to be savv...

The Lakeland, Florida Real Estate Market: A Current Snapshot

Florida's housing market has been consistently in high demand, and there's a city that stands out among the rest: Lakeland. Not only does Lakeland offer a wide range of housing options, but it also boasts lower housing prices compared to some of the neighboring cities lik...

5 Common Mistakes Landlords Make in Property Management

Managing rental properties might seem like a straightforward task. Find tenants, collect rent, and handle maintenance. However, the reality is far more complex and fraught with potential pitfalls that can have serious financial repercussions.Mistakes in property management can re...

Understanding the Importance of Prompt Rent Collection for Lakeland, Florida Landlords

If you have a great property in Lakeland, Florida, you might be sitting on a gold mine. You can earn a rental income from it, and if you're lucky, you can turn this into a full-time business.But there's one thing you must be aware of. Many cities across the US are seeing ...

3 Common Misconceptions About Community Association Management

It is becoming more and more popular to hire a community association management company to run an HOA. In the United States, these companies manage up to 70% of all HOAs.However, there are some misconceptions out there about what companies like this actually do. Read on to find o...

How to Run a Successful HOA Board in Lakeland, Florida

The current metro area population of Lakeland, Florida, in 2023 stands at 364,000, a 1.68% increase from 2022. This population increase escalates the importance of an HOA in harmonizing community living.Yet, you may end up with an unhappy community if you don't know how to ru...

Lakeland Market Conditions: What to Know Before Investing

Did you know that the U.S. real estate market is worth almost $700 billion? With a number like that, it's easy to see why so many investors flock to this sector. Despite the great earning potential, markets vary and you should know all the details about the one you are invest...

Types of Insurance Landlords Must Have

While landlord insurance costs are often around 25% higher than standard homeowners insurance, it is just as important to have. These policies protect your home and you from problems that may crop up during the process of renting out your property.With that in mind, what are the ...

3 Steps For Managing Security Deposit Refunds

Having tenants in our rental properties can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start askin...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for ...