Becoming a DIY Landlord? 7 Mistakes to Avoid

Being a DIY (Do-It-Yourself) landlord means managing and maintaining rental properties independently. The benefits of being a DIY landlord include saving money on management fees and being more hands-on with your property and tenants. However, being a DIY landlord also comes with challenges. Without a professional property management company to support you, you need to deal with maintenance and repair issues, legal responsibilities and difficult tenants on your own. DIY landlords need to know the common mistakes that can lead to financial loss…
How to Make a Solid Lease Agreement for Your Rental Property

Without a lease agreement, it can be difficult for landlords to agree with tenants on the rental terms and conditions of a tenancy. A written lease will help both parties be aware of their responsibilities. It will also help you in court if ever a tenant files a lawsuit. To reduce any potential conflicts, it’s essential to make your rental agreement clear, detailed, and specific. This article will answer some key questions to help you better understand what a solid rental agreement might look like. What’s a Lease For? A leasing agreement outli…
How to Maintain Your Rental Property

Are you burnt out from the stress of maintaining your rental property? Property investment and maintenance go hand in hand, though property maintenance can seem more daunting. NFI Property Management Solutions will cover how to maintain your investment property and outline the responsibilities of property owners, tenants and property managers. Who is Responsible for Maintaining a Rental Property? Maintaining a rental property can be draining on your time and resources. However, all of the responsibility doesn’t fall on landlords. Tenants are…
How to Attract Long Term Tenants

Every landlord wants to attract long-term tenants. Not only do long-term tenants provide you with consistent passive income for your investment property, but they can also save you money in the long-term. Having a long-term renter removes the need to market your property and conduct multiple tenant screenings to fill a vacancy. Finding reliable renters in a competitive market can be challenging. Our team at NFI Property Management Solutions has experience attracting and maintaining long term tenants for rental properties. Keep reading to learn…
How to Successfully Advertise Your Pensacola Rental Property

If your Pensacola rental property isn’t listed or the listing is low-quality, it will continue to be vacant no matter how attractive the space is. Marketing is essential when you own a rental property. Good marketing allows you to pick an ideal tenant for your property from a large pool of prospective tenants. Advertising needs to be organized and strategic. You need to create ads that capture the interest of your target market so you can find ideal tenants to rent your property. NFI Property Management Solutions will outline key factors to con…