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Maintaining a property doesn’t come with set hours. You never know when heavy rain will result in flooding or a heater will break down in the middle of the night. For this reason, landlords must be prepared to handle any urgent property emergencies that occur, even if they are past midnight. Attending after-hour emergencies can be tiring but landlords must develop an organized process to ensure that critical issues are promptly managed. Identifying a Rental Property Emergency Maintenance You should know how to categorize different property is…

Are you thinking about investing in the Pensacola real estate market? Florida rentals are widely sought-after, so you can rest assured you’ll be able to earn a stable passive income in no time. Rental investments allow you to build your equity and wealth over time. This is why many investors prefer to put their money in real estate than in the stock market. While investing in a rental property can be a highly lucrative venture, it doesn’t mean there are no risks. One of the biggest issues first-time landlords face is a negative cash flow at th…

Are you tired of chasing down rent payments every month? Mastering the art of rent collection is a crucial skill every landlord should hone to ensure a steady cash flow and maintain a positive landlord-tenant relationship. This article unveils proven strategies to encourage on-time payments, making the rent collection process smoother and less stressful. By implementing a mix of modern technology, clear communication, and a touch of personal rapport, you can transform this often dreaded task into a well-oiled routine. Dive in to explore acti…

Have you ever found yourself caught in the dilemma of choosing between real estate and the stock market for your investment portfolio? As a landlord, aligning your financial endeavors with real estate investments can be a game-changer. This article unfolds the myriad benefits of investing in real estate over the stock market, offering a stable income, tax advantages, and appreciating asset value. Unlike the volatile nature of stocks, real estate provides a tangible asset that’s often immune to sudden market fluctuations, ensuring a safer inve…

As a landlord, you might find yourself in a situation with a quality long-term tenant. If they have been consistently paying their rent on time and adhering to the property rules and regulations, you might think they are the perfect tenant! However, there is the only issue at hand. You feel they are paying below the market value of the property and you want to increase the rent come lease renewal time. In this article, the team from NFI Property Management Solutions has put together a comprehensive article to discuss raising the rent. With thi…