Davie Property Management Blog

Understanding Mortgage Rates: Navigating the World of Home Financing

In the Florida real estate market, all eyes are on mortgage rates. As of Feb. 23, 2024, mortgage rates are now over 7% again, which, in turn, limits the demand for new loans.Many homebuyers and sellers are choosing to stay on the sidelines instead of moving. This comes as no surp...

Accidental Landlords in Davie, Florida: Steps to Take if You Become One

Suddenly owning a rental property can be a stressful and potentially overwhelming experience. The circumstances leading to ownership are not always positive. Then, there is the new real estate to manage.Accidental landlords have a potentially profitable opportunity. Follow these ...

Important Rental Property Inspections in Davie, FL for Landlords to Conduct

As a landlord in Davie, FL, keeping tabs on your rental property is crucial. One way of maintaining its condition and ensuring the satisfaction of your tenants is by regular inspections. These inspections help you stay informed about the condition of your property and ensure lega...

How to Simplify Maintenance Coordination at Your Rental Properties in Davie, Florida

Every Florida landlord must keep their rental property in a habitable condition. This is best achieved by carrying out regular maintenance in line with prevailing regulations.Regular maintenance also helps landlords avoid unnecessary repairs. In this way, it preserves the value o...

How to Increase Lease Renewals at Your Rental Properties in Davie, FL

Are you struggling to retain renters in Davie, FL? Without lease renewals, your vacancy rate could rise. The vacancy rate in the US is already over 6%!As your vacancy rate rises, you'll start experiencing cash flow problems. Retaining good tenants can save you time, money, an...

Pros and Cons of Allowing Pets in Your Rental Property

Imagine falling asleep with a sweet ball of fur curled against your side every night, knowing they're safe and sound in your secure rental property. Your tenants deserve the same peace of mind. However, deciding to allow pets in a rental property shouldn't be a rash decis...

Is Outsourcing Your Tenant Screening Process a Good Idea?

Recent increases in housing costs have driven more people to rent. This has increased rental demand, which means such properties are more lucrative now than ever.Managing properties requires a lot of time and diligence though, including finding the right residents. One of the mai...

Commercial Real Estate: What Are Lock-In Clauses in Davie, Florida?

A commercial real estate lease is one of the most important contracts for a business. Because leases contain clauses that can't be broken, they are very consequential.During the COVID-19 pandemic, the business world learned of a clause that was not typically included in a com...

The Art of Property Marketing: How to Reach Your Target Tenant

Property marketing can cost you up to 10% of your rental income. If you're spending hard-earned cash on marketing, you want to be sure you'll see a good return on investment.Learning how to be effective at property marketing will lead to more real estate leads. Plus, you ...

Real Estate Trends to Watch: Insights for Buyers and Sellers in Davie, Florida

Studies show that about 66% of Floridians own their homes. With so many homeowners, investors must understand the real estate trends. Operating without knowing them can lead to massive losses or unsuccessful investments.But what are the most important real estate trends in Davie,...