Tracking Rental Expenses: Tips From Sarasota Property Management

By Gulf Coast Property Management Wednesday, January 27, 2021

Next to unclogging a clogged toilet, tracking your expenditures as a rental property owner in the Sarasota area might be one of the most unglamorous parts of the job. While it lacks pizzazz, it's actually one of the more crucial elements of successful long-term and short-term ren...

Reducing Renter Turnover: Sarasota Property Management Tips

By Gulf Coast Property Management Monday, January 25, 2021

Finding the right renters for your Sarasota rental homes with a thorough tenant screening process is one of the most important things you will ever have to do as a property owner. However, once you've found ideal renters, it becomes your priority to keep them satisfied with your...

Should I Allow Prepaid Rent?' Sarasota Property Management Insight

By Gulf Coast Property Management Wednesday, January 20, 2021

It might seem like a dream come true: a renter wants to prepay six months (or even a full year) of rent to live in your Sarasota rental homes. That's a no-brainer, right? They give you a lump sum of money, move in, and you don't have to worry about anything until it's time for t...

Renters Insurance: Tips From Sarasota Property Management

By Gulf Coast Property Management Monday, January 18, 2021

What could go wrong with your Sarasota rental properties? When you deal with rental homes, renters, and Gulf Coast weather, just about anything 'could' go wrong. Even with the best rental property maintenance practices, rental homes can suffer from resident accidents or weather-r...

Long-Distance Investing With Sarasota Property Management Insight

By Gulf Coast Property Management Wednesday, January 13, 2021

If you're a dedicated investor seeking a way to expand your portfolio outside of your current rental market, you're probably facing at least one of these scenarios: Your city is saturated with real estate investments all competing for the same pool of renters Your return on inve...

The Best Places to Invest: Tips From Sarasota Property Management

By Gulf Coast Property Management Monday, January 11, 2021

When working with out-of-state investors, we often hear this question: 'I'm looking for a rental property: which cities and neighborhoods along the Gulf Coast are the best for portfolio building?' As an expert in Sarasota property management, the first thing that's crucial to ide...

Sarasota Property Management Shares Crucial Investing Basics

By Gulf Coast Property Management Wednesday, January 6, 2021

If you're a beginning investor interested in becoming a rental property owner in the Sarasota area, you've likely started to prioritize the research you need to make such a venture successful. Considering that you're working with incredibly valuable assets rather than penny stock...

Is 'Too Much' Rehab Possible? Sarasota Property Management Weighs In

By Gulf Coast Property Management Monday, January 4, 2021

If you're a seasoned investor with a large portfolio in the Sarasota area (or any rental market, for that matter), the answer to the question we'd like to talk about today won't surprise you: Is there such a thing as 'too much' rehab for a rental property? The answer is 'YES!' A...

Out-of-State Purchasing Is Easy With Palm Island Property Management

By Gulf Coast Property Management Wednesday, December 30, 2020

If you've been eyeing a rental property on Palm Island (also referred to as 'Little Gasparilla Island' or 'Don Pedro Island'), it's no wonder! This is one of the few natural barrier islands gracing the Gulf Coast area, and its beauty is one reason why many property owners rush to...

Renters Insurance Matters: Tips From Sarasota Property Management

By Gulf Coast Property Management Monday, December 28, 2020

As you start considering additional ways to protect your rental property and income from sudden unforeseen (or even foreseeable) disasters, renters insurance often rises to the top of the heap. While this crucial form of protection for your renters isn't mandatory in the state of...