What Landlords Need to Know about Florida Security Deposit Law

By Gulf Coast Property Management Sunday, April 28, 2024

Florida ranks 2nd in the nation in moves associated with eviction and foreclosure.If you're a Manatee or Sarasota-area landlord, evicting a tenant is never ideal. When your investment is at risk, you have little choice but to take action. Whether they've damaged your prop...

Property Accounting: Tips for Understanding Tax Statements and 1099s

By Gulf Coast Property Management Sunday, April 21, 2024

The American Rescue Plan Act of 2021 significantly affects tax laws for landlords earning an income from their investment properties. While the rule's implementation has since been delayed until 2024, with the latest tax season behind us, it's important to note the change...

Quick Ways to Grow With Portfolio Management Services in Sarasota

By Gulf Coast Property Management Sunday, April 14, 2024

Owning investment properties offers you a great opportunity to grow your income and wealth. In fact, around 90% of the world's millionaires have been created by real estate investing success.The process of getting started is complex, and it's easy to become overwhelmed. A...

Reasons to Review Your Owner Statements and Reporting in Bradenton

By Gulf Coast Property Management Sunday, April 7, 2024

Research shows that 37% of small businesses and gig workers experience anxiety and confusion when it comes time to file their taxes. As a Bradenton, Florida, landlord, you might feel the same way.A lot of people struggle to adequately file their taxes alone, which is why many inv...

What Are the Benefits of Turnkey Property Management in Venice, FL?

By Gulf Coast Property Management Thursday, March 28, 2024

You recently spent months renovating your now-stunning investment property, only to struggle with finding tenants. Sound familiar? With the country's rental vacancy rate increasing to 6.1%, it's becoming a common problem for investors.With turnkey property management...

Real Estate Asset Management: How to Avoid Expensive Mistakes

By Gulf Coast Property Management Thursday, March 21, 2024

With more than $230 trillion in real estate, property investments remain lucrative and can do a great job of helping you generate wealth. However, success isn't guaranteed and you'll need to approach the industry in a strategic way to see results.To avoid losing money as ...

Reasons to Conduct a Tenant Criminal Background Check

By Gulf Coast Property Management Thursday, March 14, 2024

While a charming smile and a firm handshake may initially win you over, diving into the depths of a prospective tenant's criminal history can unveil a wealth of information that could save you from future headaches.So how can these checks help you?Let's go through why you...

Easy Strategies for Maintenance Coordination in Lakewood Ranch, Florida

By Gulf Coast Property Management Thursday, March 7, 2024

Lakewood Ranch is one of the best places to live in Florida. The big attractions here include lake access, parks, excellent shops, and a short drive to Florida's beaches, making it popular amongst vacationers, too.So, if you own an investment property in Lakewood Ranch, you&#...

The Importance of Rental Valuation Services in Sarasota, FL

By Gulf Coast Property Management Sunday, February 25, 2024

The median rent in Sarasota is up over $2,200 in 2023.If you're thinking about investing in a Sarasota rental property, there's a lot of money to be made. To turn an investment property into a successful rental, you need to perform a thorough rental valuation.In today'...

Maximizing Property Value with Property Maintenance Services in Bradenton, FL

By Gulf Coast Property Management Sunday, February 18, 2024

Florida now boasts the second most valuable housing market in the United States.Investing in real estate in Bradenton, FL, comes with the promise of sizeable returns. Do you want to ensure the longevity and value of your properties? One crucial responsibility is routine maintenan...