Investor Financing Tips for Rental Properties in Manatee and Sarasota Counties

By Gulf Coast Property Management Tuesday, July 17, 2018

Real estate investing requires financing, and you have several options for financing the purchase of a property. As an investor, you have more options than a homeowner who will buy and live in a property. Property Management Manatee: Conventional Financing You have the op...

Rental Property Depreciation Tax Benefits in Manatee and Sarasota County

By Gulf Coast Property Management Monday, July 9, 2018

Depreciation is one of the most overlooked tax benefits that investors can use on their tax returns. It’s based on the principle that everything gets old and becomes useless. A car depreciates, and an appliance depreciates. Every tangible thing that we have comes with a de...

The Importance of Inspecting Rental Properties

By Gulf Coast Property Management Thursday, July 5, 2018

Landlords retain property management companies to protect their interests. Landlord Inspections are an important part of this process. At Gulf Coast Property Management, we perform three types of landlord inspections. All inspections are performed by Gulf Coast Property Managemen...

What if my Tenant Files Bankruptcy?

By Gulf Coast Property Management Thursday, July 5, 2018

Non-collection of rent is one of most landlord’s biggest concerns. When this happens, the landlord either works out an early termination agreement with the tenant or files for eviction. Neither are pleasant experiences but it’s a straightforward process if you know what you ...

3 Pitfalls of Real Estate Investing in Manatee and Sarasota County

By Gulf Coast Property Management Monday, July 2, 2018

When it comes to real estate investing, there are three deadly sins that can disrupt your cash flow and ruin your ROI. Those are: overpaying, overleveraging, and mismanaging. We’re discussing each of them today. Property Management Manatee: Overpaying for Investment Pro...

Do I Have to Fix Everything my Tenant wants?

By Gulf Coast Property Management Sunday, July 1, 2018

Real estate investment would be simple if it wasn’t for the tenants and maintenance expenses. I often hear landlords complaining about their tenants and the crazy maintenance requests that they have. Do I have to fix everything my tenant wants? Is a common question. If you ha...

Should a Management Company Charge for Handling Work Orders?

By Gulf Coast Property Management Wednesday, June 27, 2018

A question, some landlords may ask when deciding between management companies is whether the company charges for handling work orders. As a landlord, you may feel that the cost of handling maintenance issues should be included in the monthly property management fee? There are man...

Homeowner Associations and Rental Properties

By Gulf Coast Property Management Thursday, June 14, 2018

Love them or hate them, with 80% of the country's housing stock under their control. Most of our available properties are situated in homeowner association communities. Homeowner associations are difficult to avoid. It is obvious to see the attraction - Residents no longer have ...

How to deal with a nonpaying tenant?

By Gulf Coast Property Management Thursday, June 14, 2018

The most common question we hear from self-managing rental owners is: "How do I handle a nonpaying tenant?" Even the most seasoned professional property manager will tell you an eviction is a lengthy, complicated and expensive procedure. To the self-managing landlord, the thought...

Should I inspect My Rental Property?

By Gulf Coast Property Management Thursday, June 14, 2018

Annual inspections are an important part of owning a rental property. If you have several different tenants throughout the year, it's not too difficult to schedule the annual inspection to occur when the property is vacant. But how do you handle inspections when you have a long-t...