Types of Insurance Landlords Must Have for Their Investment Property in Southwest Florida

By Gulf Coast Property Management Saturday, October 28, 2023

Owning an investment property can be a lucrative endeavor, especially in Southwest Florida. However, owning rental properties comes with unique risks and challenges. In Florida, these go beyond the normal wear and tear that renters cause and extend to severe storm damage.To prote...

Real Estate Investing: Budgeting for your Vacation Rental in Southwest Florida

By Gulf Coast Property Management Saturday, October 21, 2023

Did you know that the average cost of a vacation rental in the U.S. is around $180 a night? You can earn even more in a sought-after region such as Southwest Florida!However, it is not as simple as putting the 180 dollars into your back pocket. The income is to upkeep your vacati...

How Property Managers in Southwest Florida Calculate Rental Increases

By Gulf Coast Property Management Saturday, October 14, 2023

If you're a tenant in Southwest Florida, you may have wondered how property managers calculate rental increases. It's a common question, and the answer can affect your monthly budget.Don't worry; in this rental analysis guide, we'll break it down in simple terms s...

Don't Dread Rent Collection: Rental Assistance Programs in Southwest Florida

By Gulf Coast Property Management Saturday, October 7, 2023

A record number of Americans are struggling to pay rent, according to a recent report published by Harvard University. If you are like many other tenants in Southwest Florida worrying about rent collection every month, the good news is that help is available.In this blog post, we...

Exploring the Benefits of Investing in Florida Off-Market Deals

By Gulf Coast Property Management Thursday, September 28, 2023

You don't know the stress of selling a home until you're trying to sell one in a competitive market. In June 2023, 4.16 million existing homes were sold. With rising interest rates, it's a priority to get your home sold.Sellers often hold open houses and post their ho...

The Pros and Cons of Leaving Furniture in Your Rental Property

By Gulf Coast Property Management Tuesday, September 26, 2023

As you prepare to move out of your rental property, you may be considering whether to leave your furniture behind. While this choice has its conveniences, it's essential to be aware of how it can impact prospective tenants, their rental cost expectations, the potential wear-a...

Finding Your Perfect Florida Property Investment

By Gulf Coast Property Management Thursday, September 21, 2023

With a property value appreciation rate of 18 percent and an average home price of $305,000, Florida is one of the best states to invest in real estate. As a Florida real estate investor, you can make a good return on your money to build wealth and expand your portfolio. A Florid...

Comparing Do-It-Yourself Property Management vs Professional Property Management Services

By Gulf Coast Property Management Thursday, September 14, 2023

There are 44.1 million renters in the United States. If you own a rental property, that means you have quite a pool of applicants. However, being an owner or landlord is more than securing tenants, as you also need to consider repairs and upkeep.Is property management difficult? ...

The Hidden Advantages of Renting Your Home Even When It Doesn't Cover All Expenses

By Gulf Coast Property Management Tuesday, September 12, 2023

Renting out your home can be a wise financial move, but what if the rental income falls short of covering all your expenses? While it may seem counterintuitive at first, there are several compelling reasons to consider renting your rental property even when it doesn't en...

Protecting Your Vacation Home: The Benefits of Hiring a Home Watch Service

By Gulf Coast Property Management Thursday, September 7, 2023

Florida ranks at the top of the list for where people would buy vacation homes if they could afford one. A recent survey shows vacation homes are a bigger reality for many adults, with four out of 10 respondents sharing they already own one.These numbers suggest a growing demand ...