Saving Money During Turnover: Sarasota Property Management Tips

By Gulf Coast Property Management Monday, February 15, 2021

We've often talked about how finding the right renters is crucial to your success as a Sarasota rental property owner. Placing the wrong renters in your property is a quick ticket to turnover—and all the expenses associated with it. For many property owners who are tightening t...

Top 3 Risks for Rentals: Insight From Sarasota Property Management

By Gulf Coast Property Management Wednesday, February 10, 2021

When you think of situations that endanger your rental property income (and your rental property itself), what are the first thoughts that come to mind as an investor? For most of you, we'd be comfortable placing a hypothetical wager that these are some of the first things you th...

Sarasota Property Management Tips: Skipped Maintenance Kills Cash Flow

By Gulf Coast Property Management Monday, February 8, 2021

Foreword: The following article is not a substitute for legal counsel. The information contained herein was current as of the time of writing. If you need immediate help with a pressing issue concerning your rentals, turn to a competent attorney or our Gulf Coast experts for real...

Rental Property Cash Flow Tips From Sarasota Property Management

By Gulf Coast Property Management Wednesday, February 3, 2021

What kind of cash flow should you be expecting from your Sarasota rental property? Every investor has certain expectations for how their real estate investments should perform—but they don't always work out that way. The type of cash flow you can (an...

The Best Way to Contact Renters: Sarasota Property Management Tips

By Gulf Coast Property Management Monday, February 1, 2021

As a rental property owner, you know that being the best investor you can be carries more benefits than simply being a 'nice' person. Providing excellent service to your renters encourages them to stay in your Sarasota rental homes longer with renewals—and it boosts your return...

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...