Types of Insurance Landlords Must Have in Bradenton, FL

By Gulf Coast Property Management Tuesday, May 28, 2024

Taking on any investment is a risk. Purchasing insurance for stock investments isn't as simple as buying insurance for other endeavors, such as real estate.Bradenton, FL, real estate investors can benefit from landlord insurance. To protect your assets, you need to know about...

Hurricane Preparedness in Bradenton, FL: What You Should Know

By Gulf Coast Property Management Tuesday, May 21, 2024

Have you heard that Florida has been hit by 125 hurricanes since 1851?Living in Bradenton means enjoying sunny days and beautiful beaches, but it also means being prepared for hurricanes. Property owners have to understand hurricane preparedness to protect their properties.What s...

Should You Sell Your Bradenton, FL Property?

By Gulf Coast Property Management Tuesday, May 14, 2024

Do you own a property in Bradenton that you're thinking about selling?Deciding to sell a property is a massive decision. It's not something that you can dive into without seeing the full picture.How can you tell if it's time to sell your Bradenton property? Read on to...

How We Calculate Rental Increases in Bradenton, FL

By Gulf Coast Property Management Tuesday, May 7, 2024

As inflation fluctuates and the economy rises or falls, rental increases come into effect as well. They are a common aspect of leasing agreements, allowing landlords to adjust rental rates to reflect changes in the housing market and property expenses.In Bradenton, FL, like many ...

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 ...