Residents Smoking in a Rental property?

By Gulf Coast Property Management Wednesday, August 22, 2018

When I started the company in 2003, questions about residents smoking in a rental property was asked by a lot of owners. Thinking back, I would guess smoking in a rental property was the number one concern property owners had when I was discussing landlord challenges with them. ...

What Type of Investment Property to Buy and Where Should you Buy in Manatee and Sarasota County?

By Gulf Coast Property Management Tuesday, August 21, 2018

Investors who want to buy their first rental property or add to their portfolio need to know what type of property to buy and where to buy it. This is a big commitment and investors should understand the pitfalls of investing before making any decision. A property’s loca...

Manatee and Sarasota County Property Management Fees Explained

By Gulf Coast Property Management Monday, August 13, 2018

Potential property management customers often bring up management fees, wanting to know how much professional property management will cost. This is understandable; cost is an important factor in deciding who you will trust with managing your investment. But, I would rather ...

Security Deposits. How Much to Charge for Repairs?

By Gulf Coast Property Management Tuesday, July 24, 2018

When a lease ends, the rental property will need to be cleaned and any repairs fixed. Once a landlord has decided to charge the tenant’s security deposit you will next need to decide, how much to charge for repairs? We have looked at what a landlord can charge in previous blog...

3 Investment Methods for Property Valuation | Tips for Manatee and Sarasota County

By Gulf Coast Property Management Monday, July 23, 2018

At Gulf Coast Property Management, we work primarily with investors, and we introduce them to real estate that will give them a good return on their investment. Today, we’re talking about the three different ways to value a property. Those methods are the cost approach, ...

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...