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Property Management Blog

Blog Post Should a Management Company Charge for Handling Work Orders?

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...
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Blog Post Homeowner Associations and Rental Properties

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 ...
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Blog Post How to deal with a nonpaying tenant?

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...
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Blog Post Should I inspect My Rental Property?

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...
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Blog Post What is the Best Way of Renewing my Tenant’s Lease?

What is the Best Way of Renewing my Tenant’s Lease?

By Gulf Coast Property Management Thursday, June 14, 2018
The purpose of the renewal process is to ensure you are achieving the best market rate and protect your investment. All too often we see property owners renewing a tenant’s lease (or worse, transferring to a month to month arrangement) without calculating the effective market r...
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Blog Post Should I Rent My Property as a Vacation Rental or Annual Rental?

Should I Rent My Property as a Vacation Rental or Annual Rental?

By Gulf Coast Property Management Thursday, June 14, 2018
During the past few years and with the help of websites such as Airbnb and HomeAway, the vacation rental industry has attracted a lot of attention (good and bad). Being close to some of the best beaches in the world, we are often asked by potential property owners whether they sh...
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Blog Post I Want To Raise My Tenant’s Rent But ….

I Want To Raise My Tenant’s Rent But ….

By Gulf Coast Property Management Thursday, June 14, 2018
In my experience landlords are very reluctant to raise rental rates. Shying away from this unpleasant task is totally understandable; fear of breaking bad news, the time and effort associated with the task, (misplaced) responsibility towards the tenants and uncertainty in the ren...
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Blog Post

Investment Owners: Property Value

By Gulf Coast Property Management Thursday, February 15, 2018
Welcome, investors! Here at Gulf Coast Property Management, we work with rental investors in Manatee and Sarasota counties in Florida. Today we're going to be talking about the three ways people value property, whether that be a cost analysis, a sales analysis, or an inc...
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Blog Post Tax Considerations of a Foreign Investment Property Owner in Lakewood Ranch

Tax Considerations of a Foreign Investment Property Owner in Lakewood Ranch

By Gulf Coast Property Management Thursday, February 15, 2018
With the Bradenton, Sarasota & Lakewood Ranch areas being extremely popular destinations for investors from all over the world, many people purchase in the area without knowing their full responsibilities of rental income tax. If you are a non-resident of the U.S. and Gulf Co...
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Blog Post The Importance of Renter’s Insurance

The Importance of Renter’s Insurance

By Gulf Coast Property Management Monday, February 5, 2018
At Gulf Coast Property Management, we require our renters to purchase renter’s insurance. Why, you may ask? There are a number of reasons outlined below why we require our renters to be insured. Liability Coverage If an accident occurs in your home such as a slip or fall, rent...
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