Property Management Blog

How to Calculate the ROI on a Property Investment

By Income Realty, Inc. Monday, May 30, 2022

Investing in rental property has proved to be a safe and lucrative investment option for investors worldwide. Property owners are assured of stable rental income, appreciation, several tax rebates, and a hedge against inflation and economic shocks. But, how exactly does an i...

Pros and Cons of Moving to Miami

By Income Realty, Inc. Tuesday, May 24, 2022

Living in Miami is known for its exciting new opportunities, diverse cultural scene, and expanding market of jobs. There are also many natural wonders to admire while living in Miami. Miami residents and those visiting Miami have many great opportunities. This area offers low cri...

How to Avoid Water Damage in Your Rental Property

By Income Realty, Inc. Wednesday, April 27, 2022

Water damage is one of the most common reasons property owners make claims on their home insurance. Matter of fact, the Insurance Services Office (ISO) puts water damage claims at the second most common claim after wind and hail damage. With this statistic, it’s theref...

How to Film a Great Video Tour of your Rental

By Income Realty, Inc. Wednesday, March 30, 2022

Also known as 3D tours or 3D walkthroughs, virtual tours have become a hot topic in the real estate world. For a long time, virtual tours have only been popular with sellers and buyers. But renters and landlords are fast catching up to the craze. As a landlord, virtual tours...

Risks of Having a Vacant Rental Property

By Income Realty, Inc. Friday, February 25, 2022

Every industry has its own unique set of challenges, and the rental industry isn’t an exception. At some point during your career as a landlord, you’ll experience a vacancy. After all, a lease only runs for a specific period, and not every tenant will renew it when it...

What to Do if the Deposit Doesn’t Cover Unpaid Rent

By Income Realty, Inc. Tuesday, February 1, 2022

Other than rent, another move-in cost is usually a security deposit. Collecting a security deposit helps landlords cushion themselves against financial damage that can occur due to their tenant’s negligent or careless actions. A good example of a careless action your t...

4 Easy Ways to Get More Rent for Your Miami Home

By Income Realty, Inc. Thursday, December 30, 2021

As a property owner, you want to make profit from your real estate investments. One way you can make a profit is to increase the value of your rental home.When you increase rental home value, you can increase your rental income!In this post, we’re offering four ways that yo...

When Does a Guest Become a Tenant?

By Income Realty, Inc. Tuesday, November 30, 2021

Tenants are created differently, and the last thing you want is to rent to a potentially difficult one. Generally speaking, a thorough tenant screening process checks and verifies things like a prospective tenant’s income level, creditworthiness, criminal and rental backgro...

Showing a Property with Tenants

By Income Realty, Inc. Thursday, November 18, 2021

When a tenant gives notice of their intent to vacate your rental unit, it’s only prudent to start scouting for a new tenant as early as possible. Finding a tenant early will help you avoid losing rental income and also reduce the cost of maintaining a vacant unit. However, ...

Is a Month-to-Month Lease Better for Landlords?

By Income Realty, Inc. Thursday, November 18, 2021

A month-to-month lease is exactly what it sounds like. It’s a rental agreement that renews on a monthly basis. It runs until either party terminates it by giving a 30 day written notice. Generally, landlords use this type of agreement to extend existing leases. However, it&...