Property Management Blog

Open House Success: Tips for Hosting a Memorable Property Showing

Were you aware that almost 88,000 people live in Melbourne, Florida?As more people move to the Sunshine State, your Melbourne home will only become more desirable. This could work wonders for your finances if you decide to sell or rent out your property.Are you thinking about hos...

Foreclosures: Exploring Opportunities in Distressed Properties

It's estimated that 62% of homeowners often struggle to make their mortgage payments on time. When a person or family falls too far behind on their mortgage, the bank can choose to repossess the house.These are known as foreclosures. When a property becomes foreclosed, it bel...

Maximize Your Investment: Tips for Commercial Property Owners in Melbourne, FL

Nowadays, commercial property owners need all the help they can get thanks to ongoing work-from-home or hybrid work arrangements. These modern-day phenomena have resulted in record-high vacancy rates, with 50% of office space standing empty.So, if you're a commercial property...

5 Essential Tips for Smooth Lease Renewals in Melbourne, FL

Increasing rental vacancies across Florida mean Melbourne investment property owners must work harder than ever to retain their existing tenants. Low occupancy means more competition amongst landlords to find and keep tenants.Fortunately, there are some things you can do today to...

Streamlining Lease Management: Tools and Best Practices for Commercial Properties

As the Florida rent market stabilizes, renting out real estate becomes an increasingly attractive idea for investors across Melbourne. Creating a residential or commercial lease can be a challenge, but lease management is a necessary step toward entering this lucrative market.Rea...

Luxury Homes: Exquisite Properties That Define Elegance in Melbourne, Florida

Melbourne currently ranks third in wage growth within America. That means luxury homes are even more appealing than ever before.The question is: what exactly is a luxury home when compared to a regular home? Is your property considered luxury?To help define the key differences, w...

Pros and Cons of Allowing Pets in your Rental Property

Almost 87 million Americans own pets. Many of these people live in rented homes.As a landlord, deciding whether you accept pets will impact the tenants you attract and the property's vacancy rate. But if you don't weigh the pros and cons, you could make an uninformed deci...

What Do Landlords Need to Know about Security Deposits?

One bad tenant can make your job challenging and frustrating. That's why one goal most landlords have is to find excellent tenants. Excellent tenants make your job easier and help you make more money.But you should still charge security deposits to every tenant. Before doing ...

Real Estate Trends to Watch: Insights for Buyers and Sellers

Florida's housing market is thriving despite inflation and other headwinds. This is especially true in the Melbourne area, where active listings are returning to levels not seen since 2019.The national news story is that real estate has hit a wall. Potential homebuyers are on...

3 Tips for Finding Homes for Sale in Melbourne, Florida

It might be easy (and tempting) to browse property listings or Instagram home accounts and single out your dream idea of a property.But are you in danger of getting stuck in that cycle of forever imagining the idea of a beautiful home rather than making it a reality?If so, read o...