Melbourne Property Management Blog

3 Reasons to Hire a Property Management Company in Melbourne, FL

Marketing vacant properties, managing the finances, screening applicants, and fulfilling maintenance requests. There aren't enough hours in a day to do it all alone. With help from a property management company in Melbourne, FL, you won't have to.The best property managem...

Rent Collection Strategies: Ensuring Timely and Efficient Payments

Rent collection is never fun. Not only do you have to contact your tenants, but you also have to keep chasing them up if they're late. And if they're constantly non-compliant, then you'll have to evict them and go through the process of attracting new renters.It doesn...

Is Outsourcing Your Tenant Screening Process a Good Idea?

Filling rental vacancies quickly is a top priority for property owners. However, the last thing you want to do is let critical details fall through the cracks in your search.Lease renewals, timely rent, and pristine units are three points to prioritize. Ideal tenants provide all ...

Property Marketing: How to Attract a New Tenant

Think of the scenario: you have a perfectly well-maintained rental property in a great location. But it's just sitting empty because you don't know how to bring in new tenants.Are you trying to bring in new tenants for your rental properties? It can be a difficult proposi...

How to Write a Notice of Rent Increase for Your Rental Property

Repair costs have risen 10%, property taxes have jumped 20%, and your stress levels as a landlord have increased 100%. It's time to raise the rent at your Melbourne rental property again.Research shows that the city's rent increase year-over-year exceeds the United States...

The Purpose of Performing a Rental Valuation in Melbourne, FL

If you want to generate reliable, recurring income, owning rental properties is a great choice. About 36% of households in the US are rental properties.If you want to build equity and maximize your cash flow, there are a lot of elements to deal with when owning rental properties....

Advantages of Full Service Property Management in Melbourne, FL

About 66.5% of homes in Florida are occupied by their owners, leaving around 34.5% occupied by renters.Rental properties are one of the best ways to generate recurring income, but managing a rental unit isn't as easy as many people think. You'll be faced with all kinds of...

Commercial Property Insurance in Melbourne, FL: What You Should Know

Commercial property insurance is something that can help protect your new business in Florida.However, it looks like it is about to get a little more expensive. Insurance rates are expected to increase by up to 50% in the Sunshine State for 2023.Are you looking for better protect...

Commercial Lease Agreements in Melbourne, FL: What You Should Know

Investing in commercial property is one of the absolute best ways to grow wealth. If you're a Florida investor, Melbourne is an excellent place to start looking for commercial property opportunities.The city of Melbourne, FL is a hotbed for industries like aerospace and diffe...