Blog | Sun-Pro Realty & Management

How to Handle Multiple Applications for a Single Rental Property

Key Takeaways A Clear, Consistent Screening Process Is Essential: Managing multiple applications requires well-defined, fair criteria and a transparent, “first-come, first-qualified” approach to avoid delays, miscommunication, and legal risks under the Fair Housing Act. Thorough Verification Protects Your Investment: Verify income, credit, background, eviction history, and references to ensure applicants are financially stable and reliable, while applying standards fairly to minimize bias. Partnering with Professionals Simplifies Management: …

Florida Rental Laws - An Overview of Landlord Tenant Rights in Daytona Beach

Both landlord and tenant in Florida have certain legal obligations they must adhere to under federal laws. Whether you’re just getting started or are looking to learn more, here’s an overview of the Florida Landlord and Tenant laws. Required Landlord Disclosures Under Florida Law When renting out a property in Florida, there are certain disclosures that you must make to your renter before they can sign the lease or rental agreement. The disclosures are as follows: Landlord’s Identity Florida landlords must advise their renter of their identity …

What to Know About Renting to Tenants with Service Animals

Key Takeaways Service animals are not pets: Under federal law, landlords must make reasonable accommodations for service animals, regardless of pet policies, breed, or size. Legal protections apply: The ADA and Fair Housing Act protect tenants with disabilities and prohibit landlords from asking for medical details or charging pet fees for service animals. Landlords have rights, too: While you must allow service animals, you can still hold tenants accountable for damages, request health records, and enforce rules if the animal is disruptive. …

Refinancing Your Rental Property Mortgage

Key Takeaways Refinancing can boost cash flow: Lower interest rates or better loan terms can reduce monthly payments, freeing up money for other investments or expenses. It’s not always the right move: Refinancing comes with costs and stricter requirements, so it’s important to weigh the pros and cons carefully. Preparation is key: To improve your chances of approval, ensure strong credit, sufficient equity, and complete documentation before applying. Savvy investors know that using a mortgage to buy rental property can be a smart strategy. …

Florida Security Deposit Laws

Most landlords in Florida charge a security deposit when renting out a property. And rightfully so as it helps provide for a financial cushion against negligent actions by tenants. In addition, it also incentivizes residents to care for their unit in order to get a full refund of their security deposit. Requiring security deposits in Florida does, however, come with a slew of responsibilities for a landlord. Among other things, there are rules on how the landlord can store it, how the landlord can use it, and when the landlord should return the…