Blog | Sun-Pro Realty & Management

What You Should Consider When Creating a Rent Increase Notice Letter

Key Takeaways Clear Communication: Always provide a well-crafted rent increase notice, explaining the reason, effective date, and legal notice period. Research and Compliance: Ensure your rent increase aligns with market rates and follow local laws, giving tenants 30 to 60 days' notice. Justify Increases: Offer clear reasons, like inflation or property upgrades, to maintain tenant satisfaction and avoid retaliatory increases. Raising rent is sometimes an unavoidable part of being a landlord, whether due to rising inflation, increased mainten…

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 …

Understanding Cash Flow: How to Keep Your Rental Business Profitable

Key Takeaways Maximize Cash Flow: Track income and expenses carefully to ensure optimal cash flow and profitability. Screen Quality Tenants: Thorough tenant screening ensures reliable tenants and reduces costly vacancies. Maintain Property Value: Regular updates keep your property attractive, competitive, and profitable. What’s the secret to successful rental investments? Cash flow. At Sun-Pro Realty & Management, we understand that maximizing cash flow is the foundation of a profitable rental property. To achieve this, you need to caref…

How to Boost Your Rental Property’s Curb Appeal

Key Takeaways Curb appeal is key: A visually appealing exterior can attract more tenants, increase your rental property’s ROI, and even allow you to raise rent—if done right. Affordable upgrades: Simple tasks like repainting, maintaining the lawn, or adding solar lights can significantly boost your property’s appeal without breaking the bank. Professional help makes a difference: Consider hiring a property manager like Sun-Pro Realty & Management to ensure your property’s curb appeal is consistently maintained, while saving you time and e…

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…