Blog | Sun-Pro Realty & Management

How to Increase Your Rental Income Without Increasing Rent

Maximizing rental income is a common goal for property owners and managers, but raising rents is not always the most viable or sustainable solution. At Sun-Pro Realty and Management, we understand the importance of maintaining a competitive edge while providing value to tenants. In this article, we'll explore ten strategies that can help you increase your rental income without resorting to rent hikes. Improve Property Maintenance and Curb Appeal Regular property maintenance is crucial for preserving the value and attractiveness of your rental …

Things Landlords Should Be Doing Every Year But Probably Aren’t

As a landlord, managing rental properties can be a complex and demanding task. With so many responsibilities, it's easy to overlook certain duties that are crucial for maintaining the value of your property, ensuring tenant satisfaction, and protecting your investment. Here are some important tasks that landlords should be doing every year but probably aren’t: 1. Conduct Comprehensive Property Inspections Annual property inspections are crucial for identifying and addressing maintenance issues before they become significant problems. These ins…

Squatters Laws in Florida 2024

On May 15, 2024, Governor Ron DeSantis signed the "Property Rights" bill, also known as HB 621, into law. This new law helps protect homeowners' rights against squatting in Florida and all over the US. Squatting is when someone moves into an empty building or space without permission. The HB 621 law is meant to give property owners stronger legal tools to deal with this. Governor DeSantis made it clear that this bill is all about safeguarding homeowners' investments and keeping property values up. Passing HB 621 is a major step in making sure p…

Important Factors for Real Estate Investing

Real estate investing can, without a doubt, be a lucrative venture. While location is an incredibly important factor to consider for real estate investing, there are other factors to consider as well. In today’s article, we’ll look at some of the most important factors any investor should be looking at before getting their feet wet. Location This cannot be emphasized enough! Location remains a top factor for real estate investing. You want to buy a property in the right location to maximize your return on investment as quickly as possible. Th…

Buying Investment Property When Interest Rates are Rising

Interest rates have often been an indicator of economic health. When they rise many prospective investors hesitate; after all, the cost of financing and maintaining rental properties can substantially impact returns. While it's true that rising interest rates can have a significant impact on the real estate market, rental properties remain an attractive investment option due to their potential for stable cash flow, tax benefits, diversification, and long-term appreciation, making them a compelling choice for investors even in a higher interest …