Top Tips When Buying Investment Property in Daytona Beach

Top Tips When Buying Investment Property in Daytona Beach

Investing in real estate comes with many benefits. The key benefit of investing in real estate has to be the constant flow of rental income. Furthermore, landlords can also enjoy protection from economic shocks, the property can serve as a hedge against inflation, and an appreciation in value. To enjoy all these benefits and more, it is prudent for an investor to choose a prime location to acquire a rental property; Daytona Beach is such a location. In this article, the experienced team from Sun-Pro Realty and Management outlines several tips …

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Buying Investment Property When Interest Rates are Rising

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 …

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Everything You Need to Know About Renewal Screening Checks

Everything You Need to Know About Renewal Screening Checks

Are renewal screening checks worth your time? Successful property management extends far beyond collecting rent and maintaining the physical condition of your rental units. One crucial aspect of ensuring the continued well-being of your investment and the safety of your tenants is the implementation of renewal screening checks. Renewal screening checks are a proactive and strategic approach to tenant management, allowing you to evaluate your current tenants' suitability for lease renewal. While your existing renters may have initially passed …

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Mastering the Art of Rent Collection: Strategies for On-Time Payments

Mastering the Art of Rent Collection: Strategies for On-Time Payments

When offered several investment choices, investors may choose a property investment because of its steady and constant cash flow. Steady cash flow can allow a landlord to calmly pay off their mortgage, utilities, and other financial responsibilities. That is why, as a landlord, you need to learn how to foster on-time payments from your tenants. With several years of experience in the local property market, Sun-Pro Realty and Management offers its advice. Using the following tips, you can substantially increase your chances of receiving on-tim…

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Holdover Tenant

Holdover Tenant

Does the term ‘holdover tenant’ seem like a new term to you? In this article, the team from Sun-Pro Realty & Management explains what a holdover tenant is, how they could impact your rental business, and how you can protect yourself as a landlord. What Is a Holdover Tenant? A holdover tenant is one who decides to stay on the premises even after their lease has expired, but generally continues to pay the rent and comply with the clauses of the ‘previous’ lease agreement. Landlords may find themselves in this situation when a tenant asks fo…

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