There are strict rules in place that govern security deposits in Orlando. Landlords need to understand how to collect them, where to hold them, and most importantly – how to return them. If there’s going to be a dispute between tenants and landlords, it will almost certainly be around the security deposit. Typically, tenants always think they should get the full...
Depending on your own personal experience, you may have expectations or assumptions about what you’re responsible for in a rental property and what your tenant will be required to cover. At Homevest, we work with a lot of investors from overseas who live in countries where tenants typically take care of everything, even the maintenance of...
After a tenant moves out of your property, you’ll need to get inside the home to inspect it for any potential damage. It can be difficult to determine what looks like damage in the property versus what should be considered normal wear and tear. The definition of wear and tear varies from state to state, and it’s a lot different here...
A good screening process results in a well-qualified resident who has a history of paying rent on time and taking care of rental properties. At Homevest, we focus on placing residents who are committed to following the lease terms and want to stay in place for the long term. Screening is...
Smart investors know that working with an Orlando property management company can lead to better investment decisions. You need an expert in the local rental market who can talk to you about the property’s potential as a rental home.
Owning an Orlando rental property is harder than it seems. While many landlords believe they simply need to place a tenant and collect rent, it doesn’t take them long to realize there are a lot of headaches and hassles involved, not to mention laws, requirements, and responsibilities that take a lot of time and require a lot of knowledge. The truth...
Even in times of economic uncertainty, Orlando remains one of the best real estate markets for investors. There are over a thousand people moving into Orlando every day, and the city and its surrounding communities offer economic opportunity as well as a high quality of life. At Homevest, we provide expert
One of the first questions owners and investors ask a potential property manager is often: how much do you cost? This is an important question, and today we’re sharing what you can expect in Orlando property management fees and what we charge ourselves at Homevest.
Often, it seems like renting out an Orlando investment property is as easy as finding a tenant and collecting rent. Sometimes, it really is that simple. But usually, there are complications and unexpected situations to deal with. Maybe a tenant loses a job and can't pay rent or there's a dispute over the security deposit or your tenant is trying...
If you’re a landlord renting out an Orlando property, you’re certainly feeling the stress and uncertainty of the COVID-19 pandemic. While it’s natural to worry about rental income and evictions and staying afloat financially, the safety and well-being of our owners, investors, tenants, vendors, and community partners is always at the top of our priority list. We hope you and...
