Every rental property owner’s goal is to maximize the return on investment. Rental prices are an integral part of this overall strategy. A realistic and unbiased approach to figuring out the market rental rates is necessary to this endeavor. In fact, if you can identify the correct rental rates for your property, it can help you lower your vacancy rates. (more…)
Many landlords ask if they should allow pets in their rental properties. When you consider the increased pool of applicants from which you can choose, it’s a good idea to allow them as long as you have a plan in place to mitigate the increased risk of damages that comes with allowing pets. The number of homes with pets has increased from 56 percent in 2011, to 65 percent in 2015. That number continues to grow.
Putting Together a Pet Policy
A good example of a strong pet policy can be (more…)
Many rental property owners, particularly new landlords, are concerned about being in a position where an eviction will be required. They aren’t sure if they need an attorney, and they have questions about how much it costs and how long the process takes. Perhaps these are the wrong questions. A Jacksonville property manager will tell you to ask how to avoid eviction instead. (more…)
Morgan Property Management is a family-owned business serving property owners and tenants in Jacksonville, Florida. Our focus is on providing quality property management services with a win-win situation for all concerned. We know that clean, well-maintained properties lead to happy tenants. And happy tenants pay their rent on time, take care of the property and lead to landlord success. When you have low turnover, you’ll get a greater return on your investment. (more…)