Blog - PMI Beach Properties

What Do Landlords Need to Know About Security Deposits?

Most landlords do their best to avoid the nightmare tenant scenario - someone who refuses to pay and wreaks havoc on their property.However, everyday property problems aren't so easily dodged: The tenant who accidentally burned a hole in the carpet or damaged a wall trying to...

Navigating Rental Property Accounting: Tips for First-Time Landlords

Did you know that the median household income in Boca Raton, Florida, is $94,251? The area has a reputation for being a wealthy community, which is great for rental property owners looking to make passive income.As a first-time landlord, you might feel in the weeds when it comes ...

The Top Signs It's Time to Seek Professional Help from a Landlord Rescue Company

Did you know that since 1974, the amount rental properties in the U.S. has increased? These soaring numbers are a reflection of the need for flexible housing.Unfortunately, because of the never-ending demand, many landlords are finding themselves in financial and even legal battl...

Rent Collection in the Digital Age: Utilizing Technology for Hassle-Free Payments

Some of Florida's biggest cities rank among the highest in the nation for vacancy rates. While Boca Raton doesn't make the list, many local landlords are expressing frustration with their current rental situation.If you're looking for a way to revitalize your property...

The Dos and Don'ts of Rental Property Marketing: Expert Tips for Success

You've secured the perfect home to rent out in Baco Raton, FL. Now, you're ready to find the ideal tenants. Your future looks bright in Palm Beach County.Research shows that Palm Beach County in 2024 has a 6% higher rent amount for two-bedroom houses than Florida on avera...

How to Manage Landlord Stress in Boca Raton, FL

The majority of landlords spend less than 40 hours a month managing their properties, and 20% spend less than four hours. Are you spending more time than that?If so, you're likely dealing with a lot of stress. You may even be considering selling your rental property. Before y...

How Often Should a Landlord Inspect Rental Property in Boca Raton, FL?

Imagine you're on a holiday, treating yourself for working hard as a Boca Raton landlord. Unfortunately, you can't relax because your phone won't stop ringing.It's your tenant calling in panic because of a burst pipe in your rental property. And they have every ri...

Pros and Cons of Allowing Pets in Your Boca Raton, FL Rental Property

Imagine you have a property sitting vacant for a long time. You spend time and money advertising it to potential tenants. Yet, every time a tenant application arrives on your desk, you turn it down.It sounds unusual, but surprisingly, many landlords can face this scenario. That&#...

Is Outsourcing Your Tenant Screening Process in Boca Raton, FL a Good Idea?

You've found the perfect tenant. They're respectful and make a decent salary, so you know they'll be able to pay their rent on time every month.Everything goes smoothly with the new tenant until it comes time for your first inspection. There's garbage scattered on...

How to Decrease Boca Raton Vacancy With Creative Rental Leasing Strategies

A study found that most cities in the United States with high vacancy rates are in tourism markets. Florida is one of the country's biggest tourist markets, therefore, it makes sense that Florida has many high-vacancy cities.High vacancy rates are a nightmare for a landlord. ...