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Tenant Evictions in Florida

Tenant Evictions in Florida - Article Banner

Delinquent tenants are one of the biggest problems a landlord can face, and state laws provide the necessary procedures landlords must follow to evict them. To evict a tenant in Florida, you’ll need to start with a written notice and then follow up in court.

There are different kinds of notices for different situations, including notice of termination with cause, and notice of termination without cause. (more…)

Pets vs. Service Animals – What’s the Difference for Fort Lauderdale Rental Homes?

There is a legal difference between pets and service animals, and it’s important that you understand that difference when you’re renting out a property. A pet is just what it is – a pet. You can allow dogs, cats, birds, or other animals that are pets in your property. We recommend that if you do decide to allow pets, you create a pet addendum for your lease. Work with the attorney who helped you prepare your lease agreement, and include the property pet addendum to your lease agreement so you have everything in writing. (more…)

Landlord Insurance FAQ for Real Estate Investors in Fort Lauderdale, FL

There are several types of investment property insurance that are important to south Florida real estate investors, and we’ve asked an insurance expert to join us. Jorge Acosta, with USI Insurance, is going to explain what types of landlord insurance shouldn’t be overlooked when you’re managing the risks associated with your rental property. (more…)

Best Tips for Buying an Investment Property in the USA – Fort Lauderdale Property Management Advice

Foreign investors who want to buy real estate in the United States have a number of legal and tax implications to consider. In south Florida, there are a lot of foreign investors buying vacation homes or investment properties that are both commercial and residential. In any type of purchase, a foreign investor needs to meet with an accountant and a tax attorney before buying. This is necessary to review and orchestrate how the purchase will be set up. There are several things to take into consideration: (more…)

Analyzing ROI for Single Family Properties | Fort Lauderdale, FL

Subject Property

•For the purpose of this presentation we will analyze the return on the investment of a single family home which total acquisition cost is $250,000.00
•Market Rent for subject property is $2,200.00 per month
•We will use yearly figures on our analysis

•The Analysis is before tax


Tenant Screening: How to Find the Best Tenant for Your Fort Lauderdale Investment Property

Tenant screening may be the most important aspect of rental real estate investments. A good tenant pays the rent and stays in the property for as long as possible. You’re also looking for a tenant who takes good care of the property. These things are essential for the right performance of any real estate investment.

At Florida Property Management Services in Fort Lauderdale, we divide tenant screening into three areas; credit and background, proof of income, and character. (more…)