Miami Property Management Blog

Demystifying the Real Estate Market: Key Trends and Insights

If there's one real estate market that has a bright future, it's sunny Miami! Miami saw an increase in newcomers in 2023, and one can only expect this to increase throughout 2024.This brings many opportunities to Miami-based landlords. But is Miami a real estate market th...

Understanding Mortgage Rates: Navigating the World of Home Financing

Everyone in the real estate industry is talking about mortgage rates. The average 30-year mortgage rate is back above 7%.As a result, many potential buyers and sellers remain on the sidelines in the Miami area. Active listings are down and fewer shoppers are on the market for a n...

The Importance of Tenant Screening in Rental Property Management

Are you thinking about getting into rental property management? If so, what's stopped you?If the answer is bad tenants, you are not alone. This is a common worry among many new landlords who invest a lot of time and money into rental properties.Luckily, you can avoid quite a ...

Pros and Cons of Allowing Pets in a Rental Property

507,500 households in Miami own a dog, while 223,100 households own a cat. This large number has many landlords wondering whether or not they should allow pets in a rental property.Although service animals are required to be allowed in Florida rentals, what should you do about pe...

Real Estate Development: From Concept to Completion

Real estate is a dynamic, lucrative field that offers great opportunities for investors. If you're a beginner, understanding the ins and outs of real estate development can help you make the right decisions and maximize your returns. Your investment could go south without an ...

Navigating Real Estate Financing: Options and Considerations

Investing in real estate is a smart move for investors looking to earn passive income and grow their wealth. That's probably why 63% of Americans have invested in the sector, compared to 54% who have invested in the stock market.Whether you're buying your first home or re...

5 Rental Property Accounting Mistakes Miami Landlords Must Avoid

Imagine your friend asks for help keeping up with their finances. Now, you have to keep up with two sets of records.This is what happens when you take on a rental property. There's so much information in front of you that you're bound to miss something.Read on to learn fi...

The Essential Steps in Establishing an HOA Board in Miami, FL

Close to half of all homeowners in Florida live in an HOA.The reason is that HOAs work wonders for property values and residents' happiness. An HOA board is responsible for making important decisions related to the community, and their role is crucial.Are you a resident of an...

Community Unity: 5 HOA Benefits You Need to Know

An impressive 45% of homes in Florida are part of an HOA nowadays.These organizations are responsible for managing various aspects of the community. It's important for everyone to understand how HOAs can improve people's lifestyles.What are the most noteworthy HOA benefit...

What Is an HOA Lien in Miami, Florida?

Over 45% of Florida homeowners live in HOA communities, paying an average of $389 per month in HOA fees. In Miami, the average is $415, which is one of the most expensive rates in the country.Living in an HOA comes with many benefits thanks to shared expenses, but these depend on...