The standard renter’s insurance policies include coverage for fire, hail, wind, or falling objects related to hurricanes. However, renters insurance is not responsible for and does not cover flood damage from a storm or hurricane. Instead, renters’ insurance covers hurricane damage under personal property coverage and loss of use coverage. Meaning victims of the hurricane…
Many association Boards of Directors, in an effort to help keep assessment costs low, decline the purchase of a workers compensation policy for the association. The reasoning for this is often times based on the presumption that the association has no employees so a workers comp policy is not needed. This couldn’t be further from…
According to 2021 Zillow report, more renters say they considered buying. Specifically, more than half (56%) say they considered purchasing when they were looking for a home to rent. They say real estate purchasing starts with real estate agent. True, but often agents would ask for a pre-approval letter before they even begin any search.…
How long does it take to get your property rented? Not long at all! Our Property Management experts believe that if rental listing remains active for more than 5 days, it’s concerning. Let’s review why your property is active for unacceptably long time. 🔥 Your listing is overpriced. You may have a well-maintained property, but…
Leading Orlando management company, Mila Realty, helps more clients enjoy win-win situations amidst rave reviews from rental homeowners The team at Mila Realty has grown over the years to become a leading name in the rental market in and around Orlando. The Kissimmee property management firm has particularly stood out for helping rental estate investors to deal…
Hurricanes may seem like a regular annual occurrence to most Floridian homeowners, but to the majority of the nation, they are a force to be reckoned with. Whether you are a brand new homeowner or a seasoned one, owning a property in one of the states that are impacted by the hurricane season comes with…
As the prospects of no income tax and beautiful weather continue to attract out-of-state investors, the Florida real estate market is booming and it seems that there is no end in sight. Central Florida, especially the greater Orlando area has seen a drastic influx of home buyers due to its ideal location in terms of…
The “landlord” title comes with as much responsibility as it does prestige. From vetting the tenants to collecting rent payments and managing repairs and maintenance, the list of responsibilities of a homeowner and landlord are never-ending. Hiring a competent and reputable property management firm could take the weight off your shoulders by shifting the workload…
Late rent collection is one of the biggest challenges a landlord has to go through. It’s absurd to overreact and start serving legal rent-demand notices. This only creates unnecessary tension if the resident has an acceptable reason for not paying rent on time. That said, however, it doesn’t discount the fact that late rent is…
There is no place like home. As much as we love our homes as much our homes require our attention. Luckily, maintaining the property does not have to be complicated when we use simple but smart techniques consistently. With preventative maintenance, homeowners can help equipment near the end of its product lifecycle to work or…
