First off, congratulations on buying your first investment property. You're about to embark on a wonderful journey of earning passive income for many years!
That said, it's important that you keep an eye on your Florida rental property from time to time. That's because Florida is one of the st...
A 1031 Exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. If you abide by all its requirements, you may be able to defer taxes on capital gains almost indefinitely.
Is there a cap on how many exchanges you can do under a 1031 Exchange in Florida? Absolutely not! You can d...
Selling a property can be a time-consuming process. Real estate and rental transactions involve more than just matching a property with a buyer or renter.
The process can also include inspections, showings, and constant communication before the deal is closed.
One of the important steps in the...
You’ve invested a lot of time and money into your Florida rental property therefore it’s only normal that you want that generate passive income. This, however, will only be possible if you have a steady stream of tenants or trusted long-term ones.
A rental property will probably experience peri...
Landlords try to minimize expenditures as much as possible, so why should you consider performing renovations? As the adage goes, "if it isn't broken, why fix it?" However, renovations can be categorized as additional investments.
Experience has shown that properties with more updated renovations...