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Setting the right price when renting out your house is a critical aspect of real estate management. Whether you're a seasoned landlord or a first-time property investor, pricing your rental correctly can make all the difference in attracting quality tenants and maximizing your returns. As a landlord, make sure to understand the key factors and strategies involved in pricing your rental property accurately and efficiently. Use the following tips to help you in pricing your Sarasota home accurately: 1. Research Comparable Properties To determine…

A high occupancy rate is one of the best indicators of a rental property’s success. However, it’s common for landlords to go through times when vacancies are inevitable. While this can cause stress, you can also use it as an opportunity to make impactful upgrades to your rental that will maximize your ROI long-term. Over time, renters’ priorities change based on various factors. Amenities that were popular even a few years ago may feel out of date to tenants seeking a new home. That’s why we at Stringer Management have created this guide to ren…

If you are a landlord in Sarasota looking to fill a vacancy quickly, you’ll need to have successful marketing and advertising plan in place. Effective advertising will help you reach a wider audience and get your property rented in no time! An effective marketing strategy is essential because it helps you reach a wider audience, increase visibility for your rental property, and attract a larger pool of prospective tenants. Without an effective marketing strategy, a rental property may remain vacant for extended periods, resulting in income loss…

Using a comprehensive screening process when assessing prospective tenants is a crucial step in ensuring your success as a Sarasota landlord. Screening potential renters allows landlords to determine whether an applicant meets their needs and standards before signing a lease agreement. When you land a high-quality tenant, you are less likely to experience high turnover rates and will be able to retain your renters for the long term. Below you can find a step-by-step guide to help you create a thorough tenant screening process. Determine Your Id…

There are many reasons why you should consider investing in Sarasota rental properties. Florida’s population has been growing rapidly over the past couple of years, which has opened plenty of opportunities for real estate investors. In addition, Florida’s pleasant weather and beautiful sceneries also offer a good quality of living, making it a great place to live and invest! As an investor, you will also benefit from Florida’s friendly tax rate. The growing economy, plenty of job opportunities, and affordable housing options are a few reasons F…