Tampa Bay Property Management Blog

How Much Commercial Property Insurance Do I Need in Tampa Bay?

Tampa was one of only six markets that consecutively reported a vacancy decrease in the second quarter of 2023. Still, it's important to prepare for anything and everything.Commercial property insurance protects your real estate investment in Tampa Bay. Knowing the right amou...

Rental Property Accounting Made Easy for Tampa Bay Landlords

Did you become a Tampa Bay rental property owner to make more money? If you said yes, you're like many other investors.However, you might find that you don't know if your property is profitable because you haven't been keeping up with rental property accounting record...

How Security Deposits Work: A Guide for Tampa Bay, FL Landlords

As a renter, handing over money to a landlord to hold for the duration of your lease agreement may be a tough pill to swallow. You can, however, understand the necessity.As a landlord, collecting a security deposit is vital if your tenant doesn't hold up his end of the bargai...

How to Make Collecting Rent for Your Tampa Bay, FL Property Easy

If there's one complaint most Tampa Bay tenants have, it's high rent. Despite a small drop from 2022, the median rent is still $1,720.It's easy to see why this is a potential issue for landlords. To avoid rent collection struggles, it's worth looking into ways to ...

How to Keep Great Tenants in Your Tampa Bay, FL Investment Property

In Tampa Bay, the rental market is brutal, with a median rent of $1,720. For many tenants, this is over half their monthly income, so if they see cheaper accommodations, they'll surely jump at the opportunity.You may already be a nice landlord, but you can always do more to k...

Pros and Cons of Allowing Pets in Your Tampa Bay, FL Rental Property

In 2023, Tampa Bay currently has two top spots for the most pet-friendly cities in the US. It's only natural that the area's residents expect to live and get around with ease with their furry friends by their sides.If you've had to turn away renter after renter becaus...

Energy Management for Commercial Properties: Strategies for Sustainability and Cost Savings

The average small business in America pays up to $1,150 each month for utilities.These expenses can impact a company's bottom line. This is why energy management is a worthwhile endeavor. Businesses can reduce their energy bills and achieve major cost savings.How can commerci...

Strong Tenant Relations: Enhancing Communication and Satisfaction

About 79% of renters want to communicate with their property managers or landlords via text or chat. Unfortunately, few property owners have a communications strategy in place. If you're not communicating with your tenants, tenant relations could suffer.Unhappy tenants are le...

Do Property Managers Pay for Repairs in Tampa Bay, FL?

Do you want to avoid having to spring into action every time something stops working in your Tampa Bay, FL rental property to make repairs? Then you should hire a local rental property management company to help you.There are almost 300,000 property management companies operating...

How to Get Tenants to Renew Leases in Tampa Bay, FL

Owning property is a great way to supplement your income, but being a property owner comes with its fair share of stress, too. Today, one of the biggest stressors that landlords face is retaining high-quality tenants.How do you get good tenants to renew their lease and stay on? T...