Property Management Blog

Uncover Hidden Opportunities: Commercial Lease Analysis in Miami

Everyone knows that investing in real estate is often a smart financial decision. However many investors are taking it to the next level and focusing on commercial properties. And they're seeing a lot of success with these purchases.That is as long as they are using the right...

Unlock Management Success in Miami With Property Management Software

According to Axios, in the third quarter of 2023, national office vacancy rates reached 19.2%. However, Miami, FL, was "better off" than many other cities, as the vacancy rate in Miami-Dade County during the same period was only 9.6%.So, if your commercial property'...

Commercial Property Due Diligence Critical for Miami Transactions

A gleaming Miami high-rise with ocean views, priced to sell. You're ready to sign on the dotted line, but what lurks beneath that pristine facade? In the high-stakes world of Miami commercial real estate, what you don't know can cost you millions.From flood risks to zonin...

Lease Audit and Cost Recovery: Boosting Revenue in Miami Properties

Miami's real estate market is one of the fastest growing in the U.S. Over the ten-year period from Q1 2013 to Q1 2023, property prices have nearly tripled.It follows that commercial property revenue will increase, but that's not always the case. How can property owners ma...

Miami Property Manager's Guide to Tax Time: Tax Statements and 1099s

Tax season can be a challenging time for property managers in Miami. Handling tax statements and 1099s is crucial to maintaining smooth operations and avoiding penalties.If you're a property manager feeling overwhelmed by the complexities of property tax filing, this guide is...

Proven Property Marketing Tips for Attracting Tenants in Miami, FL

Did you know that the US rental vacancy rate is over 6%? If your Miami, FL rentals are empty, you'll continue losing revenue! Before that happens, update your property marketing strategy.The right marketing tips can help you dominate the Miami rental market. You can reach new...

Rent Collection Strategies: Ensuring Timely and Efficient Payments as a Commercial Landlord in Miami

Do you own a commercial property in Miami? You're surely patting yourself on the back now, as Miami is one of the most economically promising cities in the country.In 2022, the city saw a poverty rate decrease of just above 4%, as well as a median household income growth of c...

Lease Renewal Strategies: How to Retain Valuable Commercial Tenants in Miami

Commercial real estate in Miami, Florida can be a great investment as long as you're following the best practices.There are several things you can do to maintain and maximize your profits, and one of them is avoiding periods of vacancy. When tenants leave, it's not always...

What Do Landlords Need to Know about Security Deposits?

The era of security deposits may end in Florida soon. In 2023, Florida Governor Ron DeSantis signed a law that allows landlords to charge a non-refundable fee in lieu of security deposits.That doesn't mean you can ignore the concept, though. Landlords will still collect secur...

Difference Between Service, Emotional Support Animals and Pets

About 66% of Americans own a pet or animal of some kind. Many of these Americans are also renters. Landlords need to understand the differences between various types of domestic household animals.If you have an investment property you're renting out, you may be considering di...