Florence Property Management Blog

Insurance Claims for Rental Properties: Tips and Pitfalls to Avoid

By Huston Kennedy Friday, February 21, 2025

Owning a rental property can be a profitable investment, but it comes with responsibilities, including understanding your landlord's insurance policy. Filing insurance claims for your rental property can be a taxing process, but the right preparation can save you time, money,...

Adapting to Work-from-Home Trends: Designing Rentals for Remote Professionals

By Huston Kennedy Friday, February 14, 2025

The growing shift to remote work has significantly changed the rental market. Renters today aren’t just looking for a place to sleep, they’re seeking properties that support their work-from-home lifestyles. As a landlord, this presents an exciting opportunity to desig...

Top Strategies for Preventing Late Rent Payments in Florence, AL

By Huston Kennedy Friday, February 7, 2025

As a landlord in Florence, AL, late rent payments can disturb your finances and create unnecessary stress. Maintaining consistent rent payments is important for meeting financial obligations like mortgage payments and preserving the profitability of your rental property. By ...

Understanding Property Management Fees: What Do You Get for Your Money?

By Huston Kennedy Tuesday, January 28, 2025

If you're a property owner or real estate investor in Florence, AL, knowing how property management fees work is key to maximizing the value of your rental property. These fees aren’t just expenses—they represent the cost of essential services that save you t...

What are Rental Property KPIs and Why Should You Track Them?

By Huston Kennedy Tuesday, January 21, 2025

As a property owner or real estate investor in Florence, AL, understanding the financial performance of your rental properties is essential to maximizing returns and staying competitive in the real estate market.Tracking key performance indicators (KPIs) for rental properties pro...

How to Handle Late Rent Payments: A Property Owner’s Guide

By Huston Kennedy Tuesday, January 14, 2025

As a property owner, dealing with late rent payments is an inevitable part of managing rental properties. Whether you have a single rental unit or multiple properties, understanding how to handle tenants who pay late rent is crucial for maintaining a healthy cash flow and mi...

The Fair Housing Act: What Landlords Need to Know

By Huston Kennedy Tuesday, January 7, 2025

Navigating through the world of rental property management can be complex, especially when it comes to understanding the legal responsibilities involved. One of the most critical facets for landlords to understand is The Fair Housing Act. This federal law, along with various stat...

How Marketing Can Maximize Your Rental Income

By Huston Kennedy Saturday, December 28, 2024

As a property owner, maximizing your rental income is a top priority. However, achieving this goal requires more than simply listing your rental property on a platform. Effective rental property marketing is key to attracting quality prospective tenants, minimizing vacancies, and...

Why You Should Consider Investing in Florence, Alabama

By Huston Kennedy Saturday, December 14, 2024

Florence, Alabama, is a hidden gem for real estate investors looking to expand their portfolios. Known for its rich history, scenic views, and thriving local economy, this city presents an excellent opportunity for both seasoned investors and those purchasing their first rental p...

Property Management vs Self Management: What’s Best for You?

By Huston Kennedy Saturday, December 14, 2024

Owning rental properties is an excellent way to generate steady income and grow your investment portfolio. But as a property owner or real estate investor, one of the most critical decisions you'll make is how to manage your properties.Should you hire a rental property manage...