Florence Property Management Blog

Should I Rent My House or Sell It? The Pros and Cons for Property Owners

By Huston Kennedy Monday, April 21, 2025

Deciding whether to rent out or sell your home is a major financial decision. Both options have advantages and challenges depending on your financial goals, the housing market, and your future housing plans. Before making a choice, consider the benefits and challenges of each app...

How to Turn Your Home into a Rental Property

By Huston Kennedy Monday, April 14, 2025

Turning your home into a rental property can be a smart financial move, providing passive income and potential tax benefits. However, it requires careful planning and an understanding of the financial, legal, and logistical aspects involved. Here’s what you need to kno...

How Section 8 Decides if Your Rent Is Reasonable

By Huston Kennedy Monday, April 7, 2025

If you’re part of the Housing Choice Voucher Program, it’s important to understand how Section 8 determines whether your rent is reasonable. The U.S. Department of Housing and Urban Development has strict guidelines to ensure that rental rates align with local ma...

How to Stay Updated on Changing Landlord-Tenant Laws in Alabama

By Huston Kennedy Friday, March 28, 2025

Staying updated about changing landlord-tenant laws is important to protect your investments and maintain a good landlord-tenant relationship with Alabama tenants. Understanding Alabama landlord-tenant laws ensures compliance, prevents legal disputes, and helps you make wise deci...

How to Maximize Rental Income with Tiered Lease Agreements

By Huston Kennedy Friday, March 21, 2025

A detailed lease agreement can significantly maximize rental income while providing flexibility for you and your tenants. One effective strategy is implementing tiered lease agreements, which allow you to optimize rent based on lease terms, market demand, and tenant preferen...

How to Conduct Thorough Property Inspections Without Upsetting Tenants

By Huston Kennedy Friday, March 14, 2025

Regular property inspections are essential for maintaining rental properties, ensuring tenant compliance, and preserving property value. However, inspections must be handled professionally to avoid conflicts and maintain a positive landlord-tenant relationship. Here’s a ste...

What Landlords Need to Know About Rent Control Laws in Florence, Alabama

By Huston Kennedy Friday, March 7, 2025

Some states impose strict rent control laws, but since Alabama doesn’t have statewide rent control, you have the flexibility to set rental rates that align with the market. As a property owner in Florence, understanding the legal market and Alabama's landlord-tenant law...

Understanding Tenant Credit Reports: What to Look For Beyond the Score

By Huston Kennedy Friday, February 28, 2025

As a property owner, selecting responsible tenants is one of the most important steps in protecting your rental property and ensuring consistent rental income. Credit reports are valuable tools in this tenant screening process, offering insights into financial responsibility and ...

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...