Florence Property Management Blog

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...

Can Property Management Companies Handle Tenant Eviction Effectively?

By Huston Kennedy Saturday, December 7, 2024

Navigating tenant evictions can be one of the most stressful tasks for property owners. The eviction process involves legal complexities, detailed procedures, and emotional challenges that most landlords would rather avoid.Property management companies provide a practical solutio...

How Rental Valuation Impacts Your Investment Success in North Alabama

By Huston Kennedy Thursday, November 28, 2024

Rental rates have surged by 31% since 2010, meaning a property once rented at $1,000 a month now fetches $1,310. That's nearly $4,000 more in annual income, and it's no fluke. Investors who understand rental valuation know that setting the right rent is one of the most po...

Essential Property Maintenance Tasks to Know About in North Alabama

By Huston Kennedy Thursday, November 21, 2024

In 2023, over 30,000 new residents moved to Alabama according to a report by the Public Affairs Research Council of Alabama. Since the state boasts abundant land and affordable properties, this occurrence should come as no surprise. However, there are countless obligations to ful...

How to Become a Successful Real Estate Investor in North Alabama

By Huston Kennedy Thursday, November 14, 2024

With builders projected to add over 518,000 new rental units to the U.S. market in 2024, according to Bankrate, the demand for rental properties is undeniable. The opportunity to grow your investment portfolio has never been more within reach. But, the question is: how do you ens...