Florence Property Management Blog

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...

Simple Guide on How to Increase Your Credit Score

By Huston Kennedy Thursday, November 14, 2024

A credit score is a number that shows how good you are at handling money. Many places, like banks, landlords, and even some jobs, look at your credit score. If your score is high, people trust you more and this is why you need to know how to increase your credit score. Getting l...

Things to Consider When Choosing a Leasing-Only Service in North Alabama

By Huston Kennedy Monday, October 28, 2024

Are you considering investing in a rental property in North Alabama? If so, know it's a wise choice, as many cities in the region have affordable living costs. For instance, the average cost of living in Florence, AL, is 24% lower than in the U.S. and 11% lower than in Alabam...

Types of Apartment Building Insurance Coverage: What They Cover and How They Differ

By Huston Kennedy Wednesday, October 23, 2024

Apartment building owners face many risks, from property damage to liability issues. When you have the right apartment building insurance coverage, it safeguards your investment and ensures financial protection. However, apartment building insurance is not one-size-fits-all. Diff...

Insurance for Apartment Building Owners: A Comprehensive Guide to Choosing the Right Coverage

By Huston Kennedy Monday, October 21, 2024

As an apartment building owner, protecting your property is essential for ensuring long-term gains and stability. Insurance plays a vital role in safeguarding your building against potential risks like natural disasters, accidents, and legal claims. But with so many options avail...