Florence Property Management Blog

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...

Effective Property Management for Real Estate Success in North Alabama

By Huston Kennedy Thursday, November 7, 2024

According to the World Population Review, the average house in Alabama costs around $284,000, making it one of the most affordable states in which to own property. Those who wish to generate passive income from a rental property often prioritize this location, but you'll need...

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...

North Alabama's Booming Neighborhoods: Your Guide to Future-Ready Real Estate Investing

By Huston Kennedy Monday, October 21, 2024

Home prices in the Huntsville area alone have increased by 70% over the past five years, sparking a real estate boom across the entirety of North Alabama. This growth presents a great opportunity for investors looking to grow their portfolios.North Alabama offers a unique mix of ...

Apartment Building Insurance: Getting insurance for apartment building

By Huston Kennedy Monday, October 21, 2024

Apartment building insurance is a crucial safeguard for property owners. It protects them from potential financial losses as a result of various risks. If you own or plan to own an apartment building, you must understand how insurance for apartment building works. It can help you...

Maximum Coverage of Flood Insurance for an Apartment Building

By Huston Kennedy Sunday, October 20, 2024

Flood insurance is vital for apartment buildings. More vital is in flood-prone areas. You need to understand the scope of coverage available. You need to also understand the maximum coverage of flood insurance for an apartment building.You also need to know the regions where it&r...

Do Apartments Cancel Your Renters Insurance? Everything You Need to Know

By Huston Kennedy Sunday, October 20, 2024

Renters insurance is essential for tenants to protect their stuff and mitigate financial risks. Yet, there are many questions about the role of apartments in renters insurance. One of which is do apartments cancel your renter's insurance.In this article, we’ll explore t...