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All rental property investors/owners know that part of the process of selecting the best location(s) for rental properties includes the calculation of annual vacancy rates. Investors know all too well that they must calculate the average percentage of the year that properties will sit empty in order to make the best decision about where to purchase units. Why? Because vacancies are one of the greatest expenses for landlords and owners.

Unfortunately, colder months do not equal hibernation for restless tenants. In fact, as a landlord, you might even be facing the possibility of a winter eviction process. Even Jacksonville experiences cooler temperatures throughout the winter months. You are probably wondering about the legalities of the possible eviction and whether you even have the right to proceed before the commencement of warmer weather.

There is an increasing push within our country to control the operations of "landlording". Of course legal protocol is necessary in order to regulate applicant discrimination and negligent landlords, however Kansas City, for example, seems to approach such regulations in a manner which could potentially victimize landlords via attempts to pass a Tenant Bill of Rights. The bill would prohibit landlords from tenant eviction history screening and exploring credit and criminal history without proof of just cause.

The most beloved time of the year can often be tainted by unexpected circumstances due to poor planning. IPS knows you've carefully selected the perfect tree and spent hours decorating your home in preparation for the perfect Christmas. We want to help keep your plans on track by suggesting some basic tips for continuing that perfect holiday vibe:

Smart investors are always reevaluating the group which retains the largest purchasing power paired with the highest demand for housing. As one such smart investor, you should know that millennials are both trendsetters and trend followers, the majority of whom would much rather rent in a chic urban neighborhood than purchase a starter home farther out from highly desired locations.

As a landlord (or prospective tenant) you've already likely heard that Flagler is mustering up its best attempt at revising the country's fair housing ordinance. The proposed amendment(s) would serve as quite a face lift to the ordinance if the upcoming December 2nd presentation is agreed upon and implemented. It has been thirty years since the ordinance has been amended.

The great thing about investing in rental properties is that the returns are predictable. That being said, newbies can lose their shirts when they fail to properly calculate six major rental expenses:

Yes, Halloween is over, but the reality is that some nightmares are still continuing for landlords who've elected to go it alone when it comes to property management. Picture it: mold which mirrors cottage cheese, roaches desperately escaping an opened refrigerator and unreported rotting floorboards... It isn't pretty and the stories only get worse.

"Room for rent" is becoming a hot topic among landlords and rental property owners. While it might seem to be the best way to rent out a space, there are five reasons you might want to rethink your strategy.

1. Sound Motivation

Most people have moved around a bit. Some move due to affordability or other financial reasons. Others relocate due to job opportunities and some move because of a tenant/landlord fallout. Whatever the case might be,stability should be the ultimate longing for any applicant. If the motivation for moving is solid, then proceed to the next step!