Orlando Property Management Blog

Struggling to find a property manager? Then this article is for you. Here at Evernest, we know typing in a search on Google, having no prior experience, and unsure of where to even begin can be overwhelming. That’s why we created a list including the best property management companies in Orlando. Before we get into it, if you’re wanting really know what your options are, we understand! We wrote this article on what to look for in a property manager depending on your specific needs, which we recommend you check out here. >>

Interested in investing in Orlando, Florida? You’ll need a comprehensive guide to break into this red-hot locale. Orlando boasts a very competitive housing market - listed homes here receive multiple offers, sell faster (11 days!), and go for 4% above asking price, on average. This year alone, home prices in Orlando are 16% higher than in 2021, despite buyers gradually returning to the market after the pandemic. Orlando is firmly designated a seller's market because the overall demand for homes remains strong, but inventory is climbing. The good news? The Orlando Regional REALTORS Association (ORRA) reported that the current Orlando housing market can still benefit investors and homebuyers alike. ORRA Ptenant Tansey Soderstrom is quoted as saying, "This new surge in inventory is a sign that the Orlando housing market is beginning to level out, which is good news for buyers and sellers. Buyers will find more homes to choose from, and sellers are still getting top dollar as Orlando's median home price continues to rise." Still, if you’re eager to succeed when investing in Orlando, you’ll need some solid background knowledge.

Managing rental properties in Orlando presents a unique set of challenges, especially when it comes to understanding wear and tear versus tenant damage. For landlords, distinguishing between the two is crucial for maintaining the property’s value, ensuring fair security deposit deductions, and fostering positive tenant relationships. This guide aims to clarify what wear and tear entails, how to identify tenant damage, and best practices for documenting property conditions in Orlando rentals.

Investing in rental properties in Orlando can be lucrative, especially given the city's thriving tourism industry and steady population growth. However, owning rental property comes with risks and responsibilities. One crucial aspect that every landlord should consider is landlord insurance. This type of insurance protects against various risks that standard homeowner policies typically do not cover. Understanding landlord insurance in Orlando can help property owners safeguard their investments and maintain financial stability in the face of unexpected events.

While tourists travel to Orlando for the thrill of roller coasters and fireworks, not all of the city’s residents find comfort in the Magic Kingdom. An increasing number of locals are relying on emotional support animals (ESAs) just to get through the day. ESA requests have jumped by more than 50% over the past five years, with Florida and California reporting more requests than any other state.

In a dynamic real estate market like Orlando, investing in rental properties can be a profitable venture. However, understanding the financial aspects of managing these properties is crucial for success. This article will cover the essentials of rental property accounting, providing investors with the knowledge needed to optimize their investments.

Collecting rent is often an investor’s favorite part of owning rental property, but the logistics can be complicated, especially for those looking for passive income. Understanding the best practices for rent collection can make a significant difference in the success of a rental property venture. This article will explore various methods for rent collection in Orlando, ensuring landlords can choose the most effective and compliant options.

A homeowners association (HOA) is a governing body that manages a community of homes, typically in residential neighborhoods or condominiums. These associations are created to maintain the quality of life and property values within their respective communities.

Managing rental properties can be daunting for DIY landlords in a busy city like Orlando. With the many responsibilities that come with being a landlord—from tenant screening to rent collection—efficient management is crucial. It can quickly become overwhelming without the right tools to streamline these tasks.

In the Orlando rental market, property management goes beyond collecting rent and maintaining buildings; it depends significantly on customer service. For landlords, understanding their role in customer service is crucial. This article dives into the essentials of property management customer service in Orlando, emphasizing why landlords must prioritize this element for success.