Did you know that your property has a history
Check with the property inspector: You will have to hire a property inspector in case of a very old property to assess and confirm whether it is safe to occupy.
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Some of the ways one can make money on beach rental properties are: a) Decrease Vacancy: The best way to minimize vacancies is to find a long-term tenant so that you dont have to deal with turnover. b) Minimize Turnover: Turnover costs money in multiple ways. There are advertising costs, the cost of patching and painting walls and replacing floorin
Typical Fee Agreement. As a baseline, expect to pay a typical residential property management firm between 8-12% of the monthly rental value of the property, plus expenses. Some companies may charge, say, $100 per month flat rate.