Blog | Sun-Pro Realty & Management

Becoming a DIY Landlord? 8 Mistakes to Avoid

While the rewards can be lucrative, being a DIY landlord can be anything but easy. Between finding great tenants and collecting rent, maintaining the property, and staying legally compliant, the responsibilities that come with being a landlord can feel stressful. There are certain mistakes, that if you avoid, you’ll be more likely to succeed. The following are 8 mistakes to avoid: 1. Not Having a Written Lease Agreement in Place A lease agreement is a legally binding document between a landlord and a tenant. It ties a tenant to certain obligat…

The Benefits of Renting to Tenants with Pets

Renting to tenants with pets can provide a range of benefits for the landlord. That said, landlords should ensure they’re prepared for this type of tenancy by familiarizing themselves with pet-related laws and regulations. Additionally, landlords should consider implementing a pet policy that outlines the responsibilities of the tenant to ensure the property is taken care of. Overall, renting to tenants with pets can benefit all involved when appropriately managed. This article offers facts to take into account when determining whether to allo…

How to Keep Renters Happy

Are you a landlord who wants to maintain good working relationships with tenants? If so, it's essential to keep them happy! A happy renter is a long-term renter and that means a steady income and less hassle for you. Unoccupied properties can be expensive. If you find yourself with a vacant unit, you’ll need to keep your rental property rent-ready, promote it frequently, and ensure it’s kept tidy. Additionally, your income will be interrupted while you wait for a high-quality renter since you won’t be collecting monthly rent. So, fostering a p…

Pricing Your Daytona Beach Home to Rent

Knowing how to price your Daytona Beach home is part of the marketing process. No matter how attractive your rental property is or where it’s located, nothing beats a great rental rate when you advertise. If you set the price too high, prospects will ignore your listings but if the rate is too low, you won't be able to maximize your earnings. Assigning the right rent rate increases the chances of finding a qualified tenant for your Daytona Beach home. You have to learn to set an optimal rate to ensure that your earnings can cover your mainten…

Guide to Making a Solid Lease Agreement for your Rental Property

Your investment property must not operate without a lease agreement. Once you’re marketed your rentals and carried our a screening process, it’s time to sign the lease. A lease is a legal contract that can protect both a landlord and their tenants during the tenancy. You should, therefore, make sure you have a clear, written lease agreement in place before renting out your property. The document must be signed by both the tenant and the landlord for it to be legally enforceable. A legal lease or rental agreement outlines the obligations of both…