Florence Property Management Blog

Types of Insurance Landlords Must Have in Florence, AL

By Huston Kennedy Wednesday, May 28, 2025

Owning a rental property in Florence, AL, is a smart investment, but it also comes with risk. You need to be prepared for any eventuality, such as a sudden storm, an on-site accident, or unexpected property damage.That’s why having the right insurance coverage is essential....

The Dark Side of Tenant Privacy Laws: What Landlords Must Watch Out For

By Huston Kennedy Wednesday, May 21, 2025

As a property owner, understanding tenant privacy laws is a legal responsibility, but staying compliant can become challenging. Failing to understand where those rights intersect with your legal responsibility can lead to serious legal disputes or even legal action. Understa...

Tips and Tricks for Increasing Rental Income without Raising Rent

By Huston Kennedy Wednesday, May 14, 2025

As a landlord, increasing your rental income doesn’t always mean raising the rent. There are several creative and efficient ways to boost earnings from your rental property while keeping tenants happy and long-term vacancy rates low.Maximize Additional Revenue StreamsStart ...

How to Prepare for Rental Property Inspections and Avoid Common Issues

By Huston Kennedy Wednesday, May 7, 2025

A well-planned rental property inspection is one of the most effective ways to protect your investment, avoid tenant disputes, and maintain the property's overall condition.Whether you manage one or several rental properties, taking proactive steps before and during the inspe...

What Do Landlords Need to Know About Security Deposits?

By Huston Kennedy Monday, April 28, 2025

Security deposits are an important part of the rental process, offering you financial protection while ensuring tenants uphold their lease agreements. Understanding security deposit laws and best practices can help you avoid disputes and maintain compliance. Here’s what you...

Should I Rent My House or Sell It? The Pros and Cons for Property Owners

By Huston Kennedy Monday, April 21, 2025

Deciding whether to rent out or sell your home is a major financial decision. Both options have advantages and challenges depending on your financial goals, the housing market, and your future housing plans. Before making a choice, consider the benefits and challenges of each app...

How to Turn Your Home into a Rental Property

By Huston Kennedy Monday, April 14, 2025

Turning your home into a rental property can be a smart financial move, providing passive income and potential tax benefits. However, it requires careful planning and an understanding of the financial, legal, and logistical aspects involved. Here’s what you need to kno...

How Section 8 Decides if Your Rent Is Reasonable

By Huston Kennedy Monday, April 7, 2025

If you’re part of the Housing Choice Voucher Program, it’s important to understand how Section 8 determines whether your rent is reasonable. The U.S. Department of Housing and Urban Development has strict guidelines to ensure that rental rates align with local ma...

How to Stay Updated on Changing Landlord-Tenant Laws in Alabama

By Huston Kennedy Friday, March 28, 2025

Staying updated about changing landlord-tenant laws is important to protect your investments and maintain a good landlord-tenant relationship with Alabama tenants. Understanding Alabama landlord-tenant laws ensures compliance, prevents legal disputes, and helps you make wise deci...

How to Maximize Rental Income with Tiered Lease Agreements

By Huston Kennedy Friday, March 21, 2025

A detailed lease agreement can significantly maximize rental income while providing flexibility for you and your tenants. One effective strategy is implementing tiered lease agreements, which allow you to optimize rent based on lease terms, market demand, and tenant preferen...