Florence Property Management Blog

Everything on how to create a rent roll and manage it

By Huston Kennedy Friday, October 11, 2024

What is a Rent Roll?A rent roll is an important document used by property managers, investors, and landlords to track rental income. It serves as a financial document that provides an overview of tenants, lease terms, rental amounts, and payment history. Property owners use rent ...

CAP RATE; EVERYTHING YOU NEED TO KNOW ABOUT IT CAPITALIZATION RATE

By Huston Kennedy Friday, October 11, 2024

In the real estate market, capitalization rate (commonly referred to as cap rate) is a critical tool. Property managers and investors use it to assess the profitability and risk of a property. A rent roll provides detailed information about a property's rental income an...

Foreclosure; Everything You Need to Know as a House owner, a Lender or an Investor

By Huston Kennedy Tuesday, October 8, 2024

Foreclosure is a popular term in real estate. It generally refers to when a lender tasks possession of a property when the borrower fails to make payment. This is a significant event in the realm of real estate that affects homeowners, investors, and financial institutions. ...

Is Outsourcing Your Tenant Screening Process a Good Idea in North Alabama?

By Huston Kennedy Monday, October 7, 2024

According to Eviction Lab, filing an eviction case in Alabama costs an average of $276. It's a lot of money, and landlords must pay that for every tenant they want to evict.So, as a landlord in North Alabama, it's imperative to do everything possible to minimize your evic...

RENT INCREASE NOTICE; How to go About Notice of Rent Increase

By Huston Kennedy Wednesday, October 2, 2024

A rent increase notice is a formal document from landlords informing their tenants of increased rent. It details the new rental amount and when it should take effect. The notice of rent increase is important for transparent rental agreements. It helps protect both tenant ri...

RENT RECOVERY SOLUTIONS

By Huston Kennedy Tuesday, October 1, 2024

Rent recovery is crucial for landlords in managing their rental properties. Rent recovery solutions help property owners retrieve unpaid rent with less stress. With a good system in place, a landlord can reduce any form of loss and keep their cash flow.What is a Rent Recovery Sol...

ALL YOU NEED TO KNOW ABOUT FLORENCE, ALABAMA

By Huston Kennedy Tuesday, October 1, 2024

The City of Florence AlabamaFlorence AL is a beautiful city located in the northwest region of Alabama. It serves as the county seat of Lauderdale County and is part of the Muscle Shoals metropolitan area. Established in 1818, Florence, Alabama, has a successful history tha...

Homes for Rent in Tuscumbia: Find Your Ideal Rental Home

By Huston Kennedy Monday, September 30, 2024

Looking for homes for rent in Tuscumbia, Alabama? Whether you're a resident or moving to the area, Tuscumbia offers a range of rental options that meet various needs. We have lists of affordable houses for rent in Tuscumbia. This guide will help you explore rental homes...

Homes for Rent in Rogersville: Find Your Perfect Rental Home

By Huston Kennedy Monday, September 30, 2024

If you’re looking for homes for rent in Rogersville, Alabama, you’ve come to the right place. Whether you're new to the area or simply searching for a change, Rogersville offers a variety of rental options to fit your needs. We have a collection of apartments for ...

Homes for Rent in Killen Alabama: Your Complete Guide

By Huston Kennedy Monday, September 30, 2024

Killen offers a variety of rental properties that can suit your needs. If you are searching for homes for rent in Killen, Alabama, then you are in the right place. This is regardless of whether you're relocating or looking for a new home. This guide covers everything you need...