Phone: (941) 377-8400
Fax: (941) 378-5863

Sarasota Management Blog


What Investment Property Should I Buy in Sarasota?

Scott Corbridge - Wednesday, February 12, 2014
Today’s blog topic is: what type of property should I invest in? I am frequently asked this question by investors in the Sarasota, Bradenton and Lakewood Ranch area. The objective is to purchase a property that can be leased quickly for a consistent amount and stay rented for a long time. It’s also important to consider the u...

Sarasota Property Management that Doesn’t Cost You Anything

Scott Corbridge - Tuesday, February 4, 2014
I’m frequently surprised to meet landlords who don’t think they can afford property management services for their rental homes, or they think they will be able to save money by doing it themselves. I have found that over the years, good and professional property management done correctly can actually save you money and end up...

Increasing Your Rate of Return on Your Sarasota Rental Home

Scott Corbridge - Wednesday, January 29, 2014
In order to maximize the rate of return on your rental property, you basically have to get as much rent as you can while managing and reducing your expenses. It sounds simple, doesn’t it? It’s not rocket science, but it’s not as simplistic as it sounds either. There are many factors involved, the most important being: ...

How to Have Someone Else Pay for your Retirement Home in Sarasota

Scott Corbridge - Wednesday, January 22, 2014
A wise real estate investor once told me that you cannot overpay for a rental property that will pay itself off in 20 years. The point is, you can buy a property now, with just a down payment, and have a tenant pay off your mortgage while you keep your own money along the way. It doesn’t really matter if you buy low or you buy high...

Reducing Risk in your Sarasota Rental Home

Scott Corbridge - Wednesday, January 15, 2014
Owning rental property involves risk. If it didn’t, then everyone would do it because it’s a great investment strategy. To be a successful landlord, you have to mitigate that risk. Three of the primary areas of risk are legal risk, property damage and financial risk. tenant screening and background check. All good landlords d...

The Biggest Cash Flow Killer in Owning Rental Property

Scott Corbridge - Sunday, October 6, 2013
Property Management Blog
This is a business right? I mean what is the purpose of owning rental property? Is it the same as running a business? Are you providing housing for others or are you maximizing your return on investment?      Charity is good and if that is your motivation for owning property, then bless you! However, in my experience the ...

Hurricane Preparation Tips for Sarasota Landlords

Scott Corbridge - Thursday, May 9, 2013
One thing we have to deal with every year in Florida is the potential for hurricanes to come by. Each year, we are affected by them to one degree or another. We have had some years that included a lot of wind damage, leaving trees blown over and property damage. Other years have just included a lot of rain, which created water damage and...

How Your Vacancy Rate Can Affect Your Profitability as a Sarasota Landlord

Scott Corbridge - Thursday, May 2, 2013
In Sarasota, Bradenton and Manatee Counties, one of the most critical things for you as a landlord is to lower your vacancy rate. However, you do not want to rent your home so quickly that you end up renting to the wrong person. This could also create a loss in cash flow because you might have to evict that tenant later down the road, or...

How Property Managers Minimize the Risk of Tenant Damage: Sarasota Management Advice

Scott Corbridge - Thursday, April 25, 2013
Tenant damage is one of the biggest causes of negative cash flow for property owners. When you rent out your property, make sure you get a sufficient security deposit to cover any potential damage. It is also important to document the condition of the property so you can prove the damage that the tenants may have causes. We advocate the ...

Sarasota Property Management How To: Get a Solid Lease Agreement When You Rent Out Your House

Scott Corbridge - Tuesday, April 9, 2013
Today we are talking about how to get a solid lease agreement in place when you rent your home. I cannot stress how important it is to use a top quality lease that is written by an attorney. A lot of people try to write their own leases, or buy one from the local office supply store, but the key to a good lease is to have as much control...

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