Property Management January 18, 2024

Thinking About Turning Your Property Into A Rental?

Over the last year, I’ve transitioned from a sales focus to property management. Actually, that’s how I got my start in real estate. In 2009, I began managing multifamily apartment communities. Some of them had upwards of 300 homes! I’m proud to have been named Property Manager of the Year by WRH Realty and the First Coast Apartment Association. That experience and my time as a licensed real estate agent have led me to a new position. Currently, I’m the Director of Property Management for Coldwell Banker Vanguard. As a property manager with expertise in the real estate market, I understand the financial benefits of owning an investment property.
Have you considered turning your property into a rental?
I encourage people to look at rental opportunities now and into the future. If you’re in a position to invest now or want a rental property to be part of your portfolio down the line, I highly recommend it.
Here are some great reasons to turn a property into a rental:
• (Mostly) passive income
• Property value appreciation
• Tax deductible expenses
• Home prices that rise faster than annual inflation means a hedge against inflation
Homeownership is one of the best ways to build wealth, and a rental property can add a significant source of supplemental income. It’s a smart investment strategy, and I can help guide you!
Here are some things to think about:
• Will you buy or finance?
• What’s the long-term outlook for the location?
• What is your budget for upkeep, maintenance, or emergencies?
• Do you know the requirements for lease renewal and evictions?
I can help you with these questions and more! Together, we can find opportunities and make the most of your rental property.
Are you ready to take the first step toward rental property ownership? What questions can I answer about getting the process started?
My mission is to protect my customer’s interests and limit their liability while providing exceptional service, dependable local community knowledge, superior guidance, and creating a less-stress and enjoyable real estate experience. The Advocate You Need, The Results You Deserve-Privately Owned, Professionally Managed!Shelley Farmer Coldwell Banker Vanguard Realty Northeast Florida Property Manager For Rent Rental Properties