Welcome To Wendy Morris Realty Property Management

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:05:00 EST

Welcome to Wendy Morris Realty Property Management.We bring integrity, strength, and performance to property management in the Greater Orlando area and combine it with the latest technology to streamline and optimize the rental and management process

Florida Amendment 5

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:04:29 EST

Florida Amendment 5 ,In 1992 Florida enacted the Save Our Homes Amendment which affects the taxes we all pay on our homes. If you own a home and have claimed Homestead Exemption and plan on buying another home and leasing the one you currently live in you now have 3 years to move your Homestead Exemption to your new home.

How Much Should a Dog Deposit be

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:04:09 EST

HOW MUCH SHOULD A PET DEPOSIT BE? Determining how much should a pet deposit be is not that easy. There are also things you can do which may affect the deposit you pay. I often tell pet lovers to offer a non-refundable pet deposit even if the home says no pets allowed. It rarely works but if the home has remained un-rented for a month or so it may.

What factors are affecting residential rental prices in Florida

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:03:52 EST

What factors are affecting residential rental prices in Florida? Landlords or owners of rental property want to charge as much rent as feasible. This only makes sense but how do you determine what to charge? What might affect pricing in the near future and what is affecting pricing right now?

How to become a landlord.

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:03:41 EST

How to become a landlord is something may should have researched. Pride and thinking you know how to do something potentially complex is a dangerous thing. It may not be intelligence that separates some new from someone successful but most likely it is experience.

Laws Landlords Must Follow

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:03:10 EST

Yes, there are laws landlords must follow and more than just a few of them. Being a landlord can be a very profitable thing but not following the applicable laws and other local constraints can cost you dearly. Here are just a few examples that you should adhere to.

Leasing Your House to Senior Citizens

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:02:55 EST

Senior Citizens love Florida and soon I will also be considered a Senior Citizen. Leasing a home to seniors is a great thing to do as usually they are financially sound and have a stable income. Not to mention Fair Housing Laws keep you from discriminating against them because of age.

Rental Income Is It Taxable

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:02:46 EST

Rental Income Is It Taxable? In a word yes. I will be giving some generic information which is good to know. However, I am not a professional accountant and of course every situation is different. Rest assured that the government absolutely wants every penny it can and should get from taxable income.

Should Rental Properties Have Home Warranties

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:02:35 EST

Should Rental Properties Have Home Warranties? First, for those who are looking to enter the landlord business Home Warranties are separate from Home Owners Insurance. They provide different types of protection (we will cover more on this) and while Home Warranties are optional Home Owners Insurance is not.

Rental Types and Tenant Types in Orlando FL

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:02:22 EST

Nearly every rental type and tenant type can be found in Central FL. By that I mean the type of property to invest in for a rental and the type of tenant that will be paying you money every month. With the exception of gulf front property and ocean front property you can find everything else in the greater Orlando area.

Short Term Rentals vs Leasing Homes For A Profit

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:02:12 EST

When a person in Orlando FL says “short term rentals” they mean homes that rent for 1 to 7 days. Most people in the property management business will use the term lease once a contract exceeds 30 days. Short term rentals are actually restricted in Orange County FL and allowed in very few places within its’ boundaries.

Should You Re-Finance Your Rental Property

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:02:00 EST

Should You Re-Finance Your Rental Property? Whether or not you should re-finance your rental property is a complex decision. Some owners have traditional mortgages where refinancing would be a disaster.

Questions Tenants Frequently Ask

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:01:48 EST

Questions Tenants Frequently Ask Although this list is somewhat generic most questions can be answered by a professional property management company. As a wise person once said, “the only bad question is one you do not ask”.

Top 10 Rental Scams To Avoid

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:01:34 EST

The top 10 rental scams to avoid in no particular order. You could classify the top 10 rental scams by how common or how damaging they can be so I will just list what I consider to be the most important to look out for. A great property management company will be aware of them. Most of the time these scams are perpetrated by what I call “professional tenants” which are tenants who target “For Rent By Owner” landlords.

What is Holdover Tenancy

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:01:19 EST

Holdover tenancy is when a tenant does not move out as scheduled. As a Professional Property Management Company, you eventually see just about everything. Sometimes a tenant breaks the lease and sometimes they stay even though the lease has terminated.

How to Find The Best Tenants Quickly

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:01:07 EST

HOW TO FIND THE BEST TENANTS QUICKLY. When you own a property that you want to lease or have been leasing you want to place the best tenant you can into that property and as quickly as possible. There are certain things you can do as a private landlord leasing your own property but your options are more limited.

Why Cant I find a Decent tenant

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:00:57 EST

Why Can’t I find a Decent tenant? That is a question many landlords ask. Well, that depends on your situation but here are some guidelines to follow to help you find one.

Why use a Property Management Company

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:00:44 EST

There are many reasons to use a Property Management Company. I will address some of them here but trust me there are several great ones that more than outweigh the cost of a great Property Management Company.First a little about why I am a great person to write this. I was not always a licensed Realtor or Licensed Broker Associate. I too was a multiple home owner who handled leases myself to save the money. One of the reasons was I have several very successful Real Estate Brokers in my family.Most of the experiences below were mine and they are absolutely true as written.

Orlando Rental Agent-Agency

info@windermerehomes.net (Wendy Morris) — Tue, 17 Dec 2024 13:00:36 EST

LOOKING FOR A ORLANDO RENTAL AGENT OR AGENCY? If you are searching for a rental agent in Orlando FL then look no further. No matter what your real estate need may be Wendy Wendy Morris Realty has it covered for you. Some people search this term while searching for someone to manage their rental property. Others may be looking to change companies while other may be looking for an agent to help them find an investment property that they can in turn place on the rental market either Airbnb style or for yearly leases.

Abiding By Florida Landlord Tenant laws

Morris Realty — Tue, 17 Dec 2024 13:00:00 EST

Florida Landlord and Tenant Laws are for both the protection of the landlords’ physical property, rights and the tenants’ property and associated rights. Adhering strictly to these laws is a must but they are not grievous.

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