Property Management Fort Myers Experts Gulf Waters Help Buyers Determine if a Property is Rentable
By following these helpful tips, new buyers looking to purchase properties to rent in southwest Florida can ensure that their choice is one that will offer them the best return on their investment
Los Angeles, CA -- Gulf Waters Realty and Rentals, property management Fort Myers specialists, offers tips to those looking to purchase southwest Florida and Fort Myers rental properties to ensure a good return on their investment.
According to (do you want to use a specific person here?), " Each month we owners ask us to rent out their properties, and every now and then we have to turn them down for any one of a number of reasons. But there are two main reasons to pay special attention to: the wrong community and the wrong rental."
To assist prospective new buyers who are looking to purchase rental property, Gulf Waters Realty and Rentals has assembled the following tips to determine if a new property is rentable:
* Choose a Respected Realtor Who Knows the Rental Market: Unfortunately, some realtors are only looking to close the deal and don't necessarily help the owner make an appropriate choice that will benefit him or her after the property has closed. For those looking to purchase a property specifically as a rental, Gulf Waters recommends choosing a realtor with specific knowledge of the rental needs and market in the area.
* Carefully Consider HOAs and Condo Associations: The multitude of properties that Gulf Waters is offered to manage are in communities with an HOA or condo association. Be sure to research how long the organizations take to run background checks on prospective tenants. Though they have the ability to run the checks in less than a day, some ask for up to a week or even a month to complete these checks. This leads to more time a property sits vacant until the paperwork is completed and less rentals each year as a result.
* Know What Makes a Great Rental Property for the Area: Specific floor plans, number of bedrooms, and room sizes make a property more rentable. Many older homes are marketed as highly rentable with just a little TLC, but do not meet the needs that modern families are looking for. Questions to ask include: are the bedrooms large enough to accommodate king and queen sized beds? Does oversized furniture fit in the small rooms? Is landscaping overgrown to make the property seem darker? Answer these questions, and be sure to understand the demographics of the community, sub-division and zip code to ensure that the amenities of the property match what is most likely to be requested.
Gulf Waters Realty and Rentals also recommends speaking to the organization that will be managing the property once it has been purchased. In terms of Fort Myers property management companies, Gulf Waters has unique experience with both Fort Myers realty and property management expertise to help their clients make the best property choices that will save them thousands of dollars, ensure their property is rentable, and that they get the best return on their investment.
(Name) adds, "It makes sense for investors and even second home and vacation home buyers to talk to us about buying a property, because we are the ones that will manage your investment and remain in close contact with you for years to come."
About Gulf Waters Realty and Rentals:
Gulf Waters Realty and Rentals offers property sales and rentals in Fort Myers, Cape Coral, Bonita Springs and Naples areas of southwest Florida including single family homes, town homes, condos and luxury homes. Gulf Waters has a constant supply of properties for all budgets and provides sales and rentals in Fort Myers and surrounding areas for local, national and international clients on an ongoing basis. For more information, visit http://www.gulfwatersrealty.com.
Gulf Waters Realty and Rentals
Tel: (949) 555-2861
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