Orlando Property Management Blog


A Shift From Home Ownership to Renting

Kathy Weaver - Sunday, January 10, 2016

Recently, USA Today reported there is a national shift from home ownership to renting. Rents are rising at a rate that, unfortunately, may not allow potential homebuyers to save for the necessary down payment and fees associated with purchasing a home.

In surveying some of my residents, I found that they loved the carefree lifestyle, amenities of a community they are not responsible for, no taxes, insurance or HOA fees and the ability to move at the end of the lease for various reasons. I also found that, another group considers renting to be long term for them because they would not qualify for a loan and interest rate necessary to become homeowners. So, they also are becoming long term residents - renewing over and over again. And, historical perspective shows long term residents are quite profitable to an investor/landlord = no vacancy loss.

Investors - now is the time to consider securing your first residential rental asset or add to the inventory you already have.

I invite you to pick up the phone or email me should you like to discuss purchasing a rental asset.

Thank You Clients!

Kathy Weaver - Monday, November 23, 2015

McGrath Management, Inc. extends a heartfelt thank you to all our clients, past and present, during this time of reflection. Our sincere wishes for a memorable holiday with those you care for the most.

And, let us not forget to give thanks to those men and women who are in the military near and far.

Annual Fall Maintenance

Kathy Weaver - Monday, October 26, 2015
Now that fall is upon us and the rainy weather has subsided, proactive property managers are speaking to landlords (owners) about annual maintenance items.

Two safety issues:  Dirty fireplaces and dryer ducts packed w/debris/lint.  Now is the time to authorize your property manager to have both cleaned to eliminate the possibility of the liability of a fire.....

Another maintenance item that sometimes gets deferred is having the fascia, soffits, roofs, driveways and, sometimes, the exterior of the home professionally steamed clean.  Mold and mildew will cause permanent staining if not done on a regular basis. And, you won't be getting one of "those notices" from your HOA!!

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McGrath Management, Inc
5415 Lake Howell Rd., Suite 191
Winter Park, FL 32792

Phone: 407.701.1229

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