If you own a property in the bustling city of Orlando, you may be considering renting it out. It can be an excellent way to make some extra income or even a full-time job if you manage multiple properties. But before you start advertising your rental on sites like Craigslist or Zillow, there are some important things to know about rental management in the area.
First and foremost, it’s important that your property is properly maintained and up to code with local laws. This includes making sure all safety features such as smoke detectors and fire extinguishers are up-to-date, as well as any other necessary maintenance required by law.
Another key factor when renting out your property is finding reliable tenants who will pay rent on time each month. This can be done through background checks and credit reports of potential tenants prior to signing any lease agreements. You should also make sure that rent payments are made via direct deposits or automatic withdrawal from their bank account each month for added convenience for both parties involved.