Top City Searches in Florida
Florida: The Sunshine State
With a population of 21,570,527 residents, Florida is the third-most populous state in the United States. While its capital city is Tallahassee, Jacksonville remains the largest by population. Florida is known for many things, chief among them being its comfortable climate, gorgeous beaches, and high concentration of amusement parks. It's no wonder the Sunshine State attracts millions of tourists each year.
Colleges and universities located in Florida include the University of Miami
, the University of Central Florida
, Florida International University
, the University of Florida
, and the University of South Florida
. Sports also play a major role in the culture of Florida, with three NFL teams, two NBA teams, two MLB teams, two MLS teams, and two NHL teams calling it home.
Aside from its beaches and amusement parks, Florida is also known for its art scene. There are many museums in the state, such as the Dali Museum
, the John and Mable Ringling Museum of Art
, the Bass Museum of Art
, and the Vizcaya Museum and Gardens
. Florida also houses several performing arts companies like the Orlando Ballet
and the Florida Grand Opera
Other attractions in Florida include Walt Disney World
, Universal Orlando
, SeaWorld Orlando
, Miami Beach, the Kennedy Space Center
, Lake Okeechobee, Everglades National Park
, Busch Gardens Tampa
, Biscayne National Park
, and the Hemingway Home and Museum
Examining Florida's Rental Market
The real estate market in Florida is experiencing a boom, especially in the South Florida area. Prices are soaring and many new residents have turned to rent as an alternative. In fact, about a third of the state's population are renters. With such a sizable renter pool, Florida is certainly an attractive market for rental property investors.
Image via towncharts.com
Another thing that makes Florida's rental market appealing is its high rental rate. In 2019, the median rent in the Sunshine State was $$1,238. This is significantly higher than the national median rent at the time, which was $1,097. Moreover, rent in Florida has been increasing since 2012.
Image via deptofnumbers.com
Finally, Florida's landlord-tenant laws are not very comprehensive, making it a favorable environment for landlords. The state prohibits rent control, does not restrict late fees, and boasts a property tax rate below the national average.
When to Hire a Florida Property Management Company
A property management company can assist landlords with many things. This includes finding and screening tenants, setting and collecting rent, performing inspections, conducting maintenance and repairs, enforcing the lease agreement, and fielding tenant calls. A management company can also help landlords prepare their taxes, manage their rental property's budget, and process evictions when necessary.
How do you know it's time to hire a Florida rental management company?
- You own too many rental properties that it can be hard to juggle them all at once.
- You live far from your rental property or properties.
- Work, family, and other personal responsibilities are already taking too much of your time.
- You lack the skills or experience required to successfully manage your rental home or unit.
- You hold no interest in hands-on property management.
Need Help With Property Management in Florida?
Do you own a home in Florida and are you looking for someone to take care of your tenant's issues and your home's shortcomings? If so, Rental Choice is the best place to find that someone. Our online directory
will help you find a property management company that is right for you. Our list of Florida property management companies will keep you searching until you find the perfect company that meets your needs.