Property Management Blog

Rent-to-Own Homes: A Path to Homeownership in Jacksonville, FL

For many, owning a home can feel out of reach due to financial obstacles like high down payments or low credit scores. However, a rent-to-own home offers a unique solution for those looking to make the transition from renting to owning.Our team at PMI River City understands that ...

Signs You Need to Hire a Property Management Company in Jacksonville, FL

According to the Pew Research Center, most rental properties (70%) are owned by individuals. If you're a new property investor, congratulations! Unfortunately, rental property management can become stressful if you're operating alone.Instead of working solo, consider rely...

Jacksonville Accidental Landlord Tips

Individual investors now own over 70% of US rental properties (financial guidance site Bankrate). Have you enjoyed this group of real estate investors? Don't make the same mistakes that cost other Jacksonville accidental landlords revenue.Instead, use these property mana...

Understanding Mortgage Rates: Navigating the World of Home Financing

Are you ready to dive into the world of home financing, but feel unsure about where to start with mortgage rates? Understanding how home loan rates work is key to getting the best deal. If you're a first-time homebuyer, or simply looking for a low-interest mortgage, having th...

Open House Success: Tips for Hosting a Memorable Property Showing in Jacksonville, FL

With beach access and city amenities, Jacksonville, Florida is an appealing place to own property. But don't count on location alone to draw potential buyers to your next open house. You'll need an effective strategy to market your property and attract attention.Read on t...

4 Crucial Home Buying Tips You Need to Know

While the median sales price of a Florida home has gone up in 2024, so has the number of active listings on the market. There are more sellers on the market, which means more opportunities to purchase your dream home in Jacksonville.Not every real estate investor has tons of expe...

5 Proven Real Estate Investing Strategies in Jacksonville

From 2022 to 2023, the population of Jacksonville, Florida grew by 14,066 people. This is the fourth-largest gain by any city across the United States.Many people cite moving to Jacksonville for job opportunities, tax benefits, and year-round nice weather.As a potential investor,...

Effortless Turnkey Property Management Solutions in Jacksonville, FL

In recent times, demand for rental properties has increased, and supply hasn't kept up. The result is a higher median monthly rental amount for Florida properties, reaching $1,545 in December 2023.While this is great news for landlords, managing rental properties is not easy....

Top 5 Strategies to Streamline Your Lease Renewal Process in Jacksonville, FL

Only 52% of renters renewed their leases last year, showing that landlords must discover new ways to retain tenants.Understanding the different strategies is essential for protecting your investment and slashing vacancy rates. But if you're struggling in this area, it can be ...

Debunking Rental Valuation Myths in Jacksonville Property Pricing

A rental valuation can sometimes feel like a complicated science. One extra dollar on the rent is enough to make people walk backward out the door, especially in a competitive real estate market in Jacksonville, Florida.That's why you need to know the rules about getting it r...