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<p><img alt="" src="//cms.eatonrealty.com/sites/default/files/images/article/2023/06/rental-walkthrough-checklist.jpg" style="width:100%;height:auto;" /></p>
<p>One of the challenges of owning rental property is dealing with damage to the unit. While some wear and tear is normal and expected, many landlords have been burned by tenants causing substantial damage. While you can recoup your losses by retaining all or a portion of your tenant’s <a href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099/0083/Sections/0083.49.html">security deposit</a>, it’s important to have proof that the damage was caused by your tenant.</p>
<p>The best way to protect yourself as a landlord is by doing a comprehensive rental walkthrough at the start of the lease, when your tenant takes possession, and again when they vacate the property. The walkthrough should include a checklist to note any issues with any major area of the property, from flooring to appliances to outdoor spaces. When it’s time for your tenants to move out, if there is any damage that wasn’t there when they moved in, you may be able to retain their security deposit to pay for repairs.</p>
<p>Based in Lithia, Florida, Eaton Realty works with <a href="/tampa-property-management">investors</a> and landlords to help them find, <a href="/buy">buy</a>, and manage rental properties. Whether you’re new to property investment or an experienced landlord, we can help you with all aspects of the process, from choosing the perfect rental property to <a href="/tampa-property-management">managing the property</a> for you. Reach out to talk to a member of our team about being a landlord in Hillsborough County, Florida.</p>
<h2>When Should You Do a Rental Walkthrough with Your Tenants?</h2>
<p>The purpose of a walk-through - or a move-in/move-out inspection - is to check the condition of a rental property. This should ideally be done two times: when a tenant first moves into a rental property and when they vacate the property.</p>
<p>During the initial walkthrough, a tenant (with or without the landlord or property manager) goes through the property to check for damages. Like a rental car inspection, this process protects the tenant as well as the landlord. It’s in the tenant’s best interest to do a complete inspection so that they don’t get charged for any pre-existing issues, like a dent in the floor that was there before they moved into the property.</p>
<p>If a landlord or property manager doesn’t accompany a tenant on their initial walkthrough, they should perform a separate inspection before the tenant arrives. The landlord can then make any necessary repairs before the tenant moves in. They will also have their independent record of the property's condition at this time. Property managers may also take pictures or videos to serve as additional proof of the unit’s condition.</p>
<p>Before a tenant vacates the property, the second walk-through should occur. Typically, a landlord or property manager will schedule this inspection to do with the tenant, although they could each do a walk-through separately. This inspection will check for any damage (beyond normal wear and tear) that the tenant may have caused.</p>
<p>If the tenant caused damage to the property, then the landlord may keep all or part of their security deposit to pay for it. Florida law imposes a strict deadline for either deducting or returning a security deposit. If the landlord doesn’t intend to make a claim on the security deposit, then they must return it within 15 days.</p>
<p>Otherwise, the landlord must provide <a href="https://www-media.floridabar.org/uploads/2018/08/form-12.pdf">written notice</a> within 30 days that a claim is being made on the deposit and the reason for imposing the claim. If a landlord does not make a claim on the security deposit within 30 days, they <a href="http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099/0083/0083.html">forfeit</a> the right to do so. For this reason, landlords or property managers should do a walk-through inspection of the rental unit as soon as possible after the tenant vacates the property.</p>
<p>A checklist should be used for each of the walkthroughs of the rental. As discussed in greater detail below, the checklist should include the unit's major components. The same checklist should be used at move-out so that it is easy to see what damage occurred during the tenancy.</p>
<h2>What Should You Check for During a Rental Walkthrough?</h2>
<p>A rental walkthrough should involve more than simply walking into a property, taking a quick look around, and deciding that everything looks OK. You should check for certain things in each room, such as:</p>
<table border="1" cellpadding="1" cellspacing="1" class="table-style-list" style="width: 500px;">
<tbody>
<tr>
<td>
<ul>
<li>Walls</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Flooring</li>
</ul>
</td>
</tr>
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<td>
<ul>
<li>Ceiling</li>
</ul>
</td>
</tr>
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<td>
<ul>
<li>Doors</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Closets</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Appliances</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Countertops</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Cabinets and drawers</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Sinks</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Toilets</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Light fixtures</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Outlets and switches</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Windows, screens, and window frames</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Lightbulbs</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p>Small imperfections may not need to be fixed, but they should be noted during the initial inspection to ensure that your tenant isn’t held accountable for damage they did not cause.</p>
<p>The walkthrough should also check for safety issues. You should ensure fire extinguishers have not expired and the smoke alarms and carbon monoxide detectors have batteries. Look for other unsafe things, like a loose railing on the stairs. Make repairs to reduce the likelihood of someone getting hurt.</p>
<p>A walkthrough should include less obvious things, like whether the plumbing is in good working order. Turn faucets off and on to ensure they work and that there aren’t any drips under the sink or cracks in the tub. You should also do a quick check to make sure that the appliances are in working order.</p>
<p>Don’t forget to open cabinets, cupboards, and closets during a walkthrough. The pulls and handles should be firmly attached, and the hinges should work correctly. You can also check to ensure these spaces are empty and remove anything that might have been left behind.</p>
<p>Finally, check out anything unique about the rental property - like a pool, balcony, or patio. Check for any apparent damage or safety issues, and make any necessary repairs.</p>
<h2>Rental Walkthrough Checklist</h2>
<p>A checklist should be as comprehensive as possible, covering every aspect of your property. It’s OK if it’s overly broad - such as listing 3 bedrooms when the unit only has 2 - as you can cross off anything that isn’t applicable. The most important thing is that the checklist includes every room or area of the home.</p>
<p>Below, we have compiled a sample rental walkthrough checklist that can be downloaded and adapted for your rental properties. The checklist can have additional items to check, such as the refrigerator or stove in the kitchen or the bathtub in the bathroom. The general format provides a template that is helpful for almost any type of rental property.</p>
<table border="1" cellpadding="1" cellspacing="1" class="table-bg-blue" style="width: 500px;">
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<td><a href="//cms.eatonrealty.com/sites/default/files/docs/page/2023/06/rentalwalkthroughchecklist_0.pdf">Download your free rental walkthrough&nbsp;checklist</a></td>
</tr>
</tbody>
</table>
<p>Many landlords use abbreviations for their rental checklist to make it easy for their tenants to complete it. For example, you might have the following key at the top of the checklist:</p>
<table border="1" cellpadding="1" cellspacing="1" class="table-style-list" style="width: 500px;">
<tbody>
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<td>
<ul>
<li><strong>NC:</strong> Needs to Be Cleaned</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li><strong>NP:</strong> Needs to Be Painted</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li><strong>NR:</strong> Needs to Be Repaired</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li><strong>RP:</strong> Replace</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p>Your tenant can then put specific details in the notes section, such as “hole in living room wall needs to be repaired” or “closet door in the bedroom is off track.”</p>
<p>At the end of the checklist, you should have a space for your tenant to sign and date at move-in and move-out, along with a spot for you or your agent to do the same. A signature can eliminate or reduce the possibility that a tenant will try to claim that they didn’t fill out the form. If a tenant disputes a claim on the security deposit, having the completed rental checklist will be good evidence.</p>
<p>This process can be tedious and involves a lot of paperwork and attention to detail. An experienced property manager can develop a walkthrough checklist for you that is customized for your properties. They can also handle the move-in and move-out inspection, repairs, and security deposit claims.</p>
<h2>How Eaton Realty Can Help</h2>
<p>Owning rental properties can be a great way to secure your financial future. Yet being a landlord is a lot of work, from finding great tenants to conducting move-in and move-out inspections. A seasoned property manager can take on these duties for you to allow you to earn a truly passive income.</p>
<p>Eaton Realty provides real estate services throughout Hillsborough County, Florida. We work with buyers, sellers, landlords, and tenants to help them achieve their real estate goals. Our full-service property management ensures that your rental properties are being taken care of properly and in a way that maximizes your profits.</p>
<p>If you’d like to learn more, fill out our <a href="/contact-us">online contact form</a> or give us a call at 813-560-0373 to talk to a team member.</p>


Rental Walkthrough

Comprehensive Rental Walkthrough Checklist For Landlords

<p><img alt="" src="//cms.eatonrealty.com/sites/default/files/images/article/2023/05/gated-communities-in-tampa.jpg" style="width:100%;height:auto;" /></p>
<p>There are a lot of good reasons to live in a gated community. While they might not be everyone’s cup of tea, they can be a good option for anyone who values privacy and wants the peace of mind that comes with having additional security in their neighborhood.</p>
<p>Whether you want to <a href="/blog/buying/it-cheaper-build-house-or-buy-house-florida">build or buy a home</a> in a Tampa gated community, many options exist. These neighborhoods may feature single-family homes, townhouses, or condominiums. In this post, we’ll round up some of the best gated communities in Tampa if you are considering this type of neighborhood.</p>
<p>At Eaton Realty, we are dedicated to helping our clients find the right home for them. Whether that means finding a low-maintenance condo overlooking old Tampa Bay or a single-family home in a gated community, we will work with you to help you secure the house of your dreams. Reach out today to talk to a team member about starting the search for a home in Hillsborough County, Florida.</p>
<h2>Is a Gated Community Right for You?</h2>
<p>A gated community is exactly what it sounds like: a neighborhood or community set back from the road and surrounded by gates. Depending on the setup, the gate might be guarded by security personnel or unguarded. Residents typically need to enter a code or use a remote control to open the gates if there isn't a security guard.</p>
<p>The first gated communities in the U.S. were built as far back as the <a href="https://www.forbes.com/sites/tanyamohn/2012/07/03/americas-most-exclusive-gated-communities/?sh=70f94e5f6fe0">1850s</a>, although they became more popular in the 1900s. They are most often found in the “Sun Belt” region - including Florida - due to the greater availability of land for development.</p>
<h2>Benefits Of Living In A Gated Community</h2>
<p>There are advantages and disadvantages to living in a gated community. For many people, a top benefit of gated communities is stronger security. Whether you have security guards or not, living in this type of neighborhood means that people who aren’t supposed to be there have a harder time accessing the community.</p>
<p>Controlled access also means that you won’t have to deal with pesky solicitors or door-to-door salespeople. After all, only residents and people approved to visit can gain entry into the neighborhood - so the likelihood of someone knocking on your door to sell you new windows or a magazine subscription is low.</p>
<p>These security measures also mean that there is typically a record of who comes and goes into a gated community. This may be through tracking access codes, keeping records of all visitors, or using security cameras and license plate scanners. If criminal activity does occur in a gated community, this can make it easier to find the perpetrators. However, <a href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&amp;URL=0700-0799/0720/Sections/0720.303.html">Florida law</a> specifies that homeowners cannot access visitor logs.</p>
<p>Gated communities also offer the benefit of exclusivity. However, it is important to note that while gated communities are often associated with the wealthy, these neighborhoods exist at many price points. This exclusivity can also create a sense of privacy, at least from the “outside world” or anyone who doesn’t live in your neighborhood. It may also contribute to a quieter atmosphere, as you won’t see much traffic beyond residents and their approved visitors.</p>
<p>Gated communities often offer certain amenities, such as swimming pools, clubhouses, fitness centers, and even golf courses. Some cater to certain populations, such as people 55+ or <a href="/blog/buying/best-neighborhoods-tampa-retirees">retirees</a>. This can make it easier to find a community within your neighborhood.</p>
<h2>Downsides To Living In A Gated Community</h2>
<p>Of course, there are drawbacks to living in a gated community. First, there is the cost. While gated communities are not just for the rich, these homes typically cost more than houses in other developments. In addition, you will usually have higher homeowner’s association (HOA) fees in a gated community and potentially higher property taxes.</p>
<p>If a community is private, whereby the public is not allowed to drive beyond the gates without permission, the roadways in the community are also considered private. The city or county will not maintain private roads, so HOA fees will be higher to cover the cost of maintaining the gate and repaving the streets.</p>
<p>For some people, the added security of a gated community simply isn’t worth the trade-offs - like strict rules about what you can do with and on your own property. Security measures like tracking license plates and keeping visitor logs may make you feel safer - or they make you feel like you have no privacy and are constantly being monitored.</p>
<p>Some people may also find the controlled access aspect of a gated community annoying. You can’t just have friends over to visit - you have to make sure that they get approved beforehand. The same goes for contractors and others who may need to visit your home to make repairs or deliver something.</p>
<p>Finally, while each gated community is different, some people don’t appreciate the exclusive aspect of these neighborhoods. To them, it might feel snobby or elitist - which is something that they don’t want. They may also want a more diverse neighborhood or closer proximity to amenities.</p>
<p>Gated communities can be great - but they aren’t for everyone. Your realtor can walk you through the pros and cons of <a href="/buy">buying a home</a> in a gated community, and help you find a place that is right for you.</p>
<h2>Top Gated Communities in Tampa</h2>
<p>There are more than 50 gated communities in Tampa that offer great amenities, safety, and fantastic homes. Depending on your needs, you could buy a home in a retirement community, a single-family home neighborhood, or even a townhouse or condo in a gated community. Below, we have outlined some of our favorite gated communities in the area.</p>
<h3>Anand Vihar</h3>
<p><a href="https://anandvihartampa.com/">Anand Vihar</a> - which means “peaceful living” - is a gated retirement community in Wesley Chapel, a suburb of Tampa. This community features both single-family houses as well as townhouses. Amenities include a recreation center, dining hall, fitness center, media room, swimming pool, and more. The median listing price for homes in this community is $395,000, with monthly HOA fees starting at $400.</p>
<h3>Avila</h3>
<p>Located in Northwest Tampa, Avila is an exclusive gated community at the Avila Golf and Country Club, with a golf course designed by Jack Nicklaus. The neighborhood has its own fitness center, playground, and tennis courts. Being a golf community, golf carts are permitted for travel within the neighborhood. The median sale price for these homes is $1,400,000, with HOA fees starting at over $300 per month.</p>
<h3>Cordoba Estates</h3>
<p><a href="https://www.lennar.com/new-homes/florida/tampa-manatee/lutz/cordoba/cordoba-estates">Cordoba Estates</a> is part of the Cordoba master planned community in Lutz, Florida. Spreading over 800 acres, this neighborhood offers single-family homes, a swimming pool, dog park, playground, picnic area, tennis courts, and other amenities. Homes in this gated community have a median listing price of $742,990, with HOA fees of $60 per month.</p>
<h3>Culbreath Isles</h3>
<p>Located in South Tampa, Culbreath Isles is considered one of Tampa’s most exclusive gated communities. It was the first gated neighborhood in the city. The single-family houses in this community are set right alongside canals leading to Tampa Bay, close to everything Tampa has to offer. Culbreath Isles is one of the most expensive gated communities in the region, with a median listing price of $3,000,000 and HOA fees of $2,000 per month.</p>
<h3>Grand Hampton</h3>
<p>In New Tampa, <a href="https://www.egrandhampton.com/">Grand Hampton</a> is a great gated community for families. The homes in this neighborhood are affordable, with a median list price of $632,500 and quarterly HOA fees of $500. Grand Hampton has great amenities, including a private spa, multiple clubhouses, sports courts, playgrounds, a pool, and regular community events.</p>
<h3>Highlands of Innisbrook Gate House</h3>
<p>The Highlands of Innisbrook Gate House is located just outside of Tampa in the suburb of Palm Harbor. This community is considered one of the best gated golf communities in the region, with a 72-hole golf course right on the property. There is also a tennis court, racquetball court, fitness center, and recreation center with a pool. These features come at a price, with a median listing price of just under $2,000,000 for a single-family home and HOA fees of around $300 per month.</p>
<h3>Livingston Grove</h3>
<p>Located in Lutz, just north of Tampa, Livingston Grove is a luxury gated community that offers single-family homes with large lots, gourmet kitchens, and smart home features. Livingston Grove does not provide many amenities beyond the community but has multiple lakes, parks, and quiet, tree-lined streets. The median price for these homes is $899,000.</p>
<h3>Lennar WCI Collection at Inlet Shore</h3>
<p><a href="https://www.lennar.com/new-homes/florida/tampa-manatee/tampa/westshore-marina-district/inlet-shore-waterfront">Lennar WCI Collection at Inlet Shore</a> is a master-planned community in the Westmore Marina District of South Tampa. This community offers 3 to 4-story townhomes with a median listing price of $500,000, with HOA fees of just under $500 per month. This community has many amenities, including a community pool, rooftop deck, and views of Tampa Bay. This neighborhood is an affordable choice close to downtown Tampa and St. Petersburg.</p>
<h2>Interested in Buying a Home in a Tampa Gated Community? Give Us a Call.</h2>
<p>While gated communities aren’t for everyone, they are popular for a reason. Hillsborough County has gated communities to fit almost every lifestyle and budget. Whether you want a 55+ community or a family-friendly neighborhood, we can help you find it.</p>
<p>The <a href="/city/tampa">Tampa realtors</a> at Eaton Realty represent buyers looking for townhomes, condos, single-family homes, and investment properties throughout the greater Tampa region. With more than 20 years of experience in the region - and nearly 50 years of experience in the construction and real estate field - we have the knowledge and skills to guide our clients through the home-buying process. If you’d like to learn more, fill out our online <a href="/contact-us">contact form</a> or give us a call at 813-672-8022 to talk to a member of our real estate team.</p>


Tampa Gated Community

The Best Gated Communities in Tampa

<p><img src="//cms.eatonrealty.com/sites/default/files/images/article/2023/05/manage-your-own-rental-properties.jpg" style="width:100%;height:auto;"/></p>
<p>If you are considering getting into property investing, you may be toying with the idea of managing your properties yourself. While this is doable, you should go in with your eyes wide open about what it entails. Managing rental properties well is a labor-intensive undertaking, with the potential for steep costs if you make an error in judgment.</p>
<p>Property management involves getting the unit ready to rent, marketing it, screening tenants, and preparing and signing a lease. You must also comply with all local and state laws, such as getting a business license for short-term rentals. In addition, you will have to deal with maintenance requests, ongoing repairs, HOA compliance and violation remediation, tenant complaints, evictions, and finding new tenants when one leaves. For many property investors, working with a <a href="/tampa-property-management">property management company</a> is a cost-effective alternative to the do-it-yourself option.</p>
<p>Eaton Realty works with investors throughout Hillsborough County, Florida, to help them manage their rental properties. We make the property management process as simple as possible, with systems in place to prep your units for rental, market it, deal with any issues that may arise using smart tech solutions, and more. Reach out today to learn more about our property management services.</p>
<h2>How to Manage Your Rental Properties</h2>
<p>There are several steps involved in property management. If you already have one or more rental properties, congratulations! Acquiring the property is a huge step and a great way to build wealth. Now comes the hard part: managing your property.</p>
<h3>Legally Protect Yourself</h3>
<p>As an initial matter, you must ensure you have all of the legalities in place. The steps you need to take will vary based on where the property is located, whether you plan to rent it short-term or long-term, and to commercial or residential tenants. You will need to research both local ordinances and state laws and regulations to ensure that you have the appropriate licenses and permits. You should also secure landlord insurance that specifically provides property protection and tenant liability protection.</p>
<h3>Get The Property Ready To Rent</h3>
<p>Next, you will need to get the property ready to rent. What this means can vary significantly based on the unit in question. If your rental is located in a high-end area of Tampa, for example, you may need to do some upgrades to ensure that you meet prospective tenants' expectations. Doing some market research can help you understand what should be done to improve your chances of finding a great tenant. At a minimum, most landlords like to paint their units to make them bright and fresh. You can also work on curb appeal, adding landscaping or other improvements to the exterior.</p>
<p>You should find and hire a reputable cleaning service to make sure that the property is as clean as possible. You may also hire a contractor to make necessary repairs, replace locks, and make other improvements.</p>
<h3>Stage The Property &amp; Take Listing Photos</h3>
<p>Depending on your budget, you may even <a href="/blog/property-management/staging-rental-how-rent-your-home-more">stage the rental</a>. This can be done by a staging company or even through virtual staging. At this point, you should find a photographer to take pictures of the property for marketing purposes.</p>
<p>Having great photos that show off your rental is essential when it comes time to list your property. You’ll also need a good description highlighting your home's best features. You can then post the photos and description on various <a href="/blog/property-management/top-websites-list-your-rental-property">rental property websites</a>. Depending on the number of hits you’re getting, you may need to pay extra to advertise your property with premium placement.</p>
<h3>Show The Property &amp; Screen Potential Tenants</h3>
<p>Hopefully, you will start getting calls and emails about your rental property. Set up appointments to meet prospective tenants and show the property. If they are interested, you will need to screen them before deciding whether to rent them. Screening tenants can be a time-intensive process. You should start by setting some standards. Think about what tenant you’d like to have and anything you don’t want to happen on your property (like smoking). Next, you should:</p>
<table border="1" cellpadding="1" cellspacing="1" style="width: 500px;" class="table-style-list">
<tbody>
<tr>
<td>
<ul>
<li>Create an application that includes all the details you want to know (keeping in mind that some questions may be illegal!)</li>
</ul>
</td>
</tr>
<tr>
<td>
<ul>
<li>Run a background and credit check. A background check may include everything from looking up court records to checking employment history to doing a criminal records check.</li>
</ul>
</td>
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<tr>
<td>
<ul>
<li>Check references. Remember that when you’re talking to a prospective tenant’s current landlord, they may be motivated to fib just to get rid of a problem tenant. You’ll need to think carefully about what each reference says about the tenant and compare it with the information you learned in the background and credit checks.</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p>Hopefully, you will have more than one application from prospective tenants for each unit. At this point, you may choose to schedule interviews to narrow down the field and decide who to choose.</p>
<h3>Draft A Lease Agreement &amp; Get It Signed</h3>
<p>Next, you will need to have the tenant sign a lease. If you don’t have one, you should work with a lawyer to draft one. An attorney familiar with landlord-tenant law will ensure that the lease terms are valid and that you are protected. At a minimum, the lease should include the names of all tenants, occupancy limits, terms of the tenancy, rental amount and when it is due, any deposits and fees, responsibility for repairs and maintenance, restrictions on illegal activity, whether pets are allowed, your right to enter the property, and any other restrictions or limits you want.</p>
<h3>Provide Ongoing Support &amp; Maintenance</h3>
<p>Once your tenants have moved into the property, you will be responsible for ongoing repairs and maintenance. Your tenants may call you in the middle of the night to tell you that a pipe has burst or the refrigerator has died. You will need a plan for how to manage repairs, whether you are handy and will fix things yourself or you will have a list of contractors you can call to handle these issues.</p>
<p>Your tenants may also have other complaints to address. For example, they may be upset about a noisy neighbor or ask you if they can have an exception to your no-pets policy. You will be responsible for figuring out how to handle each of these complaints or requests promptly.</p>
<p>You will also have to collect rent from your tenants. If they don’t pay, you will need a system to provide them with a written notice to cure. If you need to evict your tenants for non-payment of rent or a lease violation, hire an attorney to handle that process or learn how to represent yourself.</p>
<p>Once a tenant moves out or is evicted, it’s time to start the process from scratch. Ideally, you’ll keep your rental properties occupied most of the time to limit carrying costs and maximize profits.</p>
<h2>Is Managing Your Own Rentals a Good Idea?</h2>
<p>The idea of managing your own rental properties may be incredibly appealing. After all, if you manage your properties on your own, you’ll have full control over every aspect, from marketing to tenant screening to performing maintenance and repairs. It can also mean saving money on property management fees and ensuring that your property is cared for in the way that you want it to be.</p>
<p>Of course, having complete control over your rental properties also means that you have all of the burdens that come with property management. Consider the issue of property maintenance and repairs. Problems like a broken hot water tank don’t just happen when it’s convenient. If you manage your own rental properties, you’ll likely be getting calls at work, evenings, weekends, or even while on vacation. Whether you’re retired or unemployed, handling this aspect of property management can be incredibly challenging.</p>
<p>If you have multiple rental properties, keeping track of and prioritizing requests and <a href="/blog/property-management/7-most-common-tenant-complaints-and-how-handle-them">complaints from tenants</a> can also be challenging. Not having a system to stay organized can lead to unaddressed issues, which may ultimately lead to unhappy tenants - and even lawsuits. After all, landlords in Florida have certain <a href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&amp;URL=0000-0099/0083/0083.html">obligations</a>, and a failure to perform can lead to legal liability.</p>
<p>It can also be difficult to <a href="/blog/property-management/31-tenant-screening-questions-ask-new-renters">screen tenants</a> properly and in accordance with Florida and federal law. For example, did you know that under the Fair Credit Reporting Act (<a href="https://www.ftc.gov/legal-library/browse/statutes/fair-credit-reporting-act">FCRA</a>), you must get a tenant’s written consent before running a credit check? You also must comply with various anti-discrimination laws to avoid the potential for legal liability.</p>
<p>Unless you’re experienced with tenant screening, it can be hard to spot good tenants - those who will pay their rent on time, be respectful of your property, and won’t bother other tenants or create problems. Property managers not only have an eye for spotting good potential renters but a process for performing a thorough background check. This may include a credit check, employment history, eviction records, court records, criminal history, reference checks, and more.</p>
<p>Once your property is rented, a property manager will deal with mundane issues like rent collection and maintenance requests. They can also handle things like <a href="/blog/property-management/free-florida-eviction-notice-templates">evictions</a>, which must follow a strict procedure under Florida law. Many landlords simply don’t have the time to learn how to do evictions properly, let alone ensure they do each step right so that a tenant can’t challenge the eviction.</p>
<p>Ultimately, it is possible to manage your rental properties on your own - especially if you have a lot of time and experience in the field. However, making mistakes when managing your rental properties can be incredibly costly, whether you are losing money due to choosing a bad tenant or getting hit with a massive fine for something like housing discrimination.</p>
<p>A skilled property manager can help you avoid these unnecessary costs. They also typically have software and other technology to handle things like collecting rent and receiving and responding to maintenance requests. Automating the process this way can reduce the likelihood of making a mistake or overlooking something.</p>
<p>A property management firm will charge you a fee to handle your rental properties. This fee is typically money well spent, as it allows you to focus on your own work, other investments, and even leisure activities. After all, if time is money, then investing some funds towards property management is a smart business decision. It can allow you to minimize operational costs, reduce stress, and maximize your own time and profits.</p>
<h2>How Eaton Realty Can Help</h2>
<p>Being a landlord can be a great way to earn passive income. However, dealing with tenants can be a source of frustration and stress. A Hillsborough County property management company can help you avoid issues like lost rent, property damage, and wasted time by properly screening tenants, handling maintenance issues, and going through the eviction process for you.</p>
<p>Based in Lithia, Florida, Eaton Realty works with landlords and investors throughout the greater Tampa-St. Petersburg region. We have decades of experience in the real estate market, including property management. Our team will help you minimize stress and maximize profits for your rental properties.</p>
<p>To learn more about our services, fill out our <a href="/contact-us">online contact form</a> or call our office at 813-672-8022.</p>


Showing A Rental Property

How To Manage Your Own Rental Properties (And Why You Shouldn’t)

<p><img src="//cms.eatonrealty.com/sites/default/files/images/article/2023/05/tampa-neighborhoods-for-retirees.jpg" style="width:100%;height:auto;"/></p>
<p>South Florida is a perfect place to retire. With bright, sunny weather throughout most of the year and easy access to the water, Tampa is a desirable option for seniors. There is plenty to do in Tampa, whether you’re into boating, sports, culture, fine dining, or simply enjoying time with friends.</p>
<p>If you have chosen to retire to Florida, the next question is where exactly you will live. While a lot will depend on factors like your budget and what type of house you need (such as a single-story for mobility issues), certain neighborhoods in Tampa seem to attract high numbers of retirees. In this post, we’ll break down some of the top Tampa neighborhoods for retirees, from Bayshore Gardens to Golfview to Ballast Point.</p>
<p>At Eaton Realty, we understand that what you want in a house - and a community - may change throughout various stages in your life. We are committed to helping our clients <a href="/buy">buy a home</a> that is right for them, whether it’s a patio home in a 55+ community, a high-rise condo overlooking Tampa Bay, or a sprawling estate big enough to host several generations. Reach out to our office today to learn how we can make your dreams of retiring in Florida come true.</p>
<h2>Why Retire in Florida?</h2>
<p>Florida is an incredibly popular place for seniors. In fact, certain counties in Florida have some of the highest <a href="https://www.census.gov/library/stories/2022/07/states-median-age-does-not-tell-whole-story.html">median ages</a> in the entire United States. In Hillsborough County, where Tampa is located, <a href="https://www.census.gov/quickfacts/hillsboroughcountyflorida">14.8% of the population is age 65 or older</a>.</p>
<h3>No State Income Tax</h3>
<p>People choose to retire in Florida for a variety of reasons. For many retirees, Florida’s tax system is the main reason they choose to live here. In Florida, there is no state tax on retirement income like Social Security, pension funds, 401(k)s, or IRAs. There is also no state income, inheritance, estate, or gift tax. In other words, when you move to Florida, you (and your heirs) will get to keep more of your money.</p>
<h3>Warm Climate</h3>
<p>Beyond taxes, there are many other reasons to retire in the Sunshine State. The climate is a big motivator for older people who are sick of living in cold climates - and worry about falls on ice and shoveling snow. In Florida, you can enjoy the sunshine and leisure activities like swimming, tennis, golf, and pickleball year-round.</p>
<h3>Plenty To Do</h3>
<p>There is also a lot to do in Florida! If you’re into fishing, it’s easy enough to head to a lake or beach to drop a line. Popular theme parks like Busch Gardens, Legoland, Disney World, and Universal Studios may entice your kids and grandkids to visit. The state also has plenty of ways to stay active with beautiful beaches, parks, and trails.</p>
<p>When you live in Florida, you may never have to take a vacation again, given that our state has so much to see and do. But traveling is also incredibly easy from Florida, whether you fly out from one of the 24 international airports in the state or take a Caribbean cruise from a port in Tampa, Miami, Fort Lauderdale, or Orlando.</p>
<h3>Low Cost Of Living</h3>
<p>The cost of living is low compared to many other states. This can free up space in your budget to engage in travel and leisure activities. Of course, you may spend most of your time in your own neighborhood, as Florida is well-known for 55 and older communities and master-planned communities with luxury amenities.</p>
<h3>Top-Notch Healthcare</h3>
<p>Finally, Florida has an excellent healthcare system with outstanding doctors. Many of us require more medical care as we get older. Knowing you can access world-class doctors and other healthcare professionals at places like Tampa General Hospital can give you incredible peace of mind.</p>
<h2>Best Tampa Neighborhoods for Retirees</h2>
<p>The third largest city in Florida, Tampa is a great choice for retiring in Florida. It has a relatively low cost of living, and offers easy access to beaches, parks, and more.</p>
<p>Of course, Tampa is a big city - and is surrounded by suburbs. So which Tampa neighborhoods are best for retirees? Our top picks are listed below.</p>
<h3>Beach Park</h3>
<p>Located just 10 minutes from Tampa International Airport, Beach Park is a top neighborhood for retirees. The median home price in this neighborhood is higher at $740,000, but still very affordable compared to many other cities. Beach Park offers views of Old Tampa Bay and access to the marina.</p>
<p>In this neighborhood, you can purchase a large luxury estate, a condominium, or a townhouse. Beyond boating on Tampa Bay, there are other great outdoor activities like walking in Swann Circle Park. It’s also close to a number of healthcare facilities.</p>
<h3>Bayshore Beautiful</h3>
<p>If you’re looking for a suburban feel and spacious properties, Bayshore Beautiful is a great choice. With a median purchase price of $1,200,000 this neighborhood is one of the more expensive areas to live in Tampa. It offers tree-lined streets and stunning views of Hillsborough Bay.</p>
<p>Bayshore Beautiful is popular among retirees, with residents over the age of 55 making up the bulk of this neighborhood’s population. Located in South Tampa, it is close to <a href="/blog/renting/macdill-afb-housing">MacDill Air Force Base</a> (a bonus for veterans) as well as a number of outstanding healthcare facilities.</p>
<h3>Bayshore Gardens</h3>
<p>In South Tampa, Bayshore Gardens is a more affordable alternative for retirees. The median purchase price for a home is $632,500. Many of the properties available are condos with waterfront views. This type of housing is great for seniors who aren’t interested in yardwork or maintaining a home’s exterior.</p>
<p>Bayshore Gardens is a very walkable community. There are several great local parks and you can join the Palma Ceia Golf and Country Club. It’s an easy drive to great attractions like the Tampa Riverwalk and various sporting events in and around Tampa.</p>
<h3>Golfview</h3>
<p>If you spent your working years dreaming of a time when you could golf to your heart’s content, then Golfview might be the best Tampa neighborhood for you. Located in South Tampa, this neighborhood is close to the renowned Palma Ceia Golf &amp; Country Club. As you may expect from a neighborhood named for golf, homes in Golfview tend to be pricey, with a median purchase price of $1,377,500.</p>
<p>South Tampa is a short drive to the Florida coast as well as many other incredible activities. The Henderson Boulevard Shopping Center is perfectly located for all your basic needs, with grocery stores, restaurants, and boutiques.</p>
<h3>Historic Hyde Park North</h3>
<p>If you’re into good food, then Historic Hyde Park North is an excellent place to retire. Located along Bayshore Boulevard, it offers coastal views and some of Tampa’s best restaurants. This neighborhood is part of Tampa’s SoHo (South Howard Avenue) area, where you’ll find some truly outstanding restaurants like internationally-recognized Bern’s Steakhouse.</p>
<p>In this neighborhood, you’ll find single-family homes, condos, townhouses, and senior living options. The median purchase price of a home in Historic Hyde Park is $750,000, which makes it one of the more exclusive neighborhoods in Tampa.</p>
<h3>Sunset Park</h3>
<p>Along Old Tampa Bay, Sunset Park is a quiet residential area complete with tree-lined streets. The majority of residents of this neighborhood own their homes. The median purchase price for a home in Sunset Park is $985,000.</p>
<p>Sunset Park has lots to do, with plentiful restaurants, spas, and shopping experiences. You can also go swimming at the Interbay Pool or stroll through one of the area’s many parks.</p>
<h3>Oakford Park</h3>
<p>Located in Midtown Tampa, Oakford Park is very popular with retirees. It offers single-family homes as well as assisted living facilities. Oakford Park is also affordable, with a median housing purchase price of $543,000.</p>
<p>Oakford Park is home to the MacFarlane Park Trail, where you can ride bikes or go for a walk or a jog. There are great restaurants in the area, as well as access to tons of entertainment options.</p>
<h3>Ballast Point</h3>
<p>In South Tampa, Ballast Point offers quiet streets near the water. This community has gorgeous coastal homes, which sell for a median price of $565,000. While Ballast Point is popular among retirees, it is less densely populated than other areas of Tampa.</p>
<p>One of the best features of Ballast Point is the 600-foot-long Ballast Point Pier - the perfect place to catch a sunrise, go for a walk, fish, or simply enjoy the view. This neighborhood is just 15 minutes from downtown Tampa, so you can enjoy the serenity of being near the water while enjoying easy access to many activities.</p>
<h2>Looking to Retire in Tampa? Give Us a Call.</h2>
<p>Hillsborough County is a great place to call home - especially if you’re retired. From suburbs like FishHawk Ranch to the city of Tampa, there are many outstanding communities in the region. If you’re considering retiring in Tampa, our <a href="/city/tampa">Tampa realtors</a> can help you choose a house that is right for you.</p>
<p>Based in Lithia, the licensed realtors of Eaton Realty work with home buyers and sellers throughout Hillsborough County - including Tampa. One of our top priorities as real estate agents is to truly listen to our clients so that we get a sense of what they need and want out of a home. With your goals in mind, we’ll get to work finding the best house to fit your needs.</p>
<p>If you’d like to learn more about retiring in Tampa, we’re here for you. Give us a call at 813-672-8022 or fill out our <a href="/contact-us">online contact form</a> to talk to a member of our real estate team.</p>


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