Why is NOW that perfect time to rent your home?
November 21, 2022
Did you know that your real estate can help you retire early? Yes, you read that right.
With the recent shift in the real estate market, increased interest rates, and fewer people with the means or ability to buy, it's no secret there's an enormous need for rental housing in the state of Florida. If you've ever thought of renting your home, now is the time!
Watson Realty Corp. has one of the strongest Property Management operations in the state of Florida and we'd love an opportunity to provide you with information on how we can turn your home into an income-producing asset. Being a housing provider has benefits that far exceed monthly cash flow such as tax advantages, protection against inflation, long-term security, and the ability to leverage funds, to name a few.
Renting your home could be one of the best decisions you ever make!
Please visit our website at www.watsonrent.com or call one of our many locations to speak with a licensed professional about your specific situation, property, and needs.
Navigating Florida’s Hurricane Season: What Renters & Property Owners Need to Know
A Smarter Look at Selling vs. Renting
Lease renewal season
Handling Seasonal Challenges
As Thanksgiving approaches, it’s the perfect time to reflect on what we’re grateful for—like having a safe, comfortable home. At Watson Property Management, we believe one of the best ways to ensure that homes remain comfortable and hassle-free is through proactive, preventative maintenance.
Autum is in full effect, check out these tips
Recently, we reviewed insights from the 2025 Property Management Industry Report on the trends and strategies that third-party property management companies (PMCs) are employing to grow revenue. These trends highlight the variety of approaches PMCs are using, providing a strong contrast to Watson Property Management’s commitment to transparency, cost savings, and quality control. Transparent, Predictable Pricing for Our Clients The report indicates that 33% of PMCs plan to increase client fees over the next two years to bolster revenue. At Watson, we’re proud to say that we have no such plans. Our focus remains on maximizing value for our clients, rather than inflating costs for short-term gains. While many PMCs use an a-la-carte pricing model with potential hidden fees, Watson stands by a transparent, all-inclusive approach with just three consistent fees: Leasing, Monthly, and Renewal. This straightforward structure reflects our dedication to fair, simple pricing that empowers our clients to budget effectively. Significant Savings Through In-House Services The report also revealed that many PMCs add fees on top of all maintenance charges. By contrast, Watson does not add extra fees to maintenance costs, leading to significant savings for our property owners. Additionally, while many PMCs outsource essential services like maintenance, inspections, and even client communication, Watson keeps almost all services in-house (with the exception of application screenings, which are handled by a trusted national provider). This approach offers two major benefits: Enhanced Quality Control : Our in-house model allows us to uphold Watson’s standards of excellence and ensure tasks are completed to our high expectations. Improved Property Knowledge : By directly handling the management of properties, our team gains valuable firsthand knowledge of each property’s condition, allowing us to be more proactive with maintenance needs. A Commitment to Long-Term Value As many PMCs focus on short-term gains through fee increases and additional charges, Watson Property Management remains dedicated to fostering long-term relationships with our clients. Our approach prioritizes value creation and sustainable growth. We know that when our clients succeed, we succeed, which is why we strive to deliver unparalleled service, transparency, and efficiency. Choosing the right property management company is about more than just cost—it’s about finding a partner who shares your goals and values. At Watson Property Management, we’re proud to be that partner, offering comprehensive property management with a commitment to integrity and client satisfaction.
As hurricane season approaches, it's crucial to ensure your property is prepared to withstand the potential impacts of severe weather. At Watson Property Management, we understand the importance of safeguarding your home and protecting your investments. Here are some essential tips to help you prepare your property for hurricane season: Review Your Insurance Coverage Before hurricane season hits, take the time to review your insurance policies. Ensure you have adequate coverage for your property, including flood insurance if you're in a flood-prone area. It's also a good idea to document the condition of your property with photos or videos for potential insurance claims. Secure Outdoor Items Loose items such as patio furniture, grills, and potted plants can become dangerous projectiles during high winds. Secure these items or bring them indoors to prevent damage to your property and neighboring homes. Check Your Gutters and Drains Clear any debris from gutters and drains to ensure proper water flow. Clogged gutters can lead to water damage and increase the risk of flooding. Regular maintenance can help minimize these risks. Trim Trees and Shrubs Overgrown trees and shrubs can pose a significant threat during a hurricane. Trim any branches that are close to your property or power lines to reduce the risk of falling debris causing damage. Reinforce Windows and Doors Consider installing storm shutters or reinforcing your windows and doors with plywood to protect against flying debris. Make sure all doors are securely fastened, and check that your garage door is sturdy enough to withstand strong winds. Prepare an Emergency Kit Having an emergency kit on hand is essential. Include items such as water, non-perishable food, medications, flashlights, batteries, and important documents. Make sure your kit is easily accessible in case you need to evacuate quickly. Develop an Evacuation Plan Create an evacuation plan for your family and communicate it clearly to everyone in your household. Know the evacuation routes in your area and have a plan for where you will go if you need to leave your home. Stay Informed Stay updated on the latest weather forecasts and advisories. Sign up for local alerts and follow trusted news sources to receive real-time information about the hurricane's path and potential impacts. Communicate with Your Property Manager If you're a tenant, keep in touch with your property manager for any specific instructions or updates regarding the property. Your property manager can provide valuable guidance and support during hurricane season. Preparing your property for hurricane season is essential to protect your home and ensure your safety. By taking these proactive steps, you can minimize potential damage and be better prepared for any storms that come your way. At Watson Property Management, we're here to help you navigate hurricane season with confidence. For more tips and support, don't hesitate to reach out to our team. Stay safe and prepared this hurricane season!
Recently, Florida Governor Ron DeSantis signed House Bill 621 (HB 621) into law. This new legislation aims to provide homeowners with effective remedies against squatting and introduce stricter penalties for those involved in such activities. Key Provisions of HB 621 HB 621 empowers property owners by allowing them to request immediate law enforcement intervention to remove squatters from their properties under specific conditions: Unlawful Entry: The individual must have unlawfully entered and remained on the property. Owner's Directive: The property owner must have directed the individual to leave the property, which the individual has not complied with. Exclusion of Tenants: The individual must not be a current or former tenant involved in a legal dispute with the property owner. These measures' goal is to streamline the process for property owners to reclaim their homes, minimizing delays, litigation, and financial losses due to missed rents. Increased Penalties for Squatting In addition to providing remedies for property owners, HB 621 also establishes stringent penalties for those who engage in squatting or facilitate it: First-Degree Misdemeanor: Making a false statement in writing to obtain real property or knowingly presenting a falsified document conveying property rights. Second-Degree Felony: Unlawfully occupying or trespassing in a residential dwelling and intentionally causing $1,000 or more in damages. First-Degree Felony: Knowingly advertising the sale or rent of a residential property without legal authority or ownership. Impact on Homeowners and Property Managers The enactment of HB 621 aims to ensure that property owners and managers in Florida have the tools and legal backing to protect their properties from unlawful occupation. By addressing the issue of squatting comprehensively, the new law attempt to safeguard property values and the rights of legitimate property owners. Conclusion At Watson Property Management, we understand the challenges that property owners face in maintaining and protecting their investments. We are committed to staying informed about legislative changes that impact our industry and ensuring that our clients are well-equipped to navigate these changes.
Decorating a home can be a challenge, especially when you need to adhere to lease agreements that limit permanent changes. However, creating a comfortable and stylish living space doesn't have to be difficult. Here at Watson Property Management, we've compiled a list of creative and renter-friendly decorating tips that will help you make your rental feel like home without jeopardizing your security deposit. Embrace Temporary Solutions: One of the best ways to personalize your rental is by using temporary solutions. Removable wallpaper and decals are perfect for adding a splash of color or a fun pattern to your walls. They're easy to apply and remove, leaving no trace behind when it's time to move out. Add Area Rugs: Area rugs are a great way to define spaces, especially in open floor plans, and add warmth and personality to your home. They come in various styles, colors, and sizes, allowing you to choose one that complements your furniture and overall décor. Plus, they protect your floors from scratches and wear, which is a bonus for both you and your landlord. Use Multi-Functional Furniture: Investing in multi-functional furniture can be a game-changer in a rental home, especially if space is limited. Look for pieces like ottomans with storage, sofa beds, and foldable dining tables. These items not only save space but also add to the functionality and versatility of your home. Get Creative with Lighting: Lighting can dramatically change the ambiance of a room. Since you might not be able to install new fixtures, consider using floor lamps, table lamps, and string lights to create a warm and inviting atmosphere. Smart bulbs that allow you to change the color and intensity of the light are also a great option for adding a personalized touch. Bring in Greenery: Plants are an excellent way to breathe life into your rental home. They purify the air and add a natural element to your décor. Choose low-maintenance options like succulents, snake plants, or pothos if you're new to plant care. Use a variety of pots and planters to match your style. Decorating a home you're renting requires a bit of creativity and flexibility, but with the right approach, you can create a space that feels uniquely yours. At Watson Property Management, we understand the importance of making your space feel like home, and we're here to support you every step of the way. Whether you're a new tenant or a long-term resident, these tips will help you transform your space into a stylish and comfortable haven. For more information on rental properties and management services, visit Watson Property Management today!
