Here we are in 2015, and the rental market in South Florida is very, very strong. The demand for housing, whether condos or duplexes; triplexes or big houses, is strong. With demand high and supply down, across the board the market is strong.
2015 Rental Property Market Update and Forecast for South FloridaIf you’re pricing your property at the market rates, you’re going to have a qualified tenant wanting to rent from you. Just remember a few things – keep the property in good repair, keep it clean, and price it right. We cannot emphasize that enough. Just because the market is strong, it doesn’t mean you can price it wherever you want. If you’ve got a four bedroom, two bath home with a pool, you’re going to get what the other homes in the neighborhood are getting for a four bedroom, two bath with a pool. You’re not going to get more and you shouldn’t accept less.
Military: David Harper is a retired United States Air Force Lieutenant Colonel. As a Lieutenant he served in Southeast Asia during the Vietnam War (1968-1969) where he was a Casualty Staging Officer ( Aeromedical Evacuation). He was tasked with moving wounded Soldiers and Marines from Vietnam to various military hospitals in the theatre and eventually Stateside. After serving in several Air Force Reserve Units he was “called up” to serve in Desert Shield/Desert Storm (1990-1991) Where he was Chief Planner on the Central Command Staff for the Aeromedical Evacuation of all US Casualties during the pre-invasion and post-invasion phases. He retired from the Air Force Reserve in 1993. Currently he is the President of the Broward County Chapter of the Military Officer’s Association of America.
South Florida Property Manager Roger Schalk is a member of the National Association of Residential Property Managers (NARPM), and the Florida Association of Property Managers (FARPM). A real estate professional for 18 years he has spent his entire professional career managing and developing company’s and their employees in customer facing roles and has successfully established himself in Property Management.