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Showing posts from April, 2025

Avoid These 7 Common Legal Mistakes as a Florida Landlord

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Being a landlord in Florida can be a smart investment—but it comes with legal responsibilities you can’t afford to ignore. At Dayan Property Management, we work with landlords across Boynton Beach , Boca Raton, Pompano Beach, and Delray Beach, and we’ve seen firsthand how easily rental property owners can run into legal trouble—often without realizing it. 1. Not Using a Legally Binding Lease Agreement Your lease is your most important protection. Too often, landlords download a generic lease template from the internet that doesn’t comply with Florida law or cover key issues like pet policies, maintenance responsibilities, or what happens if rent is late. What to do instead: Use a Florida-specific lease agreement, reviewed by a legal professional or your property manager . A strong lease protects you and sets expectations from day one. 2. Mishandling Security Deposits In Florida, there are strict rules for collecting, holding, and returning security deposits. If you don’t follow the law...

Is Your Property Manager Dropping the Ball? Here’s How to Tell

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Owning a rental property in South Florida should feel like a solid investment not a second full-time job. But if your current property manager is ghosting your emails, letting units sit vacant, or not keeping you in the loop with reports... something’s off. Let’s break down the biggest red flags that it might be time to switch management companies — and how to avoid costly mistakes. 1. Poor Communication If your manager disappears when you have a question, or you’re constantly chasing updates, it’s a problem. You should never have to guess what’s going on with your property. Whether it's a repair, a tenant complaint, or a rent delay — your manager should be proactive and responsive. Ask yourself: Do they respond within 24 hours? Do they notify you of maintenance issues before the tenant calls you? Do they explain their decisions clearly? At Dayan Property Management , we believe communication is everything. We offer fast responses, clear updates, and full transparency — because tha...

Top 5 Things Tenants Complain About — And How We Handle Them

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At Dayan Property Management, we’ve heard it all — from leaky faucets to mysterious noises in the night. The truth is, being a tenant can come with its fair share of frustrations. But a great property manager doesn’t just respond to complaints — we solve them before they become a real issue. Here are the top 5 things tenants often complain about, and exactly how we handle them to keep everyone happy. 1. Maintenance Requests That Take Too Long The Complaint: “I submitted a repair request days ago… why hasn’t anyone shown up?” Our Solution: We get it — waiting on repairs is frustrating. That’s why we use a streamlined maintenance system to track and respond to every request quickly. For urgent issues (like no heat or a plumbing leak), we act immediately. For minor issues, we provide realistic timelines and regular updates so tenants aren’t left in the dark. Our Promise: Clear communication, fast action, and trusted contractors. 2. Noisy Neighbours The Complaint: “My upstairs neighbours s...

Is It Time to Raise Rent? A Landlord’s Guide to the Florida Rental Market in 2025

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If you're a landlord in Florida—especially in areas like Boca Raton, Boynton Beach, or Delray Beach—you’ve probably asked yourself: “Should I raise the rent this year?” With rising property taxes, insurance costs, and inflation, it’s a valid question. But before you update that lease agreement, it’s important to look at what’s happening in the Florida rental market—and how to do things fairly and legally. Let’s break it down. Why Rents Are Rising in Florida in 2025 The demand for rental properties in South Florida has stayed strong, thanks to: People relocating from other states for better weather and lifestyle Limited housing supply in hot markets like Boca Raton and Delray Beach Increased cost of homeownership (higher interest rates and prices) This means many landlords have an opportunity to adjust rents, especially if your current rate is below market value. How to Know If It’s Time to Raise the Rent Here are a few signs it might be time for a rent increase: Your Property Is Pr...

How to Keep Your Florida Property Safe When You’re Not There

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Owning a home in Florida whether it's your full-time residence, a vacation getaway, or a seasonal snowbird escape is a dream for many. But what happens when you're not around? Whether you're heading up north for the summer, traveling for business, or just enjoying an extended vacation, your property still needs attention. The good news? With the right strategies in place, you can protect your home, save money, and enjoy real peace of mind while you’re away. Here’s how to do it: 1. Invest in a Trusted Home Watch Service If you're away for weeks or months at a time, a professional home watch service is one of the smartest investments you can make. Unlike asking a neighbor or friend to "keep an eye out," a home watch provider does scheduled, in-person visits to your home. They check for: Water leaks or plumbing issues Signs of mold or mildew (a big concern in humid Florida) Pest or rodent activity Storm damage HVAC system functionality Unusual odors or safety con...

Top 7 Tips for Hassle-Free Property Management in Delray Beach FL

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Managing a property in a vibrant coastal city like Delray Beach, FL can be incredibly rewarding—but it’s not without its challenges. Whether you're a seasoned investor or a first-time landlord, staying on top of property maintenance, tenant communication, and legal compliance can get overwhelming. The good news? With the right strategies, property management in Delray Beach FL can be smooth, stress-free, and highly profitable. 1. Partner with a Local Property Management Company The easiest way to take the stress off your plate? Hire a trusted local expert. A professional property management company in Delray Beach FL understands the market, tenant expectations, and local regulations. They can handle everything from tenant screening to maintenance requests—so you can sit back and relax. Look for a company with experience in both long-term and seasonal rentals like Dayan Property Management , as Delray Beach attracts a variety of tenants year-round. 2. Screen Tenants Thoroughly Tena...