With an estimated population of 1,556, Astor is a small suburban community in Lake County, Florida. Located along the shores of St. Johns River, there is so much natural beauty to explore. Residents can easily enjoy outdoor activities such as fishing, hunting, boating, camping, and hiking.
A majority of Astor’s resident population may own their homes (86%), but there is still a percentage of the community that prefers to rent (14%). The median rent is $659, which is significantly lower than the national average. However, a three-bedroom property can go as high as $2,700. The average rent price remains the same compared to the previous year.
For many, renting is a cheaper option and is better for short-term stays. It is also a good way to get a feel of a certain neighborhood before deciding to settle down. As such, many investors choose to take advantage of the rental market in Astor. However, simply buying a rental property is not enough.
Astor property management demands time, patience, and expertise. You must find and screen tenants, set and collect rent, develop policies and terms, and keep up with ever-changing rental laws. You must also maintain the property and handle tenant complaints. The work can quickly pile up and turn unmanageable. This is why many owners seek the help of professional property management companies.
Hide Text