With the growing rental market, property owners all over the country find that families are stepping away from buying property, and are looking to rent instead. In fact, according to the New York Times, every year since 2004, 770,000 new rental houses have come onto the rental market. While not every one of those rental […]
13
Sep
Sep
If you are a successful Philadelphia property owner, chances are you have been preparing for your annual end of summer property inspection. Routine inspections of your rental property are a great way to ward off major maintenance expenses, ensure your tenant is fulfilling their lease obligations, and ease your mind that your investment property is […]
07
Sep
Sep
Rental scams have been around for decades. And, as the number of people looking to rent increases nationwide, more tenants than ever are on the lookout for these scams, so they don’t fall victim them. Criminals that are responsible for these scams are aware of the heightened demand for rentals, and the increasing rent rates […]
05
Sep
Sep
Minimizing the time your Harford County rental property sits vacant between tenants is the goal of any successful landlord. That’s why, once you find out your current tenant will not be signing a lease renewal, it is a good idea to start the search for a new tenant right away. But what should you do […]
01
Sep
Sep
Vacancies present quite a challenge to property owners. They dip into whatever positive cash flow you have accrued for the year, require extra time thanks to new tenant placement, and can be just plain frustrating. In the past, we have discussed plenty of ways to reduce your vacancy rates, as well as how to improve […]
28
Aug
Aug
Failing to retain your Baltimore County tenants means you have a vacancy on your hands. With a vacancy, you are no longer collecting a consistent rent payment each month, you probably need to make repairs such as paint the walls or replace the carpet, and of course, you’ll need to perform a deep clean. That’s […]
23
Aug
Aug
It seems that we all suffer the frustrating feeling of losing something one time or another. However, some of us are worse about keeping track of our things than others. Simply Orderly shared some statistics about just how bad some of us are at staying organized: The average American will spend 1 year of their […]
22
Aug
Aug
You have been stewing over whether you should add another Montgomery County rental property to your growing portfolio. And, like all successful landlords, you have done your due diligence and researched all the right things – market trends, going rental rates, amenities, financing options, as well as nearby shopping, dining, and entertainment venues. There’s just […]
18
Aug
Aug
Making your rental property eco-friendly is all the rage these days. Not only does it reduce your tenant’s cost of living, but it also reduces your property’s carbon footprint (e.g. the greenhouse emissions that are tied to global warming). Did you know that, according to NASA, there is a 95% probability that the reason our […]
16
Aug
Aug
The more experience you have as a Philadelphia landlord, the more you will realize there are all kinds of different tenants out there. And, in order to be a successful landlord, it is important that you tune into these different types so you can learn how to recognize red flags early on, how to keep […]