All landlords aim to keep high-quality tenants in their rentals to minimize vacancies. However, you won’t always find the perfect tenants to stay in your properties long-term. That said, one of the most expensive parts of owning a rental business is tenant turnover. Therefore, landlords work hard to increase their tenant retention rate. If you’re […]
So here you are, a first-time renter! Congratulations! You are onto your next big step toward independence, and this is a moment to bask in pride. But renting comes with significant responsibility. After all, you are entering into a legal contract, and there is quite a bit of money at stake. So today, we will […]
If you’re part of an HOA, whether you’re a board member or homeowner, you know how important the community’s financial health is. Regular audits help ensure financial accuracy and transparency within an HOA. Today, we’ll review what an audit is, why they’re important, and more about HOA audits. Contents of This Article: What Is an […]
Are you a landlord wanting to learn about Business Interruption Insurance in Prince Georges County? You came to the right place! When owning a rental property (or properties), it is essential to consider all possible scenarios, especially those that could interrupt rental income. For instance, the COVID-19 pandemic was an unforeseeable crisis that caused many […]
Washington, DC, is full of history, culture, and important people. As such, owning a rental property here can attract a wide range of tenants, whether students, professionals, or tourists. One thing that draws a lot of people in is DC’s national landmarks–and there are a lot of them. Today, we’ll review the different landmarks in […]
There are plenty of things for rental property owners to worry about–adverse possession is just one of them. While this is pretty low risk compared to things like property damage or lease violations, it’s important to know what it is and how to avoid it. Today, we’ll review how squatters can take possession of a […]
Living in an HOA community has its pros and cons. While there are some restrictions on what you can do with your home, there are several measures in place to ensure the community is safe, well-maintained, and aesthetically pleasing. One important part of keeping a community looking its best is HOA inspections. Today, we’ll go […]
A tenant getting injured on your property is a nightmare situation for landlords. After all, if it turns out to be your fault, you may face a court case and be responsible for several compensatory damages. As such, it’s important first to mitigate any injury risks on your property and second, to know how to […]
If you are a landlord, you understand that sometimes the hardest part of owning rentals is dealing with tenants. After all, your tenants may be renting your property, but they have made your property their home. As such, it’s understandable that conflicts may arise occasionally. However, the biggest mistake in dealing with tenant issues is […]
You don’t have to search for long to find horror stories about overbearing, unfair landlords and how they mistreat their tenants. Unfortunately, it’s a common problem. However, some landlords act that way because they constantly deal with difficult tenants, tenants who never pay rent on time, and tenants who damage their property. However, regardless of […]