Many times those who begin investing in Philadelphia rental property set out to do it all themselves. After all, being a property owner and leasing rental properties is the true path to a passive form of income, right? Well, not exactly… Though managing rental property can be fairly hands-off under the right circumstances – if […]
Monthly Archives: June 2017
28
Jun
Jun
It’s that time of year again; that time when Americans all over the country get together with their family and friends to celebrate the freedom they enjoy each and every day. While the Fourth of July is often a time of excitement, good food, and of course, fireworks, property owners often cringe at the thought […]
26
Jun
Jun
Many Americans have the dream of starting their own business. In fact, freedom from the corporate world, being your own boss, and making a lot of money, are the thoughts that dominate your mind when you’re feeling that entrepreneurial spirit. But running a business is a lot of work. Launching a rental property business and […]
21
Jun
Jun
Every rental property owner in Philadelphia wants to know what it takes to be a successful landlord. Keeping your property turnover rates low, boosting lease renewals, and striving to keep your tenants satisfied, are the keys to succeeding in the rental property business. However, that’s the point: this is a business, and should be treated […]
07
Jun
Jun
Being a property owner comes with a lot of stress. In addition to managing your rental property, as a property owner you must balance your work with everything else in your life. This includes family and friend obligations, other work commitments, and free time. Not to mention, property related tasks such as rent collections, routine […]
05
Jun
Jun
Anyone that has a Baltimore County rental home with carpeting knows what a beating the floors can take after a lease term has come and gone. And, while sometimes it may be your tenant’s fault (e.g. not removing shoes upon entering the rental), so long as the damage does not exceed normal wear and tear, […]
01
Jun
Jun
Have you ever wondered why your Philadelphia tenants sign 12-month lease agreements? While most property owners have tenants sign a yearlong lease agreement that can be renewed for another 12 months come the end of the lease term, there are those that prefer month-to-month lease agreements instead. If you are curious about the pros and […]