Owning rental property in Philadelphia comes with a lot of responsibility. Aside from the administrative side of being in the rental property business – tenant screening, lease drafting, and rent collection – there is a definite hands-on side to leasing an investment property as well. Whether you self-manage your rentals, or employ Philadelphia’s best property […]
Monthly Archives: September 2017
27
Sep
Sep
Are you thinking about hiring a Maryland property management company to help you care for your Potomac investment properties? Many property owners quickly find out that self-managing their rental properties entails a lot more work than they originally anticipated. This is especially true for those looking to grow their rental property business, expand their portfolio […]
26
Sep
Sep
America has experienced a solid growth in housing prices over the last five years, and it is safe to say the demand for housing is continuing to rise, thus driving housing prices higher and higher. For many people, these price increases are making it so that purchasing a home is no longer an option, and […]
20
Sep
Sep
Drawing up an airtight lease from the very beginning is one of the most important things you and your Columbia, Maryland property management company can do. Doing this prevents any confusion amongst the parties regarding what is to be expected throughout the lease term, and helps to protect both property owner and tenant. If you […]
14
Sep
Sep
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 […]