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
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 […]
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 […]
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 […]
Being the owner of a rental property comes with many challenges. You’re not always sure if your tenants are going to pay their rent every time, if they are going to treat your investment property right, and if they are going to conduct illegal activities in your residence. And, while thorough tenant screening does a […]
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 […]
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 […]
You may feel that investing in energy efficiency for your Fort Meade rental properties is not the best use of time and money. After all, you are not the one living in the property, and therefore will not reap any of the benefits. Well, think again. Energy efficient updates to your rental become very appealing […]
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 […]
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 […]
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