Do you own a house or apartment building that you can rent out to tenants to generate income? If you answered yes then you should jump at the opportunity. Becoming a landlord is a fantastic decision for anyone who wants to create an income stream for themselves at any point in their lives. But if […]
Category Archives: Owning a Rental Property in Maryland
29
Jun
Jun
No Baltimore landlord likes a vacant property. Worries about loss of income, damage to the property, and theft can cause many sleepless nights. And while vacancies are an unwelcome downside to being a landlord, there are steps you can take to reduce the possibility of an unoccupied property. Let’s jump right in and take a […]
13
Jun
Jun
If you own rental property in the Howard County area, chances are you have considered hiring a property management company at one point or another. After all, the right property management company can handle the time-consuming tasks and stresses related to leasing your rental home. As a landlord, it is important you feel reassured that […]
31
May
May
Owning property is a huge part of the American dream. But every year, landlords across the country pay much more taxes on their rental business than necessary. All too often, these taxes take a serious toll on the profitability of their properties. Fortunately, the United States tax code has many rules that allow landlords to […]
17
May
May
If you have been in the Baltimore County rental property business for a while now, surely you have benefited from reading our money saving tips when it comes to being a landlord. After all, regulating investment property expenses is essential to maintaining a positive cash flow and ensures your rental property costs do not break […]
11
May
May
As housing prices continue to increase, the time to capitalize on the value of your property is now. The question is: How? Appraisals are based on recent sales prices of comparable properties. They’re also meant to be coldly objective. The square footage, amenities, materials used in building, and the condition it’s in all figure into […]
04
May
May
There are many terms related to being a landlord that get used on a regular basis. But have you ever really thought about the actual meaning behind them? Today we are going to discuss some of the most common real estate terms every property owner in the rental property business should be aware of and, […]
25
Apr
Apr
According to the National Association of Realtors, in 2015 an estimated 1.09 million vacation homes were purchased for investment reasons alone. Representing an increase for the first time in 5 years, it might be time for you to consider investing in a Prince George’s County vacation home that you can lease to tenants looking to […]
11
Apr
Apr
In the past, we have discussed ways to protect your rental investments from tenants who use your rental property on marketplaces such as Airbnb as a way to sublet your home. But have you put any thought into general subleasing options and how that may affect your rental property business? Today we will look at what exactly subleasing a […]
04
Apr
Apr
One of the best things about being a landlord is that you can run your rental property business however you see fit. That means you can purchase and rent a property just about anywhere – even if you live far away from it. If you don’t feel comfortable doing that, you can opt to only […]