Spring is in the air; the weather is finally coming around, and it is time to think about home projects. In the competitive rental market, anything landlords can do to set their place apart is good. So, out with the old and in with the new! Whether you are looking to do a complete overhaul […]
Category Archives: Owning a Rental Property in Pennsylvania
Maintenance is a dreaded but necessary part of owning a rental property. That said, the best kind is always preventative maintenance. Whenever possible, being proactive in caring for major systems is the key to avoiding costly repairs down the road. Not only is routine maintenance essential for the preservation of your investment, but it also […]
There are many benefits to employing a qualified property management firm to manage a rental portfolio. In particular, property managers serve as the middlemen between owners and tenants. After all, a landlord’s goal is to rent the property in hopes of turning a profit but keeping tenants happy is a big part of that equation. […]
When it comes to where to buy or where to rent, location is the number one factor. Knowing what location has the best rental value can aid in making a successful business decision for investors. The post-pandemic rise of the real estate market means it is a hot seller’s market across the US. So, where […]
Location is an important factor for real estate investors, and the ideal one has a large pool of renters. With that in mind, some locations across the US are better than others. Researching the homeownership rates in various cities helps investors see what percentage of the population is looking for rentals. Therefore, landlords can narrow […]
Competition in the rental industry has many owners looking to improve their odds of attracting a quality renter. However, a full-scale renovation is costly, and not all improvements truly add value. In a market where profit margins are tight, to begin with, extensive renovations could be financially damaging in more ways than one. Thankfully, some […]
As low mortgage rates continue across the United States, many investors wonder if now is the time to invest in a real estate venture. Rental properties are a great source of passive income while contributing to long-term wealth. Also, thanks to technology and professional property management companies, owners do not need to reside just down […]
Across the nation, more and more neighborhoods are bouncing back from the pandemic woes of 2020. However, precautions are still needed to keep everyone safe. As a landlord, showing properties is challenging while trying to adhere to social distancing and sanitation requirements. That said, there are many showing alternatives that landlords can utilize to still […]
The new year is in full swing, and predictions are flying as to how the 2021 real estate market will turn out. After 2020, many are looking forward to what will hopefully be a better and more fruitful opportunity for investors and those looking to buy or sell a home. So, who will come out […]
Property maintenance for landlords is seemingly endless. Along with purchasing and managing the property, landlords must learn how much to budget for the ongoing maintenance needs they are sure to encounter. In addition to emergency repairs, preventative maintenance plays a key role in the health of your investment property. So, join us below to learn […]