In the rental industry, price is a major ruling factor. Not only does it affect tenant’s ability to afford your property, but the price also contributes to how much profit landlords have at the end of the month. But how does a landlord know how to price a rental property competitively while maintaining a healthy […]
Category Archives: Owning a Rental Property in Pennsylvania
28
Jan
Jan
The question for the day is, what will 2021 hold for the US rental market? No matter what the economic outlook post-COVID-19, individuals will always need a place to call home. That said, investors can count on a large portion of those individuals being renters. However, while the pandemic’s effects are still playing out, the […]
25
Jan
Jan
Renting an apartment is a costly and emotional process. As a tenant, you want to do everything you can to ensure a confident decision. So, how do you know landlords have been upfront with all the details that are important to you? The answer is to ask the right questions! While the rental ad may […]
18
Jan
Jan
Investing in rental property can prove to be an excellent and lucrative addition to a diverse portfolio. However, being a landlord extends well beyond buying the property. As a matter of fact, managing a rental property is a full-time job that not every investor is prepared for or wants. So, what is a landlord to […]
13
Jan
Jan
Budgets and ways to cut expenses are on the minds of landlords now more than ever. Everyday upkeep alone can chip away at profits. As rent increase freezes are set to stick around for the foreseeable future, spending capital on large scale renovations may not be possible. That said, there are times when a modest […]
04
Jan
Jan
Property turnover is inevitable in the rental industry. When it happens, landlords become overwhelmed by a myriad of repair and cleaning tasks. All of which are important steps to making the home ready for a new tenant to move in. However, one of the traits of successful landlords is planning ahead for the eventual vacancy. […]