Many investors get drawn into the rental industry by the lure of passive income. After all, who would not be interested in extra money? Real estate is a solid investment, whether your goal is saving for a college fund, retirement, or added peace of mind. That said, investing in the rental industry is not without […]
Category Archives: PA
28
Oct
Oct
The rental agreement is the most critical document for landlords and tenants. That said, a lease involves many different clauses, addendums, and disclosures that each carries its own legal ramifications. In addition, essential components of a lease will vary based on location and the property’s specific needs. So, to thoroughly understand what these additions mean […]
18
Oct
Oct
Nowadays, most tenants and landlords have heard of renters insurance, but how many understand why it is vital to the industry? Renters insurance is easy to get, cost-effective, and integral to protecting a tenant’s personal property as well as against certain types of liability. More and more, landlords realize the benefits to both sides and […]
13
Oct
Oct
While it should go without saying that no individual or family should become a victim of housing discrimination – it can and does happen. As a landlord, housing discrimination claims can have devastating legal and financial consequences. Therefore, understanding the origins and rules of the Fair Housing Act is necessary. These federal fair housing laws […]
28
Sep
Sep
A chill is in the air, the leaves are falling, and your HVAC system is probably the last thing on your mind. As a rental property owner, Fall brings with it many maintenance tasks like cleaning gutters and checking for leaks. However, to keep tenants comfortable all year long, it is essential to service the […]
16
Sep
Sep
The effects of the COVID-19 pandemic are far from over. For landlords and tenants, changing regulations can trigger frustration, fear, or even confusion. While federal and state agencies have established rent relief programs to try and prevent the onslaught of evictions, to date, only a fraction of those funds has been distributed. So, how can […]
10
Sep
Sep
A chill is in the air, leaves are changing, and Fall is here, but along with it comes Fall maintenance. Falling leaves can easily clog gutters and lead to water damage in and around the home. That said, seasons changing presents the perfect opportunity for preventative maintenance and a chance to check-in and ensure all […]
03
Sep
Sep
Whether landlords are ready or not, technology plays a key role in the rental industry. As the number of people searching for their next rental property continues to rise, grabbing renters’ attention through online listings is critical. On the flip side, renters may find the search for their next place to call home a competitive […]
31
Aug
Aug
The rental industry is expected to grow exponentially in the coming years. This multi-billion-dollar industry has sparked a new wave of entrepreneurs starting property management companies to fill a need as investors grow their portfolios. Starting a property management company is much like any other small business. That said, there are some differences specific to […]
18
Aug
Aug
Evictions are an unfortunate event that is sometimes unavoidable. Understanding the legal process is the key to success when the only solution is to remove a tenant from the home. Legal evictions can be a lengthy process of notices, court appearances, and communications. To regain possession of their property as soon as possible, some landlords […]