Moving out of your parent’s place is a big step towards adulthood. But how old do you have to be to rent an apartment? While most people would automatically say 18 years old – this isn’t always the case. As first-time renters, you should understand that there are limitations when it comes to rental leases […]
Category Archives: Property Management in Baltimore
Have you ever thought about how some investors seem to find those rental properties that just keep making money? Well, let me tell you that this isn’t a trick at all! It is about knowing what we call the “cap rate.” The cap rate, also known as the “Capitalization Rate,” is an important number for […]
Having one universal lease agreement satisfying every type of lease term possible would be great. However, in reality, every lease is different. So, while using a universal lease form is possible, it is important to note that whether you self-manage your rental property, or enlist the help of a property management company, there are going […]
The 30-Day Notice to Vacate is one of the most important aspects of Maryland Landlord-Tenant Laws, but most people don’t know all it entails. In this article, we explain what the “30-day notice” is in Maryland tenant-landlord law and what types of lease termination policies every landlord should know. Maryland Landlord-Tenant Laws: What is the […]
Whether you’re buying or selling real estate, it’s crucial to know the various expenses involved. While you may assume that the buyer pays the majority of all closing costs, that’s not necessarily true. In the video below, we’ll review who pays closing costs and which expenses the buyer and seller are each responsible for. […]
Most apartment buildings provide private parking, which can be convenient for residents wondering where to park. However, parking in multi-family buildings can be tricky to manage. Property owners may face various types of parking options, such as surface lots, parking garages, and off-site lots. While each of these will help tenants avoid street parking, it’s […]
Spring has sprung, which means it’s the perfect time to refresh your home or rental property with a deep clean. Aside from creating a cleaner living environment, deep cleaning has several benefits. Read along as we discuss when to start your spring cleaning journey, the benefits of a clean environment, and spring cleaning tips for […]
If you want to sell a rental property, you’ll have to prepare it for showings and advertising. However, you may also find that there is a major roadblock on the path to selling: someone is currently living there. However, this does not mean hope is lost. You can still sell the property if you work […]
It is always a landlord’s goal to find the “perfect tenant” to occupy their rental home. While performing thorough screenings of potential tenants that include background and credit checks, employment and income verifications, and even communication with previous landlords, income property owners must be careful that they avoid housing discrimination when it comes to placing […]
Any responsible rental property owner knows the importance of tenant screening when it comes to placing tenants in their property. You want to ensure the tenant you are considering has no criminal background, verifiable income that can cover the monthly rent expenses and a good credit score. One of the best ways to verify a tenant’s […]