So, you love where you live, and the thought of moving isn’t appealing. But with your lease coming to an end, you’re now at a crossroads, wondering how to renew lease agreements and secure your home for another term. Before time runs out, it’s important to understand the process of requesting an extension. In this […]
Category Archives: Property Management in Harford County, MD
17
Feb
Feb
Ever heard the terms ‘lessee’ and ‘lessor’ and wondered what they actually mean? They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). Let’s break […]
19
Dec
Dec
Real estate equity can be a powerful tool for investors seeking to build wealth over time. Whether you’re investing in commercial real estate, buying a single-family home, or looking at alternative investment choices like REITs, it’s critical to understand how to build and manage equity. In this article, we’ll break down the fundamentals of real […]
13
Nov
Nov
Renting has its pros and cons. On one hand, you have flexibility without the long-term commitment of homeownership. However, decorating your space can be challenging with rental restrictions. Thankfully, there are plenty of ways to revamp your rental without risking your security deposit. Read along as we review 12 creative, simple, renter-friendly upgrade ideas to […]
07
Nov
Nov
Requesting, reviewing, and contacting references is a crucial step in the tenant screening process. In the past, we have discussed how to do just that, along with some tips for how to double-check and ensure a potential tenant’s references are even real. However, while getting an outside perspective of a tenant can be helpful, it’s […]
19
Oct
Oct
Maintenance and repairs are vital to owning a successful rental property. However, when you own more than one rental, fulfilling every tenant’s request for maintenance can be challenging, and it may lead to delays. If you experience tenant complaints due to maintenance delays, knowing how to handle them is important. Today, we’ll discuss some common […]
16
Oct
Oct
As a rental property owner, you must establish a strong relationship with your tenants. There are many benefits to this, including your tenant staying a long period of time, thus saving you the time and energy of having to look for a new tenant regularly. However, there is a fine line between having a strong […]
25
Sep
Sep
Investing in real estate is a great way to generate money through rental income and property appreciation. That said, there are several different investment strategies to explore, whether you go after residential rental properties, commercial buildings, short-term rentals, or a fix-and-flip project. With that, each strategy required a different type of management and maintenance. Today, […]
09
Sep
Sep
Requiring your tenants to have renters insurance coverage is one of the best ways to protect yourself, your rental property, and your tenants. Unfortunately, many tenants feel that renter’s insurance is not necessary. Only around 55% of renter-occupied homes have renters insurance, compared to 88% of homeowners who have a homeowners insurance policy. Today, we’re […]
30
Aug
Aug
Do you find yourself spending too much money on utilities? Energy-related costs are a major part of owning a home or rental property. As such, you’ve probably wondered if there are any ways to save on these costs. Completing a home energy audit is a great place to start. Today, we’re reviewing what a home […]