If you are lucky enough to own rental property in Ellicott City, you know that managing a rental home requires experience, knowledge, and a lot of patience. In addition, you know that if you do not employ a property management company, self-managing rental homes means running a small business on your own. Or, maybe you […]
Category Archives: Property Management in Howard County, MD
19
Apr
Apr
Collecting rent from your Howard County tenant is no easy feat. Especially if you have more than one rental property. Remember, you must keep accurate records of all rent payments accepted and balance any other financial transactions that may dip into this rent collection income for when tax time comes. In the end, this adds […]
05
Apr
Apr
Even though your Howard County tenants do not own the property they lease from you, chances are they want it to feel like home; for the time being, it is their home. Many property owners have strict rules when it comes to decorating or making any changes to the interior of their rental property, and […]
31
Mar
Mar
Part of being a successful landlord in Howard County is ensuring that your rental property is safeguarded in the case of an emergency. And oftentimes this is accomplished by requiring your tenants to have renter’s insurance. Yet, according to the Insurance Information Institute, as of 2016, only 41% of renters reported to have renter’s insurance. Renter’s […]
29
Mar
Mar
Customer satisfaction is the key to any business’ success. So, as a rental property owner, a good tenant relationship should be a priority. Whether you self-manage your investment properties, or employ Howard County’s top property management company to help you out, the importance of seeking a good landlord-tenant relationship should not be underestimated. There are […]
27
Mar
Mar
Howard County is one of the most competitive rental property markets in Maryland. With beautiful scenery, the excitement of city life, and a touch of history sprinkled throughout, it is no wonder people are rushing to make Howard County their home. Plus, with plenty of work opportunities that pay well above the average American income […]
19
Mar
Mar
In the past, we have discussed some of the legal considerations Howard County property owners should be aware of when it comes to pest control in a rental property. In short, as a property owner you are legally responsible for providing a pest-free property to your tenants upon the start of a lease term. From […]
15
Mar
Mar
Tenant retention in Howard County is serious business. If you or your property management company do not look for ways to boost tenant retention, chances are you will experience more rental turnaround than you wish to see. Even worse, you may have to deal with extended property vacancies, which will cut deeply into your annual income. […]
10
Mar
Mar
Those looking to lease a rental property in Howard County are likely looking for a place that offers specific amenities. And, with the large populations of people leaning towards renting Howard County homes as opposed to buying them, it is important that you, as a landlord, differentiate yourself from the local competition if you want […]
08
Mar
Mar
Did you know that in the United States a burglary occurs approximately every 18 seconds? This startling fact should alert both you and your property management company that home security needs to be taken seriously when it comes to your Howard County investment property. The thought of anyone breaking into your Howard County rental, especially […]