Many uncertainties accompany rental property ownership. However, one thing is for certain, maintenance and repairs are inevitable. Unfortunately, a common mistake for new landlords is underestimating potential maintenance costs and not preparing for the worst. While avoiding many disastrous repairs involves preventive action, it is always a good idea to set aside more emergency funds […]
Category Archives: Property Management in Maryland
20
Jul
Jul
Upwards of 70% of today’s renters own a pet, yet finding accommodating housing can prove challenging. For landlords, accepting pets comes with some inherent risk, yet not accepting them severely limits the pool of prospects. That said, allowing pets requires landlords to create strict policies and require extra fees to help protect your valuable investment […]
19
Jul
Jul
For many reasons, living close to your rental investment property may not be possible. While living close by does make things easier, being a long-distance landlord can work if you are prepared. Modern technology and services allow investors to purchase property anywhere to get the most out of their portfolios. Join us below as we […]
13
Jul
Jul
Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]
24
Jun
Jun
The goal of any rental property business is to generate sustainable income and profit. However, even as the profits begin to roll in, it is important to plan for every contingency. Most rental markets experience some ebb and flow throughout the year. So, careful financial planning will ensure you save exactly what you need to […]
18
Jun
Jun
The effects of the COVID housing crisis will be felt in the rental industry for years to come. While new legislation protected tenants from unpaid rent evictions, landlords with non-paying tenants found little relief or sympathy for their own financial wellbeing. As current orders are set to expire, the day of reckoning is coming. So, […]
17
Jun
Jun
As a landlord, your rental property will go through many different types of inspections – all of which play an important role. In the rental industry, the longer a unit sits vacant, the more money the owner loses. Therefore, making sure your rental is ready for marketing and an efficient lease process is key to […]
11
Jun
Jun
When it comes to return on investment, it is hard to beat a freshly painted rental interior. That said, many landlords are unsure how much something like a paint refresh should cost. Moreover, how often does a rental need a complete repaint? Finally, which paint is the best to mitigate the added wear and tear […]
08
Jun
Jun
The weather is heating up, COVID restrictions are easing, and summer fun is back in Baltimore County. Whether you hope to see your favorite band or find activities for the whole family, the coming months have plenty to offer. So, to help fill your calendar, check out this list of summer activities in Baltimore below. […]
02
Jun
Jun
Sadly, confrontation is occasionally a given part of being a landlord. Furthermore, understanding how to deal with confrontation professionally and effectively does not always come naturally to rental owners. In fact, dealing with confrontation is something most people try to avoid at all costs. However, if you do not already employ the area’s best property […]