Whether you are a tenant or landlord, no one wants to deal with the inconvenience of emergency rental maintenance. For landlords, maintenance of any kind requires time, money, and coordinating efforts. That said, effective repair policies rely on a clear understanding of what is and is not an emergency, along with a process to handle […]
Category Archives: Property Management in Maryland
15
Oct
Oct
Without a doubt, 2020 and 2021 have been a struggle for many landlords. The COVID pandemic caused disruptions in rent payments and evictions for non-paying tenants. Even though the government did step in to try and provide rent relief, many landlords are still left holding the bill, owed thousands in back rent. The pandemic […]
11
Oct
Oct
The thought of accepting a tenant with a Housing Choice Voucher may intimidate some landlords who are unfamiliar with the process or guidelines. As with any decision, landlords have, there are downsides. However, as affordable housing continues to be harder and harder to find, property owners may find several advantages to participating in the program. […]
06
Oct
Oct
The COVID pandemic has changed many things in the rental industry. However, landlords must have comprehensive and fair rental screening policies that remain consistent. That said, many renters had their income interrupted or even faced eviction due to the pandemic. So, how should future landlords view these circumstances? The trouble is, without thorough screening, landlords […]
14
Sep
Sep
Operating a rental business requires owners to establish many different processes to remain organized and efficient. Of these, one of the most vital is financial record keeping. That said, failing to maintain organized data as your portfolio grows can quickly become overwhelming and spell disaster. For landlords, choosing the right bank for your business is […]
08
Sep
Sep
Confusion, frustration, and fear are all words that could easily describe the ever-changing COVID-19 eviction moratorium. As the months’ tick by, both landlords and tenants face uphill battles of a different kind. Plus, navigating the laws and relief program requirements can prove daunting. As the Federal Eviction Moratorium issued by the CDC expired, states and […]
27
Aug
Aug
Being a landlord is no easy task. While it definitely has its benefits, sometimes the negatives outweigh the positives. Managing the day-to-day rental properties can be a demanding, time-consuming job that can take over your life. If managing your investment has started to feel like a burden, you may already be looking for a solution. […]
10
Aug
Aug
The benefits of a working smoke detector are not hard to imagine. During a five-year period in the US alone, departments responded to over 350,000 residential fires. Whether accidental or intentional, dwelling fires are a significant risk to the safety of occupants, neighbors, and emergency services. In Maryland, new state laws several years ago aimed […]
05
Aug
Aug
In a competitive rental market, landlords have to make every effort to gain the attention of prospective tenants. With capturing the market share as a goal, evaluating employment rates, neighborhood growth, along with rental supply and demand are all key factors to an investor’s success. Today we take a look at a few essentials to […]
29
Jul
Jul
New or novice rental property owners may find that being a landlord entails more than they bargained for. That said, enlisting the help of one of Gaithersburg’s top property management companies is the next logical step. However, you may be unfamiliar with the responsibilities of a property manager and just how much they can benefit property […]