Are you tired of handling your day-to-day landlord responsibilities on your own? If so, you’re likely considering hiring a property manager to help make your rental property business less demanding. However, if you choose the wrong property manager, your decision could backfire, making your job as a landlord even more stressful. That’s why it’s important […]
Category Archives: Property Management in Maryland
Water and energy conservation are at the forefront of many peoples’ minds. As the cost of energy continues to rise, major droughts are also becoming a real threat in regions all across the country. Thus, as the number of people wanting to become environmentally friendly with their daily activities increases, it is important as a rental property […]
Being a landlord seems easy from the outside looking in. All you have to do is buy properties and find tenants to live in them, right? Unfortunately, no. Much more goes into it, including time, money, management skills, and more. Landlords have several expenses to consider aside from the price of buying investment properties. Today, […]
Did you know that the country’s rent index increased at an annualized rate of 3.6% in 2017? At the time, that was a significant increase compared to previous years. However, since then, we’ve seen even larger increases. From 2021 to 2022, we saw average rents increase by 14.07%, one of the largest increases since 2017. […]
You may feel that investing in energy efficiency for your rental properties is not the best use of time and money. After all, you are not the one living in the property and, therefore, will not reap any of the benefits. However, you couldn’t be more wrong. Today, we’ll go over nine ways to increase […]
Getting into the rental property business is exciting, especially if you are a new landlord. With the dream of making money, whether just to supplement your current income or become financially independent from the grind of the corporate world, there is much to look forward to! Luckily, most people who make rental property investments succeed […]
You might not think about it every day, but your tenants are taking note of the experiences they have in your rental properties. And someday, they may just share those experiences publicly online. Since consumers these days turn to online reviews to help them make purchasing decisions, your reviews are more important than ever. But […]
Investing in a rental home often means getting a great deal on a property that needs some upgrades. With the overall goal to make your investment property appealing in order to get the highest rent rate possible, it is sometimes necessary to go beyond fixing the required damages that exist; sometimes, you need to take […]
Dealing with late rent payments can be frustrating and costly for landlords, especially when it’s a recurring problem. Late rent payments can even lead to more significant hassles, like going through the eviction process. That’s the last thing you want to deal with as a landlord! If you’re getting late rent payments from your tenants, […]
The worst thing for any landlord is having a vacant property. Not only does vacancy mean no money is coming in, but landlords also have to invest time and money in finding new tenants. That said, the strongest rental businesses have low turnover among their tenants. This keeps their cash flow steady and reduces costs. […]