Once your Bethesda property management company has found a suitable tenant for your rental home, and you have agreed on the terms and conditions of the lease, it is time to place those terms on paper in the form of a legally binding contract.This contract, also known as the lease agreement, is a formality that […]
Category Archives: Property Management in Maryland
26
Sep
Sep
These days, Montgomery County income property owners are no longer leaving the fate of their rental properties up to chance. Instead, they’re taking control of the outcome of any potential disaster by requiring their tenants obtain renter’s insurance. By doing so, they’re making their lives a whole lot easier. Renter’s insurance can be a great idea for […]
20
Sep
Sep
When people look for a rental property to live in, they might first look for a “nice” neighborhood. In fact, you’ll probably never come across someone who says, “I want to live in the roughest neighborhood in the area!” As a result, you might feel that purchasing a rental property in a not-so-nice neighborhood is […]
15
Sep
Sep
If you’re interested in becoming a property owner in Maryland, I have some exciting news for you: Now is a great time make it happen. More and more people are opting to rent rather than own due to the high costs of home ownership, the desire to change location frequently, and various other reasons. On […]
15
Sep
Sep
As a Washington, D.C. rental property owner, you agree to lease your rental home to tenants, for an agreed upon amount of time. This lease agreement establishes the relationship between landlord and tenant and many times involves the help of a D.C. property management company.With a signed lease agreement, the tenant receives legal possession of […]
09
Sep
Sep
Collecting rent is one of the most important tasks you’ll handle as a landlord. If you can’t collect rent consistently, your rental property business won’t earn you the income you need to pay the bills. And for some landlords, collecting rent can be a serious challenge. Even with a solid lease agreement in place – […]
01
Sep
Sep
When a new tenant moves into your property, it’s time to start generating income from your investment. And not just from the first month’s rent – you have two other instant revenue options as well: the last month’s rent and the security deposit. Both of these are excellent ways to test a tenant’s financial stability […]
22
Aug
Aug
As rental rates continue to rise nationwide, even in Howard County, Maryland, and mortgage interest rates become more forgiving, purchasing a rental property makes more sense than ever before. After all, investment properties in Columbia offer great supplemental income and can even turn into a full-fledged rental property business if done right. But what if […]
05
Aug
Aug
Becoming a Prince George’s County landlord is simple. Buy a property, place some tenants, collect rent, and call yourself a landlord. Right? Wrong. Though at its core being a landlord is exactly that, the truth is there is much more to being a PG County landlord, especially if you want to be successful. You must […]
21
Jul
Jul
If you own a rental property in a prime vacation spot, you have probably questioned whether it is better to lease your home to as a short-term rental to those on traditional vacations or on more of a long-term basis. Independent property owners and property management groups looking to lease out rental properties for varied […]