As a landlord, you undoubtedly already know that high tenant turnover can be costly. It’s much easier and cost-effective to retain good tenants than it is to advertise your property and try to find new ones. But what happens when you need to raise the rent? Whether you want to do it because of property […]
Category Archives: Property Management in Maryland
02
Oct
Oct
As a Maryland landlord, you can’t just “wing it” when it comes to handling security deposits. You have to follow specific procedures and adhere to Maryland laws (whether you’re in Prince George’s County or elsewhere in Maryland). Otherwise, you could end up in court and/or owe your tenants a lot of money! To help you […]
01
Oct
Oct
If you have a lot of experience renting out properties, you’ve likely dealt with many no-shows. You know how it goes – you take valuable time out of your day, drive out to your property, and prepare mentally to walk a tenant through what could be their future home. But then, no one ever shows […]
29
Sep
Sep
As a landlord in Howard County and throughout Maryland, your job is rarely hands-off. You have to interact with your tenants for a variety of reasons. Luckily, there’s an efficient and legal way to do this: notices. Notices are legal forms used by landlords and property managers to communicate intentions for the property or to […]
23
Sep
Sep
Many full time jobs allow employees to take a couple of weeks every year for vacation. Unfortunately, landlords often don’t have that luxury because taking care of tenants and properties requires 24/7 availability. Because of this, landlords often completely avoid taking vacations, which can cause burnout and frustration. While you might think working all of […]
17
Sep
Sep
If you’re like many Prince George’s County landlords, you might worry that renting to college students will mean dealing with constant partying in your property, unwanted long-term guests, and costly damages. That may be true sometimes, but what you may not realize is that renting to students can be very lucrative, if done correctly. Whether […]
03
Sep
Sep
First Impressions Matter Let’s say you’ve just brought a prospective tenant to view your Howard County property. Put yourself in their shoes for a second – what’s your first impression of the property when you look at its exterior? It might be tough to form an unbiased opinion, but envision your property and try your […]
One of the first things successful landlords tell anyone thinking of renting out a property is to always select good tenants. It doesn’t take much for a bad tenant to turn your profitable investment into a money-losing nightmare. There are many federal, state, and local laws that limit the control you have to refuse to […]
24
Aug
Aug
Part of being a good landlord in Maryland is keeping your property in good shape. What better way to do that than add a fresh coat of paint? A good paint job is an affordable change that can have a major positive impact on the quality of tenants you attract. After all, your tenants want […]
19
Aug
Aug
Being a Howard County landlord sometimes means dealing with narrow margins on your rental income. When repairs need to be made, most landlords are tempted to do all of the repairs themselves. But, sometimes making the repairs yourself is more expensive than simply hiring a professional to do the work. When you are trying to […]