Category Archives: Property Management in Philadelphia

If the purpose of an investment property is to provide an income for the property owner, then it can be an entirely frustrating situation when a tenant becomes delinquent on his or her rent. What can a landlord do with an unruly tenant? In most cases, landlords turn to the legal system and begin the […]

Flood prevention is an essential part of managing a rental property as damage from flooding can lead to expensive repairs and loss of income. The weather can often be unpredictable, but the path of flooding from natural events can be anticipated as most floods occur in subterranean areas like basements or basement apartments. Here are […]

One question we frequently get from landlords is what can be done to add value to their rental properties. Last time, we discussed how to upgrade your kitchen to improve the quality and achieve a higher rent. This time, we’ll go over a few items that do not add much value to a rental property […]

While looking for a home to lease, renters tend to have a list of requirements that their new home should meet. These include the total number of bedrooms, total square footage, storage options, pet options, and similar checklist items. Once these basic needs are met, the next thing people look at is the kitchen. There’s […]

When investing in a rental property in PA, the incentive is often to find something with a very low purchase price to increase the profits from the rental income. In most cases, investors looking at single-family homes at rock-bottom pricing are looking to purchase through a sheriff’s sale, an REO bank-owned house, or a private […]

Rather than waiting for tenants to report every problem, having a proactive approach to your assets will save you money in the long run. Most Philadelphia landlords are aware of the benefits of cleaning, making repairs promptly, and performing proper maintenance on items such as roofs and gutters. However, several less obvious things can be […]

Creating a living space that appeals to a broad range of potential tenants can be tricky, especially if interior decorating isn’t your specialty! Many times, investors and landlords are searching for simple color recommendations to use in their properties that will make the space look great while also being simple enough that virtually anyone could […]

The federal government banned the use of lead-based paint in 1978. According to the 2015 American Community Survey 5-year estimates, 69 percent of Pennsylvania homes were built before 1978. So, roughly 86 percent of the homes in the City of Philadelphia were constructed before the mandated change. While the state of Pennsylvania does not require lead-based […]

As a Philly rental property owner, you know one of the most commonly asked questions from potential tenants is, “Do you allow pets on the property?” Despite the horror stories you may have heard from other property owners, adjusting your rental property pet policy to allow for some animals comes with a number of benefits. […]

Investing in single-family and multi-family homes around universities can be a challenge for some investors, but it is also an endeavor that can pay off when done correctly. Before diving into investment property in a university town, here are a few things to keep in mind so you can find success. Location is Critical Your […]