Property management is one of the most important aspects of any rental business. Unfortunately, hiring a bad property manager can significantly affect your bottom line. That’s why recognizing a bad property manager from the start can help you avoid lost rental income and potential legal issues. In the video below, we’ll review when to fire […]
Category Archives: Property Management in Prince George’s County, MD
10
Jan
Jan
Most tenants want to find a safe and secure rental home to treat as their own and will happily pay the monthly rate to do so. However, there’s always that small set of people who aim to mistreat the property or purposely refuse to pay rent. Today, we’ll review some characteristics of prospective “nightmare tenants” […]
24
Nov
Nov
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. […]
11
Sep
Sep
Investing in real estate is no easy task. Many may underestimate the time, money, and research needed to make a successful and profitable real estate investment. After all, you’ll want to find the right areas to invest in, choose the right property type, and take crucial steps to ensure your investment will flourish. To find […]
16
Aug
Aug
It’s no secret that the housing market has changed drastically over the past few years. Right now, we’re witnessing a housing shortage in 2023. However, it’s nothing new. Fewer available homes and increasing prices have become serious problems for buyers and renters all over the U.S. That said, it’s important to understand what causes a […]
26
Jul
Jul
Whether you’re a seasoned investor or a new rental property owner, there may be a time when you need legal advice for landlord-tenant issues. It’s crucial to stay up-to-date with federal, state, and local landlord-tenant laws to avoid potential issues. However, it’s important to know when to seek legal advice if you find yourself in […]
04
Jul
Jul
Making the right first impression is essential for both tenants and landlords. Therefore, as a property owner, providing new residents with a Tenant Welcome Letter is crucial in the rental process. Welcome letters greet residents while also providing them with vital information and policies. The move-in process can be a hectic and stressful time, so […]
12
Jun
Jun
Finding the right tenant for your rental property could prove to be a tedious process. After going to all of that effort, what happens when the tenant skips town, leaving your apartment sublet to someone else? What could easily become a landlord’s worst nightmare is also an avoidable situation. Join us below as we explain […]
09
May
May
Attracting higher-paying tenants for properties with higher monthly rent can be challenging, but it’s worth the investment. Such tenants require higher-quality properties, better advertising, and a strategic selling process. Additionally, landlords may need to adjust their rental property business to appeal to them. To learn more about attracting higher-paying tenants and keeping them in your […]
12
Apr
Apr
Whether saving for college, retirement, or just some rainy day spending money, many individuals are looking for ways to build an investment portfolio. Investing provides several opportunities to make money and potentially build long-term wealth. However, if you’re looking to invest in rental properties, there are several factors to consider if you want your business […]