Rent to own sounds like a great idea, but how much do you understand about how it works? Using the rent to own process as a way to invest in a home can be beneficial for some individuals but financial ruin for others. Carefully examining your motivation and goals before taking the leap will […]
Category Archives: Property Management in Prince George’s County, MD
Becoming a new landlord can seem like a daunting task, and indeed it is. To be successful, you need patience, planning, and impeccable attention to detail. But how else can you ensure a profitable investment experience? We have compiled some of the top tips from rental property management experts below to help get you […]
Losses can come in many forms, lost rent, damages, or unexpected lease breaks are just a few examples. How to handle these losses is an integral part of your College Park rental home management plan. Learn important distinctions regarding damages plus how to recover the loss by legally withholding rent below. What Are Security Deposits […]
COVID-19 continues to be in the news media as well as the thoughts of businesses and individuals throughout the state of Maryland. As Maryland and its individual counties resume daily activities, how is Prince Georges County reopening after COVID? Learn about the reopening of Prince Georges County MD after COVID plus current developments that may […]
A well-run company has a structured team and well-defined company procedures. Having structure is even more imperative in the property management world. Read on to learn how to structure your PG County property management company and the team within it. Who’s on Your Property Management Team A well-trained staff is vital for a good property […]
You have a lot of options when it comes to choosing a property manager, and the decision should not be taken lightly. Working with the right property management company can mean the difference between a thriving rental business and the possibility of foreclosure. Every property owner has unique needs, so there’s no perfect manager for […]
COVID-19 is changing the property management industry, but what changes will stick around after the pandemic? The industry had to adapt to stay successful through this time. With that said, new policies in the sector aim to keep tenants and staff safe. All while making things easier and creating an innovative solution to the stay […]
Under Maryland law, you do not have to accept housing applications for those on unemployment in Prince George’s County (PG County). However, some landlords do accept applicants whose income comes from unemployment insurance under specific stipulations, especially with how high the unemployment rate is right now due to the COVID-19 Pandemic. There are, of course, […]
Are you a PG County landlord and need to learn more about Business Interruption Insurance in Prince Georges County? You came to the right place! When owning a rental property (or properties) it is important to consider all possible scenarios, especially those that could interrupt rental income. COVID-19 is one of these unforeseeable crises that […]
Investing in rental properties near Washington D.C. allows for tax advantages that other investments don’t. One such benefit that landlords can take advantage of when income taxes come due is the ability to deduct expenses related to your rental property and rental income. As a real estate investor who rents property to others, a landlord […]