Ideally, when a tenant decides to move on, they provide the landlord with ample notice per the terms of their lease. However, owning and managing a rental property is not always so simple. Occasionally a tenant may break the lease or abandon the property with no evidence of an intent to return. So, while it […]
Category Archives: Property Management in Prince George’s County, MD
24
Jun
Jun
The goal of any rental property business is to generate sustainable income and profit. However, even as the profits begin to roll in, it is important to plan for every contingency. Most rental markets experience some ebb and flow throughout the year. So, careful financial planning will ensure you save exactly what you need to […]
28
Apr
Apr
Virtual home tours are a popular way to showcase a rental property. However, the COVID-19 pandemic made virtual touring a necessary ingredient to success. Using these models allows the viewer free reign to explore the property from the comfort and safety of their own home. Essentially, this creates a 24/7 open house! That said, Matterport […]
17
Dec
Dec
Investing in residential real estate as a way to use passive income to build wealth. Successful investors know that owning a rental property diversifies your portfolio and creates steady income. That said, jumping into buying your first property can be a daunting task. It is important to know your financial capabilities, future goals, and […]
24
Nov
Nov
Purchasing rental properties is a great way to create passive income and long-term wealth. To help you get there, choosing the right property, and knowing how to run the numbers is vital. The question on many investor’s minds is how to get started? Below we take you through the key factors for successful rental property […]
27
Oct
Oct
Prince George’s County is in the heart of the exciting Washington DC metro area just minutes from Downtown. While COVID-19 has dampened many plans over the past several months, PG County still has some fun Fall activities and things to do. Take a look at attractions and events you can still take advantage of, […]
28
Sep
Sep
Owning rental property is not without challenges and complications. That is why many landlords choose to hire a property management company to handle such tasks as finding quality tenants, collecting rent, and scheduling routine maintenance. Though it may seem like property management and rental property maintenance are the same, they are two separate things. […]
27
Aug
Aug
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 […]
11
Aug
Aug
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 […]
28
Jul
Jul
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 […]