October typically signals the beginning of the offseason for rental property owners. Not many people are willing to move during the colder weather, so Maryland rental property owners often have trouble finding tenants in the winter months. Traditional marketing and advertising methods may be effective, but MD property owners will likely notice fewer leads and […]
Category Archives: Property Management in Prince George’s County, MD
20
Nov
Nov
Rental property ownership in Montgomery County (MOCO) and Howard County (HOCO), Maryland requires special rental licensing and registration. Each county has specific rental license requirements and processes according to the type of property you own (single family vs. multi-family). As the property owner, it’s your responsibility to successfully navigate the rental license process before welcoming […]
22
Dec
Dec
Self-managing your Laurel rental property may sound like a good idea initially. However, what you may not realize when you get into the rental property business is how much work is involved, and how much money needs to go into properly managing every aspect of your tenant’s stay in your investment property. Not understanding the […]
20
Nov
Nov
Though there are always exceptions, your typical lease agreement will probably last for one year. After that, you and your tenants will have the choice to sign a new lease agreement for another lease term. If you have high quality tenants living in your rental property, and you seek to build a successful rental property […]
25
Oct
Oct
Collecting rent from your tenants in Bowie, MD is one of the most important tasks assigned to your property management company. After all, once rent is collected from your tenants, you get paid. Today, we are going to look at some of the steps required to collect rent from your tenants, as well as some […]
08
Aug
Aug
Your Prince George’s County tenants have a legal right to a safe and habitable place of living when leasing from you. And, it is probably safe to say that you too want to provide a safe and habitable place for your tenants, regardless of whether it’s the law. But how do you know if your […]
12
Jul
Jul
There are many ways you can collect rent from your Prince George’s County tenants. And, while you may not place much thought into your accepted forms of payment, the ways in which you collect rent may be more important than you think. Being able to collect rent on time every month, from every tenant you […]
07
Jun
Jun
Being a property owner comes with a lot of stress. In addition to managing your rental property, as a property owner you must balance your work with everything else in your life. This includes family and friend obligations, other work commitments, and free time. Not to mention, property related tasks such as rent collections, routine […]
11
May
May
One of the biggest challenges property owners in Prince George’s County face is collecting rent from tenants. Though ideally every tenant will pay rent in full and on time every month, all property owners know that this is not always realistic. There will be a late paying tenant at one point or another; it just […]
01
Feb
Feb
As rent prices continue to grow upwards of 1.0% in Maryland, those in Prince George’s County that are interested in becoming rental property owners, or better yet already are in the rental property business, should take notice. Many property owners enter the rental market in hopes of creating a passive income to fund their vacations, […]