Becoming a landlord isn’t as easy as buying and renting a home. In order to rent out a home as part of your rental business, you must obtain the correct licensing and meet the requirements. One essential part of owning a rental business is getting a certificate of occupancy. Read along as we discuss what […]
Category Archives: Property Management in Washington, D.C.
Home and rent prices continue to rise as the year continues. With high inflation and increasing rent prices, the 2022 real estate market makes it difficult to find reasonable housing. As such, tenants must do research and shop smart while looking for a new rental home. If you want to know what you can get […]
Many areas throughout the United States are experiencing a rental housing shortage. Investors and housing authorities must work together to find solutions to reduce the shortage. One idea is to convert unused offices into multi-family housing. Is this a good idea? First, let’s go over some causes of the rental housing shortage and potential solutions […]
Let’s face it. Sometimes, accidents can happen within a rental property. Whether you accidentally break a window or your pet causes floor damage, it’s not uncommon for these scenarios to occur in a rental. However, even if it’s not your fault, it’s crucial for tenants to report any accidental damages to landlords or property managers. […]
Before investing or moving into a new area, it doesn’t hurt to look at rental price trends. After all, if you’re moving to a new city, you’ll want to know what to expect to pay for housing. On the other hand, if you’re looking to invest, it’s important to pay attention to rental price trends […]
All landlords have a goal to rent to tenants that will pay in full and on time. One way to widen your prospective tenant pool is to accept Section 8 tenants. While it may seem worrisome for some landlords, there are several benefits to accepting tenants with a Housing Choice Voucher. After all, in a […]
If you own rental properties, you know that sometimes there are periods of vacancy between tenants. While it’s not ideal to have an empty rental property, property turnover is a significant responsibility for rental business owners. As a property owner or manager, there are steps you can take to ensure minimal vacancy. Read along as […]
In a competitive rental market, every lead is vital. After all, a high tenant turnover rate can wreak havoc on your annual profit, which is why placing tenants efficiently is so important. However, not every prospective applicant that wants to see your rental property will meet the qualifications. That said, placing a bad tenant causes even more […]
Spring is an exciting time that signifies the start of warmer weather for most people. However, if you live anywhere near Washington DC, it’s more than that. Most people in this area look forward to the blooming of the cherry blossom trees and Washington DC’s Cherry Blossom Festival. However, if you don’t live there, you’re […]
The landlord-tenant relationship can, at times, be a trying one. That said, in many cases, these issues are easily resolved with professional communication and a little understanding. However, when situations escalate, property owners may find themselves accused of landlord harassment. Also, a dreaded landlord harassment lawsuit can deplete profits, not to mention valuable time. So, […]