Obtaining a security deposit is one of the most important things a landlord can do before renting out their Howard County property. In fact, those that do not require a security deposit from their tenants often face many costly expenses when their tenant moves out. Unfortunately this leaves the landlord responsible for damage to their […]
Category Archives: Property Management
Aspiring landlords may think that renting out properties is a quick, easy way to make a substantial amount of income. However, seasoned landlords know the reality of the situation – lots of hard work (not to mention time) is required to achieve financial success. You can’t just buy any property and rent it out – […]
Renting a home comes with its fair share of benefits for tenants, one important one being minimal maintenance responsibilities. However, it is important that your Baltimore County tenants understand the role they play in rental home maintenance and know that some maintenance issues can and should be handled themselves. Although it is normally required that […]
If you don’t run your rental property business with care, you could easily face costly lawsuits and stressful conflicts with tenants on a regular basis. This applies not only to Howard County landlords, but to landlords all over Maryland and the rest of the United States. That’s why it’s important for you to prioritize landlord […]
Entering into a lease agreement with a tenant is not something to take lightly. Lease agreements are legally binding contracts, holding both tenant and landlord to any and all conditions of tenancy once signed, so as long as they do not conflict with any state or local laws. As a landlord, it is your responsibility […]
“Going green” is not just a fad these days. It’s a real and conscious effort by a large group of people that hope to better the environment we live in by conserving the Earth’s precious resources. More so, the idea that only homeowners can go green is fading as tenants of rental properties, landlords, and […]
As a landlord, you undoubtedly already know that high tenant turnover can be costly. It’s much easier and cost-effective to retain good tenants than it is to advertise your property and try to find new ones. But what happens when you need to raise the rent? Whether you want to do it because of property […]
As a Maryland landlord, you can’t just “wing it” when it comes to handling security deposits. You have to follow specific procedures and adhere to Maryland laws (whether you’re in Prince George’s County or elsewhere in Maryland). Otherwise, you could end up in court and/or owe your tenants a lot of money! To help you […]
If you have a lot of experience renting out properties, you’ve likely dealt with many no-shows. You know how it goes – you take valuable time out of your day, drive out to your property, and prepare mentally to walk a tenant through what could be their future home. But then, no one ever shows […]
As a landlord in Howard County and throughout Maryland, your job is rarely hands-off. You have to interact with your tenants for a variety of reasons. Luckily, there’s an efficient and legal way to do this: notices. Notices are legal forms used by landlords and property managers to communicate intentions for the property or to […]