Maintenance and property upkeep can be a nightmare for many owners in and around Richmond. For instance, unexpected appliance breakdowns, forgotten routine maintenance, and unusually harsh weather can all lead to maintenance problems that eat into profit. Fortunately, there are proactive ways to reduce costs over time, including scheduling routine upkeep, investing in quality supplies […]
Category Archives: Property Management
20
Jan
Jan
First impressions are vitally important in business. For landlords, this begins the very first time a prospective tenant reaches out. To create a great landlord-tenant relationship, the goal is to continually foster positive interactions, including during move-in. Providing new residents with a tenant welcome packet can help set the tone for the rest of the […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management in Pennsylvania, Property Management in Philadelphia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
10 Tax Deductions That Landlords Miss: A Guide for New Investors
02
Jan
Jan
Tax time is a particularly stressful time for most people, especially rental investors. After all, landlords need to determine what they can write off without making mistakes on their legal tax documents. Unfortunately, deductions sometimes get missed, excluding some significant tax benefits. To avoid missing out on tax benefits, read along as we go over […]
25
Nov
Nov
A chill is in the air, and that means the holiday season is once again upon us. After the dark days of the pandemic, this is the perfect time to get into the festive spirit. Of course, that means putting up some colorful and bright decorations. But for renters, holiday decorating often involves dealing with […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Carroll County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
Avoiding Landlord-Tenant Disputes: Top Tips for Property Owners
22
Nov
Nov
Understanding how to professionally and calmly handle landlord-tenant conflicts is an essential part of the job. Although most people avoid confrontation, it may be your job as a landlord to settle an uncomfortable situation. So, let’s go over some ways to resolve landlord-tenant disputes if you are a property owner. What Causes Landlord-Tenant Disputes? Many […]
21
Nov
Nov
When you own rental properties in regions with a lot of snow, you have to plan for snow removal before the first flakes fall. When you create a lease for your rental property, it’s crucial to determine who is responsible for maintaining snow removal. That said, it’s different depending on what type of property you […]
17
Nov
Nov
Think you’re ready to become a full-time landlord? While becoming self-employed can be exciting, it can also be scary and take a significant toll on you financially if you aren’t prepared. So, you need to plan ahead and understand exactly what you’ll be responsible for as a full-time landlord. Follow these tips if you want […]
03
Nov
Nov
Real estate is a complex, exciting, and potentially profitable industry. Understanding the market is key to your success whether you are a real estate agent, investor, or buyer. Join us below as we review some key figures and market statistics for investors. Find out what’s impacting the 2023 market and some interesting real estate facts […]
11
Oct
Oct
Preventing Pest Problems in Rental Properties No landlord wants to deal with pest problems in their rental homes. However, preventing infestations and managing pest control are major parts of a landlord’s job. Pest problems that go ignored can worsen and create more extensive issues, including health complications. As a landlord, it’s essential to set clear […]
06
Oct
Oct
In 2020, the property management industry topped out at over 88 billion dollars in the United States. Steadily expanding since 2017, the property management industry provides a wealth of opportunities for professional and financial growth. Becoming a property manager is a great career for driven individuals with a passion for working with people. Join us […]