To sell or rent – that is the question. However, the answer is not a simple one. Owning rental properties can be a lucrative long-term investment and provide a steady source of monthly income. That said, many areas across the country are experiencing a strong sellers’ market, leaving owners wondering if they should cash in […]
Category Archives: Tips for Investing in Rental Properties
If your kitchen doesn’t give you the impression of being “the castle,” it may be time for a renovation. Kitchen renovations are an excellent way to add some flare to your home and increase its value. Whether you’re planning to sell your house or just feel it’s time to give your kitchen a mere facelift and […]
A real estate purchase agreement is essential in the real estate buying and selling process. This document, or sometimes sets of documents, covers all critical terms of a sale. That way, both parties know what to expect from the agreement, property disclosure requirements, and legal remedies in real estate. With all the essential elements included, […]
Maintenance and repairs are some of the biggest expenses for rental property owners. However, learning how to complete simple DIY repairs and knowing when to call experts is important to managing costs. For example, unclogging a toilet could be an easy DIY fix, but hiring a professional plumber can run anywhere from $150 to $700! […]
For as long as the rental industry has been around, scammers have been looking to take advantage of both landlords and tenants. Whether you are searching for or listing an apartment to rent, understanding the potential for scams will help keep you protected. So, join us below as we discuss common tenant scams, what to […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management In Montgomery County, PA, Property Management in Pennsylvania, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
How to Choose the Best Contractors for Your Rental Property
Maintenance in a rental property is inevitable. But, how can investors be sure they are hiring the right person for the job? Rental property contractors are typically easy to find, but investors need to find the right person for the job at hand. That said, finding a reputable, licensed contractor is more complicated than it […]
Not long ago, wealthy people were often seen buying property for investment on the outskirts of major cities. However, more than ever, urban centers are less deprecated, and neighborhoods in even the most run-down parts of major cities are being revitalized and transformed. That’s why it may just be the best idea ever for landlords […]
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
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 […]
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
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 […]
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 […]