For Montgomery County property owners, having a vacant rental property is something you never want. Even if you are currently dealing with an eviction, at least in that situation there are avenues for recouping your financial losses. However, with a vacant property, you are making no money. In fact, you are losing money. Unfortunately, vacancies […]
Category Archives: Tips for Landlords
21
Dec
Dec
Listing your Howard County vacation rental property on your own can be quite complex if you have never officially advertised a vacant property before. Some property owners may believe they can handle things on their own—they are amateur photographers and know a bit about advertising when it comes to listing vacation homes on platforms such […]
07
Dec
Dec
More than ever, especially in areas such as Montgomery County, leasing rental properties has become an important part of how people live. One such is example of this is seen in the millennial generation. With housing costs that continue to remain high, millennials are choosing to put off having families and purchasing homes. Couple that […]
06
Dec
Dec
As a Montgomery County rental property owner, you are entitled to implement your own pet policies. In other words, you get to decide whether to allow your tenants to have pets while residing in your property. But what if you have decided not to allow pets in your rental property and one of your tenants […]
28
Nov
Nov
Discovering that an unauthorized person is living in your Montgomery County rental property can be a very stressful situation. It is your responsibility, as a rental property owner, to maintain the property that your tenants reside in. It is also your duty to ensure that whomever is living in your investment property is authorized to […]
22
Nov
Nov
Deciding to start your own Montgomery County rental property business is an exciting time. There is so much that goes into investing in your first property, placing your first tenants, and of course, managing your first rental property. And, if you choose the hands-on approach and decide to manage your own property, you get to […]
21
Nov
Nov
Speed vs. Quality: Interviews and Screening Tenants Most landlords dream of filling a vacancy almost immediately. But, when trying to put someone into their empty properties as quickly as possible, they often ignore proper screening processes. If you don’t go through the proper screening and interview process, the tenant may end up violating the terms […]
10
Nov
Nov
Homeowners associations in America don’t have the best reputation. They have a history of complaints of abuse, mismanagement, and wasted finances, and things don’t seem to be changing. However, there are some benefits to investing in a home that is part of an HOA. The best thing to do is, before you invest in a […]
20
Oct
Oct
Rental fraud: What is it and how can Maryland landlords avoid it? For those of you who have yet to experience the horror of rental fraud, we are here to explain to you exactly what it is. Rental fraud is when someone who is not you or your Maryland rental management company claims to own […]
09
Sep
Sep
Collecting rent is one of the most important tasks you’ll handle as a landlord. If you can’t collect rent consistently, your rental property business won’t earn you the income you need to pay the bills. And for some landlords, collecting rent can be a serious challenge. Even with a solid lease agreement in place – […]