There are 78.6 million Americans that can be classified as millennials today. Making up a staggering 26.3 million American households, it is no wonder landlords are tapping into millennials’ desires to continue renting as opposed to becoming homeowners. Millennials have quickly become the nation’s largest generation, even outnumbering the Baby Boomers. And, despite it being 23% cheaper to […]
Category Archives: Tips for Landlords
01
Mar
Mar
Many people decide to start a career as a self-employed landlord to avoid having to work for someone else and handle unwanted tasks. however, they quickly learn that unpleasant tasks can be an everyday part of being a landlord, no matter how much experience they have in renting properties. If that situation sounds all too […]
24
Feb
Feb
Many landlords get into the rental property business with the dream of securing passive income. Income to pay the bills, fund fancy vacations, and maybe even secure a long retirement, all without having to do any work. While passive income can become a reality for many involved in real estate, it is important to remember that […]
22
Feb
Feb
You’ve finally found the perfect rental property for your rapidly growing Howard County property management business, but maybe you have a few questions about the area you found it in. How safe is the neighborhood? What demographic will be attracted to living in this area? What should a landlord really know about the community? It’s time to […]
17
Feb
Feb
Have you ever considered the fact that owning a rental property may not be a safe investment, as you may have been told? If not, it is time you started. This is not to dissuade you from wanting to invest in rental properties. In fact, it is far from it. The important takeaway here is the […]
15
Feb
Feb
Being a successful Maryland landlord means learning how to make good business decisions that will power your career forward. Sometimes, that involves deciding which tenants should live in your property, picking properties based on how profitable they are likely to be, or finding a good mentor who can give you helpful advice when needed. […]
27
Jan
Jan
You try your hardest to follow the best landlord practices, build positive relationships with your tenants, and stay organized, but you still find yourself stressed at the end of each day. It’s affecting you, and you might even be considering giving up your career as a landlord in favor of a less stressful career path. […]
25
Jan
Jan
Owning rental properties is no cake walk. Although many people have the impression that landlords purchase properties, sit back, and watch the cash flow in, that can be very far from the truth. Honestly, there is a lot of work that goes into being a landlord, and owning rental homes has its fair share of […]
20
Jan
Jan
Owning rental properties in the greater Baltimore area of Harford County has its definite advantages. With its perfect blend of beautiful landscapes, exciting city life, historical monuments, and plenty of entertainment options, it would seem this would be the perfect place to reap rental property benefits. However, owning rental property, regardless of its location, has […]
07
Jan
Jan
Whether you’re a seasoned or aspiring landlord, you may have questions about the way your rental property business can be legally structured. You might not be sure about the best option based on your personal needs, liability concerns, and other factors. Today, we’re going to discuss one type of business structure that landlords commonly use: […]