If you’re looking for a great way to make some income in addition to your full-time job (or to make enough income to replace it), you’ve probably considered starting a rental property business. But maybe you’re feeling uncertain about how it all works. Specifically, you might be wondering what options you have when you’re looking […]
Category Archives: Tips for Landlords
As a landlord, you do not want just anyone leasing your rental home. You want good quality people that will pay their rent on time, respect your property, and follow the terms of the lease agreement. As if handling a rental property wasn’t enough, the last thing a landlord, or their Howard County property management […]
Did you know that 60% of renters are under the age of 40? Many of these renters are millennials, ranging in age from 18 to 34 as of 2015. Often, they prefer renting over home ownership because: They are paying off huge amounts of student debt and cannot afford home ownership. Their career requires them […]
Holding an open house is one of the most effective ways to attract new tenants to your property. At first, this may seem like the easiest process ever. You might think that all you need to do is open the doors and let whoever shows up walk inside and look around. But it isn’t always […]
Mold contamination in homes, offices, and other indoor environments have been on the rise over the past 20 years. Though no one wants to hear that their rental home has mold polluting the air their tenants breathe, it is more common than one might like to admit. Unfortunately, discovering mold in your rental property can […]
Buying a property with the intention of using it as a rental can be a sound financial investment. However, there is more to renting out a property in Montgomery County than simply purchasing a home and finding tenants to pay your mortgage for you. It is important new landlords choose the right property in order […]
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 […]
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 […]
As a first-time landlord, owning a rental property can quickly become an overwhelming experience. But, as with any business venture, the proper planning and resources are crucial. Fortunately, there are various tools available that help owners get their bearings, plot a course, and ensure success. So, join us below as we look at some of […]