Have you ever wondered if 3D virtual tours are an effective strategy for your property management business? 3D virtual tours have certainly gained popularity in rental property management, including single-family properties. In 2020 Redfin reported that views of 3D virtual tours were up by 303%. When looking for a home, about 31.5 percent of respondents […]
Category Archives: Tips for Landlords
03
Mar
Mar
One of the most common questions for landlords is, “how much should I charge for rent?” While this is a good question, there are several considerations property owners must first address to arrive at a rental fee. For instance, what are the neighbors like, and what does the property offer? Luckily, multiple tools, resources, and […]
27
Jan
Jan
Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]
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 […]
06
Jan
Jan
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
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 […]
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 […]
11
Nov
Nov
One of the biggest decisions that landlords make is where to invest in rental property. Along with researching the local markets, it is important to realize that some states tend to favor landlords. Historically, Northern states benefit renters while Southern states tend to side with property owners. That said, owners must consider several factors such […]