No one wants to hear the words “pest infestation.” This is a health hazard, but pests can also damage the rental property and cost hundreds to eradicate. So, as soon as you notice any pest or vermin, it must be dealt with as quickly as possible. That said, getting rid of unwanted pests is only […]
Category Archives: Tips for New Landlords
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Manassas, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
5 Common Plumbing Issues For Landlords to Watch For in a Rental
22
Aug
Aug
If you are a landlord, one of the last things you want to deal with is plumbing issues in one of your rental properties. However, these scenarios pop up from time to time and must be handled quickly and accordingly. Otherwise, you may end up with more damages within your rental than you bargained for. […]
14
Jun
Jun
The dream of any landlord is to have multiple well-qualified applications vying for their rental listing. However, if that becomes a reality, how do you decide? While this can seem like a good problem to have, it puts landlords in a difficult spot. Additionally, any decision made must comply with Fair Housing Laws. So, if […]
07
Jun
Jun
Most people across the United States place significant priority on homeownership. Whether it’s a small family looking for their first home or an individual looking to increase their independence, purchasing a home can be a rewarding investment for anyone. However, it takes a ton of planning and preparation to be done correctly. Some people would […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 10 Landlord Mistakes for New Rental Investors to Avoid
24
May
May
Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]
19
Apr
Apr
Choosing the perfect tenant for your rental property is just one of the many decisions landlords must make before the move in. Most property owners are familiar with charging new tenants the first month’s rent and a security deposit. However, the question remains – should you collect last month’s rent as well? This is something […]
12
Apr
Apr
Nothing brings Summer fun to a halt faster than a broken-down HVAC system. For tenants, this is an uncomfortable hassle, but for landlords, it is a potentially costly repair. Industry experts agree that the best way to prevent an unfortunate HVAC breakdown is through proper maintenance and care. However, some of that responsibility falls on […]
10
Mar
Mar
The first step to getting someone in your vacant property is attracting qualified leads. However, getting leads is not as easy as it sounds. You’ll want to have good rental property marketing strategies that secure quality tenant leads quickly and efficiently. It’ll be hard to organically find occupants for your rentals if you don’t work […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers
Should Landlords Consider Self-Showing Technology for Their Rentals?
04
Mar
Mar
Landlords are undeniably busy the majority of the time. With all of the daily responsibilities it takes to run a rental business, it can seem like there’s not enough time in a day. Luckily, with new technology coming out each year, there are ways for landlords to streamline some of their tasks. For example, self-showing […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management in Baltimore County, Property Management in Maryland, Rental, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Calculating and Claiming Depreciation at Tax Time for Your Rental Property
02
Mar
Mar
When you invest in something as large as real estate, you want to get as much back at tax time as you can. Most people have heard of the main tax write-offs, like mortgage interest, insurance, and repairs. However, one of the most significant deductions for landlords is depreciation. Savvy investors who want to make […]