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 […]
Category Archives: Tips for New Landlords
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 […]
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
11
Mar
Mar
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. […]
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 […]
28
Feb
Feb
Spring is an exciting time that signifies the start of warmer weather for most people. However, if you live anywhere near Washington DC, it’s more than that. Most people in this area look forward to the blooming of the cherry blossom trees and Washington DC’s Cherry Blossom Festival. However, if you don’t live there, you’re […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Maryland, Property Management in Montgomery County, MD, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Balancing Human Interaction and Property Management Technology
23
Feb
Feb
In today’s day and age, rental property management technology is very prevalent and extremely useful. However, some landlords and tenants want to preserve human interaction. After all, human interaction is beneficial for both parties to better understand who they are dealing with. On the other hand, property management technology is also great because it helps […]
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
22
Feb
Feb
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 […]
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
21
Feb
Feb
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 […]