Do you own a house or apartment building that you can rent out to tenants to generate income? If you answered yes then you should jump at the opportunity. Becoming a landlord is a fantastic decision for anyone who wants to create an income stream for themselves at any point in their lives. But if […]
Category Archives: Tips for New Landlords
13
Jun
Jun
If you own rental property in the Howard County area, chances are you have considered hiring a property management company at one point or another. After all, the right property management company can handle the time-consuming tasks and stresses related to leasing your rental home. As a landlord, it is important you feel reassured that […]
24
May
May
Being a Baltimore landlord is already a complicated job, and the last thing you want on top of all your other duties is to land in legal troubles with a tenant. Not only can a lawsuit be a huge financial burden – it can waste your time and cause you tons of stress. If you’re […]
17
May
May
If you have been in the Baltimore County rental property business for a while now, surely you have benefited from reading our money saving tips when it comes to being a landlord. After all, regulating investment property expenses is essential to maintaining a positive cash flow and ensures your rental property costs do not break […]
11
May
May
As housing prices continue to increase, the time to capitalize on the value of your property is now. The question is: How? Appraisals are based on recent sales prices of comparable properties. They’re also meant to be coldly objective. The square footage, amenities, materials used in building, and the condition it’s in all figure into […]
26
Apr
Apr
Working with a property management company can eliminate a lot of the stress and hassle that comes with managing rental properties, especially in the large region of Baltimore County. In fact, here are some of the main reasons you should consider hiring a property management company, regardless of how many rental properties you currently own: […]
22
Apr
Apr
Most landlords know and understand the importance of renters insurance. Not only does it protect your tenants in the case of an emergency, it adds an extra layer of protection to you and your Howard County rental property. And while many tenants also share the belief that renters insurance is worth the small investment made […]
21
Mar
Mar
Some landlords seem to have it all: they make a nice a chunk of money each month from their rental property investments, their tenants love them, and they’re able to take vacations without their business suffering. On the other hand, less successful landlords are often forced to deal with lots of stress, difficult tenants, the financial […]
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 […]
01
Feb
Feb
You’re an up-and-coming landlord, and you’ve fallen in love with your career. But sometimes, you can’t help but wonder what you could be doing better. You see that other local landlords are reaching success faster, finding better rental properties, and making more money. And you want to learn the secret to success. What’s the best […]