You might find it difficult to work productively every day, especially when you’re a Baltimore County landlord with tons of tasks that need to be completed. It’s often tempting to get distracted by a time-waster like social media and let that distraction take over your day. While it’s perfectly fine to take breaks from […]
Category Archives: Tips for New Landlords
04
Nov
Nov
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 […]
28
Oct
Oct
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 […]
27
Oct
Oct
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 – […]
23
Oct
Oct
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 […]
21
Oct
Oct
If you don’t run your rental property business with care, you could easily face costly lawsuits and stressful conflicts with tenants on a regular basis. This applies not only to Howard County landlords, but to landlords all over Maryland and the rest of the United States. That’s why it’s important for you to prioritize landlord […]
15
Oct
Oct
Entering into a lease agreement with a tenant is not something to take lightly. Lease agreements are legally binding contracts, holding both tenant and landlord to any and all conditions of tenancy once signed, so as long as they do not conflict with any state or local laws. As a landlord, it is your responsibility […]
12
Oct
Oct
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 […]
08
Oct
Oct
“Going green” is not just a fad these days. It’s a real and conscious effort by a large group of people that hope to better the environment we live in by conserving the Earth’s precious resources. More so, the idea that only homeowners can go green is fading as tenants of rental properties, landlords, and […]
07
Oct
Oct
As a landlord, you undoubtedly already know that high tenant turnover can be costly. It’s much easier and cost-effective to retain good tenants than it is to advertise your property and try to find new ones. But what happens when you need to raise the rent? Whether you want to do it because of property […]