Often insurance is one of the last loose ends people tie up before renting out their property. However, insurance should be more than just an afterthought. If you don’t have the right policies, not only are you putting your investment at risk, but you could also put your entire financial well-being in jeopardy. No […]
Category Archives: Tips for New Landlords
15
Jul
Jul
Even the most conscientious landlord can’t control everything. Much of the risk involved in investing in rentals is the unpredictability of the tenants. One of the newest ways tenants are creating problems for Baltimore area landlords is by trying to make money from the fast growing startup Airbnb. What is Airbnb? Airbnb is a marketplace […]
14
Jul
Jul
Being a landlord can be challenging. It often takes some time to figure out the best ways to deal with everything from tenants to taxes. But, you don’t have to figure everything out on your own. All experienced successful landlords have habits that eliminate many of the risks of real estate investing while making sure […]
08
Jul
Jul
Some properties are problematic because they require constant maintenance. Others are problematic because they aren’t aesthetically pleasing enough to attract top-notch tenants. Both of these issues can cost landlords a lot of money if they aren’t promptly addressed. If you’re dealing with these types of problems with your property in Howard County try to make […]
05
Jul
Jul
Thinking about becoming a landlord? While a career in Maryland property management can provide you with a great stream of somewhat passive income, you should realize that it will also require some hard work. Therefore, it’s important to do your research on what being a landlord actually entails (which is much more than just […]
30
Jun
Jun
No one likes to buy insurance. You pay month in and month out hoping you never need to actually use the insurance but resent the fact that you pay for it anyways. Some insurance, like auto insurance, is required by law in most states. So we pay our dues (in the form of insurance […]
26
Jun
Jun
One of the most important jobs of a property management company is to keep residents for as long as possible. Any time a property is vacant, the owner is losing money. Every time a tenant renews his or her lease, the landlord, management company, and occupants all benefit. You need to work hard to set […]