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 […]
Category Archives: Tips for New Landlords
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
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 […]
The landlord-tenant relationship can, at times, be a trying one. That said, in many cases, these issues are easily resolved with professional communication and a little understanding. However, when situations escalate, property owners may find themselves accused of landlord harassment. Also, a dreaded landlord harassment lawsuit can deplete profits, not to mention valuable time. So, […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Carroll County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
How To Fund Your Retirement with Investment Properties
When done correctly, rental property investments can be a profitable avenue for anyone to explore. In fact, using rental properties to fund your retirement has proven to be an excellent option for some people. However, investing in real estate takes a lot of time, money, and effort. So, if you’re interested in learning how to […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management in Leesburg, Rental, Rental Property Marketing, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers
Top Questions to Ask When Hiring a Property Management Company
Whether they own one property or multiple, landlords have a lot of tasks to handle daily. Whether it’s maintenance, collecting rent, or screening new tenants, the duties can quickly become overwhelming. That said, many landlords decide to hire a property management team to help mitigate some of these daily jobs. However, before you decide on […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management in Chester County, PA, Property Management in Pennsylvania, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
A Landlord’s Guide to Choosing the Best Rental Property Flooring
Flooring is one of the most important considerations for your rental property. After all, your flooring can change your rental space’s look, feel, and functionality. It can also help attract and keep quality tenants, increase the value of your property, and create a welcoming environment for tenants. So, what type of rental property flooring should […]
Owning a Rental Property in Maryland, Property Management, 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
Handling a Tenant Death & A Deceased Tenants Belongings
Dealing with death is tough in any aspect, especially when it affects your business. If a tenant passes away unexpectedly while living in your rental property, it can be a confusing process to navigate. For example, you may not know what to do with a deceased tenant’s belongings, how to end the lease agreement, and […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management Delaware County, Property Management in Pennsylvania, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
5 Tips for Landlords to Keep in Mind While Renting to Roommates
To get the most out of your rental business, you may find yourself renting to roommates sometimes. Renting to roommates has some benefits, like filling up vacant units quicker and having a wider range of tenants to rent to. Although it may seem like more of a hassle than renting to a family, we have […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Anne Arundel County, MD, Property Management in Maryland, Renting a Home in Maryland, Style, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 5 Rental Property Appliances For Rental Properties in 2022
Part of running a successful rental business includes providing tenants with up-to-date appliances and valuable amenities. Not only does this give tenants a better experience, but it also increases the value of your property. Unfortunately, however, most of them come with a hefty cost. That said, installing modern, energy-saving rental property appliances is a great […]