A landlord can have the best rental property, but if no one knows it is available, it will never get rented. That is where effective and comprehensive rental property marketing comes in. For landlords, the list of operating expenses is a long one. However, devoting the funds toward a rental property marketing budget and strategy […]
09
Dec
Dec
The trees are bare and cold weather is setting in; winter is upon us. This is the time of year where late-night maintenance calls for frozen pipes, broken down heaters, and tenants locked out in the snow add even more stress to landlords. If you do not want to have these emergencies unexpectedly arise, preventative […]
08
Dec
Dec
When a landlord needs a tenant to vacate for any reason, getting them out is not always as easy as it sounds. Many property owners wonder if there is any other alternative to eviction. Unfortunately, the formal process of evicting a tenant can be lengthy and costly for landlords. The good news is, there are other […]
07
Dec
Dec
A rental property lease is the most important document a landlord can have. The legal contract between a tenant and a landlord outlines expectations, costs, requirements, and usage rules for residents to occupy a rental property. That said, there are many variations to the lease terms, but there are two main types; annual leases and […]
04
Dec
Dec
For any business, online reviews play an important role in gaining and keeping clients. The rental property industry is no exception. Outlets such as Google, Angie’s List, and Yelp offer tenants a chance to post both positive and negative feedback for the world to see. Therefore, property managers must be diligent in responding to these […]
03
Dec
Dec
Landlords in the industry know that property management is not a standard 9 to 5 job. Maintenance is a task that requires a significant amount of time and coordination. But, how do landlords handle rental property emergency maintenance after hours? No one wants to get that call; however, it is essential to quickly and efficiently […]
02
Dec
Dec
Financial hardship can strike anyone at any time. Especially in the continuing struggle surrounding COVID-19, many landlords may feel the strain of months of unpaid rent or stalled eviction proceedings. When you rely on rent payments to pay your mortgage, what is a landlord to do? Bankruptcy is a last resort, but it is essential […]
01
Dec
Dec
Owning a rental property is a great way to build long-term wealth through passive income. As interest rates continue to stay at near-record lows, now is the time to consider an investment. Home values are rising across the country which creates a need for affordable rental housing. Renting is a desirable lifestyle for many generations […]
30
Nov
Nov
Landlords have many questions about their rights surrounding Section 8 requirements and restrictions. Can landlords refuse to rent to a voucher holder? No. In Baltimore City, landlords cannot refuse a tenant based on them having a housing voucher. Additionally, Fair Housing Law protects Baltimore City residents from discrimination based on the source of income, which […]
27
Nov
Nov
As a landlord, how many late rent payments have you received? The answer is probably more than a couple. Collecting and managing the rent payment process is a significant concern for landlords and property owners. Nobody wants to chase down money or face the uncertainty of payments “lost in the mail.” So, what is the […]