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 […]
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 […]
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 […]
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 […]
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 […]
Throughout the course of any landlord-tenant relationship, there comes a time where written notice is required. These notices come in many forms and serve a variety of purposes. Regardless, it is a good idea for landlords to send these notices via certified mail with a return receipt to serve as verifiable proof. Below we take […]
The real estate market in 2021 is shaping up to be quite competitive for buyers and investors. However, that does not mean investors should shy away from taking advantage of near record-low rates while they last. That said, it does imply that you might have to get a little creative with where and what that […]
Purchasing rental properties is a great way to create passive income and long-term wealth. To help you get there, choosing the right property, and knowing how to run the numbers is vital. The question on many investor’s minds is how to get started? Below we take you through the key factors for successful rental property […]
Nowadays technology has made communicating with people a cinch. Contacting friends, family, employees, and even customers has never been easier. And the same holds true for your Rockville tenants. With so many different ways of communicating with your tenants, issues can be resolved quickly and effortlessly. Utilizing the different methods of communication, you can achieve […]
More and more property investors find themselves dealing with HOAs but is the added effort even worth it. Their added restrictions, oversight, and hoops to jump through are sometimes both a blessing and a curse. Before buying a property protected under an HOA, landlords must understand the full reach they have. Below, we look at […]