Rent increases are a normal and even expected part of any rental property business. Moreover, unless local law includes rent control policies, landlords are free to increase the rent as they see fit. While the goal for all investors is to make money, relying on rent increases to do so can easily backfire. Instead, […]
Tag Archives: building a strong tenant/landlord relationship
22
Sep
Sep
Normal wear and tear are something every landlord must deal with at one point or another. On the other hand, handling tenant damage is a different process entirely. In many cases, determining the difference between normal wear and tear versus tenant damage is a fine line. In addition, this can be a significant source […]
15
Jul
Jul
Being a landlord is not a 9 to 5, Monday through Friday job. That said, being a rental owner comes with both pros and cons. Plus, there are times when working in a non-traditional industry such as real estate can wreak havoc on your schedule. For example, one of the common disruptions for landlords […]
13
Jul
Jul
Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]
13
Jul
Jul
Tenant rights in Baltimore County are important for both landlords and tenants to understand. It is important for landlords to avoid receiving fines, bad reviews, or legal consequences (depending on the situation). There are four major tenant rights laws in Baltimore County and throughout Maryland. These include; MD tenant rights, federal tenant rights, security deposit […]
21
Dec
Dec
Keeping your tenants happy is the best way to continue collecting a consistent stream of rental income, prevent an unnecessary vacancy, and of course, build your Owings Mills rental property business into one that is reputable and successful. That said, how you keep your tenants happy can be challenging at times. There are so many […]
28
Nov
Nov
First impressions are a big deal when it comes to moving tenants into your Philadelphia rental property. In fact, the way in which you handle the entire move-in process is sure to set the tone for the entire lease term. If you want an easy way to impress your new tenants, make them feel welcome […]
27
Nov
Nov
Requiring your tenants to have renters insurance is one of the best ways to protect yourself, your Abingdon rental property, and your tenants. Unfortunately, many tenants feel that having renters insurance is not necessary. In fact, a 2016 Insurance Information Institute poll reports that only 41% of renters have renters insurance, compared to 95% of […]
20
Sep
Sep
Drawing up an airtight lease from the very beginning is one of the most important things you and your Columbia, Maryland property management company can do. Doing this prevents any confusion amongst the parties regarding what is to be expected throughout the lease term, and helps to protect both property owner and tenant. If you […]
14
Sep
Sep
With the growing rental market, property owners all over the country find that families are stepping away from buying property, and are looking to rent instead. In fact, according to the New York Times, every year since 2004, 770,000 new rental houses have come onto the rental market. While not every one of those rental […]