With over 41% of Rockville residents currently renting, it is no wonder people are jumping at the chance to invest in rental homes. And, while there are certainly some established landlords in the market whose hands have been in the industry for a while now, there is no reason you cannot up your game and […]
Tag Archives: building a strong tenant/landlord relationship
19
Apr
Apr
Collecting rent from your Howard County tenant is no easy feat. Especially if you have more than one rental property. Remember, you must keep accurate records of all rent payments accepted and balance any other financial transactions that may dip into this rent collection income for when tax time comes. In the end, this adds […]
29
Mar
Mar
Customer satisfaction is the key to any business’ success. So, as a rental property owner, a good tenant relationship should be a priority. Whether you self-manage your investment properties, or employ Howard County’s top property management company to help you out, the importance of seeking a good landlord-tenant relationship should not be underestimated. There are […]
15
Mar
Mar
Tenant retention in Howard County is serious business. If you or your property management company do not look for ways to boost tenant retention, chances are you will experience more rental turnaround than you wish to see. Even worse, you may have to deal with extended property vacancies, which will cut deeply into your annual income. […]
07
Dec
Dec
More than ever, especially in areas such as Montgomery County, leasing rental properties has become an important part of how people live. One such is example of this is seen in the millennial generation. With housing costs that continue to remain high, millennials are choosing to put off having families and purchasing homes. Couple that […]
21
Nov
Nov
Speed vs. Quality: Interviews and Screening Tenants Most landlords dream of filling a vacancy almost immediately. But, when trying to put someone into their empty properties as quickly as possible, they often ignore proper screening processes. If you don’t go through the proper screening and interview process, the tenant may end up violating the terms […]
16
Nov
Nov
First-time landlords in Montgomery County make up a unique group of people. Some are homeowners looking to upsize or downsize and thus want to lease their home; some are investors seeking ways to fund their retirement or quit their corporate jobs; while others are accidental landlords, who for one reason or another, must turn their […]
05
Aug
Aug
Becoming a Prince George’s County landlord is simple. Buy a property, place some tenants, collect rent, and call yourself a landlord. Right? Wrong. Though at its core being a landlord is exactly that, the truth is there is much more to being a PG County landlord, especially if you want to be successful. You must […]
28
Jul
Jul
Being a successful Maryland landlord involves so much more than simply collecting a rent check. You’ve got to advertise, show your properties, review applications, keep track of paperwork and more. But you can’t just be concerned with the business side of being a landlord – to achieve success with property management in areas like Anne […]