TikTok has become a popular platform for content creators from various backgrounds, including real estate. Additionally, it’s become a place for new or up-and-coming landlords to gain popularity and talk about their experiences. However, these “TikTok landlords” are starting to get some hate from individuals who don’t understand or align with their business strategies. But, […]
Tag Archives: considerations for new landlords
Are you a landlord or property owner looking to enhance your knowledge, network with industry professionals, and stay updated on the latest trends and regulations? Joining a landlord association is a great way to achieve these goals. Landlord associations provide a range of benefits, like access to resources, educational opportunities, and a supportive community. In […]
With so many opportunities and investing strategies, deciding which avenue to explore can be challenging. Many rental investors look for run-down properties to fix and flip, but why not try something new? Buying a newly constructed property for your next rental investment is an excellent way to switch up your strategy and earn solid returns. […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management in Pennsylvania, Property Management in Philadelphia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
10 Tax Deductions That Landlords Miss: A Guide for New Investors
Tax time is a particularly stressful time for most people, especially rental investors. After all, landlords need to determine what they can write off without making mistakes on their legal tax documents. Unfortunately, deductions sometimes get missed, excluding some significant tax benefits. To avoid missing out on tax benefits, read along as we go over […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 10 Landlord Mistakes for New Rental Investors to Avoid
Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]
Buying Rental Properties, Owning a Rental Property in Maryland, 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
Calculating and Claiming Depreciation at Tax Time for Your Rental Property
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 […]
Part of being a successful landlord is adhering to regulations and all federal, state, and local laws. This can be a complex and confusing task for even the most seasoned investors. However, failing to comply means facing potential fines, loss of license, or expensive litigation. Continue reading below as we highlight the rental property compliance […]
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 […]
If you’ve never purchased rental property, you may think that being a landlord sounds like an easy way to make a bit of somewhat passive extra income. While it can be an appealing career option and offers many benefits that traditional jobs do not, it also comes with a unique set of challenges. So, if […]