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 […]
Tag Archives: how to build a better tenant relationship
28
Aug
Aug
Failing to retain your Baltimore County tenants means you have a vacancy on your hands. With a vacancy, you are no longer collecting a consistent rent payment each month, you probably need to make repairs such as paint the walls or replace the carpet, and of course, you’ll need to perform a deep clean. That’s […]
22
Aug
Aug
You have been stewing over whether you should add another Montgomery County rental property to your growing portfolio. And, like all successful landlords, you have done your due diligence and researched all the right things – market trends, going rental rates, amenities, financing options, as well as nearby shopping, dining, and entertainment venues. There’s just […]
16
Aug
Aug
The more experience you have as a Philadelphia landlord, the more you will realize there are all kinds of different tenants out there. And, in order to be a successful landlord, it is important that you tune into these different types so you can learn how to recognize red flags early on, how to keep […]
02
Aug
Aug
Finding long-term tenants for your Fishtown rental property is one of the keys to having a profitable rental property. With long-term tenants, you secure a consistent stream of rental income, and lower your tenant turnover rate. Most importantly, you decrease the stress of having to advertise a vacant property, conduct tenant screening, draft a new […]
21
Jun
Jun
Every rental property owner in Philadelphia wants to know what it takes to be a successful landlord. Keeping your property turnover rates low, boosting lease renewals, and striving to keep your tenants satisfied, are the keys to succeeding in the rental property business. However, that’s the point: this is a business, and should be treated […]
11
May
May
One of the biggest challenges property owners in Prince George’s County face is collecting rent from tenants. Though ideally every tenant will pay rent in full and on time every month, all property owners know that this is not always realistic. There will be a late paying tenant at one point or another; it just […]
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 […]
05
Apr
Apr
Even though your Howard County tenants do not own the property they lease from you, chances are they want it to feel like home; for the time being, it is their home. Many property owners have strict rules when it comes to decorating or making any changes to the interior of their rental property, and […]
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 […]