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 […]
Tag Archives: investment property mistakes to avoid
No landlord wants to deal with the inevitable cost and hassle that comes with eviction. However, it is sometimes necessary as a legal means for removing a problem tenant. As frustrating as the situation may be, landlords cannot resort to their own means of eviction. In fact, state laws are stringent regarding evicting a tenant, […]
Philadelphia is a huge city, filled with thousands of pest control professionals. And, since most pest control companies provide similar services, it can be difficult to know which one to hire. That’s why we set out to research some of the very best pest control companies in the Philly region so you don’t have to. […]
The current state of real estate purchases in the United States is showing that the trend to invest in rental properties is still going strong. According to the National Association of Realtors, despite a recent dip in vacation home investments, investor sales in 2016 remained at 19%. Buying a rental property, especially in the coveted […]
When it comes to the appliances you provide your Takoma Park tenants, you’ve probably included the basics like a dishwasher, refrigerator, microwave, and washer and dryer. And, if you want to maintain an edge on the competition, chances are you are offering top of the line appliances that are environmentally friendly, modern by design, and […]
There is no way to avoid the fact that mold spores are floating around your Montgomery County rental property at any given moment. It’s natural for mold spores, among many other contaminants, to be present in the air we breathe. However, when the humid Maryland weather hits and the climate begins to dampen, these mold […]
Did you know that oftentimes as much as 30% of your Montgomery County rental home’s energy budget is spent heating water? If you are looking to go green in your current rental home, or are in need of a new water heater because your current one is on its last leg, you might want to […]
Deciding to start your own Montgomery County rental property business is an exciting time. There is so much that goes into investing in your first property, placing your first tenants, and of course, managing your first rental property. And, if you choose the hands-on approach and decide to manage your own property, you get to […]
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 […]
Investing in a Montgomery County rental home often means getting a great deal on a property that needs some TLC. With the overall goal to make your investment property appealing in order to get the highest rent rate possible, it is sometimes necessary to go beyond fixing the required damages that exist; sometimes you need […]
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