Finding yourself in a dispute with your tenant can be stressful. Even if you have a high-quality Washington DC property management company by your side, litigating in court should be avoided if possible. So, how can you resolve conflict between you and a tenant? There are plenty of reasons to settle a rental home dispute […]
Tag Archives: landlord tips
04
Jun
Jun
If you just secured your first rental property, congratulations! Not everyone’s up for the challenge of being a landlord, you know. Now, maybe you start to encounter the question “How can I manage my rental property effectively?” In this guide, we’ll help you learn how to take care of your rental property in the best […]
15
May
May
Having one universal lease agreement satisfying every type of lease term possible would be great. However, in reality, every lease is different. So, while using a universal lease form is possible, it is important to note that whether you self-manage your rental property, or enlist the help of a property management company, there are going […]
27
Feb
Feb
Did you know that the country’s rent index increased at an annualized rate of 3.6% in 2017? At the time, that was a significant increase compared to previous years. However, since then, we’ve seen even larger increases. From 2021 to 2022, we saw average rents increase by 14.07%, one of the largest increases since 2017. […]
30
Oct
Oct
Would you ever consider leasing your Philadelphia rental property to a tenant you have never met? Most property owners would immediately say “no.” After all, meeting a prospective tenant in person leaves a valuable impression on you and ultimately helps determine whether they are a good fit for your property. But is there really a […]
27
Jan
Jan
Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]
28
Dec
Dec
Understanding property zoning laws is crucial for property owners. After all, zoning regulations can affect you in different ways, so it’s important to know what you can and cannot do with your property. In addition, some property owners see opportunities for property rezoning, which reclassifies the land to fall into a new zone with new […]
02
May
May
Investing outside your immediate area can pose several benefits. For example, you can find up-and-coming places to purchase rental properties in. Additionally, diversifying your rental portfolio can help you identify profitable markets. However, if you want to buy rental properties from afar, you need to be a long-distance landlord. While there are several benefits, there […]
18
Aug
Aug
Evictions are an unfortunate event that is sometimes unavoidable. Understanding the legal process is the key to success when the only solution is to remove a tenant from the home. Legal evictions can be a lengthy process of notices, court appearances, and communications. To regain possession of their property as soon as possible, some landlords […]
27
Jul
Jul
Occasionally, landlords will come across applicants that seem great on paper but do not quite meet the income or credit requirements. When this occurs, landlords have two options, deny them and lose a potentially good tenant or allow the applicant to have a cosigner. That said, not every rental owner is familiar with the practice […]