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 […]
Tag Archives: landlord tips
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 […]
04
Nov
Nov
Can a landlord limit the number of tenants in their rental? It is a question on many landlords’ minds—some worry about mitigating overcrowding, noise, utility usage, and potential wear and tear. In short, yes, there are limits to the number of occupants allowed in rental properties and it’s important to have a clear occupancy policy. […]
29
Sep
Sep
Buying your first investment property is a great way to boost supplemental income or even replace your traditional 9-5 day job. In fact, getting into the rental property business can be extremely lucrative, if approached the right way. However, it is vital as a first-time investor to not get caught up in the excitement of […]
29
Jul
Jul
Insurance is a vital component of Harford County rental home management. It is widely available and designed to help protect landlords from financial losses due to a covered peril. That said, there are so many companies and offers out there, how do you know what coverage is best? Landlord insurance is for those who rent […]
10
Jul
Jul
Unauthorized tenants can be a struggle within the property management industry. As a landlord, understanding what is an unauthorized tenant, how to deal with that tenant, and tips for avoiding this issue is vital. Read on to learn how to handle unauthorized tenants in your Delaware County rental property. What is an Unauthorized Tenant? […]