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 […]
Tag Archives: rent collection in maryland
19
Apr
Apr
Choosing the perfect tenant for your rental property is just one of the many decisions landlords must make before the move in. Most property owners are familiar with charging new tenants the first month’s rent and a security deposit. However, the question remains – should you collect last month’s rent as well? This is something […]
25
Oct
Oct
Collecting rent from your tenants in Bowie, MD is one of the most important tasks assigned to your property management company. After all, once rent is collected from your tenants, you get paid. Today, we are going to look at some of the steps required to collect rent from your tenants, as well as some […]
25
Jul
Jul
You want to make a profit with your rental property. You want to be competitive. You want to entice tenants that you are the best. You want to be known for having an outstanding rental property. There is much to balance when it comes to setting the monthly rent amount for your Potomac rental property, […]
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 […]
28
Nov
Nov
Discovering that an unauthorized person is living in your Montgomery County rental property can be a very stressful situation. It is your responsibility, as a rental property owner, to maintain the property that your tenants reside in. It is also your duty to ensure that whomever is living in your investment property is authorized to […]
20
Oct
Oct
Rental fraud: What is it and how can Maryland landlords avoid it? For those of you who have yet to experience the horror of rental fraud, we are here to explain to you exactly what it is. Rental fraud is when someone who is not you or your Maryland rental management company claims to own […]
01
Aug
Aug
Determining the amount you want to charge for your Baltimore County rental property can be a delicate balancing act. Charge too much and you will surely experience high vacancy rates. Charge too little and your rental property business will suffer in the form of negative cash flow. So, how do you go about deciding the […]