One of the most common questions for landlords is, “how much should I charge for rent?” While this is a good question, there are several considerations property owners must first address to arrive at a rental fee. For instance, what are the neighbors like, and what does the property offer? Luckily, multiple tools, resources, and […]
Tag Archives: Tips for Landlords
24
Feb
Feb
Competition in the rental industry has many owners looking to improve their odds of attracting a quality renter. However, a full-scale renovation is costly, and not all improvements truly add value. In a market where profit margins are tight, to begin with, extensive renovations could be financially damaging in more ways than one. Thankfully, some […]
01
Feb
Feb
While being a landlord is rewarding and stressful, finding responsible tenants is only one of the hardships you have to go through. If you want your undertaking to succeed, you must be prepared for various emergency situations that may occur on your property. A slow or inadequate response during an emergency can cost you time, […]
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 […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management in Pennsylvania, Property Management in Philadelphia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
10 Tax Deductions That Landlords Miss: A Guide for New Investors
02
Jan
Jan
Tax time is a particularly stressful time for most people, especially rental investors. After all, landlords need to determine what they can write off without making mistakes on their legal tax documents. Unfortunately, deductions sometimes get missed, excluding some significant tax benefits. To avoid missing out on tax benefits, read along as we go over […]
30
Dec
Dec
How many of us have ever had to deal with an incessantly noisy neighbor or other disruptive circumstances? It happens, and when it does, it creates a sometimes hostile but always unenjoyable experience. For landlords, handling complaints from tenants may bring up the phrase “covenant of quiet enjoyment.” Although it may sound obscure, this legal […]
27
Dec
Dec
No one likes to think about the chance of a pest infestation in their home. Pests in rental properties can present even more significant challenges. Unsure of your responsibility as a landlord? A local property management company can guide you through the signs of infestation plus how to handle one if it arises. It’s important […]
26
Nov
Nov
Making the right first impression is essential for both tenants and landlords. Therefore, as a property owner, providing new residents with a Tenant Welcome Letter is crucial in the rental process. Welcome letters greet residents while also providing them with vital information and policies. The move-in process can be a hectic and stressful time, so […]
25
Nov
Nov
A chill is in the air, and that means the holiday season is once again upon us. After the dark days of the pandemic, this is the perfect time to get into the festive spirit. Of course, that means putting up some colorful and bright decorations. But for renters, holiday decorating often involves dealing with […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Carroll County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
Avoiding Landlord-Tenant Disputes: Top Tips for Property Owners
22
Nov
Nov
Understanding how to professionally and calmly handle landlord-tenant conflicts is an essential part of the job. Although most people avoid confrontation, it may be your job as a landlord to settle an uncomfortable situation. So, let’s go over some ways to resolve landlord-tenant disputes if you are a property owner. What Causes Landlord-Tenant Disputes? Many […]