When thinking about your dream tenant, have you ever considered a travel nurse? Many traveling healthcare professionals need short-term accommodations for their ever-changing job placements. So, if you own rental properties, you may consider marketing and advertising to travel nurses or other healthcare professionals. If this interests you, read along as we review some of […]
Tag Archives: Tips for Landlords
11
Jan
Jan
Addressing tenant maintenance concerns in a timely manner is often more important to your tenants than anything else you or your property management company can do. In fact, it can be more critical than reasonable rental rates, amenities, or move-in incentives like cash or discounts. As such, it’s important to keep your tenants happy by providing […]
01
Jan
Jan
The goal of every real estate investor is to make money! That said, tracking and evaluating that investment is critical to success. Property management firms and landlords alike turn to rent rolls as a means to do just that. So, what is a rent roll, and how will it help property owners drill down into […]
28
Dec
Dec
Coming up with a lease agreement that’s fair and feasible for both landlords and tenants can be challenging. Terms you may think are fair may not align with what a tenant wants in a rental property. However, if they’re a responsible tenant with an excellent rental history, you may be open to negotiating lease terms […]
26
Dec
Dec
Now more than ever, individuals are concerned with economic security. Investing in rental properties has the potential to be quite lucrative, but only if done the right way. That said, successful landlords often share the same traits and business practices that help them achieve their financial goals. Property management takes time, effort, preparedness, and solid […]
25
Dec
Dec
Communication is the foundation of any great professional relationship. Proper landlord-tenant communication can make all the difference when it comes to a positive leasing experience. Handling tenant complaints, concerns, and calls can add stress to landlords, especially when emotions flare. So, today we help you stay on track and maintain a positive and productive experience. […]
21
Dec
Dec
Screening prospective tenants is a tedious but necessary part of being a successful landlord. Nationally, the average eviction rate is around 3%. However, according to the Aspen Institute Financial Security Program, post-COVID eviction rates could jump as high as 20% in the coming year. As job and income loss heavily weigh on renters’ minds, landlords […]
28
Nov
Nov
If you own rental properties in Baltimore, it’s essential to understand how real estate taxes work. Additionally, knowing what steps to take to ensure a smooth filing process for your rental business is important. Today, we’ll go over the importance of understanding how taxes work, the steps to file rental property taxes, and standard deductions […]
16
Nov
Nov
The rental agreement is the most critical document to the success of a landlord-tenant relationship. However, many owners do not fully understand the legal implications of this document. As a result, some landlords opt for cookie-cutter leases that do not offer adequate protection instead of consulting a professional property manager or attorney. But ensuring the […]
14
Nov
Nov
It may surprise some rental owners, but property management and property maintenance are not necessarily the same. For landlords, maintenance is just one item in a long list of responsibilities to keep a rental business running. Savvy investors look to professional management firms to maximize profits while avoiding the daily stresses associated with the rental […]