If your Philadelphia rental property is vacant, chances are you are not a happy property owner. Vacancies are often the worst thing a property owner has to deal with in the rental property business, next to dealing with a non-paying tenant and an eviction. In order to minimize losing profit, and maintain your status as […]
Tag Archives: Tips for Landlords
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, […]
Proper bookkeeping is crucial to the success of any landlord. And, as portfolios begin to build, one tenant turns into ten, and the amount of documents you must keep on hand for not only your rental properties, but those occupying them, continues to grow. The next thing you know, your need for a paperless solution […]
An important part of owning a rental property in Harford County is charging tenants a security deposit at the start of every new lease term. This deposit serves as assurance that your property will be cared for during the course of tenancy. And, if by chance your property is not cared for, this security […]
Having tenants in your Philadelphia income property that turn out to be troublesome is enough to make any property owner want to quit the rental property business and run far, far away. However, this solves nothing. So, rather than stick your head in the sand and hope the problem fixes itself, try to remedy the […]
There are many ways you can collect rent from your Prince George’s County tenants. And, while you may not place much thought into your accepted forms of payment, the ways in which you collect rent may be more important than you think. Being able to collect rent on time every month, from every tenant you […]
The thought of your Philadelphia tenant filing for bankruptcy no doubt brings to mind some very serious situations that you do not want to deal with. For example, if you have a tenant in your property that is claiming bankruptcy, how can you expect them to pay you rent each month? Worse, perhaps they have […]
You may look at the price of a potential Gaithersburg investment property, and think you’ve got a fairly good deal. However, do not be fooled – more lies beneath the surface. Besides the price tag of a rental property, there are numerous miscellaneous fees you can expect to pay when financing a rental. But do […]
Many times those who begin investing in Philadelphia rental property set out to do it all themselves. After all, being a property owner and leasing rental properties is the true path to a passive form of income, right? Well, not exactly… Though managing rental property can be fairly hands-off under the right circumstances – if […]
It’s that time of year again; that time when Americans all over the country get together with their family and friends to celebrate the freedom they enjoy each and every day. While the Fourth of July is often a time of excitement, good food, and of course, fireworks, property owners often cringe at the thought […]