Choosing a bank that has the right services for your rental property business needs involves careful consideration. After all, you do not want to entrust your money to a bank led by someone such as William R. Beamon. Beamon swindled more than $20,000 in rent payments and security deposits from unknowing tenants. To top it all […]
Tag Archives: tips for property management
14
Sep
Sep
Remote operations have become more prevalent throughout the property management industry. Many businesses forced into remote work environments due to the COVID-19 pandemic are now realizing how beneficial it can be. In fact, remote operations equal opportunity! Read on as we discuss how companies are adapting processes to working remotely, added benefits, plus how […]
22
Dec
Dec
Self-managing your Laurel rental property may sound like a good idea initially. However, what you may not realize when you get into the rental property business is how much work is involved, and how much money needs to go into properly managing every aspect of your tenant’s stay in your investment property. Not understanding the […]
29
Sep
Sep
Owning rental property in Philadelphia comes with a lot of responsibility. Aside from the administrative side of being in the rental property business – tenant screening, lease drafting, and rent collection – there is a definite hands-on side to leasing an investment property as well. Whether you self-manage your rentals, or employ Philadelphia’s best property […]
01
Mar
Mar
As a real estate professional who owns rental property, it is crucial you make an effort to protect your investment in every way possible. One of the best ways to do that is to have a homeowner’s insurance policy in place from the minute a tenant takes up residence in your income property. Finding the […]
22
Nov
Nov
Deciding to start your own Montgomery County rental property business is an exciting time. There is so much that goes into investing in your first property, placing your first tenants, and of course, managing your first rental property. And, if you choose the hands-on approach and decide to manage your own property, you get to […]
10
Nov
Nov
Homeowners associations in America don’t have the best reputation. They have a history of complaints of abuse, mismanagement, and wasted finances, and things don’t seem to be changing. However, there are some benefits to investing in a home that is part of an HOA. The best thing to do is, before you invest in a […]
21
Oct
Oct
Showing a client’s vacant rental property to prospective tenants is one of the principal roles of a property manager. Though emphasis is often placed on appealing to the right tenant pool, as well as the importance of proper tenant screening, the truth is that the in-person showing of the home to potential renters is just […]
19
Oct
Oct
Property management companies in the Harford County area are a specialized section of the rental property business. Offering property owners years of experience and specialized knowledge in managing multiple rentals, property management companies have the potential to add real value to your rental homes as well as boost your positive cash flow. Unfortunately, not all […]
01
Jul
Jul
At first, renting out your Baltimore County property to your friends and family might sound like a great idea. You know more about them than your other tenants, and you know that they’re good people. You think that if a problem were to arise, you’d be able to handle it swiftly and without hassle because […]
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