Guide to Roof Damage and Repair for Your Philly Rental Property

Did you know that the average roof repair cost is $716, with most property owners spending between $316 and $1,118? That’s a lot of money to spend on one property repair. And yet, having a sound roof on your Philly rental property is crucial to keeping your property, and tenants, safe and dry from the … Read More

How to Attract Long-Term Tenants For Your Philadelphia Rental

Finding long-term tenants for your Fishtown rental property is one of the keys to having a profitable rental property. With long-term tenants, you secure a consistent stream of rental income, and lower your tenant turnover rate. Most importantly, you decrease the stress of having to advertise a vacant property, conduct tenant screening, draft a new … Read More

6 Ways to Reduce Your Philadelphia Rental Vacancy Rate

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 … Read More

5 Rental Maintenance Tips to Keep Your Property in Top Shape

Taking care of your Philadelphia rental home is just as important as caring for the home you actually live in. Yet, time and again, property owners either fall behind on general maintenance of their rental properties, or expect their tenants to handle everything – both of which are a bad idea. Keeping your investment property … Read More

3 Types of Problematic Tenants and How to Handle Them

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 … Read More

What to Do If Your Tenant Files for Bankruptcy

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 … Read More

The 7 Most Common Reasons Landlords Use Property Management Companies

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 … Read More

6 Things Tenants Want in a Landlord

Every rental property owner in Philadelphia wants to know what it takes to be a successful landlord. Keeping your property turnover rates low, boosting lease renewals, and striving to keep your tenants satisfied, are the keys to succeeding in the rental property business. However, that’s the point: this is a business, and should be treated … Read More

How to Handle After-Hours Calls from Your Tenant

If you own rental property in Philadelphia, you know that being a landlord is not a 9-5 job. And while sometimes this is a blessing in disguise (think no corporate office setting, no timeclock, and no required business casual attire), there are times when working in a non-traditional industry such as real estate can wreak … Read More

Should You Approve Tenants Without Meeting Them?

Would you ever consider leasing your Philadelphia rental property to a tenant you have never met? Most property owners would immediately say “no.” After all, meeting a prospective tenant in person leaves a valuable impression on you, and ultimately helps in determining whether they are a good fit for your property. But is there really … Read More