To sell or rent – that is the question. However, the answer is not a simple one. Owning rental properties can be a lucrative long-term investment and provide a steady source of monthly income. That said, many areas across the country are experiencing a strong sellers’ market, leaving owners wondering if they should cash in […]
Category Archives: Owning a Rental Property in Pennsylvania
07
Jul
Jul
Any landlord or property owner knows that one of the most expensive parts of a rental business is tenant turnover. Therefore, finding ways to increase tenant retention is one of the most important things a landlord can do. That said, while finding a great tenant takes work, keeping them around requires just as much, if […]
14
Jun
Jun
Landlords must create various policies and guidelines to maintain a safe and habitable property for all tenants. This can include everything from inspections and maintenance to applicant screening and beyond. One crucial factor for landlords to establish in their properties is rental occupancy standards. For landlords, most processes rely heavily on black and white laws […]
14
Jun
Jun
Maintenance and repairs are some of the biggest expenses for rental property owners. However, learning how to complete simple DIY repairs and knowing when to call experts is important to managing costs. For example, unclogging a toilet could be an easy DIY fix, but hiring a professional plumber can run anywhere from $150 to $700! […]
10
Jun
Jun
For as long as the rental industry has been around, scammers have been looking to take advantage of both landlords and tenants. Whether you are searching for or listing an apartment to rent, understanding the potential for scams will help keep you protected. So, join us below as we discuss common tenant scams, what to […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management In Montgomery County, PA, Property Management in Pennsylvania, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
How to Choose the Best Contractors for Your Rental Property
05
Jun
Jun
Maintenance in a rental property is inevitable. But, how can investors be sure they are hiring the right person for the job? Rental property contractors are typically easy to find, but investors need to find the right person for the job at hand. That said, finding a reputable, licensed contractor is more complicated than it […]
25
Apr
Apr
Did you know that a whopping 79% of credit reports contain some kind of error? That’s right, nearly 4 out of 5 credit reports could be leading landlords and property managers astray. In this blog, we help rental owners learn how to navigate credit disputes and the ins and outs of tenant credit issues. Understanding […]
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 […]
11
Nov
Nov
One of the biggest decisions that landlords make is where to invest in rental property. Along with researching the local markets, it is important to realize that some states tend to favor landlords. Historically, Northern states benefit renters while Southern states tend to side with property owners. That said, owners must consider several factors such […]
11
Oct
Oct
Preventing Pest Problems in Rental Properties No landlord wants to deal with pest problems in their rental homes. However, preventing infestations and managing pest control are major parts of a landlord’s job. Pest problems that go ignored can worsen and create more extensive issues, including health complications. As a landlord, it’s essential to set clear […]