One of the biggest challenges property owners in Prince George’s County face is collecting rent from tenants. Though ideally every tenant will pay rent in full and on time every month, all property owners know that this is not always realistic. There will be a late paying tenant at one point or another; it just […]
Tag Archives: landlord tips
03
May
May
With over 41% of Rockville residents currently renting, it is no wonder people are jumping at the chance to invest in rental homes. And, while there are certainly some established landlords in the market whose hands have been in the industry for a while now, there is no reason you cannot up your game and […]
31
Mar
Mar
Part of being a successful landlord in Howard County is ensuring that your rental property is safeguarded in the case of an emergency. And oftentimes this is accomplished by requiring your tenants to have renter’s insurance. Yet, according to the Insurance Information Institute, as of 2016, only 41% of renters reported to have renter’s insurance. Renter’s […]
29
Mar
Mar
Customer satisfaction is the key to any business’ success. So, as a rental property owner, a good tenant relationship should be a priority. Whether you self-manage your investment properties, or employ Howard County’s top property management company to help you out, the importance of seeking a good landlord-tenant relationship should not be underestimated. There are […]
10
Mar
Mar
Those looking to lease a rental property in Howard County are likely looking for a place that offers specific amenities. And, with the large populations of people leaning towards renting Howard County homes as opposed to buying them, it is important that you, as a landlord, differentiate yourself from the local competition if you want […]
01
Feb
Feb
As rent prices continue to grow upwards of 1.0% in Maryland, those in Prince George’s County that are interested in becoming rental property owners, or better yet already are in the rental property business, should take notice. Many property owners enter the rental market in hopes of creating a passive income to fund their vacations, […]
18
Jan
Jan
As a Montgomery County property owner, you want your investment properties to appeal to high-quality tenants, bring in the highest monthly rent possible, and of course, increase in value over time. Good news: There are things you can do right now to improve your rental property’s value. These immediate things can boost a rental property’s […]
07
Dec
Dec
More than ever, especially in areas such as Montgomery County, leasing rental properties has become an important part of how people live. One such is example of this is seen in the millennial generation. With housing costs that continue to remain high, millennials are choosing to put off having families and purchasing homes. Couple that […]
28
Nov
Nov
Discovering that an unauthorized person is living in your Montgomery County rental property can be a very stressful situation. It is your responsibility, as a rental property owner, to maintain the property that your tenants reside in. It is also your duty to ensure that whomever is living in your investment property is authorized 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 […]