Property Management News
Rental housing laws are in place to protect both landlords and tenants throughout the rental relationship. Whether the apartment is in Baltimore, MD, or Tacoma, WA, both parties need a clear understanding of their rights and responsibilities under federal, state, and local regulations. Rental property owners want to protect their property and operate a profitable business. While tenants want to live safely and peacefully in their rental home, be informed about their property, and be treated fairly. Tenants and landlords who take their responsibilities seriously will help keep the relationship friendly, constructive, and easier to manage in the long run. What do tenants need to know... Read more
To establish the ideal property maintenance checklist, first you need to understand your objectives. Strategic property maintenance is an investment in your...
The internet has simultaneously made it easier and harder to list available rentals. On one hand, you can now reach hundreds or thousands of potential tenants with one...
According to the American Apartment Owners Association (AAOA), around 90% of tenants have pets, and therefore they are interested in renting pet-friendly rentals....
Key Takeaways Property taxes fund schools, fire departments, libraries and other municipal services. Your tax assessment is based on the estimated market value...
As landlords, we try to manage our expenses as much as we can to best run our businesses. However, it’s important to balance costs with legal requirements and our duty to provide safe habitability to residents. When a tenant moves out and a new one moves in, it may be tempting to simply collect the keys from the old one and pass them on to the new. After all, you have just completed the tenant selection process and would like to get your renters into the apartment as quickly as possible. But do landlords have to change locks between tenants? Should we? In this article we will discuss what your responsibilities are as a landlord and what options you have available to address the... Read more
By Moses Vuma, Author of Gentrification for Investors: Secrets of Investing in Low-income Neighborhoods Many real estate investors interested in low-income...
LLCs are fast becoming a preferred entity type for investing in and holding real estate. Here are the advantages they confer—and the disadvantages. Limited...
Rental property is a business, and just like any business, it’s best to have a separate bank account for rental property. Keeping personal funds separate from business...
Social media has become increasingly popular for rental listings. It’s a good way to reach people looking for rentals, but it also helps potential renters...