The Cycles of Leasing- Yes it’s a Real Thing just like Most Business Cycles! Why your rental stays...
When is Peak Rental Season? Peak rental season is when there are more tenants looking for rental properties. This happens in the summer, specifically May to August.When is Trough Rental Season?Trough rental season is when there are less qualified tenants looking for re...
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1. Protection from liabilities.LLCs protect you from liability claims. Anything that’s a claim against a property—like, “Hey, I slipped and fell”—an LLC is an entity that can stand between you and that. The party will come after the LLC, not you pers...
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The best move a real estate investor can make is to not hire a bad property manager in the first place. Use these questions before hiring a new property manager and to routinely monitor the performance of your current manager.Key questions to askAsking these questions can help se...
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The Cost of Property Management – Always Look Under the Hood.
I know the subject of this blog may have caused 3 reactions. Some people may have rolled their eyes and scrolled away. Or perhaps you were a bit excited, the title alone made you curious enough to continue reading as you are in the process of starting your real estate investing b...
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How to Keep Positive Cash Flow on Your Rental Property in 2019
If you want to be a profitable landlord, it requires more than just pocketing a rent check every month. You must understand the rental market to know how to best increase your bottom line. You can encounter costly mistakes and legal pitfalls if not careful. Learning to maneuver t...
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On August 1, 2018, a new law takes effect requiring all Baltimore City rental properties, including one- and two-family and multi-family dwellings, to be licensed to operate as a rental by January 1, 2019. In order to receive a license from the Department of Housing and Community...
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Should I Rent to Section 8 Tenants? A Guide to the Housing Choice Voucher Program
The term “Section 8 tenants” refers to renters who qualify for the government’s Housing Choice Voucher Program.So how do people qualify, and what exactly is this program?Renters who qualify must have an extremely low income, and if they do, the program helps the...
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Slacking on Rent Payments Can Cost You More Than Late Fees
From a very young age many of us are taught the importance of being on time and that arriving late is a sign of disrespect. As we grow older, we become more lax. We love staying up late past our bedtime, we learn it’s expected to be fashionably late for parties and no matte...
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By Dahna M Chandler | Jan 10, 2018 4:00PM Put that phone down—these fixes are on you, not your landlord. Renting is the life … you’re not tied down, and there are no repairs to worry about, right? Well, sort of. While your landlord is expected to handle many ...
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When you ask most people today if they love their Property Manager, most of them will probably say No. A lot of people are just comfortable with the idea that, "Hey, it's nothing too exciting about my Property Manager but it could be a lot worse". We beg to differ, at PropertyWiz...
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