Renting a space has many advantages. A renter has a lot of flexibility. The renter can simply decide to go somewhere else to live if they please. The renter is also not tied down by a huge financial investment that may fluctuate from year to year. Renters are also...
When people take their first steps into becoming a landlord, they often expect that it will be a simple way to make a passive income. The dream is clear: find a tenant, put them in your property, then sit back and relax as the rental payments come in. The reality is...
As a property owner, regular house inspections are a proactive way to protect the overall value of your investment. While it is important to respect your tenants’ right to privacy, inspecting the rental home serves both you and them. In this article, we...
A common term associated with property management is “normal wear and tear”. This refers to the expected depreciation that results from a tenant living in a property, not damages that result from a tenant’s abuse or neglect. But what does this really mean? Determining...
You may think that your landlord insurance policy will protect you no matter what goes wrong in your Philadelphia rental property. Unfortunately, covering your rental property is more complicated than that. A landlord insurance policy may save you thousands of...
Have you been on the fence about hiring a property management company to help you? Property managers are beneficial as they do tend to remove the day-to-day stress that comes with managing tenants and keeping up with property maintenance needs. However, understanding...
