What Is More Cost-Effective? In-House Maintenance or Hired Contractors

By |2026-07-08T12:46:01+00:00April 1, 2021|

Whether you own one or several properties, you know how pertinent keeping up with the property maintenance is. Of course, some things will go wrong when you aren’t prepared for it, and you’ll need to fix them. In addition, other maintenance tasks need to be scheduled regularly. You want to deal with these maintenance issues in the most cost-productive way possible. You might be wondering, is it better to have in-house maintenance like Baltimore property management or hire individual contractors to perform the jobs? Let’s take a look at five typical maintenance jobs and compare the cost of doing it in-house versus hiring contractors.

Why You Need Professional Rental Property Maintenance Staff

By |2026-07-08T12:46:01+00:00March 25, 2021|

With the right property management in Wilmington DE, investors benefit from their professional maintenance staff and services—but do you really need it? Can't DIY fixes save money over professional services? They might, but DIY maintenance solutions aren't always the money-saver they appear to be. Plus, spending your valuable time on multiple trips to the local hardware store and looking for online video tutorials to fix plumbing problems aren't the best ways to maximize the returns from your investments.  What happens if a critical repair exceeds your skillset? Are you equipped to handle a resident's reasonable accommodation request? Before you head back to the hardware store (again), here's why Wilmington DE real estate investors need professional maintenance staff.

How Property Management Companies Support Property Investors

By |2026-07-22T07:51:44+00:00March 18, 2021|

Why do you need a Baltimore property management company?  Collecting the rent is simple enough—when residents pay on time. However, owning and managing successful rental properties requires so much more than simply having renters and collecting rent checks.  Many investors become overwhelmed by the volume of work involved with managing Baltimore rentals. One property is a lot of work. If you want to enjoy more investment income, owning multiple properties multiplies the amount of work, too!  Finding the right property manager is critical for real estate investment success, but what do they really do for you? Here are some of the best ways property management companies support property investors!

Achieving Shorter Vacancy Cycles

By |2026-07-17T11:11:14+00:00March 11, 2021|

It's simple real estate investment math: rental properties don't make money without renters to pay the rent. When Philadelphia investors deal with frequent (and extended) vacancies, they lose money! Keeping a rental occupied can be as simple as placing the first person who sends in an application. However, without a thorough screening process to review every applicant, investors can't trust that "anyone" is a quality renter who will pay the rent on time and take good care of their rental. Squatters don't count as legitimate renters, either.

Build Your Portfolio With A Philadelphia Property Management Company

By |2026-07-21T05:43:08+00:00March 4, 2021|

Building a portfolio with Philadelphia real estate investments might mean it's time to let go of your DIY ways and let a professional help grow your business. Investors who want to grow their long-term wealth through rental property ownership can't make it happen without expert help—and that's not a bad thing.  Having too many profitable rental properties is an excellent problem to have! However, keeping them profitable for the long haul becomes overwhelming for investors who juggle a full-time career, home and family life, and a booming portfolio.

What Should Investors Look For in a Property Manager?

By |2026-07-08T12:46:01+00:00February 25, 2021|

Real estate investors must avoid common mistakes to make more money and protect their investments. Did you know that one of the biggest mistakes you can make is choosing the wrong property manager? While it's a smart decision to hire a property manager, you have options when it comes to who you work with. With expert Baltimore property management, real estate investors experience better quality renters, well-maintained properties, and more income! However, not all property management companies are the same. An inexperienced property manager that isn't committed to your future can be a bad decision.

Reasonable Access and Your Renters: Philly Property Management Tips

By |2026-07-20T06:58:54+00:00February 18, 2021|

Today's topic is going to get a bit serious compared to the way we approach some material here in the Rentwell blog, but that's because we understand just how crucial it is for property owners and investors in the Philly area to get it right. Before we begin: This article is no substitute for an excellent attorney—so while we're sharing some good information, we always recommend working with a legal professional or an experienced local team like Rentwell to ensure you stay on the right side of the law. Being on the wrong side can be worse than having no renter at all!

Common DIY Mistakes You Can Avoid With Tri-State Property Management

By |2026-07-21T10:54:12+00:00February 11, 2021|

We made it to another year—and that means it's time for another year of profitable real estate investments in the tri-state area! There's plenty of potential in 2021 to make the right choices that will set you up for success with your rental homes. That said, there's also plenty of potential to completely mess up your portfolio with a DIY-approach that's riddled with mistakes. Seasoned investors are seasoned for a reason: they've either already experienced some of these painful failures firsthand and learned from them brilliantly, or they were spared the pain of a misstep by their tri-state property management team.

COVID-19 and Lending: Insight From Tri-State Property Management

By |2026-07-21T11:04:29+00:00January 28, 2021|

Your success as a real estate investor and the ability to grow your portfolio can depend on more than your tri-state property management partner: you also have to successfully qualify for loans. What might have been an easier task for you before COVID-19 could now be a challenge as the real estate and lending industries recover from the impacts of economic shutdowns and unemployment.  In our recent webinar, we heard from Eric Light, Senior Vice President at WSFS Bank. He walked through the current state of lending and the impact of COVID-19 on loans for real estate investments. If you haven't yet watched the webinar, here is a light overview of his insights.

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