Updated June 20, 2024. Are pets a good idea for your Pittsburgh rental properties? When you think of an overwhelming amount of cat hair and scratched flooring, you probably want to avoid dealing with the aftermath of pets in your investment properties when a renter moves out.
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!
Whether your rental property is in Wilmington, DE, or elsewhere across our fine nation, there is one real estate truth that will always hold regardless of location: property owners can never skip out on rental property maintenance. A focus on maintenance keeps your investment properties in peak operating condition. When your properties are well cared for, they yield higher rental rates compared to the competition. Properties that enjoy routine inspections, maintenance, and repairs also require less costly fixes for issues.
Updated December 7, 2022. You’ll find that the real estate industry is like a game of chess; it’s all about timing. You have to wait until the right time to invest in lucrative real estate, and you have to time property updates carefully to avoid wasting money on your Delaware rental homes. Whether you own and operate single-family homes, condos, duplexes, or apartments, here are some helpful pointers from your Wilmington property management pros on how to time property maintenance and updates just right.
Updated October 31, 2022. Real estate investors almost always end up asking themselves: 'What properties are the right ones for me if my ultimate goal as an epic investor is trying to see genuinely-profitable growth from my real estate investments?' This question is at the heart of so many people's concerns about their work in the world of rental property and real estate. After all, your personal taste in what seems like a great place to live may—or may not—actually yield a competitive rate in the Pittsburgh rental market.
Updated July 7, 2022. Across the country (not just in Baltimore), millennials have long been heralded as 'the renting generation.' It was assumed (often erroneously) that millennials simply had no interest in owning homes of their own and were happy to keep renting forever. As is often the case, reality didn't entirely match assumption.
Updated March 29, 2022 When you work with a Philadelphia property management company like Rentwell, you'll know that we have our eyes on your property in every season to ensure your investment stays in peak earning condition! If you are a new investment owner in the Philly area, you might be wondering what kind of care your property needs to ensure your investment maintains its full value over time.
Updated March 29, 2022 'Should I update my rental property when there is so much uncertainty? If I do, what updates are going to make a difference, and what upgrades will just cost me money pointlessly?' There are a lot of variables that go into deciding on upgrades whether or not we still happen to be knee-deep in a global pandemic! Upgrades are a big deal. Thankfully, you've got Philadelphia property management experts on your side!
Updated February 7, 2022 'An ounce of prevention is worth a pound of cure,' as the saying goes, and this applies to renter screening in a very real way! Thorough renter screening does come with a cost, but doing it the right way, in the beginning, can save thousands of dollars and hours of work in the end when you avoid a risky resident who isn't the right fit for your property! Once you list your Philadelphia rental home successfully, it's crucial to screen every applicant to find your next renter.
Updated February 7, 2022 One of the more anxiety-causing tasks for a landlord is determining what to set the rental rate at, especially when the economy is unstable. As a Baltimore property management professional, here are some of the questions we've been hearing: Is it smarter to offer a lower than normal rent to get a tenant now? Should you price normally? Should you make it a little higher to ensure you have a financially stable tenant? Should you give up and sell your rental property?
Philadelphia:
301 E Baltimore Ave
Clifton Heights, PA 19018
Pittsburgh:
438 S Main St, 3rd Floor
Pittsburgh, PA 15220
West Chester:
26 S Church St Suite 2B
West Chester, PA 19382
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