As a landlord, your lease agreement with your renters is legally binding. That is, if you have a lease that’s legal according to your state and local laws and is specific to your property. Purchasing a standard lease and filling it out doesn’t always protect you and your tenants throughout the lease term. Your lease […]
If your previous tenants took good care of your income property, you may not think it’s necessary to have the unit professionally cleaned before renting to new tenants. However, even if the property looks fine, having the space professionally cleaned is important for a few reasons. What exactly is a professional cleaning, and why does […]
Every landlord wants their rental property to be as efficient as possible. From maintenance routines to energy efficiency, cutting costs and reducing your effort as a landlord can help make a more profitable—and stress-free—investment. Making changes toward better energy efficiency for your rental property doesn’t have to be expensive or overwhelming. Simple changes can often […]
Owning a rental property can provide you with extra income and, over time, become a sustainable investment. However, while owning an income property can offer monetary benefits, being a landlord requires time and commitment. If you’re a first-time landlord in the nation’s capital, it’s natural that you’ll make a few mistakes over time as you […]
Landlords typically don’t want to hear that their tenants are terminating the lease early, unless the tenant has caused problems from the start. Whether or not your tenant leaving is welcome news, you have some decisions to make as a landlord in DC when a renter breaks the lease. If you’re an income property owner […]
Being a landlord isn’t easy. Taking care of your income property demands time and energy, and it’s often a 24/7 job. For many DC property owners, hiring a property management company helps them more effectively manage their investment while having more free time. Property managers can take over some or all of your rental property […]
There can be a lot of competition in the rental market, especially if you’re in a popular location or are marketing your unit during peak times such as spring and summer. If you want to improve your odds of attracting tenants and getting the amount of rent you’re asking for, it could be worth considering […]
As the seasons change, so do maintenance tasks for landlords. Being mindful of how the changing weather can affect your investment is crucial to proper upkeep as a property owner. Fall is an important time for property owners in Washington, DC and Maryland, because it precedes the harsh winters we often see in the area. […]
Furnishing your rental property is a big decision to make. A fully furnished unit generally has everything your tenants need to move in without much effort. You also have the option to do a partially furnished unit or an unfurnished unit for your renters. Whether you choose to furnish your rental property depends on your […]
If you have an income property and are thinking about selling it, consider working with a property manager first to revamp your investment. Even if you’re facing building violations, making your property more valuable doesn’t have to be complicated. You can keep your existing tenants happy, improve the state of your property, and create a […]
