Good tenants aren’t easy to find, and once you do find them, keeping them can be challenging. Your renters’ lives change, and there are unavoidable reasons that they leave, whether to be closer to family, buy a house, or take a job somewhere else. However, some reasons tenants leave are things you have control over […]
If you have an income property in the nation’s capital, you know that keeping your investment running smoothly requires a lot of time and effort. Whether you manage your property completely on your own or have a maintenance person you hire when necessary, being both a landlord and a property manager isn’t something everyone wants […]
What happens when you’ve found great tenants but a couple months into their lease, they ask to paint your rental property? If you’re like many landlords, you’ve stuck to neutral colors such as white, beige, and maybe the occasional gray. Maybe your tenants aren’t keen on these colors, and want to change the walls to […]
Landlords in the D.C. area face many challenges that can cause stress. In order to reduce the anxieties that can impact your peace of mind, you want to be able to anticipate issues and know how to deal with them. Here are three common problems you may encounter and the best way to handle each […]
From changing seasons to changing administrations in the White House, there are many factors that have a swift impact on the DC rental market. So what can we expect in 2021 and beyond with the new administration in place? We’re only a couple of months in, but the market is already seeing changes. Good News […]
Offering incentives to your renters to get them to sign the lease can help you fill vacancies faster, especially when the rental market is unpredictable, or you’re struggling to fill your unit. Incentives can also be a useful way to attract tenants to your rental property and make your asking rental price seem more fair. […]
The past year has changed the DC rental market in unprecedented ways. The typically busy warmer months of the year for the rental market were initially stagnated by stay-at-home orders, while some tenants were changing rental properties based on financial hardships. The market has since predictably slowed, and yet, the demand for housing is high. […]
There are several reasons that tenants may choose to break a lease early, but only some of them are considered permissible under DC law. Provided your lease is legal, it’s enforceable by law, and your tenants should commit to living in the property and paying the agreed rent payment until the end of the lease. […]
If you have a home in Washington, DC with a basement, you might be tempted to rent it out. If you’re just using the space for storage or it’s sitting empty, why not take the opportunity to make some extra cash, right? Not so fast. Renting out your basement without going through the proper channels […]
Welcoming tenants to your rental property is an important part of starting your relationship with a positive tone. A great way to help new renters feel welcome and appreciated is by making welcome packages that you can place in the unit before they move in. A welcome package is typically a basket or a decorative […]
