When processing applications from potential tenants, it’s important to know certain types of background information so you can make the best choice for your new renter. You may get a good first impression of a tenant, but unfortunately, you can’t always rely on your impression to make the right decision. Doing your homework when it […]
It’s never easy to find out your tenant wants to prematurely end their lease. As a landlord, you not only count on the income from your investment property, but it’s also in your best interest to keep your unit filled, and not just for monetary reasons. A vacant unit can increase your property insurance, and […]
If you’re moving or traveling and want to transition your primary home into a rental property, there are a few key steps you need to take. Having an income property is great. Still, in order to reduce your liability and create a sustainable investment, you have to check off all the necessary steps to turn […]
The rental market in DC is always growing, make it a dynamic opportunity for landlords. However, DC is one of the most protective areas in the country when it comes to tenants. DC laws and regulations make it essential to have a proper lease when renting out your property. Don’t just go pick up a […]
Have you been managing your own income property, or have recently purchased an income property? Maybe you’ve taken some steps to set up your rental unit but aren’t sure if you’re doing everything right. Or, maybe you’re finding that managing all the details of your investment is a bit more time consuming than you’d originally […]
Managing a rental unit or several units takes time and effort that many people simply can’t dedicate to have a successful income property. Turning to an experienced DC property management company can make life easier for both you and your renters, allowing you to stress less about your investment. But what should you expect when […]
When you have an income property, you have the option of managing it yourself or having a professional property manager do it for you. Running a rental property is a business, and handling all aspects of your investment involves more than making sure the property itself is taken care of. You’ll also need to manage […]
Whether you’ve been renting out your income property for years or this is your first time as a landlord, it can be a lot of work to get a property ready to rent. Even if your unit is in good condition or is a new-construction build, not every property is automatically considered to be rent […]
As a landlord, it’s part of your job to handle the necessary repairs at your income property. Even if you have a property manager take care of these tasks for you, you still need to have disposable income ready for everything from minor repairs to emergency ones. While having available funds for repairs is essential, […]
You take precautionary measures when it comes to your investment property, but did you know that tenant notification should be among them? Proper notification for your tenants can not only help protect your investment property, but improve communication between you and your tenants for a sustainable, mutually-beneficial relationship. At FAS Management, we know that the […]
