Do Hidden Safes Attract Tenants

I was at Property Management Mastermind Group with several top property management companies from around the country and after the conversation became more casual among the property managers in attendance, some asked our opinion on if hidden safes in rental properties add rental value. Essentially, the question is whether tenants would pay more rent and […]

Types of Property Managers

There are several different types of property managers. Heres a breakdown of what each type of property manager does. Each type of property manager is reflecting varying degrees of knowledge possessed at different management levels. Granted, the amount of authority also changes with the management level, but this is usually just a further reflection of a […]

Rental Property Philly 311 Guide

Nothing devalues a Philadelphia rental property more than its neighborhood. While a great renovation will greatly increase your rents and decrease your vacancy; the greatest decider on market price for your rental will be where it sits.Location is important, that’s no big secret in the real estate world; but does the Philadelphia rental investor have […]

Was Philadelphia’s Broad Street Ever Named 14th Street?

Short Answer is: Not ReallyPhiladelphia never really had a street labeled: “14th street”, though Broad Street serves as 14th Street, as its sits wonderfully between 13th and 15th Streets.Owning a property management company that specializes in Center City Philadelphia, I encounter the city’s best known arterial multiple times daily. And I’m also the property manager […]

11 Strategies to Increase Tenant Retention for Higher ROI

11 Strategies to Increase Tenant Retention for Higher ROI Do you want to boost ROI on your Philadelphia rental properties? Simply minimize your rental turnovers to the lowest possible. During turnovers, your property is vacant, and you are not earning rents, but you still have to pay the mortgage. Additionally, you may have to repair […]

Collecting Late Rent Fees in Philadelphia

Start Collecting Late Rent Fees Most experienced rental property owners will tell you that it’s not uncommon for tenants to pay their rental payments late. And it can cause financial problems for landlords who have their own expense to pay. Even the rental property itself has its own financial obligations that must be met – […]

Property Management Technology

How Technology Runs a Property Management Company Technology. In some fields it’s taking jobs, in but in fields like property management tech is merely adding important tools that help property managers untangle, and organize a sometimes complicated business. Owning a tech first property management company has allowed us a level of service we would never […]

Setting Up Simple Tenant Rent Reminders

Your tenants keep paying their rent late and it’s causing you problems with your rental property investment? Here’s a tip from a Philadelphia Property Manager that might help. Create a rent reminder that will be sent automatically to the tenant each month. You like automatic – you want your rental property to pay you passively […]

Message from the Pennsylvania Board of Realtors to Philadelphia

Message from the Pennsylvania Board of Realtors to Philadelphia Real Estate Agents Regarding the Recent Purposed Property Tax Hike to Property Owners: Dear GPAR Member, I hope this message finds you and your business doing well. I write to you about the City of Philadelphia’s FY2019 budget proposal and our positions on it. Where does […]