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 […]

Change Rent Due Date on Philadelphia Rental Property

Property Manager Tip for Landlords You Can Change the Rent Due Date. As a property manager, we often accommodate our property owners in case of a late rent payment to make sure they receive their rent checks on time. And we view late rent payments as free money – a ten percent return (the maximum […]

Philadelphia Rental Properties Will Never Be Passive Income

If you own a rental property in Philadelphia, you already know that our market place requires landlords to maintain their properties to keep competitive with the other rental properties on the market. And unless you have one a good property management company, you know this requires a commitment of both time and money. (Click Best […]

Anti-Landlord Just Cause Legislation

There has been recent discourse from my property management forum about Councilman Jones’ Just Cause legislation. This anti-landlord / rental property legislation would allow a renting tenant to contest the legal termination of a lease, by going to the Fair Housing Commission to dispute it. I wanted to make landlords aware that under the leadership […]

Solve Frozen Water Line Pipes in Philadelphia

Plan for the 100 year storm! It took me a few years and 7 properties with frozen pipes to learn an important lesson as a Property Manager here in Philadelphia.  I learned that weather changes from year to year. Seems obvious; but yet it still escaped me! One winter was particularly cold; but what caught my […]

Rental Property Highest & Best Use?

Is your Philadelphia rental property at its highest and best use? Highest and Best Use is a Real Estate term that means the reasonable, probable and legal use of a property. From a Property Management, or a Real Estate Investment Perspective, “Highest & Best Use” simply means what is the most profitable state your Philadelphia […]

Overall picture of Zoning & Development in Philadelphia

Overall picture of Zoning & Development in Philadelphia February 22nd, 2018 at 12-1:30PM Greater Philadelphia Association of REALTORS® – GPAR  at 1341 N Delaware Ave # 200, Philadelphia, PA 19125 (Parking Behind Building) Presentation: Discussion of the overall picture of zoning and development in Philadelphia. Speaker: Frank DiCicco, Chair of the City’s Zoning Board of Adjustment Topics include: […]

6 Broken Things That Stop Tenants From Renting From You

So you are trying to find a tenant for your Philadelphia rental property; but its going slower than you thought?As a property manager I know just how expensive vacancy can be for a landlord – In fact vacancy is the number one decider on whether a rental property is profitable or operates as a loss.  […]

Here is the Amended Philadelphia Criminal Squatters Bill

Dear Leaders of Registered Community Organizations, At the last meeting of City Council’s Committee on Housing, Neighborhood Development, and the Homeless, Councilman David Oh’s bill dealing with Philadelphia squatters (Bill No. 170827) was voted down.  Committee Chair Allan Domb indicated at that time that he would try to facilitate an amendment that would address the […]