For inactive Philadelphia real estate investors, they are usually exposed to several risks. In mitigating these risks, an important factor to be considered is diversification; and Philadelphia is an ideal environment for that. It has a great many different neighborhoods, income levels, and tastes. Becoming an inactive real estate investor might be due to various […]
If you own a Philadelphia Rental Property, you have probably had involvement in an appraisal. If you borrowed money to purchase your rental property, the lender very likely had an appraisal done. They might not have shared as much of it with you as you deserved, but it still was something that likely happened. Also, […]
Irrespective of the winter storm emergency, your tenants, and your rental property, will stay safe if these tips are followed accordingly. There is no need to be frightened when you discover your rental house has been covered by snow. Here are tips to assist you in managing common household emergencies that can emanate from cold […]
Most of the people go on their own when it comes to the process of property management in Philadelphia. It can be easy if you have been into the property management business in the past but if you are a local person who has no past background in managing the property, then it can get […]
As a Philadelphia Property Management Company, our lease is perhaps the most important document we use. It is the legal agreement between my company and our tenant. An attachment to that lease, and therefore a part of that legal agreement is a set of house rules. The house rules are just what you think they […]
Virtually all people involved in managing a property for rent, understands the importance of having potential rental applicants screen for credit. This applies to professional Philadelphia Management Companies like ours, Landlords and Real Estate Agents. And in Philadelphia, its hard to find a tenant looking for a rental that doesn’t expect to have some form […]
How Accurate is the City of Philadelphia Property Assessment on Rental Property? Most property managers, real estate agents, and experienced real estate investors, often hear from clients or potential sellers how their property is worth a certain amount because their City of Philadelphia Assessment tells them so. Unfortunately, a property’s value is generally very different […]
City Councilman Allan Domb said he thought the city should look first at cutting spending and making government more efficient instead of raising taxes — and, in the future, should consider a revenue-neutral system. “Otherwise,” he said, “it’s a backdoor way of collecting taxes.” This is good news for Philadelphia Rental Property Owners. The less […]
From Philadelphia Mayor Kenney: “Now that the legal challenge is over, we’re moving full steam ahead with Philadelphia preK, community schools, and Rebuild, our plan to improve parks, rec centers, playgrounds, and libraries. We’ve already served 2700 kids in 2000 Philadelphia preK seats since 2017, and we’ll now be ramping up to 5500 seats. These […]
