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 […]
As you begin the hard search for a good tenant to rent your property, there are a few things to consider. One is: Who would you like to rent to? Executives? Long-term rental? Short-term rental? Families? Students? There are many laws involving who you are allowed to not rent to. But the above list is […]
As a Rental Owner/ Real Investor you already know some improvements, while improving your home’s value, will not necessarily improve your profit (cash flow). One thing that will improve profit is Closet Space: According to a nationwide survey conducted by the market research company GFK Roper Reports, closet space was on ranked among the top […]
I understand you have your own real estate investment strategies but I thought you might find the below information on staging helpful. As a property manager I have to advantage my clients anyway I can. This includes increasing their chances to rent their units faster, to better tenants & for more $. So, I recommend […]
“What if a tenant stops paying rent?”. A bad tenant reduces cash flow – usually enough to turn positive cash flow into a devastating negative loss. One month your income property is paying you – the next you are having to pay the difference of lost rent. That’s a real problem if you are relying […]
Owning a rental property makes you a Real Estate Investor. Here are some investment strategy tips on how improvements can affect your investment. Improved Properties Increase Rent – Which will increase your cash flow. Improvements are Tax Deductible. Improvements Increase Property Appreciation. Each improvement that you make to your properties will be funded by your […]
In my last letter to you I suggested rent formulas often used by Property Managers like myself. Another strategy that you might find helpful will be Incremental Rent Increases. Managing my client’s properties, it is my responsibility to greatly maximize their investment, and to advantage them every way I can. One of the ways I […]
