Philadelphia Property Management Company Blog
What type of tenant should you look for?
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 […]
What do Philadelphia tenants want in a rental?
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 […]
How to stage your Philadelphia rental
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?
“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 […]
Property Management Companies – What They Do For You?
Multifamily rental renovation ROI
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 […]
How rental properties give you a leveraged return unlike other investments
Increase Rent and Increase Your Cash Flow
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 […]
How much rent can you expect for your Philadelphia property?
As someone interested in renting their property, you are a real estate investor. And as a real estate investor you might have your own successful strategies. Your strategies might exceed my property management perspective; but I thought you might find the below information on Rental Strategies helpful: Rents vary, but 8% to 10% of a […]
