Baltimore Property Management Blog

A Complete Guide to Real Estate Asset Management

PF Admin - Tuesday, August 23, 2022

Around 11 million American landlords would agree that real estate assets are amazing investments to add to your portfolio.Owning a real estate asset is a great way to earn passive income. It doesn't come without a good deal of work, however. If you're going to maximize yo...

What is a Real Estate Agent Referral Program?

PF Admin - Tuesday, August 9, 2022

If you're the type of person who is independent, self-motivated, and loves challenges, real estate could be your calling. Real estate agents and brokers were involved in 92% of houses sold in 2021. There are also about 120 million occupied dwellings in the...

Landlord’s Guide to the Lease Application Process

PF Admin - Tuesday, July 26, 2022

According to the IRS, about 10.6 million Americans earn rental income from about 17.7 million properties. If you’re one of these landlords, you want to have as smooth of a renting experience as possible.One of the biggest parts of determining how to lease an apartment is fi...

How to Rent Out a Basement Apartment

System - Tuesday, July 12, 2022

In 2021, New York Mayor Bill de Blasio reported that New York City alone has more than 50,000 basement apartments. While not all cities have committed to basement apartments to the extent New York has, more cities have started looking at basement units to address housing con...

When to Conduct a Rental Analysis

PF Admin - Tuesday, June 28, 2022

Did you know that renters occupy 52% of the occupied housing units in Baltimore? With so many renters, it’s a great market for an investment property.But before you take the plunge and buy a property, it’s important to make sure you’ll get the right return on in...

How to Avoid Common Rent Collection Mistakes

PF Admin - Tuesday, June 14, 2022

Nearly 20% of American tenants are behind on their rent payments. Even when you have screened renters thoroughly, the most diligent can miss or forget about payments. So how do you improve the collection process?If you are using an outdated system, then you are inviting prob...

6 Things To Know About Leasing Management in Baltimore, MD

PF Admin - Tuesday, May 31, 2022

Did you know that the global real estate rental industry will grow at an 8% CAGR between 2021 and 2023?This increase in demand for rental units calls for efficient leasing management. This enables the property owner to run and operate their rental business smoothly.Good rental pr...

Maryland Property Managers: 7 Tips for Getting Started

PF Admin - Tuesday, May 17, 2022

According to Maryland Realtor's monthly report, the median price of homes in the state rose by 8.3% (year-on-year).If you're interested in being a part of a company of property managers, this is the time. While the money is good, you need to be aware that new li...

The Beginner's Guide to 1031 Exchanges

PF Admin - Tuesday, April 26, 2022

Real estate is the best asset class for building and preserving wealth. There are countless tax-saving incentives when it comes to real estate, helping you keep more of your hard-earned money to grow your portfolio.The problem comes when you sell a property, as you'll be liab...

5 Reasons to Run a Tenant Background Check

PF Admin - Tuesday, April 12, 2022

As a landlord, it’s almost impossible to be sure that someone is who they say they are. This is where a tenant background check is critical. A background check for tenants helps you find the most qualified candidates and gives you some much-needed peace of mind.From verifyi...

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