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How Do You Create a Rental Property Profit and Loss Statement?

The secret to a successful rental property investment in Maryland is to manage it like a business. Many first-time landlords assume their rental property will be profitable the moment a tenant moves in and starts paying rent. But there is so much more to it!  When you start seeing your rental property investment as a
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How to Rent Out Your Home in Maryland: Guide for Homeowners

Renting out your Maryland home can be one of the most rewarding financial moves you make, providing steady income, long-term equity growth, and increased flexibility for your plans. Whether you’re relocating, downsizing, or exploring real estate as an investment, converting your property into a rental offers clear advantages. But success doesn’t happen by chance. Maryland
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How to Ensure Your Maryland Rental Is Legally Compliant

Owning a rental property in Maryland involves a ton of responsibility, including ensuring your rental is legally compliant.  There are strict (and important) laws and regulations that landlords must abide by in order to legally operate their rentals. Learning about these laws before you start your rental property business is essential to your success and
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9 Rental Maintenance Mistakes That Cost Maryland Landlords Time and Money

Owning a rental property in Maryland can be a wise investment, but it also comes with responsibilities—especially when it comes to rental property maintenance.  Property upkeep doesn’t just affect the value of your rental; it plays a significant role in tenant satisfaction, legal compliance, and long-term profitability. Unfortunately, many landlords make avoidable maintenance mistakes, leading
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How to Setup Utilities When Renting in Laurel, MD

Setting up utilities like electricity, water, gas, and internet is crucial for ensuring a smooth transition when moving into a new rental home.  A reliable property management company, when employed by a landlord, can help guide renters through the process, making it easier to understand what’s included in the lease and which services need to
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How to Start a Rental Property Business in Maryland (10 Steps)

Building a solid rental property investment portfolio can set you and your family up for creating generational wealth. But, it’s not as easy as buying some rental units and then waiting for the passive income to roll in.  The key to successful real estate investments in Maryland is running your rental properties like a business.
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An Overview of the Eviction Process in Maryland

Evicting a tenant is a strict legal process that must be followed precisely. Landlords who stray from the legal process or take the eviction into their own hands could face even more issues with their tenants and give up their rights to an eviction.   So, how should landlords in Maryland deal with tenants that
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When Is It Time to Sell My Maryland Rental Property?

The Maryland real estate market is dynamic, offering property owners a range of opportunities to achieve strong returns on their investments. However, knowing when to hold on to your rental property and when to sell is critical to maximizing your investment’s potential.  Rising vacancy rates, shifts in property values, and increasing maintenance costs can significantly
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