The goal of every real estate investor is to maximize the ROI on their property purchases. One of the oldest and most successful ways to do this is by investing in multifamily property. A new real estate investor may shy away from a property with three or four units in it out of pure fear.
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Are you considering buying an apartment building in Montgomery County, MD? Learn about the essential factors that can make or break your investment.
Don’t miss out on great investment opportunities by only sticking to your local area. Learn how to manage out of state rental property.
Owning a small multifamily property in Prince George’s County can be daunting, especially if you’re a new landlord or don’t have experience managing that type of property. Instead of just one, you’ll now have two to four new units to fill, manage, and maintain. If this is the case, you’re in need of some tips
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There is more to protecting your rental property in Gaithersburg than screening tenants, drafting lease agreements, and inspecting your property. In fact, one of the most important things a landlord can do is collect security deposits at the start of every lease. Though you expect your tenants to follow the rules and care for your
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Whether you are a new landlord in Montgomery County in Maryland or are still debating on working with a property manager, you probably have a goal to increase tenant retention. Having your current tenants renew their leases and live in your rental property for another year or two is one of the best ways to
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No business can be successful without knowing exactly how much money is coming in and how much is going out. The same is true for your rental property business. Even if you just own one or two rental properties, treating them like a business is key to your long-term success as an accidental landlord or
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If you’ve been experiencing a loss on your rental property, there’s no need to panic. There are several reasons your revenue might not be living up to your expenses and perhaps making some adjustments could make the difference. Here are 6 things to consider if your Maryland rental property business is currently losing money. Unexpected
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When you bought your first rental property, you were probably determined to manage it yourself. But, as with many first-time landlords, it probably didn’t take long to realize that it was more difficult and time-consuming than you had originally thought. After a year or two, you may be considering hiring a property management company to
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