Being a landlord is more than just collecting a monthly rent check. If you’ve been managing your Maryland rental property independently, you may have faced some difficult situations. When you manage your own rental property, you are responsible for ensuring your rental business is compliant, tenants are satisfied, and the property is well-maintained. For many,
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As a property owner in Maryland, you know that keeping a good tenant is one of the most effective ways to protect your investment. Lower turnover means less time and money spent on vacancies and make-ready costs. To help you navigate the rental market, we’re offering key insights into what renters expect from property managers
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Raising the rent is a reality of owning and managing rental property, especially in the highly competitive and now heavily regulated Silver Spring market. For smart landlords, retaining good tenants while protecting profitability is the ultimate goal. In Montgomery County, MD, achieving this balance requires a meticulous understanding of the Rent Stabilization Law. If you
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Part of being a landlord is receiving maintenance requests from tenants. These requests can come at any hour of the day, especially in emergencies. Understanding how to prioritize rental maintenance requests and handling them properly will take the stress out of making repairs and can also boost tenant retention. One of the most common
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Evicting a tenant in Silver Spring or anywhere in Montgomery County, MD is a strict legal process that demands precision. Landlords who stray from the correct judicial procedure or take matters into their own hands (such as changing locks or shutting off utilities) are subject to substantial civil liability and risk losing their right to
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Working to fill a vacant rental property can be a stressful time for landlords. As your property sits empty, you’re actively losing money. One thing you can do to fill vacancies faster is to implement proven marketing tactics in your rental listing. Listen, finding high-quality tenants is just half of filling a vacancy. You first
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Navigating the world of property management is no small feat, especially when financial hurdles arise. One pressing dilemma landlords and property managers face is whether to accept partial rent payments. While flexibility might seem like a tenant-friendly approach, it carries implications that could significantly impact your rental business. This blog examines the pros and cons
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Having a vacant property can be a landlord’s nightmare. It’s understandable to worry about an empty rental costing money, but rushing to fill it with just any tenant could lead to bigger issues. High-quality tenants who respect your property and pay rent on time are worth the wait. When you take a diligent approach to
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