Property Management Blog

Essential Tips for First-Time Landlords in Germantown, Maryland

Germantown property investment is an attractive option for those wanting to benefit from the town's growing popularity. The city is appealing to families and presents many opportunities for house flipping, too.However, Maryland still boasts growing rental vacancy rates, which...

What's Next After Buying Your First Rental Property in Germantown, MD?

So you've taken the big leap and purchased your first rental property in Germantown, MD. Congratulations! However, the journey of a real estate investor doesn't end here; it begins.Managing your rental property can be a daunting task, especially if you're new to the g...

Which Up and Coming Neighborhoods in Germantown, MD Should You Be Investing in Now?

You've heard the whispers - Germantown is the place to be. But with so many unique neighborhoods, each with its own character and charm, how do you know where to start? Whether you're a savvy investor looking to expand your portfolio or a first-time homebuyer seeking the ...

Smart Tips for Maintaining Your Germantown, MD Rental Property Accounting Records

Rents are up in Germantown, MD, and vacancy rates remain low. Are your investment properties bringing in as much as they should be?Improving your rental property accounting can help you increase revenue and lower expenses. You can track your income and expenses more accurately. B...

How to Get Your Germantown, MD Tenants to Renew Their Leases

You've spent months finding the right tenants, ensuring the property is in top condition, and creating a positive relationship with your renters. But as their lease term comes to an end, you notice signs of uncertainty.They might be considering moving to a new location or loo...

How to Manage Landlord Stress in Germantown, MD

Being a landlord in Germantown, MD, can feel like juggling a dozen tasks at once-property maintenance, tenant issues, and rent collection, just to name a few. It's a lot to handle, and the stress can build up quickly.But what if there was a way to make your life easier? What ...

Is Outsourcing Your Tenant Screening Process in Germantown, MD, a Good Idea?

Tenant screening is one of the most important steps in property management. It ensures you have reliable tenants who pay on time and take care of your property. As a landlord or property manager in Germantown, MD, you've probably considered outsourcing this process.PMI Milest...

What Are Typical Application Fees?

68% of tenants pay application fees when applying for rentals. However many tenants and landlords don't understand what their purpose is.A property management company will review applications carefully to find the very best tenants. Learning more about potential tenants and t...

How Do You Calculate Prorated Rent?

A record-breaking 43.5 million people visited Maryland in 2022. As property managers, this surge in visitors offers significant potential, particularly during holidays or major events. Prorated rent can help you accommodate short-term renters during these peak times.By prorating ...