September 2022 Newsletter

Eviction Timeline Updates

We’re almost back on track! Rent court’s timeline for scheduling cases now only takes one month from the date filed - making it easier for us to evict tenants for non-payment of rent.

Cash for Keys Program

Cash for Keys is an agreement between an owner and a tenant for a renter to move out on an agreed-upon date in exchange for $500* cash.

If you have a tenant who stopped paying rent or is a nuisance due to incessant maintenance requests, you might want to consider offering Cash for Keys Program to get them to leave.

*Initial offer recommended by PropertyWize

New Collection Attorney

We are pleased to announce that we have switched to a new collection attorney who not only has significant experience but also is highly recommended by many property managers and landlords in Maryland.

If you are interested in filing a Money Judgment for a former or current tenant, feel free to reach out to us by submitting a request through your Owner’s Portal.

Eviction VS Money Judgment

What's the difference?

Eviction is for owners seeking possession and is also known as "Pay to Stay" judgments. If the tenant pays, the eviction shall be canceled.

Money Judgments, on the other hand, is for owners seeking to collect the money owed - whether the tenant has vacated the premises or not.

For more information, read here.

Process to Change Maintenance Plan

We understand that you are concerned about the maintenance requests that you have been receiving. You may consider to update your current maintenance plan. Visit this link for more information regarding the current plan that we are offering.

Payment Schedule and Rental Owner Statement

Payment disbursement is every 15th of the month, unless it falls on a weekend or holiday, then it will be released the very next business day.

You may determine the amount of your disbursement by looking for the Available for payment.

Tips when running the rental owner statement:

• Check the property beginning balance

• Run the rental owner statement including the transaction details

Annual Inspections

Mid of each year, we conduct an annual property wellness checkup walk-through visual inspection for each unit or property. The aim is to check all the safety items, be on track with the preventive maintenance items, and update the inventory checklist for each unit.

Owner Benefit Package

Minimize Your Exposure... and Headaches:
When a tenant defaults on the rent, it can take months to regain your property and get another tenant in place. Meanwhile, you're continuing to make mortgage payments and incurring additional expenses on the property, all the while losing rental income. Enter the Owner Benefit Package.

Keep Reading

Rental License Registration and Renewal

Mid of each year, we conduct an annual property wellness checkup walk-through visual inspection for each unit or property. The aim is to check all the safety items, be on track with the preventive maintenance items, and update the inventory checklist for each unit.