This past year has been a difficult one for landlords. As the COVID-19 crisis has impacted the entire country, landlords have dealt with a variety of issues including shifts in housing patterns, a federal moratorium on evictions, and a need for implementing new procedures and pro...
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How Do I Transfer Title of a Property From a Person to an LLC?
For owners of rental or investment real estate, it’s common to form a limited liability company (LLC) and transfer title to the property from the individual owner to the LLC.Transferring property to an LLC can limit your personal liability if someone is injured on the prope...
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We actually started offering virtual showing tour in early 2019, mainly as an option for high-end luxury rental homes in order to provide visual access to prospects who are limited on mobility and find it difficult to attend traditional in-person showings and where we had an oppo...
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The Cycles of Leasing- Yes it’s a Real Thing just like Most Business Cycles! Why your rental stays...
When is Peak Rental Season? Peak rental season is when there are more tenants looking for rental properties. This happens in the summer, specifically May to August.When is Trough Rental Season?Trough rental season is when there are less qualified tenants looking for re...
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1. Protection from liabilities.LLCs protect you from liability claims. Anything that’s a claim against a property—like, “Hey, I slipped and fell”—an LLC is an entity that can stand between you and that. The party will come after the LLC, not you pers...
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The best move a real estate investor can make is to not hire a bad property manager in the first place. Use these questions before hiring a new property manager and to routinely monitor the performance of your current manager.Key questions to askAsking these questions can help se...
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The Cost of Property Management – Always Look Under the Hood.
I know the subject of this blog may have caused 3 reactions. Some people may have rolled their eyes and scrolled away. Or perhaps you were a bit excited, the title alone made you curious enough to continue reading as you are in the process of starting your real estate investing b...
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How to Keep Positive Cash Flow on Your Rental Property in 2019
If you want to be a profitable landlord, it requires more than just pocketing a rent check every month. You must understand the rental market to know how to best increase your bottom line. You can encounter costly mistakes and legal pitfalls if not careful. Learning to maneuver t...
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On August 1, 2018, a new law takes effect requiring all Baltimore City rental properties, including one- and two-family and multi-family dwellings, to be licensed to operate as a rental by January 1, 2019. In order to receive a license from the Department of Housing and Community...
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Should I Rent to Section 8 Tenants? A Guide to the Housing Choice Voucher Program
The term “Section 8 tenants” refers to renters who qualify for the government’s Housing Choice Voucher Program.So how do people qualify, and what exactly is this program?Renters who qualify must have an extremely low income, and if they do, the program helps the...
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