Innovate Realty & Management Property Management Blog

Philadelphia’s New Security Deposit & Application Fee Law: What Landlords Need to Do

By Innovate Realty & Property Management Friday, November 21, 2025

Vacancy risk, turnover, compliance, then your best applicant asks, “Can I split the deposit?” In Philadelphia, that’s often a required yes. Two new ordinances, Bill 250045 (passed June 5, 2025) and Bill 250044-A (passed June 12, 2025), were signed on Septem...

What Neighborhoods Are Safest for Families in Philadelphia?

By Innovate Realty & Property Management Friday, November 7, 2025

Good news for landlords: families are renting longer in Philly neighborhoods that feel safe, walkable, and connected. With citywide crime easing from pandemic highs and more blocks buzzing with parks, schools, and transit, you can match great homes to the right streets and e...

Philadelphia Tenant Turnover: What’s Driving Move-Outs and How to Reduce Churn

By Innovate Realty & Property Management Tuesday, October 21, 2025

You know the moment: your Philadelphia tenant gives notice, the keys come back, and the clock starts on lost rent. One empty month can wipe out a year’s worth of careful budgeting once cleaning, repairs, and leasing costs pile on. In a market where renters have options...

Philadelphia “Good Cause” Protections Around Lease Terminations

By Innovate Realty & Property Management Tuesday, October 7, 2025

Lease ending soon? You send a non-renewal and the tenant replies, “What’s the Good Cause?” In Philadelphia, providing the wrong reason or late notice can result in the lease being auto-renewed month-to-month at the old rent, potentially sparking a Fair Hous...

Understanding Lease Renewal and Extension Rules in Philadelphia

By Innovate Realty & Property Management Sunday, September 21, 2025

You know the feeling. The lease end date is creeping up, your calendar is packed, and you’re still waiting to hear whether your tenant plans to stay or suddenly vanish like your last security deposit dispute. For Philadelphia landlords, lease renewal season isn’t just...

How to Become a Landlord in Philadelphia: A Step-by-Step Guide to Starting a Rental Business

By Innovate Realty & Property Management Sunday, September 7, 2025

Owning a rental in Philly means more than handing over keys; it means wrestling with rental licenses, lead safety rules, zoning quirks, and the city’s not-so-light stack of requirements. The process involves multiple forms, fees, and compliance steps that can challenge...

Philadelphia Rental Market Trends: State of the Market in 2025

By Innovate Realty & Property Management Thursday, August 21, 2025

Picture this: it's July 2025, and you're checking your listings in Philadelphia—once a hotbed of explosive demand—and noticing something has shifted. Rents aren't skyrocketing like during the pandemic era, yet tenant turnover remains steady. Landlords...

How Property Managers Support Legal Compliance in Philadelphia Rentals

By Innovate Realty & Property Management Thursday, August 7, 2025

As a landlord in Philadelphia, you know the rewards of owning rental property: steady income, long-term equity gains—but also the underlying tension that comes with legal complexity. From eviction protocols to lead-paint rules and rental licenses, a single misstep can resul...

2025 Guide to Up-and-Coming Philadelphia Neighborhoods for Investors

By Innovate Realty & Property Management Monday, July 21, 2025

Philadelphia’s real estate market in 2025 is full of promise for investors who know where to look. From vibrant neighborhoods like Spring Garden to the rich history of Old City, demand is surging in areas with character, convenience, and growth potential. With modern c...

Philadelphia Rental Trends: What Tenants and Landlords Should Expect This Year

By Innovate Realty & Property Management Monday, July 7, 2025

Philadelphia landlords are navigating fast-changing rental market trends, with shifts unfolding almost every month. Just last month, news from across PA revealed that local rent patterns are closely tracking broader country-wide changes. Rising costs, evolving tenant ex...