What does normal wear and tear look like? It’s a term that is thrown around a lot, whether we’re talking about worn clothing, cars that look their age, or rental properties. Normal wear and tear is the gradual deterioration of a property due to its intended usage. ...
If you are renting out a property, it is important to know what to do if a tenant damages your rental home. This will always be frustrating for you to deal with, and the cost of repairing that damage will likely fall to you initially, until you can recover funds from...
A move-in property condition checklist is an essential tool for anyone who has tenants living in their investment property. This checklist will create a clear record of the condition of the rental property at the time when a tenant moves in. With a move-in property...
One of the biggest rental property mistakes a landlord can make is not properly preparing for an eviction. This is an expensive mistake, and not preparing for an eviction will result in extra costs and longer delays. Evictions involve complex legal procedures, and if...
When it comes to leasing, managing, and maintaining your Philadelphia rental property, you may be considering whether or not to hire a professional property manager. For experienced real estate investors, this question does not require a lot of thought. Investors know...