The Importance of Rental Property Inspections in Washington, D.C.

The Importance of Rental Property Inspections in Washington, D.C.
Did you know that rental property maintenance will cost about 1% of the property value per year? Setting aside money to cover repairs and damages is important for landlords.However, there are some cases where you can charge tenants for damages that they cause. To do this successf...

How to Become a Section 8 Landlord in Washington, DC

How to Become a Section 8 Landlord in Washington, DC
More than 3,400 District of Columbia landlords participate in the Housing Choice Voucher Program or Section 8, which helps qualified households cover rent.Because the wait lists tend to be long, the pool of potential tenants is large. That, plus the guaranteed payment through the...

A Landlord's Guide to Lease Renewals

A Landlord's Guide to Lease Renewals
The housing market is on a high right now, with many landlords taking home higher profits than they might have even imagined when they first started investing. If you've found yourself in this boat as well, it's important that you take the time to learn a lot about lease ...

Everything Landlords Should Know About Security Deposits

Everything Landlords Should Know About Security Deposits
More than a third of Americans rent their homes as of 2019. The COVID-19 pandemic continues to cause havoc in the rental industry, making rent collection difficult for new landlords.At times like these, landlords need to return to the fundamentals. Almost every landlord collects ...

Support Animals in Rentals: What Landlords Need to Know

Support Animals in Rentals: What Landlords Need to Know
Hundreds of thousands of people have emotional support animals (otherwise known as ESAs). The number is always rising as the stigma against mental healthcare starts to dissipate. As a landlord, you're going to encounter tenants who have their own support animals. Bu...

How To Become a Landlord With a Small Investment

How To Become a Landlord With a Small Investment
Purchasing a rental property and becoming a landlord is a great way to earn some passive income. Unfortunately, this is something that for many people seems out of reach. Property costs money and in the US 32% of people don't own their own homes let alone a second one fo...

Rental Valuation: How Much Rent Can You Get?

Rental Valuation: How Much Rent Can You Get?
Rental prices across the country are on the rise. Inflation and housing demand are two primary factors driving up rent.In Washington D.C., rental prices for studio and one-bedroom apartments are up 23% and 15% respectively. A two-bedroom apartment costs you more than $3,200 on av...

How to Make Rent Collection in Washington, DC, Easy

How to Make Rent Collection in Washington, DC, Easy
Is rent collection the bane of your existence as a landlord or investment property owner?You might travel across town once a month to pick up the payment, and, more often than not, your tenants don't seem to be home. Maybe you have a tenant who fails to pay rent on time every...

Pet or Pest?: Should You Accept Pets in a Rental Property?

Pet or Pest?: Should You Accept Pets in a Rental Property?
It shouldn't come as a surprise to you that pets are valued family members. Our pets are our loyal companions, and some might argue that pets are more loyal than other humans. They make us feel loved and prevent us from being lonely.Landlords might consider allowing pets on t...
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