A Step-by-Step Guide to the Eviction Process in Baltimore City
Handling evictions are unfortunately a requirement for property managers in Baltimore city. It happens to all of us at some point in the course of our landlord careers — that point in time where we have to evict a nonpaying tenant. However, giving tenants “second chances” to put off the inevitable rarely works out.
Read MoreHow to properly analyze a Baltimore investment property
Buying an investment property in Baltimore can be a rewarding and profitable experience or a money pit, and it all depends on how well you can analyze the numbers. All of your money will be made on the buy and realized when you sell! Consider this guide as an introduction to property analysis 101; You…
Read More5 Effective Ways to Improve Your Tenant Placement in Baltimore
What are 5 effective Ways to Improve Your Tenant Placement efficiency in Baltimore? As a rental property owner, it’s likely you hope to always have a 100% occupancy rate. In fact, you probably hope to land a long-term tenant who renews their lease each year. But anyone who has been in the rental property industry…
Read More6 Tips for pricing your rental property
When you are ready to list your property for rent, pricing is everything but how do you price it? We have compiled our best tips for pricing your rental property here! The monthly rent amount is a significant factor in how successful you will be in renting to a quality resident quickly, making a monthly…
Read MoreMaintenance Tips For Baltimore County Tenants
Renting a home in Baltimore County VS buying a home has many benefits for residents. The majority of the maintenance responsibly falls on the landlord or property manager in Baltimore County, Maryland. With that being said, it is vital that you, as the landlord or your property management company, educate your Baltimore County residents on…
Read MoreTop 4 Eviction Mistakes Made By Maryland Landlords
While no landlord looks forward to an eviction, it is the necessary legal means for removing a problem tenant from your rental property. When it comes to evicting a tenant, Maryland laws are stringent. Regardless of the reasoning behind the eviction, as a landlord, you must be aware of the proper and legally compliant procedures…
Read MoreCase Study in Baltimore County Property Management. How HomeWorks Property Management turned a non-performing asset into a cash cow.
Baltimore county property management- A case study of success! Overview: Our client is a professional real estate investor who owns about 200 units in the Baltimore and D.C metropolitan area. Initially, we were hired to take over the management of a 10 unit building in Baltimore County, Maryland, that wasn’t performing as expected with the…
Read MoreHow selecting the wrong property manager in Baltimore almost cost our client his investment- A case study
Working With Another Property Manager in Baltimore had been going okay for our client Until… the top floor apartment had a water leak. The apartment in was vacant, and a pipe burst during the day when the first-floor residents were not home. When they returned home from work that Friday evening, they found their apartment…
Read MoreDo I need an LLC For My Rental Properties?
Do you find yourself asking if you need an LLC for your rental properties? The short answer is Maybe. Needing an LLC is a complicated topic with many ins and outs, and we will cover some of them here. What is an LLC? A limited liability company (LLC) is a business structure. You can create…
Read MoreDay to Day Management Of Your Rental Property
So you found someone great to rent your property to and you’re on your way to the easy street as a landlord… not so fast. Real estate investing is one of the least passive investment vehicles you can use to generate wealth. Here we will cover some of the many moving pieces of what will…
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