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Philadelphia Rental Properties Will Never Be Passive Income

Philadelphia Rental Properties Will Never Be Passive Income

If you own a rental property in Philadelphia, you already know that our market place requires landlords to maintain their properties to keep competitive with the other rental properties on the market. And unless you have one a good property management company, you know this requi...
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Anti-Landlord Just Cause Legislation

Anti-Landlord Just Cause Legislation

There has been recent discourse from my property management forum about Councilman Jones’ Just Cause legislation. This anti-landlord / rental property legislation would allow a renting tenant to contest the legal termination of a lease, by going to the Fair Housing Commission t...
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Solve Frozen Water Line Pipes in Philadelphia

Solve Frozen Water Line Pipes in Philadelphia

Plan for the 100-year storm! It took me a few years and 7 properties with frozen pipes to learn an important lesson as a Property Manager here in Philadelphia. I learned that weather changes from year to year. Seems obvious; but yet it still escaped me! One winter was particularl...
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Rental Property Highest & Best Use?

Rental Property Highest & Best Use?

Is your Philadelphia rental property at its highest and best use? Highest and Best Use is a Real Estate term that means the reasonable, probable and legal use of a property. From a Property Management, or a Real Estate Investment Perspective, “Highest & Best Use” simply means...
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6 Broken Things That Stop Tenants From Renting From You

6 Broken Things That Stop Tenants From Renting From You

So you are trying to find a tenant for your Philadelphia rental property; but its going slower than you thought? As a property manager I know just how expensive vacancy can be for a landlord – In fact vacancy is the number one decider on whether a rental property is profitable ...
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Overall picture of Zoning & Development in Philadelphia

Overall picture of Zoning & Development in Philadelphia

Overall picture of Zoning & Development in Philadelphia February 22nd, 2018 at 12-1:30PM Greater Philadelphia Association of REALTORS® – GPAR  at 1341 N Delaware Ave # 200, Philadelphia, PA 19125 (Parking Behind Building) Presentation: Discussion of the overall picture of ...
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Here is the Amended Philadelphia Criminal Squatters Bill

Here is the Amended Philadelphia Criminal Squatters Bill

Dear Leaders of Registered Community Organizations, At the last meeting of City Council’s Committee on Housing, Neighborhood Development, and the Homeless, Councilman David Oh’s bill dealing with Philadelphia squatters (Bill No. 170827) was voted down. Committee Chair Allan D...
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Questions To Ask a Property Management Company

Questions To Ask a Property Management Company

You need a property management company…. but you must 1st ask the right questions! Reviews. As about where you can find their Property Management Company Reviews. You may see good and bad reviews from other property owners and tenants and it should give a real insight into...
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What type of tenant should you look for?

What type of tenant should you look for?

As you begin the hard search for a good tenant to rent your property, there are a few things to consider. One is: Who would you like to rent to? Executives? Long-term rental? Short-term rental? Families? Students? ​There are many laws involving who you a...
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What do Philadelphia tenants want in a rental?

What do Philadelphia tenants want in a rental?

As a Rental Owner/ Real Investor you already know some improvements, while improving  your home’s value, will not necessarily improve your profit (cash flow). One thing that will improve profit is Closet Space: According to a nationwide survey conducted by the market resea...
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