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How Accurate is the City of Philadelphia Property Assessment of My Rental Property

How Accurate is the City of Philadelphia Property Assessment of My Rental Property

How Accurate is the City of Philadelphia Property Assessment on Rental Property? Most property managers, real estate agents, and experienced real estate investors, often hear from clients or potential sellers how their property is worth a certain amount because their City of Phil...
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How Accurate is Zillow’s Zestimates?

How Accurate is Zillow’s Zestimates?

The bane of everyone involved in the real estate industry, be it as a real estate agent, a property manager, or a real estate investor buying holdings is Zillow and their horribly inaccurate Zestimates. Inexperienced property owners often give credit to the website, that has no a...
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Philadelphia Property Tax Increase Fight

Philadelphia Property Tax Increase Fight

City Councilman Allan Domb said he thought the city should look first at cutting spending and making government more efficient instead of raising taxes — and, in the future, should consider a revenue-neutral system. “Otherwise,” he said, “it’s a backdoor way of collecti...
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Philadelphia Has Good News for Rental Property Investors

Philadelphia Has Good News for Rental Property Investors

From Philadelphia Mayor Kenney: “Now that the legal challenge is over, we’re moving full steam ahead with Philadelphia preK, community schools, and Rebuild, our plan to improve parks, rec centers, playgrounds, and libraries. We’ve already served 2700 kids in 2000 Philade...
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Philadelphia L & I Changes on Property

Philadelphia L & I Changes on Property

Just posted by Philadelphia Major Kenny: “We’ve increased L&I’s resources, and L&I is cracking down on dangerous properties, making Philadelphia a safer city for all. “The city’s decisive action is a sign that it is getting smarter and tougher about enforcing safety cod...
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Typical Cost of an Appraisal of a Philadelphia Rental Property

Typical Cost of an Appraisal of a Philadelphia Rental Property

A typical, residential appraisal, on a single family home in Philadelphia, will typically range between $300 and $500 dollars. The fact that the property is an investment, or a rental property shouldn’t affect the cost. But a larger, more complex home, or one that has more unit...
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Can a Tree Increase Value for a Philadelphia Rental Property?

Can a Tree Increase Value for a Philadelphia Rental Property?

If you are a Philadelphia Landlord and own a rental property, you are one of our city’s greatest investors. You are investing in Philadelphia. And as an investor, we need to talk about numbers. And today I want to give my opinion as someone who has owned a Philadelphia Property...
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The Difference Between Having a Rental Property Appraisals & Home Inspections

The Difference Between Having a Rental Property Appraisals & Home Inspections

One of my Property Management Clients asked me for clarification on the specifics on the home Inspection process and the Appraisal process. He wanted to know if these overlap in any way in regard to his Philadelphia Rental Property. Most rental property owners have had both a hom...
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6 Property Management Projects to Prep Your Rental for Fall

6 Property Management Projects to Prep Your Rental for Fall

Are your rental properties ready for fall and the winter months? If not, neglected preventative management on a rental property can get incredibly expensive. And leaving winter property prep, for the fall can have you scrambling to get things in order and when prices go up: Buyin...
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Do Hidden Safes Attract Tenants

Do Hidden Safes Attract Tenants

I was at a Property Management Mastermind Group with several top property management companies from around the country and after the conversation became more casual among the property managers in attendance, some asked our opinion on whether hidden safes in rental properties add ...
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