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Mastering Lease Renewals: Mastering Lease Renewals: A Comprehensive Guide for Real Estate Investors

By Mike Lautensack Friday, April 14, 2023

Lease renewal is a crucial aspect of real estate investing that often gets overlooked. Successfully navigating lease renewals can significantly impact your rental income, tenant retention, and long-term property value. In this comprehensive guide, we'll explore the ins and ou...

Tenant Screening: The Critical Step in Property Management

By Mike Lautensack Thursday, April 13, 2023

As a property manager, one of the most crucial steps in finding the right tenants is conducting thorough tenant screening. A good screening process can help you avoid a wide range of problems such as late payments, property damage, and even evictions. In this article,...

Where did the City of Philadelphia Lead Law come from?

By Adam Kesselman Monday, April 3, 2023

In 1992 Congress passed the Residential Lead-Based Paint Hazard Reduction Act to protect families from exposure to lead from paint, dust, and soil. As a result. the Department of Housing and Urban Development (HUD) and the Environmental Protection Agency (EPA) require the d...

HOA Short Term Rentals: How Should the HOA Board Manage Them?

By Mike Lautensack Saturday, March 25, 2023

As an HOA management company, one of the most pressing issues facing homeowner’s associations today is how to handle HOA Short Term Rentals. Platforms like Airbnb and VRBO have made short-term rentals increasingly popular, providing homeowners with extra income but al...

2020 vs 2023

By Elisha Heebner Tuesday, March 21, 2023

The real estate market today is quite different compared to 2020. In 2020, the market was booming due to historically low mortgage rates, high buyer demand, and a limited inventory of homes for sale. This caused many homes to sell quickly and for prices well above asking.Today, t...

HOA Rules: Why They May Seem Petty but Serve an Important Purpose!

By Mike Lautensack Wednesday, March 15, 2023

As a member of a homeowners association (HOA), it is natural to question the many rules that govern your HOA community and how some may seem petty. However, it's important to understand that these seemingly trivial rules may actually serve a greater purpose in maintaini...

Creating a Lease Agreement: Essential Terms and Conditions to Include

By Mae Franco Tuesday, February 28, 2023

Introduction A good lease agreement is like a map for legal, mutually satisfying tenancy. It outlines all the details needed to ensure that the landlord and their respective tenants enter into a contract that’s in alignment with state laws and fair to all parties involved.&...

NEW GRANT ALERT FOR FIRST TIME HOMEBUYERS!!

By Mike Lautensack Friday, February 24, 2023

Del Val speaks with Adam Funck from Maximus Mortgage on some great loan programs for first time home buyers. The highlights:Ties to an FHA loan, so must be able to get approved on an FHA loanMust be a first time home buyerCan receive up to 2% of 3.5% of the sales price backF...

Real Estate Investing: Self–Management versus Professional Property Management

By Mike Lautensack Sunday, February 19, 2023

IntroductionThe decision to hire a professional property manager or manage your own investment properties can be an important one. Both property management options have their advantages and disadvantages, but ultimately it’s up to each investor to decide what works best for...

A Comprehensive Guide to Property Management in Philadelphia

By Mike Lautensack Saturday, February 18, 2023

IntroductionWhen you own a rental property in Philadelphia, it’s important to know how to find the right property management in Philadelphia. You want to make sure that the agency you hire is experienced, efficient and can provide your tenants with the highest level of serv...

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