Property Management Blog

How to Evict a Tenant in Philadelphia: A Comprehensive Guide for Real Estate Investors

By Mike Lautensack Friday, April 21, 2023

As a real estate investor in Philadelphia, dealing with problem tenants can be a real headache. From non-payment of rent to property damage and illegal activities, sometimes eviction becomes the only viable option. However, evicting a tenant in Philadelphia can be a complicated p...

The Ultimate Guide to Lead Paint Inspection for Real Estate Investors in Philadelphia

By Mike Lautensack Wednesday, April 19, 2023

As a real estate investor in Philadelphia, you've likely heard about the hazards of lead paint and the importance of proper inspection. In this comprehensive guide, we will dive into the world of lead paint inspection, its significance, and how it impacts your investments. Th...

Real Estate Investors: The Importance of Efficient Rent Collection

By Mike Lautensack Tuesday, April 18, 2023

Rent collection is an essential aspect of real estate investing that often goes underappreciated. As a seasoned property manager and real estate investor, I understand the significance of efficient rent collection in maximizing your returns and maintaining your investment portfol...

Rental Price Update - April 2023

By Mike Lautensack Monday, April 17, 2023

Rental Price Update - April 2023Rents up .5% month over month in MarchRent are up 2 months in row on month over monthRents are up 2.% year over year and moderatingVacant Rate is 6.6% up from 4.1% as builders are finally start to catch on supplyPhiladelphia rents have been flat in...

Tenant Retention: A Profit-Boosting Strategy for Real Estate Investors

By Mike Lautensack Sunday, April 16, 2023

Tenant retention is a critical factor that can significantly impact the success of rental property investments. For real estate investors, understanding the importance of retaining tenants and implementing effective strategies to achieve high tenant retention rates are vital for ...

Maximizing Your Rental Income with Zillow and Redfin Rent Estimates: A Comprehensive Guide for Real ...

By Mike Lautensack Saturday, April 15, 2023

Introduction: Get the Most Out of Your Real Estate InvestmentIf you are a new property owner, the first question that pops into your head is, “How much should I charge for rent?” This is an important question and has a huge impact on your financial success as a landlo...

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...

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