Property Management Blog

Five Common Investment Properties

By Elisha Heebner Friday, May 5, 2023

Investment properties can be an excellent way to generate passive income and build wealth over the long term. Whether you are a seasoned investor or just starting, there are several types of investment properties to consider. Here are five ways to get you started. 1. &...

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...

Inflation Oh MY!

By Elisha Heebner Tuesday, June 21, 2022

2022 sure hasn’t been boring. Inflation rates are at 8.6%. How does this affect housing? If you guessed mortgage rates than you would be correct. The pandemic spoiled us with low interest rates. Really low. 2.75% low (for a 30-year mortgage). Today&...

UPDATE ON THE SURFSIDE, FLORIDA CONDO COLLAPSE – DON’T LET THIS HAPPEN TO YOUR ASSOCIATION

By Elisha Heebner Wednesday, June 8, 2022

I am sure everyone remembers the tragic events of last June in Surfside Florida, when a partial collapse killed 98 people at The Champlain Towers Condominiums.The cause of the collapse appears to be a combination of poor design, poor construction, and poor maintenance. ...

Rising Rates/High Home Prices: BUY or SELL?

By Elisha Heebner Friday, April 29, 2022

Interest rates have been on the rise for the past several months. The Federal Reserve has indicated that it will raise rates at least four times this year, up to ¾ POINT! Mortgage rates have climbed over 40% since last year. How do rising interest rates effect h...

Snow Removal: Are you fully covered or playing snowball roulette?

By Elisha Heebner Thursday, February 3, 2022

As we head into February, we are reminded that we still have a lot of winter left in southeastern Pennsylvania. One of the greatest challenges is predicting the winter weather. Even with the best technology and weather models, meteorologists cannot fully pre...

How to protect your packages from Porch Pirates

By Elisha Heebner Friday, December 17, 2021

The pandemic has led to a phenomenal surge in online shopping which means that home deliveries of goods from groceries to electronics and other items has skyrocketed. Of course, this has also led to an increase on thefts of home-delivered items which are not well secur...

CHANGING THE GOVERNING DOCUMENTS OF A HOMEOWNERS / CONDO ASSOCIATION

By Elisha Heebner Thursday, December 9, 2021

I often get asked by an Association’s Board (the “Board”), how can we change our governing documents, including the Rules and Regulations, By-Laws, and Declaration.Before I address these questions, let us define what the governing documents are and what they con...

What is Your Time Worth? Hire vs DIY!

By Elisha Heebner Friday, July 30, 2021

If you have a rental property or are an investor with several units/properties, it can be financially rewarding. You may have also discovered (or will discover) that property management requires a lot of time, commitment, and effort. These reasons are why people choose to hire a...

Section 8: Don't Hate

By Elisha Heebner Friday, July 23, 2021

Interested in dipping your toe in the section 8 pool? Understanding the process is the first step.Section 8, what is that? Sometimes it gets a bad rap, but it’ s a federal program that allows private landlords to rent properties at a fair market rate to qualified, low-inco...

Schedule a Consultation