Property Management Blog

RowCal Acquires Del Val Realty & Property Management - Expanding HOA and Rental Management Services ...

By Mike Lautensack Thursday, April 11, 2024

MINNEAPOLIS, Minn., April 8, 2024 /PRNewswire/ -- RowCal, a rapidly growing national provider of homeowner association (HOA) property management services, announced today the strategic acquisition of Del Val Realty & Property Management and Del Val Maintenance (Del Val), a le...

Will Rents Rise or Fall In 2024 and Beyond? Insights from Del Val Property Management

By Mike Lautensack Friday, December 15, 2023

An Overview of the Current Rental MarketHello, I'm Mike Lautensack from Del Val Property Management. As we approach the end of the year, it's crucial to examine the trends in the rental market, their implications, and what we can anticipate for 2024 and beyond. Currently,...

City Expands Right to Counsel Initiative to Serve More Residents Living in Poverty and Facing Evicti...

By Mike Lautensack Thursday, December 7, 2023

On December 1, 2023, the City of Philadelphia announced that another zip code has been added to the existing four zip codes currently served under the Right to Counsel (RTC) program. Since October 2023, low-income renters living in 19132 have been entitled to free legal repr...

Landlords: How Being a Pet-Friendly Landlord Can Dramatically Improve Your Profits!

By Mike Lautensack Wednesday, September 6, 2023

A recent American Pet Products Association study stated that 68% of U.S. households own pets. However, only 55% of landlords allow pets in their rental properties. From my observations, pet ownership in single-family homes has become even more popular over the last few year...

Client Spotlight: Meet Mr. Lumpkin

By Mike Lautensack Monday, July 24, 2023

Charlie Lumpkin received his Masters's Degree from Temple U and his Bachelor's Degree from S. Carolina State U. He was an Aquatic Director for Temple U and the School District of Philadelphia for over 30 years. He is the former SUN Chaser Project Inc. CEO, which Integrate...

Real Estate Investors: Learn How to Increase Cash Flow and Rental Property Value by Improving Your ...

By Mike Lautensack Sunday, July 23, 2023

IntroductionAs a real estate investor in Philadelphia, maximizing your rental property's Net Operating Income (NOI) is essential for financial success. Your NOI is crucial in determining a property's cash flow and overall property value. This article explores ...

July 2023 Rental Price Update

By Mike Lautensack Sunday, July 23, 2023

Summary National rents increased by 0.50 percent in June 2023, coming after a decrease of 0.6 percent in May, the first yearly drop since March 2020. This increase is almost twice as significant as April’s increase of just over 0.25 percent. Despite steady growth throughou...

Del Val Realty & Property Management New Employee Welcome Video

By Mike Lautensack Tuesday, June 20, 2023

Welcome to Del Val Realty & Property Management, where we specialize in turning real estate into investments and investment properties into homes. We are thrilled to have you join our dedicated team of professionals committed to providing the highest quality services to our c...

Unlocking the Power of AI: How Real Estate Investors Can Leverage ChatGPT Technology

By Mike Lautensack Tuesday, June 13, 2023

Introduction: In the ever-evolving world of real estate, staying ahead of the competition is crucial. As new technologies emerge, embracing them becomes a necessity for success. We are excited to present our webinar, "Embracing the Future: How Real Estate Investors Can Benef...

What is a Property Management Company - Decoding What a Property Management Company Does!

By Mike Lautensack Thursday, May 25, 2023

The successful investor knows that real estate doesn't merely encompass buying and selling properties. To truly squeeze the juice out of your real estate investments in Philadelphia, understanding property management is crucial. Amidst the broad expanse of property management...

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