Property Management Blog

Del Val Property Management - Mid Year Update

By Mike Lautensack Wednesday, July 27, 2022

Please see our mid-year update

Real Estate Agents: Learn the 10 Skills You Need to Close 25 Deals Per Year

By Mike Lautensack Friday, June 10, 2022

Learn the 10 skills you need to work with real estate investors.

5 Ways to Instantly Increase Your Rental Property Value

By Mike Lautensack Monday, June 6, 2022

5 Ways to Instantly Increase Your Rental Property Value

Rental Price Update - Rents are 16.7% Nationally and 7.6% in Philadelphia

By Mike Lautensack Friday, May 20, 2022

Rents are up 16.7% nationally for April 2022The median rent is $1,827 nationallyPhiladelphia rents are up 7.6% over the last year - 1 bedroom are up 4.1% and 2 bedroom are up 6.1%There is no end in sight for rent increases as less and less people can afford to buy a hom...

Are You a Good Landlord? Find out by Playing Who Wants to be a Millionaire - The Landlord Edition

By Mike Lautensack Tuesday, January 11, 2022

Are You a Good Landlord? Find out by Playing Who Wants to be a Millionaire - The Landlord Edition

Philly-Area Rents Up More Than 10% Year-To-Year

By Mike Lautensack Wednesday, January 5, 2022

Rent prices in the Philadelphia region are up 10.5% year-to-year, according to Realtor.com’s November rental data. The overall median rent is $1,748. The median rent is $1,345 for a studio, $1,693 for a one-bedroom, and 1,995 for a two-bedroom. The data includes the e...

Del Val's 2021 Results....

By Mike Lautensack Tuesday, January 4, 2022

Del Val's 2021 results... Rental Division• Collected $14,384,384 in rent (99.4% of gross rent charged) – this is during a pandemic with rent moratoriums for 9 months • Signed 240 leases • Renewed 387 leases • Pro...

Home and Apartment Rent Prices: Will They Increase in 2022?

By Mike Lautensack Friday, December 17, 2021

We have seen rental prices jump over 10% in 2021. And now we expecting to see rental prices increase 7.1% in 2022.

Zillow’s iBuying Failure: What are the Lesson Learned Every Real Estate Investors Needs to Know!

By Mike Lautensack Tuesday, November 23, 2021

Zillow iBuying Program FailureThis month real estate portal Zillow announced they would lay off 25% of the workforce and shut down their iBuying arm after taking millions in losses.LessonsReal Estate Prices - They had a hard time predicting prices – did not buy enough homes...

National Rental Rates up 11.5% - Rental Rate Increases are at a all time high for the last year!

By Mike Lautensack Monday, September 20, 2021

Rents are up 11.5% nationally for the last yearThis is the first month on record where rent growth has reached double digitsMonthly rent growth is now 1.6% per monthRent growth now outpaces home price growth of 8.6%The median rent was $1,633 nationallyThis translates to...

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