3 Tips for Effective Rental Property Accounting

3 Tips for Effective Rental Property Accounting
Only 30% of small business owners hire accountants to handle their paperwork. However, every business can benefit from hiring a professional to handle their bookkeeping. You might wonder if you need an accountant for your rental property business. After all, do you know how ...

Property Managers: 3 Tips for Finding the Right One for You

Property Managers: 3 Tips for Finding the Right One for You
Upon the last count, over 31% of households in Pittsburgh were renters. All of those renters need somewhere to live, and you want to welcome them to your property, right?Managing a property is hard work. You have a lot of responsibilities to take care of. That's why you'r...

The Laws Governing Security Deposits

The Laws Governing Security Deposits
In ancient Rome, when apartments first appeared, landlords had to rely on guards to ensure their property remained free of damage by their tenants. Today, landlords have security deposits to protect their investments instead.While you might think that security deposits are f...

Pets in a Rental Property: How to Set Up Your Lease Agreement

Pets in a Rental Property: How to Set Up Your Lease Agreement
More than 70% of people looking to rent apartments have pets. By allowing pets in a rental property, you could fill vacancies faster and appeal to a wider audience. But it's essential to understand what to put in your lease to let tenants know what your pet policy is and...

4 Benefits of a Tenant Placement Program

4 Benefits of a Tenant Placement Program
Did you know that rent prices keep going up in Western Pennsylvania? The average cost of rental properties in Pittsburgh is $1,900. That’s $300 per month higher than the same time last year. Your priority is to get the best caliber of tenants for your property. A prope...

What Should Landlords Include in Lease Renewals?

What Should Landlords Include in Lease Renewals?
Lease renewals are a great way to decrease turnover and vacancy rates. Since over 57% of renters renewed in the last 12 months, your chances are good that your tenants may want to renew with you. But if you’re ready to send a lease renewal you may be wondering what exa...

Tenant's Rights in Pennsylvania: Everything You Need to Know

Tenant's Rights in Pennsylvania: Everything You Need to Know
Americans are feeling the crunch from inflation and rising prices. In fact, more than 8 million people are behind on rent payments. This amounts to 15% of all renters not being current on their payments.Many renters were relying on a national moratorium on evictions for protectio...

Beware of Prejudices and Equal Housing Rules Here

Beware of Prejudices and Equal Housing Rules Here
Did you know a tenant belonging to a minority group can file a discrimination lawsuit if you require a background check without their consent?Equal housing rules protect people from discrimination when trying to obtain housing. Lawmakers instituted these standards to protect peop...

5 Rent Collection Tips for Beginning Property Managers

5 Rent Collection Tips for Beginning Property Managers
The average income for a landlord in the United States is $68,920 per year. Property ownership can be lucrative, but it's also a big hassle.Most people would love to join the industry but can't imagine fighting with tenants over rent. Finances can be sensitive, so you mus...

Why Is Tenant Screening Important for First-Time Landlords?

Why Is Tenant Screening Important for First-Time Landlords?
Did you know that, on average, a landlord has three properties registered to their name? Research also shows that only 45% of landlords manage their individual properties. The other percentage of landlords find a third-party property management company to handle the job.One ...
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