Since the beginning of the COVID-19 pandemic, we’ve seen society and businesses transform on a scale completely unlike any other time in recent history. The network of communication and commerce that has been slowly connecting the world has had to be shut down, and many of its channels have been closing up, resulting in the closing or adaptation of business. This has had some major implications in property management in Philadelphia as well.
The City of Philadelphia has recently changed their rules regarding bed bugs in rental housing in the city. What does this mean to tenants, landlords, property management companies, and property owners? The new requirements call for a few preventative steps, better communication, and prompt treatment of infestations.
Managers play important roles in organizations and business operations, and when it comes to owning and maintaining properties, the environment is no different. Managing a building or office space is no small task, and when it comes to owning multiple properties, keeping track of all the paperwork can be a real challenge. Property manager in Philadelphia are the foundation of any
Owning rental properties is an excellent investment and provides a great return. The trends show that more and more people are choosing home rental over home ownership. If the challenges of being a landlord are holding you back from investing in lucrative rental properties, then you need to hire a property management firm in Philadelphia. The best property management firms in
Rental properties are one of the best ways to increase your personal capital, but even the safest properties can still have a lot of risk. From tenants who can’t afford rent to long periods of vacancy or major maintenance issues, rental properties can cause many headaches. This is why many people who own rental properties call up the best property management companies in Philadelphia and ask for help.
There are rental or managed properties in most neighborhoods, including where you reside or work. It may be an apartment or a condo building. Perhaps it is a rental house with tenants. Maybe it is a homeowner association that you, your family, or your friends reside in. Possibly, you own or rent a commercial property. Property managers in Philadelphia can offer a variety of styles,
Being a landlord has a lot of responsibilities to it, including the responsibility of the many small tasks that need to be done that you may not have anticipated when you decided to invest in a rental property. From managing tenants to dealing with repairs, to handling bookkeeping, there is a lot to do, and you may be too busy from a day job, or in other aspects of your life, to handle it all.
October 2020 Housing Market Update: The Philadelphia Metro reported an October record for median sales price as higher-end home prices rose sharply. Demand remained strong, with new pending sales marking a new high for the month.
In a bid to make all rental properties in Philadelphia healthy for residents, the government has different safety certifications landlords must present when they need to receive or renew a rental license. One of these important certifications is the rental property lead certificate. City of Philadelphia passed a new Lead Certification Law
The Philadelphia Metro saw sold listings leave the market in 10 days, the fastest on record. The median sales price rose by a record $40K compared to September 2019.