Hi, I’m Yuriy Skripnichenko with TrustArt Realty and today I’m bringing you updates for the city real estate re-assessment for 2023. As some of you know the City of Philadelphia conducted a real estate tax re-assessment and increasing real estate taxes for most properties in the city. In some cases, we see dramatic increases from the previous year tax. You can check what your property is re-assed to by going to the link provided below. If you see that your assessment is more than it should be you still have time to file an appeal until beginnin…
It depends on the appliance. You must provide tenants with cooking appliance that is properly installed in the kitchen. For all other appliances the answer is no. You do not have to provide them. However, practically yes – you need to provide appliances. If you are renting your property without appliances, it would be harder to get a good tenant simply because all of your competition on the market offers units with appliances in place. It is default standard for Philadelphia properties to have appliances. Now what about washer and dryer? This i…
Hi this is Yuriy Skripnichenko with TrustArt realty. Today I want to discuss importance of your property zoning and current use. And how that potentially can affect your ability to legally rent your house in Philadelphia. We often encounter investors who bought a small multifamily property thinking it was a duplex or a triplex. And after going to the L&I to get rental license they find out that the property has a single-family zoning and never had a 2-unit rental license. I will not discuss rental license important and other documents you n…
I don't know if I have enough words to explain how much of a "breath of fresh air" it is to deal with a team/company like TruStart and Yuriy. He walked me through every step of their on boarding process. I was switching from a previous management company and honestly they made the process as simple, stress free the best they could. the follow-up calls, emails, rent collections - all of it is amazing. I forget I own property until I see their alerts. If i could give more stars, I would. Thanks so much !!