Blog

As a rental property owner in Columbia, maximizing your rental income is likely one of your top priorities. Whether you own a single-family home or a multi-unit property, increasing the rent you charge while keeping tenants happy is a delicate balance. Fortunately, by making smart upgrades and enhancing your property’s appeal, you can attract quality tenants willing to pay more. Here are five easy ways to get more rent for your Columbia home: 1. Upgrade Essential Amenities and Features Modern renters look for convenience, comfort, and style. If…

As a landlord, you probably require tenants to pay a security deposit as part of the initial move-in costs. A security deposit can help insure you against numerous potential liabilities that can arise during a tenancy, including unpaid rent, missed rent payments, and damage exceeding normal wear and tear. That said, just because you collect a security deposit doesn’t mean it’ll always cover such costs in their entirety. And in such a case, what options would you have? This brings us to today’s topic: what would you do if the deposit doesn’t …

Owning rental properties can be a lucrative venture, but what happens when you decide to sell a property currently occupied by tenants? While it’s perfectly legal to sell a tenant-occupied property, the process comes with unique challenges. Knowing how to handle this process effectively can help you maintain good relationships with your tenants, comply with legal requirements, and secure the best possible deal. In this guide, Mckenna and Vane Property Management will walk you through the key considerations, legal requirements, and best practice…

If you decide to be a landlord, you should be aware that property management does not keep regular hours. Property maintenance requires you to put in enough time and schedule necessary repairs with contractors. Property emergencies can also occur, and you may need to respond urgently even when you're in bed. This article will focus on identifying property emergencies and the process of handling them. Defining Rental Property Emergency Maintenance To manage maintenance issues quickly, you should know what situations are regarded as an emergency.…

Tenant turnover is an inevitable part of being a landlord, but it often comes with challenges. Among these, dealing with abandoned property left behind after a tenant moves out is a common yet complex issue. Whether the tenant leaves voluntarily or through an eviction process, landlords must know the proper steps for handling abandoned belongings to avoid disputes and protect their property. Maryland law offers limited guidance on this matter, leaving landlords uncertain about their responsibilities. To address this, McKenna & Vane Property…