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As a landlord in Maryland, you must comply with a wide variety of rental laws, and the Federal Fair Housing Act makes housing equally accessible to minorities by having its own set of rules. Basically, the act makes it illegal for landlords to discriminate against their tenants on the basis of their pertinence to a certain protected group. Below is a basic overview of the state’s anti-discrimination law. What is the Purpose of the Act? The act can also be defined as fair access to housing and means that a tenant has the right to choose a place …
Continue Reading...Little things can play a big role in improving your landlord-tenant relationship. After all, property management is largely based on trust. If tenants trust you to keep your word in keeping the rental habitable, then it’s reasonable to conclude they’d want to hang around longer. However, it’s important to place emphasis on building a good relationship. Even if a rental space meets expectations, if the landlord-tenant relationship is problematic, then it can still result in turnovers. As a landlord, you want to cover both aspects by taking care …
Continue Reading...If you’re thinking of renting out your house in Maryland, there are a variety of things you’ll need to consider. There are many situations that may make someone rent out their home. You may, for instance, be moving to another city and still want to hold on to the rental property rather than putting it up for purchase. Or you may be single and wish to have half of the monthly mortgage payment paid by a roommate. The reasons for holding onto your past house can be many and varied. But real estate isn't simple. Renting out your home won't be as ea…
Continue Reading...Long-term tenants are the best thing for landlords. Having them means you don’t need to advertise rental vacancies, screen prospective tenants, or draft new leases. The result is being able to maximize your income, thanks to a steady income and less trouble. Finding such tenants is, however, not the easiest task. It requires skills and experience to land long-term tenants for your rental property. But is it rocket science? Not at all! In this article, we’ll take you through tried-and-tested tips on how to attract long-term tenants for your Mary…
Continue Reading...Are you looking to invest in Maryland real estate? If you are, now’s the time! So long as you do it right, real estate investing can offer some serious perks. From passive income to equity to a more diversified portfolio, real estate can benefit you in more ways than one. But why is investing in Maryland real estate such a good idea? First and foremost, parts of Maryland are in close proximity to Washington, DC. Many people prefer living in Maryland and commuting to the district thanks to the affordable quality of life. In fact, it’s this acces…
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