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Are you struggling to keep your rental properties occupied for long periods of time? Every month that a property sits empty, you lose potential income. On top of that, high vacancy rates can create ongoing stress, reduce your return on investment, and increase maintenance costs. So how can you reduce these vacancy gaps and keep good tenants in your rentals? To help you answer that question, McKenna and Vane Property Management has put together this article with practical, straightforward steps landlords can take to reduce vacancy rates and impr…

Are you planning to raise the rent on your Maryland property but unsure how to notify your tenants properly? Raising rent isn’t as simple as picking a number and sending an email. Landlords must follow legal procedures and consider a range of factors to ensure the increase is justified and enforceable. One of the most important parts of this process is creating a well-written rent increase notice letter. McKenna & Vane Property Management has put together this guide to walk you through what to include in your notice, how much notice to give…

Renting out a home comes with several responsibilities, and while paying rent and following the lease terms are key duties, one often overlooked task is reporting repairs. Tenants may not always realize it, but notifying the landlord or letting agents about necessary repairs is essential for proper property management. Addressing issues promptly, even minor ones, helps preserve the property and ensures a safe, comfortable living space. Delaying repairs can lead to more significant problems, both financially and in terms of daily living conditio…

Investing in U.S. real estate offers great opportunities for international investors. However, managing properties remotely can be challenging, requiring careful planning, a reliable team, and a solid understanding of legal and tax factors. Continue reading this property management guide by McKenna and Vane Property Management to learn about the considerations you’ll need to make as a foreign investor in the U.S. This guide for foreign investors will equip you with all the information you need. Building a Strong Team for Remote Property Manage…

Investing in real estate can be a great way to build wealth, but knowing how to measure the profitability of an investment is essential. One of the most common metrics used to assess the success of a real estate investment is the return on investment (ROI). Understanding how to calculate ROI on a property investment helps investors make informed decisions and optimize their returns. What is ROI in Real Estate? ROI, or return on investment, measures the profitability of an investment compared to its cost. It is usually expressed as a percentage …