Phone: 240-436-2340
Maryland Hard Money Lenders. Private Loans in Maryland, Virginia & Washington, DC
Landlords and house-flippers in Metro DC know that a beautiful yard is good for business. An attractive, well-kept yard is inviting to both tenants and house buyers. Additionally, landscaping improvements increase property value, so landlords can charge more for rent and rehabbers can earn more when selling a fix-and-flip home.
Whether you’re aware of it or not, your emotions and memories are powerfully influenced by your sense of smell. For example, the smell of coconut might stir up thoughts of relaxation on the beach. A whiff of lilacs might remind you of a summer day in the garden. A pine or cedar fragrance might take you back to a cozy winter night at home.
According to the U.S. Department of Housing and Urban Development (HUD), landlords must provide reasonable accommodations to a person with a disability. These accommodations include emotional support animals.
An emotional support animal is an animal that provides comfort just by being with a person. It’s important to note that an emotional support animal differs from a service animal. A service animal is any dog that has been individually trained to perform tasks or do work for a person with a disability. Because an emotional support animal hasn’t been trained to perform specific tasks, it doesn’t qualify as a service animal. A person with a service animal has different civil rights than a person with an emotional support animal. Landlords in Washington D.C., Virginia, Maryland, and Delaware should be aware of the laws governing both.
Carpeting – it’s the surface where kids play, babies crawl, and families stretch out to watch movies. Carpets not only provide comfort and warmth to a rental home; they also add beauty and style to the décor.
Carpet in a rental property in the DC Metro area is a high-maintenance and high-cost item. Carpeting typically costs $2-$4 or more per square foot. Combined with the carpet pad and installation, a landlord is likely to spend $500-$1,500+ on living room carpet alone. However, the investment has its rewards. A good-looking carpet is one of the biggest reasons a prospective tenant will choose to rent. Likewise, carpeting is one factor that contributes to lease renewal. Certainly, carpeting is an important feature of a rental property. When selecting carpet, savvy landlords buy smart and protect
If you are a landlord with more than one rental home, tracking rent payments, taxes, insurance policies, and vendor payments can become a job in itself. If you are like me, you might first attempt to keep tabs on all account payables and receivables in an Excel spreadsheet. For a while, it might even work. But as your portfolio expands, sooner or later you will need more than that to stay organized.
Of course, you can always hire a property management company to help you out. Doing so will undoubtedly ease your burden, but it will also cost you a pretty penny. Before you hire a professional firm to manage your rental portfolio, consider a plethora of landlord apps available on the market.
Properties that look attractive are easier to rent out and keep filled in the DC Metro area. Additionally, an appealing rental property commands a higher price for rent. A fresh coat of paint is a simple and affordable way to make a property more appealing to prospective tenants. Fresh paint can turn a drab, tired-looking room into a clean, fresh environment, thereby dramatically improving its appeal. However, choosing the right paint can make all the difference. Here are six common mistakes landlords and property managers make when painting rental properties.
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New Funding Resources, LLC
806 West Diamond Ave.
Suite 340
Gaithersburg, Maryland 20878
Phone: 240-436-2340
All loans subject to our review of underwriting criteria and conditions. We reserve the right to approve or deny any loan application based on our sole discretion.
New Funding Resources 