The Comprehensive Guide to HOA Reserve Studies for Board Members
By Mike Lautensack Wednesday, May 3, 2023
An effective and well-maintained reserve fund is crucial for the financial health of any homeowners association (HOA). The key to managing these funds effectively lies in conducting a comprehensive and accurate HOA Reserve Study. In this extensive guide, we will delve into the im...
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The Struggles of Philadelphia LandlordsWe're aware that many Philadelphia landlords are suffering due to numerous laws and court mediation processes geared towards aiding nonpaying tenants. According to The Philadelphia Inquirer, Philly renters facing eviction owe more in bac...
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The Growing Issue of Fake Paystubs When Applying to Rent an Apartment
By Mike Lautensack Wednesday, April 26, 2023
In today's hot rental market, it is not uncommon for tenants to go to great lengths to secure the apartment of their dreams. One troubling trend Del Val Realty & Property Management (Del Val) is seeing is the submission of fake paystubs by prospective renters. This deceit...
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Mold Remediation and Detection: Protecting Your Real Estate Investment in Philadelphia: Protecting Y...
By Mike Lautensack Wednesday, April 26, 2023
Mold can be a silent menace to your Philadelphia real estate investment, but with proper mold remediation and detection strategies, you can safeguard your property and protect your investment.The Importance of Mold Inspection and Testing in Real Estate InvestmentRegular mold insp...
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How to Evict a Tenant in Philadelphia: A Comprehensive Guide for Real Estate Investors
By Mike Lautensack Friday, April 21, 2023
As a real estate investor in Philadelphia, dealing with problem tenants can be a real headache. From non-payment of rent to property damage and illegal activities, sometimes eviction becomes the only viable option. However, evicting a tenant in Philadelphia can be a complicated p...
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The Ultimate Guide to Lead Paint Inspection for Real Estate Investors in Philadelphia
By Mike Lautensack Wednesday, April 19, 2023
As a real estate investor in Philadelphia, you've likely heard about the hazards of lead paint and the importance of proper inspection. In this comprehensive guide, we will dive into the world of lead paint inspection, its significance, and how it impacts your investments. Th...
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Real Estate Investors: The Importance of Efficient Rent Collection
By Mike Lautensack Tuesday, April 18, 2023
Rent collection is an essential aspect of real estate investing that often goes underappreciated. As a seasoned property manager and real estate investor, I understand the significance of efficient rent collection in maximizing your returns and maintaining your investment portfol...
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Rental Price Update - April 2023Rents up .5% month over month in MarchRent are up 2 months in row on month over monthRents are up 2.% year over year and moderatingVacant Rate is 6.6% up from 4.1% as builders are finally start to catch on supplyPhiladelphia rents have been flat in...
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Tenant Retention: A Profit-Boosting Strategy for Real Estate Investors
By Mike Lautensack Sunday, April 16, 2023
Tenant retention is a critical factor that can significantly impact the success of rental property investments. For real estate investors, understanding the importance of retaining tenants and implementing effective strategies to achieve high tenant retention rates are vital for ...
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Maximizing Your Rental Income with Zillow and Redfin Rent Estimates: A Comprehensive Guide for Real ...
By Mike Lautensack Saturday, April 15, 2023
Introduction: Get the Most Out of Your Real Estate InvestmentIf you are a new property owner, the first question that pops into your head is, “How much should I charge for rent?” This is an important question and has a huge impact on your financial success as a landlo...
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