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ZeroDeposit Program – Why Landlords Should Consider Security Deposit Alternatives

By Mike Lautensack Thursday, February 16, 2023

IntroductionThe world of renting has changed dramatically in recent years. Deposit free renting was once a dream, but it’s now an option for both landlords and tenants alike. In this post I'm going to look at what deposit free renting is and how it works, as well ...

Del Val Property Management - Rent Collection

By Mike Lautensack Monday, February 13, 2023

Rent CollectionsWe at Del Val have become much more aggressive in terms of rent collectionOver the past 2 years there have been a number of COVID and rent relief agencies offering rental assistance. This meant that when tenants got behind they had a place to get rental assistance...

Why Should a Londlord Require a Tenant to Have Renters Insurance

By Mike Lautensack Saturday, February 11, 2023

Renter insurance is a type of insurance policy designed specifically for renters. It provides coverage for personal belongings and liability in case of damages or accidents in the rental property. Requiring tenants to have renter insurance has become a common practice among landl...

Real estate investing in Philadelphia

By Mike Lautensack Thursday, February 9, 2023

Real estate investing in Philadelphia offers many opportunities and potential for profitability. With its vibrant culture, diverse population and diverse business environment, Philadelphia is an ideal place for investors of all levels. Philadelphia's real estate market is dr...

Avoid the Rental Trap in 2023

By Del Val Realty & Property Management Monday, January 9, 2023

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.In th...

What Renters Need to Know About Credit Checks

By Kirsten Gonzales Monday, December 19, 2022

The Philadelphia rental market is currently one of the most bustling scenes in the United States, with Suburban Philadelphia being ranked the 17th most competitive rental market in 2022. As a renter, this means you have more competition and will need to make more considerations i...

Rent Growth Decelerating

By Mike Lautensack Tuesday, December 13, 2022

As you can see "Asking Rents" have finally started to come down over the last few months.

Owning a Home Versus Renting a Home

By Mike Lautensack Saturday, December 10, 2022

Here's the fascinating chart from John Burns showing the entrance cost to buy versus rent a home -- and the discount to rent has never been bigger than it is today.

Philadelphia’s Eviction Diversion Program: A Stall Tactic?

By Mary Ann Brennan Tuesday, October 4, 2022

What is the Eviction Diversion Program (EDP)? The EDP is one part of the process that is required by a landlord when filing for eviction in Philadelphia, otherwise known as, a program designed to delay the eviction process. What is the law?The current law requires rent...

Del Val Property Managment - Our Application Process

By Mike Lautensack Wednesday, September 7, 2022

Del Val application process has 3 stages as follows Three StagesStart of the applicationProcessing the applicationDecision on the applicationPlease watch this short 6-minute video to see how evaluate and make decision on applications

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