Posts by Mark
Snap. Crackle. Pop. Fireplaces and Firepits in a Rental Property
Nothing makes the winter months cozy quite like the smell, crackle, and pop of a warm blaze in a fireplace in the living room or a firepit on the patio. Offering any feature that involves fire in your rental unit, however, can be risky. In addition to a potential house fire, think burns and breathing…
Read MoreShould You Buy a Second Home to Rent Out?
A second home is not only an investment but a source of extra income. When you rent a home, you not only earn out of the rent but you start building a nice nest egg. Your home is quietly but surely appreciating in value over the years.
Read MoreDo You Own Property in Another State? Here’s what one client had to say!
Become a confident investor, even if you live out-of-state! Let Moon Ridge manage your central Maryland rental property
Read MoreTax Benefits of Owning A Rental Property
Many landlords worry that they will have to owe a ton of taxes on their rental income, but they are usually relieved to find that they don’t actually have taxable rental income! The reason for this is because there is a plethora of deductions that you can make on your taxes as a rental property owner.
Read MoreHidden Costs of Managing a Rental Property
Let’s say you have a client that’s looking to buy a second home to rent out. You might want to suggest to them that hiring a property management company can be a great way to help them get the most out of their rental property. However, before you start calling around and making appointments to…
Read MoreHow to Get Your Home Ready for Rental – Complete Checklist
Thinking about listing your house as a rental property? Great idea! Having a rental property has so many benefits including extra income, tax breaks, and the freedom to move around as you please knowing that your house isn’t left vacant and vulnerable! Still, there’s a lot that goes into making your house a good home…
Read MoreHow to Identify and Avoid the “Professional Tenant”
If you’re a first-time landlord, you might have never heard of the term “professional tenant.” This refers to the type of person who moves in with no intention of paying rent, causes headaches at every turn, and leaves the property in horrible condition. We’ve been around the block a few times as a property management…
Read MoreWhy is Spring the Best Time to Rent or Buy Property?
Ah, spring! The time of year when flowers bloom, the weather gets warmer, and it is peak time to buy and rent property. Spring is such a fantastic time to move for many reasons – some are cost-related while others are purely practical. For example, moving during the winter months in an area where it…
Read MoreWhy Should Military Families Going Abroad Rent Out Their Family Homes?
Being a military family means shifting base once every 3 years. This means that as a military family, you cannot stay in the dearest home that you like. Does that mean you have to sell it? No, not at all. This home is dear to you for many reasons. Why would you want to let go of it? You can still come back to it after you retire from the military. What to do with it until then? Rent it out, of course.
Read MoreHow COVID-19 Has Created a Strong Rental Market
Despite the financial hardships of COVID19, there have been some surprisingly positive trends in the rental market—people want to move to the suburbs, single-family homes are in high demand, and renters have more financial security.
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