Posts Tagged ‘property management firm maryland’

Timely Repairs are possible with your Landover Property Management Firm

Friday, January 11th, 2013

rental property managementAs a landlord, you have a legal obligation to keep your rental property or properties habitable. This means making timely repairs and conducting regular maintenance to keep the rental property or properties in tip top shape.

The definition of a habitable property is one that “has adequate heating, water, electricity, cleanliness, and is structurally sound.”

If you fail to repair any problems after receiving a request from your tenant, several things can happen:

1. Your tenant can elect to withhold rent until the problem is properly dealt with.

2. If the repairs are not done in a timely manner, your tenant can opt to hire an outside contractor to make the necessary repairs. The cost of these repairs will be deducted from the rent.

3. If the problem in question violates and state or local building or health codes, your tenant can opt to report you to the local authorities. This could result in a work order, heavy fines, or other penalties.

4. If the problem in question is not repaired in a timely manner and affects the livability of the rental property, your tenant could opt out of his/her lease without warning.

Rental Property Maintenance Tips

1. Heating and plumbing problems should be dealt with as soon as possible, typically within 24 hours after the issue was reported.

2. All other problems should be dealt with within 48 hours after the issue was reported.

3. Remember, as a landlord you should always give advanced notice (24-48 hours) to your tenants before entering the rental property. You are not permitted to show up unannounced unless there is an emergency, like a fire or flood.

4. Rental property rules differ from state to state and from city to city. So be sure to consult local codes regarding rental properties in your state and city. You can find this information at your local building or housing authority.

Potomac Valley Management: Your Landover Property Management Firm, specializing in the Maintenance of your Rental Properties

At PVMGT, we provide complete maintenance services 24-hour, seven days a week. This means we are available whenever you need us. If a pipe bursts at midnight, we are here. If your HVAC unit stops working at 3am, we are here. Just pick up the phone and give us a call. We take great pride in providing full service property management, from management and leasing to marketing, tenant placement, rehabilitation, and maintenance.

Potomac Valley Management’s goal is to protect the value of your investment by helping to maintain the property to your standards.

Hopefully you have found these Quick Tips & Best Practices useful. If you have any questions, please contact Potomac Valley Management by calling 1.877.390.4090 or visit PVMGT.com today!

We are here to serve you!

You can also follow PVMGT on Facebook, Twitter, LinkedIn, and Google+.

Finding Tenants in Landover, MD :: Benefits of Property Management Firms

Friday, September 28th, 2012

When it comes to landlording in Landover, Maryland, one of the hardest tasks you have is finding good quality tenants to fill your rental property. This is not only important to ensure a good tenant-landlord relationship, but you also have a responsibility to your other tenants to fill your rental properties with reputable occupants. To accomplish this, you have several options. You can spend hours upon hours, days upon days, and weeks upon weeks screening and interviewing tenants or you can rely on a property management firm, like Potomac Valley Management (PVMGT), to do this for you.

PVMGT has the experience you need to ensure you fill your rental property with the highest quality tenants you can. We have seen thousands of applications before and know how to quickly sort through candidates, analyzing information and identifying warning signs.

The Benefits of Tenant Screening from PVMGT

There are several benefits to using a professional property management firm, like PVMGT, to screen your tenants. The tenants PVMGT finds generally pay rent on time, rent longer, leave the rental unit in good condition, and cause next to no problems. But that is just the beginning. Other benefits include:

  • Minimize Risk:  Tenant screening is crucial in ensuring that you are safeguarded against potential fraud. While tenant screening cannot always guarantee the best possible tenants, it can help weed out previously known midnight movers, evictees, and lease defaulters.
  • Avoid Legal Troubles: The eviction process is long, expensive, and something every landlord would rather avoid. However, the only way to avoid eviction is to ensure you fill your rental property with quality tenants.
  • Keep Existing Residents Happy: As we mentioned earlier, you also have a responsibility to keep your existing residents happy. Tennant screening helps you find tenants who are unlikely to pose a threat to other nearby residents, creating a safer rental environment.
  • And much more!

As a landlord, the only real protection that you have against bad tenants is due diligence and tenant screening.

Hopefully you have found these Property Management Tips useful. If you have any questions, please contact Potomac Valley Management by calling 1.877.390.4090 or visit PVMGT.com today!

Potomac Valley Management, LLC has been providing association management and maintenance services to the Washington-Baltimore area since 2004.

Potomac Valley Management (PVMGT) manages and maintains various condominium and homeowners associations as well as rental commercial properties throughout the region. As a mid-size firm, PVMGT has a vast array of resources and service capabilities which are immeasurable, taking care of your needs from bookkeeping to tenant screening to landscaping contractor oversight.

And we are here to serve you!

You can also follow PVMGT on Facebook, Twitter, LinkedIn, and Google+.