As part of our property management services, all of our owners and landlords receive 1099 forms every year along with their personalized ledger report itemizing each expense and income. Why is this important? Because most landlords do not take advantage of all the tax deductions that they might be able...
The most common question consumers are asking about credit scores - How does a score get calculated? There are 5 main factors: 1. Payment History - equals about 35% of the overall score. Any late payments in the last 12 to 24 months have the biggest impact. A 30 day late today...
For the past month, I have been helping a friend renovate her brother’s rental house. This completely unplanned renovation occurred after the tenants who had been renting the house were evicted for being four months behind in their rent. The rental house is in the Shenandoah Valley, approximately 2 hours from...
For many owners, employing a management company is not just a financial decision but an emotional one as well. Entrusting your home or investment property to others can be a difficult decision, especially to those moving out of the Washington, D.C. area. I have always been a firm believer the...
Looking for a great mobile real estate search app? Stop looking! Avery-Hess, Realtors is proud to announced the release of their Real Estate home search App utilizing GPS-based Multiple Listing Service (MLS) search technology to allow consumers and Agents to search the MLS in real time, giving them the most...
Spring is right around the corner and that means it's prime rental season in the Washington, D.C. area. From Arlington to Reston to Bethesda, landlords and Real Estate Agents are preparing for yet another busy season that will bring multiple applications and high rents. One of the questions landlords most frequently...
We deal with a lot of first time tenants who aren't familiar with the leasing process - here are a couple of tips to make the transition into being a tenant as smooth as possible! 1. Never lie on your application. If you have some financial issues and hardships, they will...
When the season turns from Summer to Fall, we send out a list of winterization items to our tenants, as most good property management companies do. A few days after the letters went out I received a call from a newer tenant with a question that went something like this: “Hi...