Our owners usually have two major concerns when it comes to renting out their properties. First, they are afraid the resident won’t pay the rent on time or ever. Second, they are afraid the resident will trash the property. We have systems in place to substantially minimize the risk of those two things happening. Here are three thi...

Prospective owners are always eager to know how long it will take to find them a good resident. We have to look at market conditions and what’s happening in your community to judge how long it will take to rent out your property. However, there are three things under your control that can affect your days on the market.Pay Att...

When you are preparing your home for the rental market, if your goal is to attract the best residents and maximize your rental income, here are the necessary steps that we recommend for you. Make Your Rental Property Attractive and AppealingWe strongly recommend that you spruce up your home. Neutralize all those paint colors, replace all...

Here are a few things to pay attention to when you’re considering that it might be time to sell your rental property. Expensive RepairsYou might start to incur multiple expensive repairs on your home. If your property is aging and you’re getting calls from your property manager about needing a new roof or you need to waterpr...

When people ask me what property management costs, I always explain that it has to be broken down into three parts. There is the monthly management fee, the fine print in your management agreement and the amount of experience and the level of service you’re getting from your property manager. Monthly Management FeeWe charge 10 perc...

When property owners ask us whether they should sell or rent out their property, we need to gather some information before we help them make their decision. It’s a big question, and we’d like to tell you how we handle it at Chesapeake Property Management. Sharing Your Story and SituationFirst, I will personally talk to you on...

Understanding how to screen for great tenants is going to help you be more successful as a landlord. As we have told you before, property management in Maryland is not a licensed or regulated industry, so there’s a wide range of systems that companies use to process tenant applications. You need to find out how each property manage...

Each property management company is different, and if you’re wondering what exactly your property manager will do for you, it’s important to ask. Some companies will focus only on collecting the rent and overseeing repairs and maintenance on your home. There’s much more that we think a property management company should...

The first thing you need to know about property management in the state of Maryland is that the industry is not licensed or regulated. This means there is quite a wide range of professionalism and philosophies among local property management companies. Today, we are telling you why you should consider working with us at Chesapeake Proper...

Many homeowners call us not knowing whether they should sell or rent out their home.   They usually say that yes, they could sell now. Yes, they really want to get rid of the home. But then a friend, a colleague, or a family member tells them that they should hold onto the property for a few more years to make more money. We have the...