As a landlord in Philadelphia, managing your rental properties can be a challenging and rewarding experience. Here, we meet, connect, and help you navigate the ever-changing world of rental property management. From finding and screening tenants, to handling maintenance and repair issues, we've got you covered.Stay tuned for regular updates, including interviews with industry experts, walkthroughs of popular landlord software and tools, and much more. Our goal is to make your job as a landlord easier and more successful, so you can focus on providing a great home for your tenants.Thanks for tuning in, and we hope you find our content helpful!
Philadelphia Landlord News: July 26, 2024 (Phila housing prices rising, Penns Landing finally headed for success, City employees back in the office, and Property Manager caught taking advantage of section 8 pays big)
Welcome to the Philadelphia Landlord News Podcast, your weekly catch-up for everything you need to know as a small landlord in the Philly region.
In this Philly Landlord news brief for the week ending July 26 2024 - Philadelphia area housing prices continue to climb, What’s next for PennsLanding, city employees head back to the office after 4 years, a Montco property manager gets a 6 figure fine, and why is everyone worried about multifamily insurance rates.
Join the Philadelphia Landlords Connect Facebook Group: https://www.facebook.com/groups/PhillyLandlords (https://www.facebook.com/groups/PhillyLandlords)
Need a contractor, handyman or some consulting? ProLink can help you.
https://aroundtheblockassets.com/prolink/
https://www.inquirer.com/news/philadelphia-sheriff-tax-sales-resuming-bid4assets-20240725.html (https://www.inquirer.com/news/philadelphia-sheriff-tax-sales-resuming-bid4assets-20240725.html)
https://www.phillymag.com/news/2024/07/13/joe-forkin-delaware-river-waterfront/ (https://www.phillymag.com/news/2024/07/13/joe-forkin-delaware-river-waterfront/)
https://hoodline.com/2024/07/montgomery-county-landlord-and-property-management-firm-to-pay-570-000-to-settle-sexual-misconduct-and-overcharging-claims/ (https://hoodline.com/2024/07/montgomery-county-landlord-and-property-management-firm-to-pay-570-000-to-settle-sexual-misconduct-and-overcharging-claims/)
https://www.pewtrusts.org/en/research-and-analysis/reports/2024/07/single-family-home-sales-in-philadelphia (https://www.pewtrusts.org/en/research-and-analysis/reports/2024/07/single-family-home-sales-in-philadelphia)
https://www.globest.com/2024/07/23/multifamily-property-values-fall-as-insurance-premiums-climb/?slreturn=20240726111758
https://www.phillymag.com/news/2024/07/23/philadelphia-return-to-office-cherelle-parker/ (https://www.phillymag.com/news/2024/07/23/philadelphia-return-to-office-cherelle-parker/)
https://www.cbre.com/insights/briefs/insurance-costs-suppress-multifamily-values-most-in-certain-sun-belt-markets
11 Jul 2024
Philadelphia Landlord News: July 12, 2024 (Important Rent Rate stats, Wall Street buying up SFH stock in these areas, New Temple President to make his mark on Broad St)
The Easiest Way to Reduce Taxes: Property Tax Appeals
Sheryl Sitman talks to Alison Tulio, Esq. about why it makes sense to appeal your property taxes EVERY year. Alison specializes in property tax appeals across all states and explains why property assessors frequently get it wrong and what you can do to get your property re-assessed, no matter where you own property.
******Get a free property tax evaluation - just submit your property address to https://www.incentertaxsolutions.com/partners/sheryl-sitman-at-landlords-conn (https://www.incentertaxsolutions.com/partners/sheryl-sitman-at-landlords-conn) *******
For more great information about owning and renting property in the Philadelphia metro, subscribe to the podcast or YouTube channel, join https://www.facebook.com/groups/PhillyLandlords (https://www.facebook.com/groups/PhillyLandlords) and be sure to provide your email to get registered for the newsletter to keep up with news and offers for Philly Landlords.
Get your free property tax evaluation now: https://www.incentertaxsolutions.com/partners/sheryl-sitman-at-landlords-conn (https://www.incentertaxsolutions.com/partners/sheryl-sitman-at-landlords-conn)
20 Aug 2023
Keeping Your Philly Properties Secure: Discussion with Smart Home Expert Luis Vega
Landlords in the Philadelphia area know too well that there is a need to be proactive in keeping properties secure, especially when they are vacant. Learn about your options, what is available and how to keep your most valuable assets safe and secure.
7 Mar 2023
Irfan Raza on Using Property Management with the Right Mindset
Many landlords manage their own properties and may save money in the short term, but they may be missing out on bigger profits and growth. Irfan Raza of Raza Homes became a full time investor in Philadelphia after working as a CPA because he was able to scale quickly by partnering with a good Property Manager. While we talk about some of the challenges and frustrations, Irfan and I both agree that Professional Property Management can play a key role in being a successful Investor but you need to set expectations and know how to choose the right PM for your needs.
Listen in as Irfan drops some great advice. He offers a positive perspective that every landlord will benefit from hearing.
16 Feb 2023
Making Lemonade in Philadelphia When the City Gives You Lemons, hosting Ken Weinstein, RE Developer
Ken Weinstein does so much so in this episode we focus on just a few of his projects. Ken shares the story of Jumpstart Germantown and the impact it is having on helping Philadelphians become landlords and investors in their own communities. Sheryl raises the concerns that so many landlords have about continuing to provide housing in a city that seems to be ambivalent about how it feels about owners and developers and Ken provides a refreshing dose of optimism to how things are and how Philadelphia can continue to move forward. We were honored to have Ken take time from his busy schedule and appreciate his sharing the perspective of years of experience.
7 Feb 2023
Insurance - What Landlords in Philadelphia Need to Know
Protecting your rental property with the right insurance coverage is crucial to being a successful landlord and getting a good night sleep. Too often, it is only when the policy holder needs to use his insurance policy that he realizes he is not covered sufficiently. Often, owners trust agents to know what is in their best interest or to notify them of changes. Or many simply choose the cheapest option without understanding if the coverage suits their situation.
In this podcast, Sheryl dives into the ins and out of landlord policies with Property Loss Consultant Blake Zucker. Blake sees the the other side of the insurance industry - after the disaster or injury has taken place - and provides us with crucial tips for ensuring that we insure our properties and assets correctly.
2 Feb 2023
How to Minimize Maintenance and Turnover Costs on Philadelphia Rentals
Improve Your Bottom Line By Bullet Proofing Your Rentals
Your bottomline is a key to your success as a landlord. Every experienced owner knows that you maximize income by minimizing maintenance and turnover costs. We brought the perfect guest to help you figure that out. This is a guy whose knowledge can save investors a ton of money not to mention many headaches.
Too often investors think that the new flooring and fresh paint mean it is a rehabbed home but often, major repairs may be hiding behind the fresh paint. Even the minor stuff adds up. But there are solutions for most everything. Listen in as Sheryl and Rich share experience and invaluable tips to making your rentals bulletproof.
Subscribe to the Youtube channel > https://www.youtube.com/@philadelphialandlordsconnect
Join our community at > https://www.facebook.com/groups/PhillyLandlords
Connect with Rich ONeill: https://www.facebook.com/richaoneill
Link to bulletproof rental list: https://flemingpm.com/bulletproof-rental-list
25 Jan 2023
From Leases to Liability
From leases to liability - it is all so important to understand when you are a landlord! Attorney Chris Dean shares insights and precious tips that you will not want to miss if you own rentals in Philadelphia and the surrounding counties.
19 Jan 2023
Mastering Evictions in Philly: Insider Tips from an Eviction Specialist
In this episode, I talk with Howard Ford, a Philadelphia attorney specializing in tenant Evictions and the owner of Evictions Unlimited. Every landlord fears having to head to eviction with a tenant. In Philly, it can take months to get a non-paying tenant to court and even then, if paperwork is not in order or anything is amiss, a landlord can end up in a difficult situation. Listen as Howard and I discuss the history of Landlord Tenant law in Philadelphia and then get into what every landlord really needs to know and do to be prepared for handling this most difficult part of being a landlord. The City has reduced its capacity to handle eviction cases and enacted new regulations during COVID and every landlord needs to understand this complicated issue. Listen and learn from the best!
28 Dec 2022
Navigating the Challenges of Being a Landlord in the Philadelphia Region
Welcome to the inaugural edition of Landlords Connect, the podcast for all things landlording for housing providers in the Philadelphia region - Bucks, Montco, Delco... Today, I will tell you how the shock of the eviction moratorium lead me to creating the Landlords Connect Facebook Group for Philadelphia owners and how the group has helped us all to improve our business and navigate the often complex maze of laws, tenants, maintenance and more. Listen in and hear about the exciting plans ahead and get some good tips about property maintenance.
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