If your rental property is located in Baltimore City, then you are required to have it inspected according to the city’s criteria. Peace of Mind Property Management helps arrange this inspection for you as part of our landlord services. Here is some basic information to help you prepare your property for Baltimore City inspections. Continue reading
Top 6 Reasons to Refer Your Clients to Peace of Mind Property Management
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- Your client stays YOUR client! We will only assist with their property management needs. Whenever they have a real estate need, they will be referred back to you, their realtor!
- We offer professional service with a personal touch. We know who our landlords and tenants are when they call in!
Should I sell or rent out my house?
Many people debate whether they should sell or rent out their house, and they’re really nervous about becoming a landlord. Becoming a landlord can be a very scary undertaking, and there’s a lot involved, but an investment property can reap great profits down the road. Continue reading
What options are available for tenants who are paying rent?
Monthly Invoices
At Peace of Mind, we’ve taken many steps to make it as easy as possible for our tenants to remember to pay their rent on time, consistently each month. Every month they receive their invoice prior to the first of the month, so they know how much is due and when. Continue reading
Do you pay referral fees to other realtors?
Valuing Our Realtor Partners
At Peace of Mind, we’re very fortunate to have many great realtor partners who refer their clients to us for tenant placement and property management. Continue reading
Are we obligated to work with you if we decide to sell the property?
No Obligations
Many of our landlords wonder if they’re obligated to work with us if they decide to sell their property. No, we do not require our landlords to list their rental properties with us. Continue reading
Why do you charge a retainer?
What the Retainer Covers
The retainer ensures that we have funds available to cover the setup of your property, if it’s not already being used as a rental. This retainer covers the costs of the county or city inspection, the related registration fee, the lead inspection, your annual MDE registration, your setup fee, and any minor repairs needed to pass the inspections. Continue reading
Do you offer a leasing guarantee?
What if the tenant leaves?
A common fear with most new landlords is what happens if the tenant doesn’t stay. We all know that tenant placement and turnover can be a very expensive profit killer for landlords. We feel very strongly about our ability to find quality tenants for our properties. So, we offer a six-month leasing guarantee. Continue reading
What is included in the management fee?
Property Management Fee
The monthly management fee covers everything that Peace of Mind does for every property every month. The typical charges outside of the monthly fee are property repairs, court appearances, and any walkthroughs that you request beyond the semi-annual walkthroughs.
What landlord services do you provide as property managers?
Ongoing Property Management
Peace of Mind offers ongoing landlord services for residential properties. We can take over a property that already has a tenant in place. Or, if our leasing agent has placed a tenant in your new rental property, then it’s a seamless transition into property management. Continue reading