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
Category Archives: For Landlords
Should I sell or rent out my house?
Many people ask, “should I sell or rent my house?” because 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
How do you prepare property and place tenants?
At Peace of Mind Property Management, we offer new landlords the service of tenant placement.
Preparing the Property
The first step in this process is to prepare the property. We walk through the property and ensure that it’s going to pass any applicable state, county, or city rental inspections, including the lead inspection for properties built before 1978. 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.
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
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
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