Property Management Blog

Furnishing Your Philadelphia Rental: Is It Worth the Investment?

By Innovate Realty & Property Management Wednesday, June 19, 2024

To furnish or not to furnish. That is the question. Shakespeare paraphrasing aside, this is an important question for rental property owners. When it comes to buying rental properties, one important factor to consider is furnishing your rental property. Is it worth the investment...

The Benefits of Pet-Friendly Rentals in Philadelphia

By Innovate Realty & Property Management Wednesday, June 5, 2024

People feel pretty strongly about their pets. Maybe you're an animal lover yourself. That doesn't mean you want animals taking up residence in your investment property. We have encountered landlords who are eager to welcome pets and those who are extremely hesitant. It...

Philadelphia's Up-and-Coming Neighborhoods for Property Investment

By Innovate Realty & Property Management Wednesday, May 22, 2024

As a real estate investor looking for a profitable investment property in Philadelphia, you need to understand the nuances of this market, and the difference that a neighborhood can make. Philadelphia is a city with a lot of diversity in population, industry, economy, and housing...

Steps for a Successful Move Out Process

By Innovate Realty & Property Management Wednesday, May 8, 2024

The move-out process can sometimes feel rushed and disorganized. You can prevent this, however, with a consistent process and excellent communication with your residents. When your tenants decide not to renew their lease agreement, you'll receive their notice and then put you...

Landlord's Guide to Lease Renewals

By Innovate Realty & Property Management Wednesday, April 24, 2024

What happens at your rental property when the lease term ends? Most lease agreements run for a period of 12 months, and then they are either renewed, the tenants move out, or there's some sort of stipulation that the rental period begins to go month-to-month. The exact steps ...

5 Ways to Improve Curb Appeal of Your Investment Property

By Innovate Realty & Property Management Wednesday, April 10, 2024

Curb appeal counts. It's the first impression your property makes on potential renters. If you want to find highly qualified tenants quickly and if you want to rent your property out for the most money possible, you need to invest in some impressive curb appeal. We are sharin...

Should I Sell My Home Or Rent It Out?

By Innovate Realty & Property Management Wednesday, March 27, 2024

Have you decided to move out of your home? Maybe you're leaving the area or perhaps you're keeping your eye on another home you'd like to buy. Maybe your life is changing and you're getting married or the kids are out of the house or it's time to downsize. Wha...

How to Maintain Your Investment Property Over Time

By Innovate Realty & Property Management Wednesday, March 13, 2024

A long term real estate investment is the best way to establish real wealth and set yourself up for impressive returns and earnings. Holding a property will allow you to gather more equity and make more money when you do eventually sell. It will come as no surprise that the large...

Steps to Becoming a Landlord in Philadelphia

By Innovate Realty & Property Management Wednesday, February 28, 2024

Renting out a Philadelphia property can be an outstanding opportunity for anyone who wants to earn consistent and recurring rental income while their asset grows in value. Being a landlord isn't for everyone, though, and if you're not sure where to start, we can help. As ...

Landlord's Guide to Normal Wear and Tear

By Innovate Realty & Property Management Wednesday, February 14, 2024

What does normal wear and tear look like? It's a term that is thrown around a lot, whether we're talking about worn clothing, cars that look their age, or rental properties. Normal wear and tear is the gradual deterioration of a property due to its intended usage. This mi...