Property Management Blog

What is Your Time Worth? Hire vs DIY!

By Elisha Heebner Friday, July 30, 2021

If you have a rental property or are an investor with several units/properties, it can be financially rewarding. You may have also discovered (or will discover) that property management requires a lot of time, commitment, and effort. These reasons are why people choose to hire a...

Section 8: Don't Hate

By Elisha Heebner Friday, July 23, 2021

Interested in dipping your toe in the section 8 pool? Understanding the process is the first step.Section 8, what is that? Sometimes it gets a bad rap, but it’ s a federal program that allows private landlords to rent properties at a fair market rate to qualified, low-inco...

Del Val Tech Toolbox

By Elisha Heebner Friday, July 16, 2021

When thinking about what makes a property management company successful, one will often hear mention of a company’s ability to follow market trends, property improvements, knowledge of the ever-changing legal landscape and more. While these are all extremely important, wha...

Moratorium and Money

By Elisha Heebner Friday, July 9, 2021

VLOG Moratorium & MoneyThe eviction moratorium for the nation expires at the end of July and will not be extended. There is still help for tenants through the Emergency Rental Assistance Program (ERAP). The ERAP has $569 million in housing aid with an additional $278 mi...

Real Estate Investors: Is this the best real estate market EVER!

By Mike Lautensack Thursday, June 17, 2021

Home prices are surging and up over 20%Days on market are down by over 50% in last year.Homes for sale are way down and inventory of homes is very lowRental rates are up about 5.5% in last year and accelerating higher.Mortgage rates are low at 3.05% and Fed will keep low for year...

Phase 4 Rental Assistance Update - Del Val Property Management has Collected $206,718 so far!

By Mike Lautensack Monday, June 7, 2021

Del Val has collected $133,305 in Philadelphia rental assistance money.We have collected $73.413 in Delaware County.Total collected $206,718.

National Rental Prices Starting to Explode Higher!!! Philadelphia Rents up 5.65%

By Mike Lautensack Monday, May 31, 2021

National Rents are Moving HighNational rents are up 2.3% in May versus AprilNational rents are up 5.4% in May versus last MayRents have increased 3 straight months and are accelerating higher?Philadelphia is even better at 5.65% in May versus last MayWe are recomme...

Raising the Rent~ But WHY?

By Elisha Heebner Friday, May 21, 2021

There are many reasons why raising the rent every year is the best thing for you and your property. Unfortunately, for whatever reason, owners are often hesitant to raise the rent especially for those who are "good tenants". There are three significant reasons why raisi...

Supplies and Lumber On The Rise

By Elisha Heebner Friday, May 7, 2021

Many people bought new homes during the pandemic due to low interest rates, the ability to telecommute, and needing a space to do the work. Lumber became more and more expensive. The National Association of Homebuilders (NAHB) found that that price of an average home has increase...

Renters Insurance: It's all in the paperwork

By Elisha Heebner Friday, April 23, 2021

Picture this: a fire breaks out in a property. The tenants are displaced, and their stuff is ruined. Accidents do happen and, in the case, above, a renters insurance policy would help the tenant with their belongings AND hotel accommodations with no cost to the owner. Theft, wate...

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