Property Management Blog

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...

Investment Property Basics

By Elisha Heebner Friday, April 16, 2021

Interested in stability? How about tax benefits, passive income, appreciation? Does this sound fabulous? Investment properties can be a great way to pad your way to retirement. Not all rental properties are the same. To get the best bang for your buck, there are FIVE key st...

HOUSING MARKET IS HOT!

By Elisha Heebner Friday, April 9, 2021

Market Mania!!Picture this: House goes on the market. Showings one weekend only. The following Monday, there are 21 offers- most are tens of thousands of dollars over asking price. No appraisal contingencies, short close times and solid financing encompass all the offers. This is...

Rental Assistance For Tenants and Landlords

By Elisha Heebner Friday, April 2, 2021

The bad news is that the CDC has extended the eviction moratorium until June 30, 2021. The great news is that counties in PA have emergency rent and utility assistance programs as part of the stimulus bill. Philadelphia Phase IV is here! This time Landlords are able to ...

Do You Need Money for Your Next Real Estate Investment – An Introduction to Firstrust Bank and the...

By Mike Lautensack Wednesday, March 31, 2021

Del Val Property Management is please to host a 90 Minute online webinar where you will learn all about real estate investor loan programs and how to get money for your next real estate deal.Firstrust Bank will have several of their real estate lenders on the webinar to disc...

Release The Flush

By Elisha Heebner Friday, March 26, 2021

Corona has changed many of our buying habits and that includes tenants. Flushable wipes have been a huge selling point and because the term "flushable" is used- tenants and owners alike have been flushing these and causing major issues. No product other than toilet...

It’s A Virtual World Out There

By Elisha Heebner Friday, March 19, 2021

With the explosion of social distancing, real estate took a more drastic turn towards automated showings. Virtual showings have grown throughout the year and it is no surprise that 100% of people looking for real estate start online. According to a study done by the National Asso...

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