Property Management Blog

Avoid the Rental Trap in 2023

By Del Val Realty & Property Management Monday, January 9, 2023

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.In th...

What Renters Need to Know About Credit Checks

By Kirsten Gonzales Monday, December 19, 2022

The Philadelphia rental market is currently one of the most bustling scenes in the United States, with Suburban Philadelphia being ranked the 17th most competitive rental market in 2022. As a renter, this means you have more competition and will need to make more considerations i...

Rent Growth Decelerating

By Mike Lautensack Tuesday, December 13, 2022

As you can see "Asking Rents" have finally started to come down over the last few months.

Owning a Home Versus Renting a Home

By Mike Lautensack Saturday, December 10, 2022

Here's the fascinating chart from John Burns showing the entrance cost to buy versus rent a home -- and the discount to rent has never been bigger than it is today.

Philadelphia’s Eviction Diversion Program: A Stall Tactic?

By Mary Ann Brennan Tuesday, October 4, 2022

What is the Eviction Diversion Program (EDP)? The EDP is one part of the process that is required by a landlord when filing for eviction in Philadelphia, otherwise known as, a program designed to delay the eviction process. What is the law?The current law requires rent...

Del Val Property Managment - Our Application Process

By Mike Lautensack Wednesday, September 7, 2022

Del Val application process has 3 stages as follows Three StagesStart of the applicationProcessing the applicationDecision on the applicationPlease watch this short 6-minute video to see how evaluate and make decision on applications

Get an Entire Year of Rental Income up Front in One Payment! While letting us Manage Your Property!

By Mike Lautensack Tuesday, August 23, 2022

Yes, you read that right but only if Your Property Qualifies Step 1 You Hire Del Val Property Management and “opt-in” into our “Owner Benefits Package” that offers Rent Advance.Step 2 We determine if your property qualifies for our Rent Advance...

Basement Conversion Guidelines

By Jennifer Dawson Sunday, August 21, 2022

A finished basement can add value to the selling price of a home as its surface area is included in the total square footage of a property. The value may be 50-60% lower than the main level square footage but even so, converting basements is a popular home renovation project beca...

Rent or Buy a Home in Philadelphia - Things to Consider

By Vincent Foster Saturday, August 13, 2022

Many Philadelphians, like many Americans, aspire to own a home of their own. As a homeowner, you'll be able to establish a home base and develop equity in a place that's all yours—and it's likely to be one of the most significant investments of your life. Howeve...

Rental Price Update: Are Rentals Rates and Real Estate Prices "Crashing"?

By Mike Lautensack Friday, August 12, 2022

Please see our latest blog post and video where I discuss rental prices and real estate prices and if they are about to "Crash". You will be surprised that rental prices are still rising at double digit rate and real estate may be rolling over but not declining. &...

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