Posts by Tom Tinsley
NARPM: National Association of Residential Property Managers
Introduction: In the realm of property management and real estate, professionalism, expertise, and industry knowledge are vital for success. The National Association of Residential Property Managers (NARPM) stands at the forefront, representing professionals dedicated to upholding the highest standards in property management. In this blog post, we will explore the significance of NARPM, its benefits,…
Read MoreMontgomery County, MD – Radon Testing – BILL 26-22
Montgomery County, Maryland – BILL 26-22 Requires Radon Testing in Multi-Family & Single Family Rentals What is the new law? The bill requires radon air testing prior to occupancy and that educational information on radon, testing and mitigation be provided to all tenants. This legislation expands the coverage of Bill 31-15 enacted in 2015. Requires…
Read MoreFranklin County, PA
As a real estate professional, it’s important to stay informed about the rental licensing requirements in the areas where you work to provide your clients with accurate and up-to-date information. Currently there is not any rental licensing requirements or rental inspections in the County. To contact the Planning office: Administration Building 272 North Second St…
Read MoreSelf-Directed 401K
A self-directed 401k is a retirement account that allows you to invest in alternative assets, including real estate. If you’re interested in using your self-directed 401k to buy real estate, here’s how to get started: Open a self-directed 401(k) account with a custodian that accepts real estate investments is the first step in setting up…
Read MoreCapital Gains: 2 out of 5 Rule
The government levies a tax known as capital gains tax (CGT) on profits derived from the sale of assets. When it comes to investments and the sale of assets, it is an important factor to take into account. The “2 out of 5 year rule” is one of the formulas used to calculate CGT. We…
Read MoreThe White House: Blueprint for a Renters Bill of Rights (January 2023)
THE WHITE HOUSE BLUEPRINT FOR A RENTERS BILL OF RIGHTS PREPARED BY THE DOMESTIC POLICY COUNCIL AND NATIONAL ECONOMIC COUNCIL JANUARY 2023 Legal Disclaimer The Blueprint for a Renters Bill of Rights is a white paper published by the White House Domestic Policy Council and National Economic Council. It is intended to support the development…
Read MoreLead Paint
Lead paint is a serious health hazard, particularly for young children and pregnant women. Exposure to lead paint can cause developmental delays, learning difficulties, and behavioral problems in children. In adults, lead exposure can cause high blood pressure, kidney damage, and reproductive problems. To prevent lead paint poisoning, it is important to identify and remove…
Read MoreUSDA Loans
Rural development loans, or USDA loans, are backed by the government and intended to assist low- to moderate-income people and families in purchasing homes in suburban and rural regions. Those who meet specific income and credit standards can apply for these loans from the United States Department of Agriculture (USDA). The USDA website states that…
Read MorePets or No Pets?
It might be challenging for a landlord to decide whether to permit pets in their rental properties. On the one hand, adding dogs could boost your renter pool and rental income. Pets, however, can also result in property damage, increase wear and tear, and make it more challenging to attract new tenants when the present…
Read MoreTop 10 Costly Mistakes
It’s critical for landlords to be aware of the common errors that might cost them money. These errors, which range from improper tenant screening to skipping out on routine maintenance, can result in pricey repairs, legal troubles, and trouble finding new tenants. We’ll talk about the top ten mistakes landlords make that can cost them…
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