philly-living-management

How to Amend a Condo Declaration in Pennsylvania

Tue, 28 Apr 2026 13:21:01 GMT

A Step-by-Step Guide for Condo Associations

Amending a condominium declaration is not simply a matter of rewriting a document. It is a legal process that must follow specific procedures outlined in your governing documents and Pennsylvania law. When handled properly, amendments protect the association, maintain clarity for owners, and prevent costly disputes.

At PhillyLiving Management , we regularly guide condo boards through this process to ensure compliance and smooth execution. Condo management takes a lot of experience and dedication to details. We have been working in Philadelphia for over 30 years, and you can read more about how we've helped by diving into our Condo Management Services .

Here is what every condominium association should understand.

1. Review the Current Declaration and Governing Law

Before drafting any amendment, the board must carefully review:

The existing declaration
The association bylaws
Applicable state law, including the Pennsylvania Uniform Condominium Act

Your declaration will specify:

The percentage of unit owners required to approve amendments (commonly 67%, 75%, or sometimes unanimous consent)
Whether mortgage holders must also consent
Required notice procedures
Meeting and voting requirements
Recording obligations

Pennsylvania law may impose additional requirements, particularly for amendments that impact ownership percentages, common elements, or unit boundaries. Skipping this review step can result in an invalid amendment.

2. Draft the Amendment Properly

An amendment must clearly state:

The section being amended
The exact language being removed
The precise new language replacing it

This document is typically prepared or reviewed by the association’s attorney to ensure legal accuracy and enforceability. PhillyLiving Management has years of experience working in this environment for condo associations. You can read some of our clients' reviews about our level of service.

Common amendments include:

Rental restrictions
Pet policy updates
Changes to maintenance responsibilities
Adjustments to common expense allocations
Annexation of additional space
Revisions to voting rights

Certain amendments — such as altering unit boundaries or ownership percentages — may require unanimous consent.

3. Obtain Owner Approval

Amendments generally require approval at:

A special meeting of the association, or
An annual meeting (if properly noticed)

Advance written notice must be provided to owners in accordance with the declaration and Pennsylvania law. The approval threshold will be whatever is stated in your governing documents — often two-thirds or three-fourths of unit owners.

Some changes may require 100% approval, particularly those affecting:

Unit boundaries
Percentage interests in common elements
Allocation of voting rights

Proper documentation of the vote is critical.

4. Obtain Lender / Mortgagee Consent (If Required)

Many condominium declarations — and sometimes state law — require consent from mortgage lenders who hold liens on units.

This is typically handled through:

Written notice to lenders
A signature form, or
“Deemed consent” if no objection is received within a specified timeframe

Failing to secure the required lender consent can invalidate the amendment.

6. Update Association Documents

After recording, the association should:

Incorporate the amendment into its official governing documents
Distribute copies to all owners
Maintain the updated version in the association records
Provide updated resale documentation for future transactions

Maintaining organized and accurate documents helps prevent confusion and disputes down the road.

Why This Process Matters

Legal Enforceability

An amendment that is not properly approved and recorded may not hold up if challenged.

Protection for Owners and Buyers

Recorded amendments appear in real estate transactions, ensuring transparency and protecting future purchasers.

Operational Clarity

Clear, properly adopted amendments eliminate ambiguity around rights, responsibilities, and financial obligations.

Understanding Unit Plats and Floor Plans

When amendments affect physical space — such as annexing common areas or modifying boundaries — it is essential to review the unit plat or registered floor plans.

A unit plat:

Shows the layout and boundaries of each unit
Clarifies exactly what space is owned
Identifies common elements versus limited common elements

These registered drawings provide legal clarity and are critical when boundary changes are involved.

Final Thoughts for Condo Boards

Amending a condominium declaration is a powerful tool — but only when done correctly. Improperly adopted amendments can create legal exposure, owner disputes, and transactional delays.

An experienced property management company can help the process by:

Preparing meeting notices, agendas, and documentation
Tracking board decisions and follow-through
Managing owner communications and enforcement notices
Coordinating with legal counsel when formal amendments or legal review are required
Maintaining proper records and compliance documentation
Implementing Board-approved policies consistently

At PhillyLiving Management, we help associations navigate governing document amendments with professionalism and precision — protecting both the board and the community.

Contact PhillyLiving Management to discuss how structured management support can strengthen your Board’s effectiveness and reduce operational stress.

Philadelphia Rental Property Investment Strategy

Fri, 10 Apr 2026 00:40:37 GMT

How Smart Investors Win in Today’s Market

Investing in rental property in Philadelphia isn’t just about buying a building and collecting rent—it’s about having a clear, repeatable strategy.

With shifting demand across neighborhoods like Northern Liberties , Fishtown , and Center City , today’s investors need more than luck. They need a plan that aligns with their financial goals, adapts to local market conditions, and is built to perform long-term.

At PhillyLiving Management Group, we work with property owners across Philadelphia to build and execute investment strategies that drive real results. Property management in the city of Philly is in our DNA, so we wanted to provide this strategy outline to help guide local property owners with their go-to-market plans.

What Is a Rental Property Investment Strategy?

A rental property investment strategy is your blueprint for success. It defines:

What types of properties do you invest in
Which Philadelphia neighborhoods do you target
How do you finance deals
How you manage and scale your portfolio

Without a strategy, investors often chase deals instead of building wealth.

The most successful investors rely on consistent metrics like:

Cash flow
Return on investment
Long-term appreciation

These benchmarks turn investing into a repeatable process—not guesswork.

Step 1: Define Your Investment Goals (Philadelphia-Specific)

Before looking at properties, you need clarity on what success looks like.

Cash Flow vs. Appreciation in Philadelphia

In a market like Philadelphia, investors typically fall into two categories:

Cash Flow Investors
Focus on consistent monthly income (common in neighborhoods like Northeast Philly or West Philly)
Appreciation Investors
Target long-term value growth (common in Center City , Fishtown , and Northern Liberties )

Neither is wrong—but your strategy should reflect your goals. Long-term real estate success often comes from holding quality properties over time, allowing both rental income and property value to grow.

Step 2: Choose the Right Philadelphia Neighborhood

Location matters more than almost anything else in real estate. Philadelphia is a hyper-local market—meaning performance varies dramatically by neighborhood.

Key Philly Investment Areas to Watch

Rittenhouse Square – High demand, strong appreciation, competitive pricing
Fishtown & Northern Liberties – Popular with renters, strong rent growth
University City – Consistent demand from students and professionals
South Philadelphia – Stable cash flow opportunities

Choosing the right neighborhood directly impacts:

Vacancy rates
Rental pricing
Long-term property value

A strong strategy starts with understanding where demand is heading—not just where it is today.

Step 3: Select the Right Property Type

Not all rental properties perform the same.

Common Philadelphia investment options include:

Single-family homes – Easier entry point, steady tenants
Multi-family properties – Higher income potential, more scalability
Condos & small associations – Strong opportunity with proper management

Multi-family properties, in particular, can provide more consistent income streams and scale more efficiently over time.

Step 4: Run the Numbers (The Right Way)

One of the biggest mistakes investors make is relying on “gut feel” instead of data.

A successful rental property should be evaluated based on:

Expected rental income
Operating expenses
Financing structure
Net cash flow

Positive cash flow—where your rental income exceeds expenses—is one of the clearest indicators of a strong investment.

Step 5: Build a Consistent Deal Pipeline

Finding one good deal is luck. Building a portfolio requires a system. Systems take planning and planning takes time. You have to know what your end goal is and build to that goal with intelligently designed systems.

In Philadelphia, strong investors:

Monitor listings daily
Work with local experts
Analyze multiple deals at once

Relying on random opportunities limits growth. A consistent pipeline creates leverage and better decision-making.

Step 6: Think Long-Term (Not Short-Term Wins)

Real estate investing is not a quick flip—it’s a long-term wealth strategy. Financial planners routinely cite real estate as the go-to way to create financial independence. If you are still reading this, you are one of the dedicated ones working towards that goal... keep going!

The most common and effective approach is buy-and-hold , where investors:

Generate rental income
Build equity over time
Benefit from market appreciation

This strategy allows investors to create stable, compounding returns over years—not months.

Common Mistakes Philadelphia Investors Should Avoid

Even experienced investors can fall into traps.

1. Chasing Appreciation Without Cash Flow

A deal should work today—not just in the future.

2. Choosing the Wrong Neighborhood

Philadelphia’s micro-markets can vary block by block.

3. Underestimating Expenses

Maintenance, vacancies, and turnover costs add up quickly.

4. Managing Everything Yourself

Many investors underestimate the time and expertise required to manage properties effectively.

Why Property Management Is Part of the Strategy

A strong investment strategy doesn’t stop at acquisition—it includes execution.

Property management plays a critical role in:

Tenant placement and retention
Rent collection and financial reporting
Maintenance and property upkeep
Reducing vacancy and turnover

For many Philadelphia investors, partnering with a local property management company turns a good investment into a great one.

PhillyLiving’s Approach to Rental Property Strategy

At PhillyLiving, we help investors:

Identify high-performing Philadelphia neighborhoods
Analyze deals with real-world data
Optimize rental pricing and positioning
Manage properties for long-term success

We don’t just manage properties—we help build investment strategies that grow with you.

Build a Smarter Investment Strategy in Philadelphia

Whether you’re buying your first rental property or scaling a portfolio, having a clear strategy is the difference between guessing and growing. If you’re investing in Philadelphia, the right plan—combined with the right local partner—can help you maximize returns, reduce risk, and build long-term wealth.

Philadelphia Property Management in a Changing Market

Fri, 20 Mar 2026 16:52:19 GMT

Featured Industry Insight

At PhillyLiving Management Group, we’ve always believed that great property management goes beyond collecting rent—it’s about understanding the market, guiding property owners, and adapting to change before it happens.

That’s exactly why we’re excited to be featured in a recent industry article highlighting how Philadelphia’s rental landscape is evolving.

Read the full article on Keycrew

What This Article Covers

In this interview, our team breaks down one of the biggest shifts happening in Philadelphia real estate today: the surge of luxury apartment development and how it’s impacting everyday property owners.

As discussed in the article, a wave of new luxury construction has created increased competition across the rental market—forcing landlords to rethink pricing, leasing strategies, and long-term planning. Even in the different neighborhoods that we operate in, we are seeing challenges. Whether it is in University City , Fairmount , or Rittenhouse Square , each has a unique touch that makes it successful.

For many property owners, this means:

More competition from high-end buildings offering aggressive incentives
Increased vacancy pressure on traditional rental units
The need for smarter leasing strategies and property positioning

Why This Matters for Property Owners

While large developments dominate headlines, much of Philadelphia’s housing stock is made up of smaller condo associations and individual investment properties—an area where PhillyLiving has built deep expertise.

As highlighted in the article , managing these smaller properties requires:

Strong financial guidance (reserves, capital improvements, assessments)
Clear communication with owners
A hands-on, relationship-driven approach

These are exactly the principles we’ve built our business on.

Our Take: Opportunity in the Disruption

Market disruption isn’t new—but how you respond to it is what separates successful property owners from those who struggle.

Even in a competitive environment, there are opportunities:

Adjust lease timing and terms to align with seasonal demand
Reposition properties to better compete with new inventory
Focus on tenant experience and retention

At PhillyLiving, we work closely with owners to navigate these changes and protect long-term property value.

Want Help Navigating the Philadelphia Rental Market?

If you’re a property owner in Philadelphia and feeling the impact of today’s market shifts, our team is here to help.

Contact PhillyLiving Management Group today to learn how we can help you adapt, compete, and grow in a changing market.

PECO Electricity Rates Rising 27% June 1

Thu, 12 Mar 2026 18:11:25 GMT

How Philadelphia Tenants Can Lower Their Energy Costs

PECO Electricity Rates Are Rising — What Philadelphia Tenants Should Know

At PhillyLiving Management , we try to keep our residents informed about changes that could impact their monthly living expenses. One major change coming this summer is an increase in electricity supply rates from PECO Energy Company.

Starting June 1st, electricity supply rates are expected to increase by approximately 27% across the Philadelphia region. While we don’t control utility pricing, we want to ensure our tenants understand their options and know there may be ways to mitigate the impact of rising energy costs.

If you rent in Philadelphia or the surrounding Pennsylvania region, this is something worth reviewing before the new rates take effect.

How PECO Electric Bills Work

If your electricity service is through PECO Energy Company, your bill is generally made up of two main components:

1. Delivery Charges -
This portion pays for maintaining the electrical grid and delivering power to your home. These charges stay with PECO and cannot be changed.

2. Supply Charges -
This is the portion where Pennsylvania residents may have the option to choose a different electricity supplier. Even if you select a different supplier, PECO still delivers your electricity, and you will still receive a PECO bill. The supplier name simply appears on your statement as the electricity provider.

Pennsylvania Allows You to Shop for Electricity Suppliers

One benefit for Pennsylvania residents is that the state allows consumers to shop for electricity suppliers. In some cases, this allows households to:

Compare electricity rates
Lock in a fixed supply price
Choose different contract lengths
Potentially reduce the impact of rate increases

If you'd like to explore current electricity supplier options, you can compare available plans here:

https://rates.terribite.com/

IMPORTANT: Enter this code BES10025 during signup.

This tool allows you to review multiple energy suppliers serving the Pennsylvania market and enroll your household if you find a rate that works for you. As always, we recommend reviewing the contract terms, cancellation policies, and rate duration before selecting a supplier.

Why Electricity Rates Are Increasing

Energy markets have experienced significant volatility over the past few years. Several factors are contributing to rising electricity costs across Pennsylvania and the Northeast, including:

Higher natural gas prices
Increased regional electricity demand
Infrastructure and grid costs
Global energy market instability

These market pressures are part of why many utility companies across the country are adjusting supply rates.

Our Goal: Helping Philadelphia Tenants Stay Informed

At PhillyLiving Management Group , our goal isn’t just to manage properties — it’s also to help our tenants stay informed about changes that may affect the cost of living in Philadelphia.

With electricity rates expected to rise this summer, taking a few minutes to review your energy supply options could potentially help manage your monthly utility costs.

If you ever have questions about utilities, resources for tenants, or your property, our team is always here to help.

Matt Bremner
PhillyLiving Management

Pennsylvania Condominium Governance Explained

Fri, 06 Mar 2026 22:23:48 GMT

A Guide for Condo Board Members

Serving on a condominium board in Pennsylvania carries more responsibility than many realize. Board members are not simply volunteers — they are fiduciaries with a legal obligation to act in the best interest of the Association and in compliance with governing documents and the Pennsylvania Uniform Condominium Act.

At PhillyLiving Management Group , we frequently see confusion around one key issue:

Does the Board actually have the authority to do this?

Understanding condominium governance starts with understanding its structure. This guide breaks down the hierarchy of condominium governing documents in Pennsylvania and explains how Boards can reduce risk while operating effectively.

The Governing Document Hierarchy in Pennsylvania Condominiums

Every Pennsylvania condominium operates under a specific hierarchy of authority. Decisions must follow this order:

Declaration (Master Deed)
Bylaws
Rules & Regulations

If a Board action conflicts with a higher-level document, it may be invalid — even if well-intentioned.

Understanding what each document controls is essential for proper condominium governance.

The Declaration (Master Deed): The Highest Authority

The Declaration, also known as the Master Deed, is the recorded legal document that establishes the condominium. It defines ownership rights, property boundaries, and financial obligations.

The Declaration typically includes:

Legal description of the property
Definition of units and common elements
Ownership percentages and assessment allocation
Maintenance and repair responsibilities
Leasing and use restrictions
Insurance requirements
Amendment procedures

Because the Declaration defines ownership rights, it carries the highest authority. All Board actions must comply with it.

When Is a Declaration Amendment Required?

A formal amendment is required when the Association seeks to change matters such as:

Unit or common element boundaries
Ownership percentages or expense allocations
Maintenance responsibilities
Leasing or occupancy restrictions
Insurance obligations
Expansion or reconfiguration of the condominium

Declaration amendments typically require:

A supermajority vote of unit owners
Sometimes lender (mortgagee) approval
Compliance with notice and voting procedures
Recording with the county Recorder of Deeds

Once recorded, the amendment becomes legally binding for all current and future owners.

The Bylaws: How the Association Conducts Business

If the Declaration defines ownership, the Bylaws define operations.

The Bylaws govern how the condominium association and Executive Board function, including:

Board composition, terms, and elections
Officer roles and authority
Meeting notice and quorum requirements
Voting procedures
Budget adoption and assessments
Enforcement authority

Failure to follow Bylaws can invalidate Board decisions — even if the decision itself is reasonable.

When Are Bylaws Amended?

Bylaws may be amended to:

Change Board size or term lengths
Adjust election or voting procedures
Clarify officer authority
Update meeting requirements
Align with changes in Pennsylvania law

Most Associations require unit-owner approval (often a supermajority). The exact threshold is defined in the governing documents and the Pennsylvania Uniform Condominium Act.

Rules and Regulations: Managing Day-to-Day Community Operations

Rules and Regulations address the daily operation and quality of life within the condominium.

Common examples include:

Use of common areas
Noise and nuisance standards
Pet policies
Parking and storage
Move-in and move-out procedures
Fine schedules

Unlike the Declaration and Bylaws, Rules are typically adopted and amended by the Executive Board — unless governing documents state otherwise.

However, Rules must:

Be reasonable
Be consistently enforced
Comply with the Declaration and Bylaws
Relate to the safety, welfare, and operation of the community

When Is a Rule Amendment Appropriate?

Rule amendments are commonly used to:

Address recurring operational issues
Clarify enforcement procedures
Respond to changes in how common areas are used
Improve consistency in fine schedules

If a proposed change affects ownership rights or maintenance obligations defined in the Declaration, a Rule amendment is not sufficient — a formal Declaration amendment is required.

Why Proper Condominium Governance Reduces Risk

Many Board conflicts arise not from bad intent but from acting without confirming authority.

Sound condominium governance in Pennsylvania begins with:

Reviewing governing documents carefully
Confirming proper authority before acting
Following established amendment procedures
Documenting decisions thoroughly
Enforcing policies uniformly

Boards that operate deliberately and within their authority:

Reduce legal exposure
Protect Association assets
Build owner trust
Preserve long-term financial stability

How Professional Condo Management Supports Board Governance

Navigating condominium governance can be complex — especially when balancing owner expectations, legal compliance, and operational needs.

At PhillyLiving Management Group, we support condominium Boards throughout Pennsylvania by:

Preparing meeting notices, agendas, and documentation
Tracking board decisions and follow-through
Managing owner communications and enforcement notices
Coordinating with legal counsel when formal amendments or legal review are required
Maintaining proper records and compliance documentation
Implementing Board-approved policies consistently

Contact PhillyLiving Management to discuss how structured management support can strengthen your Board’s effectiveness and reduce operational stress.

Understanding Condo Insurance Coverage

Fri, 13 Feb 2026 17:02:37 GMT

What Owners and Associations Need to Know

Condominium insurance is one of the most commonly misunderstood aspects of property ownership. Whether you are a unit owner, landlord, or part of a condominium association, understanding how insurance coverage works — and where responsibilities begin and end — is critical to protecting your investment.

At PhillyLiving Management Group, we believe informed owners make better decisions. Below is a general overview of how condominium insurance typically works and how an association’s Master Insurance Policy and an individual unit owner’s policy are designed to work together.

What Is a Condo Association Master Insurance Policy?

Most condominium associations carry a Master Insurance Policy that provides coverage for shared aspects of the property. While coverage varies based on governing documents and policy terms, a Master Policy generally insures:

● The building structure

● Common elements such as hallways, roofs, and shared spaces

● In some cases, original building components within individual units

Master Policies are subject to deductibles, which can be significant. In many situations, the policy only responds once covered damage exceeds the deductible amount.

Where Unit Owner Responsibility Typically Applies

One common area of confusion involves what happens when damage falls below the Master Policy deductible. In many cases, repairs below that threshold may become the responsibility of the unit owner.

Additionally, upgrades, renovations, and betterments made inside a unit — such as flooring, cabinetry, or customized finishes — are often not covered by the association’s Master Policy. Coverage for these items typically falls to the individual owner or landlord.

Understanding these distinctions ahead of time can help prevent unexpected costs and disputes after a loss occurs.

Why an HO-6 Policy Is Important for Condo Owners and Landlords

Because of the potential gaps between association coverage and personal responsibility, condominium unit owners are strongly encouraged to carry a Condominium Unit Owner’s Insurance Policy , commonly referred to as an HO-6 policy .

An HO-6 policy is generally designed to help provide coverage for:

● Interior building components not fully insured by the Master Policy

● Upgrades, improvements, and renovations within the unit

● Personal property and contents

● Personal liability for incidents originating within the unit

● Additional living expenses if the unit becomes temporarily uninhabitable due to a covered loss

For landlords, this coverage can be especially important in protecting rental properties and minimizing financial disruption.

Insurance Coverage Is Not One-Size-Fits-All

Condominium insurance coverage can vary widely depending on:

● The association’s governing documents

● The terms, limits, and deductibles of the Master Insurance Policy

● The coverage selected under an individual HO-6 policy

For this reason, owners and landlords should periodically review their insurance needs with a licensed insurance professional to ensure their coverage aligns with the association’s insurance structure and reflects any changes to the unit. If you’re looking for a trusted referral, contact us .

A Proactive Approach to Risk Management

Clear communication and proactive education around insurance responsibilities benefit everyone involved. When owners understand how condominium insurance generally works, it helps:

● Reduce confusion after insurance claims

● Set realistic expectations for repairs and responsibility

● Minimize disputes, speed up recovery after losses, and help maintain a stable, well-functioning community

At PhillyLiving Management Group, we are committed to helping associations and property owners maintain well-managed, well-protected communities through education, transparency, and thoughtful management practices. If you have any questions, please contact us .

Ready to Talk About How We Can Help?

Finding a good property management company doesn’t have to be stressful. When you work with a local expert who understands Philadelphia’s rental market and landlord needs, you can enjoy passive income without the operational headaches.

How to Find a Good Property Management Company in Philadelphia | PhillyLiving

Thu, 22 Jan 2026 16:37:34 GMT

A Complete Guide for Philadelphia Property Owners

Owning rental property in Philadelphia can be rewarding — but finding the right property management company is one of the most important decisions you’ll make as an investor or landlord. A strong management partner helps maximize income, minimize headaches, and protect your investment over the long term. Philadelphia property owners are known for running their properties well and providing the services their residents need, but as companies grow, it's difficult to manage them all. That is where PhillyLiving Management comes in to help!

In this guide, we’ll walk you through how to find a good property management company , what criteria to use, and how to choose a company that’s the right fit for your goals.

Why Choosing a Good Property Management Company Matters

Managing rental property involves much more than collecting rent. A good property manager handles:

Tenant screening and placement
Rent collection and accounting
Maintenance and repairs
Legal compliance and evictions
Ongoing communication with owners and tenants

For many Philly owners, these tasks take up time they don’t have — and mistakes can be costly. Hiring the right company helps you protect your investment, avoid legal risk, and improve cash flow. Since 1982, we have been working in Philly to support our clients. This step-by-step guide will help you find the right partner for you!

Step 1 — Define What You Need

Before you begin your search, take a moment to define your property goals.

Ask yourself:

✔ Are you managing a single-family home , multi-family property, or condo association?
✔ Do you want full-service management or a la carte services?
✔ Are you planning to grow your portfolio over time?

Understanding your needs helps you filter out companies that may be strong in some areas but not others.

Step 2 — Start With Local Expertise

Local knowledge can be a major advantage. Philadelphia has its own rental market dynamics, local ordinances, and tenant expectations. A property manager with experience in the Philadelphia area — like PhillyLiving Management Group — understands:

Pricing properties competitively
Local tenant preferences
City-specific legal requirements
Philadelphia rental trends and seasons

PhillyLiving has been providing property management services in Philadelphia since 1982 and manages many single-family homes, multi-family units, and condos across the city.

PRO Tip: Look for companies that list their service areas and property types on their website — this means they serve your exact needs. Many property management companies say that they work in Philly but are not actually located in the city. We are!

Step 3 — Evaluate Reputation and Reviews

Online reviews offer valuable third-party insights. Search Google, Yelp, and industry forums to see what others say about a company’s responsiveness, professionalism, and results. While no company is perfect, pay attention to patterns in reviews:

Are most clients positive?
Do reviewers mention clear communication?
How does the company handle maintenance or disputes?

PhillyLiving consistently receives positive reviews for customer service, transparency, and responsiveness.

Step 4 — Interview Potential Property Managers

Once you have a shortlist, schedule a conversation. Great questions include:

Do you manage properties similar to mine?
What’s your tenant screening process?
How do you handle repairs and maintenance?
What reporting tools do you provide owners?
How transparent are your fees?

A good property manager should be able to clearly explain their process and pricing — no vague answers.

Step 5 — Compare Service Offerings and Fees

Property management fees generally include:

A monthly management fee
A leasing or tenant placement fee
Possible maintenance coordination fees

Ask each company for written pricing and a sample management agreement so you can compare apples to apples.

Pro tip: Cheaper isn’t always better. A low fee that comes with poor service can cost you much more in the long run. Read more about how fees are typically determined in the Property Management world.

Step 6 — Look for Transparency and Technology

A forward-thinking property management company will use modern systems for:

Online rent payments
Maintenance requests and tracking
Owner accounting portals

These tools make property ownership easier and improve communication with tenants and owners alike. PhillyLiving Management wants to maintain cutting-edge technology for our clients, so we constantly test new systems to see what is best for our clients.

How PhillyLiving Management Group Fits the Bill

As a seasoned Philadelphia property management provider, we offer:

Full-service property management for single-family , multi-family , and condo properties
Thorough tenant screening and placement
Transparent fee structures
24/7 emergency maintenance support
Detailed financial reporting

With over 40 years of local experience and more than 120 associations and properties under management, we help owners protect and grow their investments with confidence.

Ready to Talk About Property Management?

Managing Small Associations in Philadelphia

Sat, 20 Dec 2025 15:31:24 GMT

Big Challenges, Smart Solutions

Managing a small condominium or homeowners’ association (HOA) in Philadelphia can be just as demanding — sometimes more so — than managing a large community. From two-unit brownstones in Center City to small condo conversions in South Philly, these properties face all the same issues as big buildings but without the same financial cushion or staffing support.

Financial Pressure Is Real

With only a handful of owners contributing, every dollar counts. When even one owner falls behind on dues, it can put a real strain on the association’s ability to pay for insurance, utilities, or maintenance. Many smaller associations don’t have strong reserve funds, so unexpected repairs — like a leaking roof or failed boiler — can quickly turn into financial stress.

Regular budgeting, open communication, and firm but fair collection practices are essential. Addressing delinquencies early, before they spiral, helps everyone in the long run.

Maintenance in an Older City

Philadelphia’s charm comes with age — and age means upkeep. Older buildings often have outdated systems, aging roofs, and historic materials that require specialized (and costly) repairs. For small associations, finding dependable contractors can be a challenge since many vendors prefer larger jobs with steadier revenue.

That’s where relationships matter. Working with a management company that knows the local market and has trusted vendor connections can make all the difference. Sometimes, bundling maintenance projects across multiple properties helps small associations get fair pricing and faster service.

Neighbor Dynamics

In small buildings, the board and the membership are often the same three or four people. Everyone’s a neighbor , which can make things personal — fast. Disagreements over expenses or noise can quickly turn into tension.

The best way to avoid that is structure and transparency. Keeping meetings professional, documenting decisions, and sticking to the governing documents helps remove emotion from the process and keeps the focus on what’s best for the building.

Local Rules, Real Impact

Philadelphia adds another layer of complexity. Between L&I inspections, rental licenses, lead paint regulations, and city tax filings, there’s a lot to stay on top of. Small associations can easily fall behind on compliance simply because no one realizes a deadline is coming up. A good property manager tracks these details so the board doesn’t have to scramble later.

Read more about local Philadelphia regulations here . The more empowered you are, the more successful you will be. PhillyLiving Management Group has a long track record of supporting our clients with the demanding nature of property management in Philadelphia. Read our reviews and see for yourself!

The Upside

Despite the challenges, managing small associations can be incredibly rewarding. You see your efforts pay off directly — a repaired roof, a fresh coat of paint, a resolved dispute — and you know you’re helping maintain both property values and peace of mind.

Success really comes down to three things: clear communication, consistent finances, and mutual respect. When those are in place, even the smallest association can run smoothly. Contact us today to see how we can support you!

Is Property Management Worth It for Philadelphia Landlords?

Wed, 10 Dec 2025 19:29:12 GMT

Is hiring a property manager worth it?

Owning rental property in Philadelphia can be a rewarding investment — but it can also be demanding. From tenant screening to late-night maintenance calls, managing a rental home takes time, expertise, and patience. If you’ve ever wondered, “Is hiring a property manager worth it?” , you’re not alone. Many Philadelphia landlords struggle to decide whether they should continue managing their properties themselves or partner with a professional property management company.

In this article, we’ll break down the true value of hiring a property manager in Philadelphia, the hidden costs of DIY landlording, and how professional management can impact your rental income, peace of mind, and long-term success.

What Property Managers Do That DIY Landlords Often Overlook

Most first-time landlords underestimate the work involved in managing a rental property — especially in a fast-moving market like Philadelphia. A good property manager takes on every part of the rental lifecycle, not just rent collection .

Here’s what a full-service property manager handles:

1. Finding and Screening Qualified Tenants

A property manager markets your property, screens applicants, verifies employment, checks criminal and eviction histories, and verifies tenants who are financially stable and responsible.

Why it matters : The wrong tenant can cost you thousands in damages, legal fees, or unpaid rent.

2. Creating Legally Compliant Leases

Philadelphia rental laws are strict and continuously evolving — especially around security deposits, lead paint compliance, rental licensing, and tenant protections.

Why it matters : A lease downloaded online will NOT meet Philadelphia’s specific legal requirements.

3. Handling Maintenance and Emergency Repairs

Plumbing issues, HVAC failures, and appliance breakdowns happen. Property managers coordinate repairs with vetted vendors to resolve problems quickly.

Why it matters : Fast response prevents larger (and more expensive) issues and keeps tenants satisfied.

4. Rent Collection and Enforcement

Missed payments, bounced checks, and payment plans can be emotionally and financially uncomfortable for DIY landlords.

Why it matters : A professional manager ensures consistent, timely rental payments — and follows legal procedures for non-payment when needed.

5. Property Inspections

Routine inspections protect your investment by catching damage early.

Why it matters : Many landlords discover problems only after a tenant moves out — when it’s too late.

6. Tenant Communication and Conflict Resolution

Late-night emergencies, disputes between neighbors, parking issues, noise complaints, and more — a property manager handles all communication on your behalf.

Why it matters : Having a third party oversee and help with issues will be key to resolving them without involving lawyers.

The Hidden Costs of Managing a Rental Yourself

Many landlords initially choose DIY management to “save money,” but often find the opposite happens. Here’s what DIY landlords often underestimate:

Time Costs

Showing the property, responding to tenant messages, coordinating repairs, and collecting rent — these tasks add up quickly. Even a single property can require 5–10 hours per month, and more during turnovers.

Vacancy Costs

Longer vacancies are one of the biggest expenses in real estate.

Here is a great list of what professional property managers bring to the table:

Market the property more effectively
Use better listing systems
Handle showings quickly
Bring leads in faster

For many Philly landlords, just reducing vacancy by 1–2 months per year pays for property management fees entirely.

Legal Costs

Philadelphia's rental laws are complicated. A mistake with:

Rental licensing
Lead certification
Tenant screening
Eviction procedure
Security deposit handling

…can result in fines or lawsuits. Property managers know the law — and help you avoid costly errors.

Maintenance Costs

Good property management companies negotiate better rates with licensed vendors. DIY landlords often pay retail prices and wait longer for service.

Calculating the ROI of Professional Property Management

To understand whether property management is “worth it,” think in terms of return on investment , not just cost.

Here’s how property managers can increase the return on your investment:

Higher Quality Tenants

Better tenants = fewer repairs, fewer evictions, and more consistent income.

Reduced Vacancy Time

Even one extra month of rent per year can outweigh the cost of hiring a manager.

Accurate Market-Rate Pricing

Many landlords UNDERPRICE their rental. Property managers analyze:

Comparable units
Neighborhood trends
Demand fluctuations
Seasonality

This ensures your rent is optimized.

Better Property Preservation

Routine inspections and timely repairs protect your long-term asset value.

Tax Advantages

Property management fees are tax-deductible — saving you even more.

Time Savings

Freeing up 100+ hours per year is worth more than most landlords realize.

When Property Management Is the Right Choice for Philadelphia Landlords

Hiring a property manager is almost always worth it if:

You own multiple rental properties or plan to expand your portfolio
You live outside Philadelphia
You don’t have the time to manage tenants and maintenance
You dislike confrontation or legal paperwork
Your property requires frequent repairs or oversight
You want to grow long-term rental income without extra workload

Most experienced landlords eventually transition to professional management because the benefits far outweigh the recurring monthly fee.

When Property Management Might Not Be Necessary

There are a few cases where DIY management may work:

The property is in excellent condition
It’s rented to family or friends
You live in the same building and can respond quickly
You enjoy hands-on management
You have experience with contracting and tenant law

But for most investors, especially beginners, professional property management reduces stress, risk, and unexpected costs.

How PhillyLiving Management Adds Value for Local Landlords

At PhillyLiving Management Group, we work exclusively within Philadelphia — which means we understand the neighborhoods , the regulations, and what local tenants expect.

When you work with us, you get:

Fast leasing and high-quality tenants

Our marketing and screening systems place reliable renters quickly.

Full legal compliance

We keep you aligned with Philadelphia rental codes, lead laws, and licensing.

Efficient maintenance coordination

Your property stays protected with vetted vendors and timely service.

Transparent communication & reporting

Owners receive real-time updates, statements, and maintenance notes through our online portal .

Peace of mind

You focus on building your portfolio — we handle everything else.

So, Is Property Management Worth It?

For most Philadelphia landlords, the answer is yes.

Property management is not just a service — it's an investment in:

Better tenant experiences
Higher long-term profits
Fewer legal risks
Reduced personal stress
Stronger portfolio growth

If you want a more passive and profitable experience as a landlord, property management is absolutely worth considering.

Ready to Learn Whether Property Management Is Right for You?

Whether you’re an investor, an independent landlord, or someone exploring rental opportunities for the first time, PhillyLiving Management can help you make the right decision.

Schedule a free consultation today .

Learn how much your property could rent for
See how our team can increase your ROI

Visit: https://www.phillylivingmanagement.com/
Or contact us directly through our Owner Inquiry Form .

Why More New Yorkers Are Choosing Philadelphia

Thu, 20 Nov 2025 21:21:17 GMT

A Guide to Making the Move

Relocating from New York City to Philadelphia has become a common relocation happening in the Northeast. Whether you’re looking for more space, a calmer pace, or a better balance of affordability and quality of life, Philadelphia offers the perfect blend of big-city energy and neighborhood comfort.

As a trusted property management and real estate company in Philadelphia , PhillyLiving Management Group works with hundreds of renters and buyers each year who are transitioning from NYC, and the same themes come up again and again: more room, more value, more community, and more “liveability.”

If you’re considering a move, this guide will help you understand why Philadelphia is quickly becoming the East Coast’s most appealing alternative to New York City.

The Top Reasons People Move From NYC to Philadelphia

1. A Major Upgrade in Affordability—Without Compromising Lifestyle

For many former New Yorkers, Philadelphia feels like “finally getting the city life you've always wanted—at a price you can actually enjoy.” For reference, according to Apartments.com research, the overall cost of living in Manhattan is 120% higher than Philadelphia and the average housing price is 384% higher.

To buy a home in NYC, the average list price is ~ $2.9M, whereas in Philadelphia it is $490K. If you are interested in renting in NYC, the average price is $4,021/month versus $1,721/month in Philadelphia.

Renting in Philadelphia also often means:

Larger apartments: The average size of a 1-bedroom apartment in Philadelphia is approximately 733 square feet as of RentCafe Market Analysis in 2025. Compared to NYC, the average 1-bedroom is 688 square feet. While this isn’t a significant difference in square footage, you are paying more money for less room in New York City. This Philadelphia 2-bedroom apartment has over 2,220 square feet of space!
Buildings with more amenities, such as fitness centers, rooftops, and lounges, are often included in the rental price. This 38-unit apartment building that we lease in Manayunk, called The Aster , has all the modern amenities you could imagine!
Reasonable rent increases year over year: In Philadelphia, rent increased by an average of 2.62% year over year, whereas in NYC, it increased by 3.7%.
Lower everyday living expenses: Not only is housing significantly more expensive in NYC, but this also applies to groceries (14% higher) and transportation (15% higher).

Philly maintains the feel of a major metro area but without the extreme cost pressures. To start your search, check out our rental listings and homes for sale in Philadelphia.

2. More Space, More Comfort, More Breathing Room

Space is one of the biggest quality-of-life upgrades. In Philadelphia, it’s common to find:

Bedrooms that fit real furniture
Kitchens you can cook in (without bumping into a wall)
Outdoor spaces, balconies , and courtyards
W a lkable neighborhoods that feel lively, not overcrowded

Many NYC transplants tell us their favorite part of the move is finally being able to spread out . Even our own Marketing Manager at PhillyLiving Management Group knows the feeling firsthand. After graduating from college, she lived in NYC for three years, splitting a “flex” 1-bedroom with a roommate, sharing a closet, and timing showers like it was a sport. Moving to Philadelphia was the first time she had a true 1-bedroom apartment with enough space for a real dining table, and the ability to walk to her favorite spots without weaving through crowds of tourists.

3. A True Neighborhood Culture

Philadelphia is famous for neighborhoods that each has its own identity and uniqueness.

Some neighborhoods that former New Yorkers enjoy include:

Fishtown – Trendy, artistic, incredible food scene. One of our favorites is a local sandwich spot, Liberty Kitchen . With lots of new construction, this area is comparable to Brooklyn.
Northern Liberties – Modern apartments, walkable nightlife
Fairmount – Green spaces + historic charm, near the Art Museum and Schuylkill River Trail. Check out some of our available rentals in this neighborhood: 2006 Mount Vernon St. #2 and 1738 Green St. #10
G r aduate Hospital – Due to its proximity to UPenn and Drexel, many medical professionals and graduate students reside here. This 2-bedroom apartment is available for rent in Graduate Hospital.

Living here often means knowing your barista, your neighbors, and the local shop owners. It’s a community-driven lifestyle that many former NYC residents deeply appreciate. For more recommendations and information, check out our neighborhood guide .

4. Easy Transportation—Without Feeling Trapped by It

Philadelphia maintains excellent transit options without requiring the daily grind of multi-line transfers or hour-long commutes.

Residents enjoy:

Subways and trolleys
Rapid bus networks
Regional Rail connecting to the suburbs
Walkable city blocks
Quick access to I-95 and major highways

Many residents successfully live car-free, while others appreciate that keeping a car here is actually feasible and less costly than in New York City.

And yes— New York City is only 60–90 minutes away , making day-trips, business meetings, and family visits incredibly easy. Many of our NYC transplants still work in NYC by taking the regional rail to New York daily.

5. A Growing Job Market and Expanding Opportunities

Philadelphia’s job market continues to grow across several sectors:

Healthcare : Philadelphia has an extensive network of hospitals, including the Children’s Hospital, Fox Chase Cancer Center, Thomas Jefferson University, Penn Medicine, and more. Some health technology companies based in the Philadelphia area are HealthVerity, Proscia, and Neuroflow.
Technology : Comcast is headquartered in Center City. Other tech companies in Philadelphia are FORT Robotics, IBM, and SAP.
Higher education : Drexel University, the University of Pennsylvania, and Temple University are all in Philadelphia. There are also other colleges a short commute from the city, including Villanova University, Saint Joseph’s University, and La Salle, to name a few.
Finance : Several large corporations have branches in Philadelphia - JPMorgan Chase, Fidelity Investments, Barclays, and Nasdaq. In Malvern, there is a Vanguard office, one of the largest investment management companies globally.
Life sciences : Some companies in this category include AUM LifeTech, Aro Biotherapeutics, GS, and Johnson & Johnson all in or outside of Philadelphia.
Creative industries : While NYC is home to many creative agencies, Philadelphia also has several marketing/advertising firms, including Neff, Red Tettemer, and Cashman Associates.

Many New Yorkers find that Philadelphia offers competitive career opportunities, often with better work-life balance and shorter commutes.

Comparing Daily Life: NYC vs. Philadelphia

Lifestyle Pace

Philadelphia offers a more relaxed daily rhythm than NYC while still providing:

Vibrant nightlife
Award-winning restaurants
Live music and arts
Outdoor parks & recreation

You get the cultural energy of a major city without the constant feeling of overcrowding.

Cost of Living

While prices vary by neighborhood, most new residents note immediate savings in:

Rent
Childcare
Parking
Dining out
Gym memberships: There are plenty of gyms that have recently opened in Philadelphia, including the popular New York gym, Equinox.

Groceries and essentials

Quality of Housing

Compared to older, smaller NYC buildings, Philadelphia offers:

Newer construction
Modern amenities
Energy-efficient utilities
Stylish interior finishes
Rooftop lounges & coworking spaces

PhillyLiving Management Group manages properties throughout Philadelphia that match a wide range of lifestyles.

What NYC Residents Love Most About Moving to Philadelphia

“I Finally Feel Like I Can Live Instead of Just Survive.”

This is the most common sentiment we hear. Here’s what new residents frequently tell us:

“I have time again.”
“I can actually afford the things I enjoy.”
“I feel calmer here.”
“I’m more connected to my community.”
“I love coming home at the end of the day.”

A More Balanced Urban Lifestyle

In Philadelphia, work, home life, and social life blend more comfortably.

You can:

Walk to a coffee shop and not wait 30 minutes
Get into well-known restaurants more easily
Enjoy parks that aren’t overcrowded
Actually know your neighbors

It’s a city that feels large, accessible, and human in scale.

Thinking About Making the Move? We’re Here to Help

PhillyLiving Management Group has helped countless new residents—from NYC and beyond—find the right apartment and the right neighborhood. Our team can:

Provide neighborhood insights
Source a list of properties that fit your lifestyle
Offer virtual tours for long-distance movers
Assist with smooth transitions and easy move-ins with our complimentary Moving Concierge Service
Support you through the application and leasing process

Ready to Explore Your New Life in Philadelphia?

Moving cities is a big decision—but it doesn’t have to be stressful. Philadelphia offers everything people love about city living, without the overwhelming cost or pace of larger metro areas.

Take your time. Explore the neighborhoods. Compare your options. And when you’re ready to see what’s possible, PhillyLiving Management Group is ready to help.

DIY Landlord vs. Hiring a Property Manager in Philadelphia

Thu, 09 Oct 2025 19:16:22 GMT

DIY Landlord vs. Hiring a Property Manager in Philadelphia

Whether you’re new to real estate or have owned investment properties for years, one major decision you’ll face is whether to act as a DIY (do it yourself) landlord or to hire a professional property manager . Both options have pros and cons, but knowing which one is best for you can make all the difference for your peace of mind, tenant satisfaction, and profitability.

At PhillyLiving Management Group , we’ve helped countless property owners in Center City and the surrounding neighborhoods navigate this choice. Here's a breakdown of what to consider, and how the right support can help your rental business thrive.

1. Time Commitment: How Much Are You Willing to Invest?

Being a Landlord is a Full-Time Job

Managing a rental property involves far more than just collecting rent. You’ll be handling tenant screening, maintenance calls at all hours, lease enforcement, and legal compliance.

If you’re managing more than one unit or don’t live near your property, the time burden multiplies quickly. Plus, if you aren’t local to Philly, you may not be familiar with trusted vendors for maintenance repairs.

A Property Manager Handles It All

A professional property manager like PhillyLiving Management Group takes on the day-to-day workload so you don’t have to. From tenant communication to emergency repairs, your investment is protected—and your time is freed up.

2. Legal Knowledge and Risk Management

DIY Landlords Must Stay Legally Compliant

Philadelphia has its own set of landlord-tenant laws. DIY landlords are expected to know and follow local rental regulations, licensing requirements, and eviction procedures. Landlords who fail to comply can come across costly fines or lawsuits.

Check out our Guide to Philadelphia Rental Law to see how complex local regulations can be.

Property Managers Stay Up-to-Date on Local Laws

A licensed property manager has extensive knowledge of Philadelphia rental laws and ensures your property stays compliant. That means fewer legal headaches and more confidence in your rental business.

3. Tenant Screening and Retention

DIY Approach: You’re on Your Own

Finding a qualified tenant takes time and skill. Background checks, credit history, references, and employment verification all require due diligence—and even then, there’s a risk of selecting a problematic renter.

Property Managers Use Proven Screening Processes

At PLMG, our advanced tenant screening software helps to reduce turnover, minimize late payments, and protect your property. Our local market expertise enables us to implement a consistent, compliant screening process that supports stable tenancies and positive rental experiences.

Have questions about the rental process? Our Renters Resource Guide can show you how we communicate clearly with residents, something DIY landlords often struggle with.

4. Maintenance and Emergency Repairs

Can You Handle 2 AM Plumbing Calls?

One of the most stressful parts of being a landlord is handling emergency maintenance. If your tenant’s heat goes out in January or the toilet floods at midnight, you need to be ready to act. You are almost never off the clock. Maybe you are someone who loves DIY projects, but will you love them at 2 a.m. on a Sunday before the Birds game? I think not.

Property Managers Have Reliable Maintenance Teams

PhillyLiving Management works with a vetted network of licensed and dependable contractors who provide high-quality service. We take care of scheduling and oversight so you don’t have to worry about managing repairs or chasing down vendors.

Looking for a smooth move-in process for you and your residents? Read our Stress-Free Move-In Guide to see how we handle every detail from day one.

5. Property Performance and Peace of Mind

DIY Landlords Often Miss Optimization Opportunities

You could be underpricing your property, overspending on repairs, or missing renewal opportunities simply because you’re stretched too thin. When you handle pricing on your own, it’s easy to overlook shifting market trends, and this can cost you.

Property Managers Maximize ROI

Our expert team provides strategic rental pricing, detailed property inspections, and fast leasing to reduce vacancy rates. Backed by a network of experienced agents who know the Philadelphia market inside and out, we analyze neighborhood comps and market trends to ensure your property is priced competitively and positioned for success. Most importantly, we’re invested in your success.

Don't just take our word for it—read our reviews on Google and see how other Philadelphia property owners feel about working with us.

Final Thoughts: Should You Go DIY or Hire a Property Manager in Philadelphia?

If you're looking to save time, reduce stress, avoid legal trouble, and boost your rental income, hiring a professional property manager in Philadelphia is the smart choice. At PhillyLiving Management Group , we provide full-service property management with a local touch—and our growing list of happy clients speaks for itself.

Ready to stop being a DIY landlord and start maximizing your investment? Contact us today or explore our client testimonials on Google Reviews .

Multi-Family Owners in Philadelphia: Avoid these Mistakes

Wed, 17 Sep 2025 15:01:17 GMT

Multi-Family Owners in Philadelphia: Avoid these Mistakes

Owning a multifamily property in Philadelphia can be a profitable investment, but it also comes with unique challenges. Many landlords unintentionally make costly mistakes that lead to high turnover, property damage, and financial stress. To avoid these pitfalls, consider hiring a property management company to keep your properties running smoothly.

With over 40 years of experience and a trusted reputation , PhillyLiving Management Group has managed properties ranging from 4-unit buildings to communities with over 100 units . Whether your property is in Washington Square, Fitler Square, Old City, Fairmount, or another Center City neighborhood , our team is committed to helping you avoid the most common mistakes owners make.

Tenant Screening Done Wrong

One of the biggest mistakes landlords make is rushing to fill vacancies without proper screening. Choosing tenants without checking credit, income, and rental history often leads to missed rent payments or disruptive behavior. That’s why PLMG relies on strict screening criteria, ensuring that only qualified tenants move in. This helps reduce turnover and protects your property.

At our managed properties, our screening criteria are as follows:

Credit Score of 650 or above
Income at least 3x the monthly rent
No Criminal Record
No Eviction History

If a co-signer is needed, the screening criteria are as follows:

Credit Score of 650 or above
Income at least 6x the monthly rent
No Criminal Record
No Eviction History

Quick Communication and Maintenance Repairs

Unanswered calls and delayed repairs are among the top frustrations for tenants. For property owners, this often means higher turnover and negative reviews. At PLMG, we remove that burden by providing a 24/7 emergency maintenance line and a user-friendly online portal where residents can submit requests and track updates in real time. Our trusted contractors respond quickly and professionally, ensuring every issue is handled promptly and efficiently.

But great property management goes beyond fixing repairs. Building strong tenant relationships takes time, consistency, and communication - something that can be overwhelming for owners to manage alone. That’s where we come in. With an experienced full-service team, PLMG handles everything from maintenance coordination to resident communication, keeping your tenants satisfied and loyal while freeing you to focus on your investment without the daily stress.

Pricing Without Market Insight

Many landlords struggle with pricing their units correctly in today’s rental market. Set the rent too high, and vacancies linger; set it too low, and you lose valuable income. At PLMG, our team of licensed real estate professionals leverages deep knowledge of Center City and surrounding Philadelphia neighborhoods to ensure your property ispricedright. Through detailed market analyses and access to real-time data on comparable rentals, we position your units competitively—maximizing occupancy while protecting your bottom line.

Overlooking Compliance and Regulations

Philadelphia has strict rental laws, licensing requirements, and fair housing regulations that many owners may not be aware of. Failing to address these details can result in fines, lawsuits, or even suspension of the rental license. PLMG stays ahead of regulatory changes and keeps you informed of all compliance matters, helping you avoid costly mistakes and stay protected.

Why Choose PhillyLiving Management Group?

At PhillyLiving Management Group, we offer full-service management services to multi-family owners up to 100 units. Our team takes on the daily responsibilities: leasing, advertising, maintenance, accounting, and tenant relations—so owners can focus on the bigger picture. For those who prefer to self-manage, we also provide standalone leasing services to help secure qualified tenants quickly.

This past spring, the owners of a 40+ unit luxury apartment building turned to us after struggling with high vacancy rates. We assigned one of our real estate agents experienced in the Philadelphia rental market to the property. The agent identified that renewal pricing was set too high for the current market. What worked last summer no longer aligned with this year’s demand. By adjusting rates and offering concessions, we helped the owners pivot their strategy. The result? Over 15 new leases have been signed in just a short time.

Sometimes, all it takes is the right guidance, and that’s what we’re here for.

If you are considering learning more about our management services, please complete this form , and we will be in touch!

A Guide to Condo Association & HOA Management in Philadelphia

Wed, 17 Sep 2025 14:56:05 GMT

Your Guide to Condo Association & HOA Management

Managing a condo association or homeowners association (HOA) in Philadelphia comes with several unique challenges. From balancing budgets and enforcing bylaws to overseeing maintenance, board members often find themselves stretched thin. That’s where professional association management makes all the difference.

Suppose you serve on an executive board in Philadelphia. In that case, this guide will help you understand the responsibilities of effective association management and why partnering with a management company such as PhillyLiving Management Group (PLMG) could be a smart move for your community.

What Does a Condo Association or HOA Management Company Do?

A professional management company serves as the operational backbone of your association, handling the day-to-day details so members can focus on long-term planning and community goals.

Key responsibilities include:

Financial Management : Budgeting, collecting dues, preparing financial statements, and ensuring your association’s finances remain transparent and fiscally healthy
Maintenance & Vendor Oversight : Coordinating repairs and handling preventative maintenance in the common areas of your property, utilizing a network of trusted vendors. PhillyLiving Management Group has an Emergency Maintenance team available 24/7.
Resident Communication : Serving as the point of contact for homeowners, fielding questions, and resolving disputes.

Compliance & Governance : Helping communities navigate Philadelphia regulations, condo bylaws, and ensure appropriate insurance coverage.

Why Philadelphia Associations Need Professional Management

Philadelphia is a city full of unique residential communities - from historic brownstones in Rittenhouse Square to modern high-rises in Northern Liberties, and everything in between.

Board members often volunteer their time, but without professional support, challenges can pile up. Here are some common issues that associations face:

Rising maintenance expenses are driving up condo and HOA fees
Difficulty enforcing rules consistently
Confusing local regulations
Disagreements between residents

A real-world example shows how impactful professional management can be. At a Washington Square condo association, the common areas were long overdue for painting, but the board had no reserves to cover the cost. PLMG stepped in with a clear financial plan, instituted a special assessment while keeping residents informed every step of the way. Thanks to our guidance, the project was fully funded, and the work was completed. Residents now enjoy refreshed spaces that boost both pride of ownership and property values.

Benefits of Hiring PhillyLiving Management Group

For over 40 years, PhillyLiving Management Group has been trusted by more than 120 condo associations and HOAs across Philadelphia , overseeing nearly 3,000 units . Our team understands the complexities of managing communities in Center City and beyond.

Here’s what sets us apart:

Local Expertise – Deep knowledge of Philadelphia neighborhoods, building styles, and city regulations.
Full-Service Support – Accounting, compliance, maintenance coordination, resident communication, and more
Technology & Transparency – User-friendly online portals for payments, maintenance requests, and board reports.
Dedicated Team – A full staff of experienced managers, accounting professionals, and maintenance coordinators to ensure your community runs smoothly

Proven Results – Our focus on clear communication and timely action keeps residents happy and communities thriving. Check out our reviews.

Is It Time to Hire a Condo or HOA Management Company?

If your association is facing frequent disagreements, falling behind on maintenance, or struggling to keep up with financial reporting, it may be time to bring in a professional. Even the most dedicated board members can benefit from the expertise and resources of a management partner.

Contact us today to schedule a consultation and see how PLMG can help your community.

Navigating Condo Renovations in Philadelphia: What You Can and Cannot Do

Tue, 19 Aug 2025 18:56:49 GMT

Understanding Condo Rules and Regulations

At PhillyLiving Management Group, we work with more than 120 condominium associations and HOAs in Center City and the surrounding areas , giving us first-hand experience navigating the unique rules and regulations that come with condo living. Renovating a condominium can be an excellent way to enhance your space, increase property value, and make your unit truly your own.

Unlike single-family homes, condo renovations must follow specific guidelines set by your association and the city. These rules, often outlined in the condo's Covenants, Conditions, and Restrictions , dictate what changes you can make to your unit. In this post, we’ll share what’s allowed, what’s not, and how our expertise can help ensure your renovations go smoothly.

Review Your Governing Documents

Before making any decisions regarding your unit renovations, refer to your condo’s Declaration, Bylaws, and Rules & Regulations (CC&Rs) to learn what you can and cannot do in your community. These documents govern everything from scope of changes to approval processes. Understanding them is essential for smooth sailing.

Secure Board Approval

Gaining approval from your condo board is a crucial step before any renovation. Failing to obtain proper approval can lead to halted projects, fines, or mandatory restoration to the original condition at your expense.

The process typically involves:

Submitting Plans: Detailed renovation plans, including scope of work, timelines, and contractor information.
Review and Feedback: The board reviews the plans, providing feedback or requesting adjustments.
Approval: Once approved, you can proceed with your renovation, adhering to any conditions set by the board.

What's Typically Not Allowed (Without Approval & Permits)

Structural Changes:

Allowed: Cosmetic upgrades such as interior painting, new flooring, and kitchen or bathroom remodels (within certain limits). Philadelphia’s historic buildings may also require specific materials or techniques for interior upgrades.

Not Allowed: Major structural changes that affect the building’s integrity, such as moving load-bearing walls or altering plumbing and electrical systems without prior approval. Philadelphia’s building codes and historic preservation requirements may also limit certain modifications.

Exterior Modifications:

Allowed: Minor alterations such as adding planters, personal decor, or outdoor furniture to a balcony or patio.

Not Allowed: Changes that affect the exterior look of the building, like changing balcony railings, installing satellite dishes without permission, or altering the roof structure. This is especially stringent in historic districts like Old City.

Common Areas:

Allowed: Small personal touches like doormats or a decorative items on or outside your door can be permitted if they comply with your community’s rules and don’t obstruct walkways.

Not Allowed: Any modifications or renovations in shared spaces, such as hallways, lobbies, or recreational areas, without unanimous consent from the condo association.

Noise & Work Hours:

While the City of Philadelphia permits construction and renovation work to begin as early as 7:00 AM Monday–Friday and 8:00 AM on weekends , condo associations are allowed to establish stricter internal rules to protect the quality of life for residents. Many associations limit noisy work to certain daytime hours, restrict weekend construction altogether, or require advance notice for particularly disruptive repairs. These policies are outlined in the association’s governing documents and are enforceable even if they are more restrictive than the city’s baseline requirements. If you’re planning a renovation or hiring a contractor, it’s important to review your association’s rules in addition to the city code to ensure full compliance.

Tips on Hiring Contractors

To ensure quality work and protect yourself from liability, you should research contractors and ensure they are licensed and insured before hiring them.

Check Credentials: Verify licenses and insurance.
Read Reviews: Look at past customer experiences.
Get Multiple Quotes: Compare pricing and scope to ensure you’re getting a fair deal.

A Successful Condo Renovation Story

One of our clients at Lawrence Court in Northern Liberties experienced both the challenges and rewards renovating his condo. After discovering leaking stucco and significant water damage to the lumber, a full replacement of a two-story exterior wall was required. Rather than just repair the damage, the owner took the opportunity to convert their loft into a true four-wall bedroom, complete with a new closet and other cosmetic upgrades.

Their contractor submitted detailed renovation plans, including window modifications, to the condo board for approval. Once approved, the licensed contractor completed the work in full compliance with association regulations. The result was a new, functional bedroom that enhanced the condo owner's living space while adhering to all condo requirements, turning this unexpected repair into a successful renovation. PhillyLiving Management Group was available every step of the way for guidance and support through the process.

Conclusion

Renovating a condo in Philadelphia requires a careful balance of creativity, adherence to rules, and thorough planning. By understanding what you can and cannot do, obtaining necessary approvals, and hiring reputable contractors, you can ensure a successful renovation process that enhances your living space and adds value to your property.

If you’re considering a condo renovation and need expert guidance, PhillyLiving Management Group is here to help. Learn more about our management services here .

From Search to Keys: Navigating the Rental Process with Ease

Mon, 18 Aug 2025 17:55:37 GMT

Rent with PhillyLiving Management Group

Whether you’re a first time renter in Philly or have rented many times before, understanding the steps involved in securing your ideal home is crucial. At PhillyLiving Management Group , our mission is to make your rental journey as seamless as possible. From the initial search process to move-in day, we’re committed to guiding you through each step of the rental process, offering valuable insights, tips, and expert guidance.

So if you are ready to start your rental search with us, check out the steps below!

Discuss your needs:

Communicate your rental requirements, including budget, location, and property preferences. Your agent will also need to know important details, such as whether you have pets, require parking, or have lease term restrictions.

Property search:

Your agent will search for properties that match your criteria. They will then schedule showings for the properties you are interested in touring. Our team has access to all available listings in Philadelphia and even off-market properties. You can view PhillyLiving Management Group listings here , and you can see some featured listings that we have to offer. We suggest starting your search about 60-90 days out from your ideal move-in date.

Attend Showings:

Your agent will guide you through properties and can answer your questions about the key features and neighborhood. Philadelphia has a diverse selection of neighborhoods so understanding which one is best suited for your needs is important. PhillyLiving Management Group has helped renters in Center City and surrounding neighborhoods for over 30 years.

Application:

When you find your ideal rental in Philadelphia, you’ll need to complete a rental application. Most applications require a fee, PhillyLiving Management Group applications are $60. You will also have to submit proof of income, a valid form of identification, residential history, and sometimes landlord references. The landlord will often do a credit check. For properties that we manage and lease, our minimal credit requirements are 650 or higher and a monthly income of at least three times the rent. If these criteria are not met, applicants can apply with a qualified co-sign, who must earn at least six times the monthly rent.

Lease Agreement:

Review the lease carefully with your agent to ensure it aligns with your expectations. Your agent can communicate with the landlord or property manager any questions and negotiate rental terms on your behalf.

Deposit and fees:

Typically first month’s rent is due at lease signing as a deposit to hold the apartment. Last month’s rent and security deposit are due soon after lease execution depending on the requirements of the landlord. Make sure other costs such as utilities and water (if applicable) are outlined in your lease so you know what you are responsible for.

Before Move-In:

Obtain renters insurance if required by the landlord and activate your utilities under your name before picking up the keys.

Move-in:

Pick up your keys and don’t forget to do a move-in inspection to document the property’s condition and provide it to the landlord or property manager to have on file.

Our rockstar agent, Cristy Michaels, shares expert tips on the essential steps to prepare you for moving in after you find your dream rental. To get in touch with an agent directly, contact us.

Get ready for a smooth transition to your new home!

Renter’s Resource: Answers to Your Top FAQs

Sun, 10 Aug 2025 15:17:26 GMT

Renter’s Resource: Answers to Your Top FAQs

Renting a home or apartment in Philadelphia can be both exciting and daunting, especially if you’re new to the process. Whether you’re a first-time or seasoned renter, there are always questions that come up along the way. In this blog post, we’ll address some of the most frequently asked questions by renters, providing guidance to help you navigate the rental landscape with confidence. If you are looking for a rental in the Philadelphia area, we’d love to assist you! We have years of experience working with renters in in the Center City area and surrounding neighborhoods. If you need help finding your dream home, contact us or check out our available listings here.

1. How much rent can I afford?

Determining how much rent you can afford is crucial for maintaining financial stability. A common rule of thumb is to spend no more than 30% of your gross monthly income on rent. It’s also important to take into account other expenses such as utilities, cable and wifi, renters insurance, and moving costs.

2. What documents do I need to rent a property?

Landlords in and around Philadelphia typically require:

Proof of income, such as pay stubs or tax returns
Income verification
Bank statements
References from previous landlords
Employment verification
A copy of your ID
A completed rental application.

3. What is a security deposit, and how much is it?

A security deposit is a sum of money paid upfront to the landlord to cover any damages beyond normal wear and tear. The amount varies, it can be as low as $500 or as high as two months of rent for some landlords. At PhillyLiving Management Group our security deposits are typically equal to one month’s rent, but there are situations where additional money is required. Be sure to review the terms of the lease regarding the security deposit to understand when and how it will be returned to you after your tenancy.

4. What are some steps I can take to increase the chances of getting my security deposit returned?

All leases and companies have different vacating policies, please be sure to receive this information from your landlord. Before handing in your keys, here are some general tips you can follow from PhillyLiving Management Group’s real estate agent, Cristy Michaels to help you get your security deposit back.

5. How do I request repairs from my landlord?

If something in your rental home needs repairs, it’s important to notify your landlord promptly. Many of the homes in Philadelphia date back to the 1800s. With that, there are some common issues like AC repairs or drafty windows so these are items that the landlord will be required to repair. Most leases outline the procedure for submitting repair requests. At PhillyLiving Management Group, residents can easily request a repair through an online portal. We have a maintenance team available 24/7 for any emergencies.

6. Can my landlord increase the rent?

There are no city laws limiting how much landlords can increase rent at renewal, however they must provide property notice as outlined in the lease agreement. At PhillyLiving Management Group we notify current tenants at 90 days before the end of the lease term, and residents will have 30 days to respond. Learn more in this video from our agent, Roy Duna.

7. What is subletting? Am I allowed to sublet my rental unit?

Subletting is when a tenant rents out all or part of their rental unit to another person. At PhillyLiving Management Group do not allow tenants to sublease, however we do allow a lease takeover if you need to end your lease early. In a lease takeover, a renter hands off the responsibilities that come with their lease to a new tenant. While it can be a tedious process, finding someone to take over a lease is a promising way to get out of a lease.

8. What happens if I break my lease?

Breaking a lease can have financial and legal consequences. Review your lease agreement to understand the terms and conditions for early termination. In some cases, you may be required to pay a penalty or forfeit your security deposit. Make sure you communicate with your landlord or property manager as this varies case by case.

9. What utilities am I responsible for?

The utilities renters are responsible for can vary depending on the terms outlined in their lease agreement. Typically, renters are responsible for paying for electricity, gas, water, and sometimes trash removal. However, it’s essential for renters to carefully review their lease agreement, as it can differ from one rental property to another.

Conclusion:

PhillyLiving Management Group is known for its honesty, reliability, and making sure our tenants are happy. We keep things straightforward, respond quickly to maintenance needs, and have fair policies. With us, you can rent with confidence, knowing we’ve got your back every step of the way.

About the Author:

Jamie Golden has been a licensed Pennsylvania agent since 2007. After advancing into rentals and sales with various brokers throughout the years, her experience landed her at PhillyLiving Management Group in 2019. The company’s impressive Philadelphia portfolio is overseen by Jamie exclusively. Leading a team of high volume producers, tenant and owner relationships, along listing management, are amongst her strong suits.

What to Look for in a Lease-Up Partner

Tue, 22 Jul 2025 16:14:04 GMT

Guide To Lease-Up Strategy

Leasing up a new property—whether it's a newly constructed apartment complex or a recently renovated rental building is one of the most critical phases in any real estate investment. A successful lease-up strategy in the Philadelphia market can establish a solid foundation for long-term occupancy, stable cash flow, and high tenant retention rates. That’s why choosing the right lease-up partner is essential.

If you’re a property owner in Center City, Philadelphia, and you are preparing to bring units to market, this guide will help you understand what to look for in a lease-up partner—and how the right leasing team can hit the ground running and optimize your ROI from day one. PhillyLiving Management Group offers lease-up services to help you accomplish your goals. Choosing the right partner is a daunting task, so the goal is to be well-informed enough to make the right selection.

Why the Lease-Up Phase Is So Important

The lease-up phase isn’t just about filling vacancies; it’s about building momentum. When executed well, this phase can:

Establish strong market positioning
Reduce vacancy losses
Attract qualified tenants quickly
Set rental rates that match market demand

A strong lease-up partner is your boots-on-the-ground team to make that happen.

Key Qualities of an Effective Lease-Up Partner

1. Local Market Expertise

Your lease-up partner should possess in-depth knowledge of your local rental market, including neighborhood trends, seasonal leasing cycles, and competitive pricing strategies. They should be able to recommend pricing strategies that reflect demand and adjust quickly if needed.

At PhillyLiving Management Group , our team of licensed real estate agents help hundreds of renters each year and are extremely knowledgeable about the local rental market in neighborhoods like Rittenhouse Square, Old City, Washington Square, Graduate Hospital, South Philly, Northern Liberties, and other Center City neighborhoods. Learn more about our leasing services.

2. Robust Marketing Capabilities

An effective lease-up partner doesn't wait for renters to come to them. They should offer:

Professional listing photography
Compelling listing descriptions
Syndication to top listing platforms (MLS, Zillow, Apartments.com, Trulia, Rent.com,etc.,)
Social media promotions
Email marketing to an extensive database of clients and local agents
Virtual tours and video walkthroughs

Visibility is everything during a lease-up. The more eyes on your property, the faster you lease. At PhillyLiving Management Group, our Marketing Manager regularly posts video tours of properties on Instagram and Tiktok, often boosting them to reach a wider local audience.

3. Qualified Tenant Screening

Filling units fast is important, but it’s crucial to find well-qualified tenants. Your lease-up partner should provide:

Comprehensive background checks: This will ensure tenants have no criminal record or eviction history
Credit and income verification: If you are a resident of PhillyLiving Management Group, you will be asked to provide your most current pay stubs within the last 30 days AND 60 days of bank statements OR the most current W-2. Typically, most properties require that an applicant’s gross income is at least 3x the monthly rent amount
Rental history review: PhillyLiving Management Group asks for 3 years of history as well as contact information for references
Compliance with local landlord-tenant laws

This ensures that tenants are responsible, creditworthy, and likely to renew, reducing costly turnover.

4. Leasing Process & Technology

Today’s renters expect speed and convenience. Look for a partner who uses technology to streamline the process:

Online applications: When you apply to a property listed with PLMG, you can submit all information digitally through our software called Appfolio
Digital lease signing: PhillyLiving Management Group also
Automated communications
Real-time availability updates

Efficient systems can significantly shorten the lease-up timeline and enhance the renter experience.

5. Transparent Reporting & Communication

You should never feel left in the dark. A strong lease-up partner keeps you updated with:

Frequent leasing reports detailing the number of showings and leases signed
Feedback from showings
Market conditions and rent adjustment advice

Look for someone who is responsive, proactive, and provides honest feedback to help you improve your performance and reach full occupancy.

Why Choose PhillyLiving as Your Lease-Up Partner?

At PhillyLiving Property Management , we offer lease-up services for properties of all sizes across Center City, Philadelphia. Our team combines hyper-local expertise with data-driven strategies and modern tools to lease your units more quickly and efficiently.

Lease-ups small or large, we’ll provide the personalized attention and professional marketing your property deserves. We successfully leased up 171 W. Berks Street, a 28-unit rental building in Norris Square developed by Scannapieco Development in 2021. After a successful initial lease up, the client kept our team on staff for additional rounds of turnovers.

Here’s what Michael Scannapieco, the CEO of the company, had to say about working with PLMG:

“We had a great experience working with PhillyLiving during the lease-up and their management of 171 W. Berks. They are strong problem solvers, and their experience enables them to effectively navigate complex issues.”

In addition to leasing up 171 W. Berks, we were lease-up partners of 500 South Street in Queen Village and are currently leasing 1128 Walnut Street in Washington Square.

See how our leasing services can support your next project.

FAQs About Lease-Up Partnerships

What is a lease-up partner?

A lease-up partner is a company or leasing agent responsible for marketing and leasing out units during the initial launch of a rental property. Their goal is to maximize occupancy in the shortest time while maintaining tenant quality.

How long should the lease-up phase take?

It varies by property and market conditions, but an effective lease-up strategy should aim to lease the majority of units within 3 to 12 months of going to market.

Do I need a lease-up partner if I only have a few units?

Even for smaller properties, a professional lease-up partner can help reduce vacancies, accurately price units, and ensure the presence of qualified tenants, saving you time and stress. PhillyLiving Management Group works with clients who have buildings of all sizes.

How does PhillyLiving Management Group advertise rental properties?

We list your units on the most trafficked rental platforms such as the MLS, Zillow, Rent.com, promote them through our network of current residents and Philadelphia agents, and create eye-catching marketing materials, including professional photos and virtual tours. We also promote listings via social media and email marketing.

Is there a fee for lease-up services?

Yes, lease-up services typically involve a leasing fee, which equals 1 month's rent. Contact us for specific rates.

Final Thoughts

The lease-up phase is your property's first impression—and first impressions matter. A trusted lease-up partner can help you avoid costly delays, minimize risk, and start your investment journey on the right foot.

Ready to lease up your property? Submit this form .

Summer Maintenance Tips for Renters in Philadelphia

Fri, 20 Jun 2025 12:32:48 GMT

Stay Cool, Safe, and Prepared

Summer in Philadelphia means rooftop season, longer days, and more time spent enjoying the parks and everything the city has to offer. But it also brings heat, humidity, and a few risks to be aware of in your apartment. Whether you're new to one of our managed units or a long-time resident, these summer maintenance tips for renters will help you keep your home in great shape all season long.

1. Stay Ahead of A/C Issues

Nothing is worse than a broken air conditioner on an extremely hot summer day. If your A/C isn’t working properly, submit a maintenance request as soon possible, we have a 24/7 emergency maintenance line. If your apartment has a filter-based HVAC system and you are responsible for changing the filter, make sure you swap it out every 3 months. These details will be outlined in your lease.

Here are some simple tips that can help you keep your space cooler and save on energy costs:

Close the blinds during the hottest time of the day or when you leave the house to keep it cool
Keep your air conditioning on “auto” rather than turning it off and on when you leave and return home
If you have ceiling fans, set them to run counterclockwise to circulate air

2. Check for Moisture and Leaks

Summer storms in Philly can lead to unexpected leaks. Keep an eye out for:

Water near windows, ceilings, and under sinks
Signs of mold or damp odor

If you notice anything unusual, submit a maintenance request right away. Even minor leaks can cause long-term damage.

3. Practice Pest Prevention

Warmer weather brings out the creepy crawlers! Keep bugs and rodents away by:

Sealing up food tightly
Make sure to take your trash out, if you are leaving outside, make sure it is secured or in a covered trash can

Reporting any sightings to management ASAP

4. Grilling Safety

If you have access to a private, ground-level outdoor area, you're welcome to use a grill! All other renters who live in homes managed by PhillyLiving Management Group are prohibited from having grills on balconies and roofdecks.

For ground-level renters, please follow these important safety guidelines:

Keep grills at least 3 feet away from the building to prevent fire hazards
Use grills responsibly and never leave them unattended
Always clean your grill after use to avoid attracting rodents or pests
Get renters insurance —it’s strongly recommended and protects your belongings in case of fire or other accidents

5. Private Yards

If your home has private yard or outdoor space, it's your responsibility as the tenant to keep it clean, weeded, and well-maintained throughout your lease. However, if you live in a building with a shared yard, our team or the property owner will handle routine upkeep and landscaping so you can enjoy the space without the added responsibility.

The Transformation of 13th Street

elaylon@gmail.com (Eric Laylon) — Tue, 03 Jun 2025 20:01:12 GMT

13th Street: From Historic Corridor to Thriving Hub

Early History of 13th Street

Philadelphia’s 13th Street tells the story of the city’s transformation. Once just a simple corridor during the industrial boom, it faced decline as the city’s manufacturing base collapsed in the mid-20th century. Many businesses suffered and so did the economy. Just like the city, which faced near-bankruptcy in the 1970s, 13th Street made a comeback by embracing tourism, business, and community revitalization. Now, it’s a lively neighborhood, showcasing Philadelphia’s development and resilience.

The Redevelopment of 13th Street

The turnaround for 13th Street was kickstarted in the early 2000s as part of a broader city-led urban redevelopment plan aimed at restoring Philadelphia’s downtown core. Campaigns like “Get Your History Straight and Your Nightlife Gay” in 2004 highlighted Philadelphia’s dual embrace of its rich history and its vibrant, inclusive future. 13th Street, in particular, became a focal point of this transformation, highlighted by the installation of 36 rainbow street signs in 2007, eventually growing to a total of 72 throughout the neighborhood.

A portion of 13th Street in Philadelphia’s Gayborhood has been renamed for Jeff Guaracino, the 48-year-old CEO of Visit Philadelphia, who died in December of 2021. (Emma Lee/WHYY)

A crucial aspect of the area’s revival was striking the right balance between historic preservation and modern development. Original buildings were lovingly restored, preserving their architectural charm while introducing contemporary amenities and attractions. With standout restaurants like Barbuzzo , Bud & Marilyn’s , and Sampan , 13th Street has become a culinary hotspot that food lovers can’t miss.

The Philadelphia Gayborhood

13th Street has long been a safe and welcoming space for the LGBTQ+ community, known as the “Gayborhood.” For decades, it has served as a great neighborhood for individuals seeking an inclusive environment. The recent revitalization of 13th Street has not only enhanced this sense of community but also brought greater visibility to the area, attracting a broader and more diverse audience. As new businesses, restaurants, and venues have flourished, the Gayborhood has become a vibrant cultural hub, celebrated for its inclusivity and central role in Philadelphia’s urban identity. Iconic spots like Woody’s , which has been a cornerstone of LGBTQ+ nightlife since the 1980s, continue to draw locals and visitors alike, reinforcing the street’s long-standing reputation as a place of unity and celebration. Today, 13th Street continues to thrive as a symbol of unity and acceptance, welcoming all who visit.

Transportation and the 13th Street Bike Lane Project

As 13th Street has evolved, its role as a key transportation route has grown. One of the most recent developments is the 13th Street Bike Lane Project , which reflects the city’s broader commitment to safety and sustainability. These dedicated bike lanes, which run from South Street to Spring Garden Street, have been crucial in making the area more accessible and safer for cyclists, especially in the wake of rising concerns about bike safety in urban environments. Recent updates to the project include additional protections like flexible bollards and clearer signage, aligning with Philadelphia’s goals of reducing traffic congestion, improving pedestrian safety, and encouraging eco-friendly transportation options.

Looking Forward: A Model for Urban Main Street Development

As we look to the future, 13th Street continues to play a key role in Philadelphia’s ongoing efforts to foster community-driven development. With its vibrant mix of local businesses, historical significance, and modern infrastructure, 13th Street stands as a testament to what can be achieved through thoughtful planning and investment.

A bout PhillyLiving Management Group:

PhillyLiving Management Group is a second-generation, family-owned business, established in 1982 and led by Matt Bremner. Today, the company serves community associations, individual investors, banks, municipalities, as well as large portfolio managers, and investment syndications. PhillyLiving Management Group has a proven ability to turn around rental investments and solve operational problems. The team is committed to minimizing vacancies, improving cash flow, strengthening investments, and maintaining the facilities of condos & HOAs throughout the city of Philadelphia.

Contact PhillyLiving Management Group today to see how we can support your property management and real estate goals.

Can’t Sell Your Property?

elaylon@gmail.com (Eric Laylon) — Thu, 29 May 2025 19:50:18 GMT

Why Leasing-Only Services Might Be the Smart Move in Philadelphia

If you’ve been trying to sell your Philadelphia property with little success, you’re not alone. The market is not always favorable to sellers, and holding on to a vacant home can become a financial responsibility. The good news is— there is an alternative option.

At PhillyLiving Management Group , we help property owners like you turn that unsold listing into a rental income-producing asset, without requiring a full-service management agreement . Our leasing-only service is the perfect solution for landlords who want to self-manage their investment but need help finding and placing a qualified tenant.

The Additional Costs of a Vacant Home in Today’s Market

Every month your property sits vacant, you’re losing money, and not just potential rent. There are additional carrying costs such as:

Property taxes and insurance
Utility bills and lawn care
Ongoing maintenance and deterioration

Rather than watching your property sit idle, you can generate income through a smart leasing strategy.

What Is a Leasing-Only Service?

A Flexible Solution for Hands-On Landlords

Not every landlord wants a full-service property management company. Many owners prefer to manage day-to-day operations themselves but struggle with marketing, showings, and tenant screening . That’s where leasing-only services come in.

At PhillyLiving Management Group, we handle the upfront work, so you don’t have to.

We Handle the Heavy Lifting Upfront

 Marketing your home across all the top rental platforms. When you list your property with us, we’ll advertise it on the MLS, Zillow, our website, social media, and other search websites.

Hosting showings with prospective tenants
Screening applicants using rigorous background checks
Preparing and executing lease agreements and providing compliance documents required by the City of Philadelphia

Once the lease is signed, you step in as the landlord , with the peace of mind that you’ve got a qualified, vetted tenant.

Why Landlords Trust PhillyLiving Management Group

Deep Market Experience in Philadelphia

Our team of expert real estate agents have years of experience in the Center City, Philadelphia, rental market. Whether your property is in Rittenhouse Square, Old City, Washington Square, Fairmount, Northern Liberties, or other nearby neighborhoods, we know what local renters are looking for–and what your property is truly worth.

Over the years, owners of multi-unit buildings like 212 Brown Street (American Lofts) , 500 South Street, 1128 Walnut Street , and 1200 Walnut Street have trusted us to lease their properties. Check out our reviews to hear what our clients have to say.

Marketing That Fills Vacancies Faster

Our leasing strategy includes:

Compelling photos and a detailed description that beautifully showcase your property
Listing exposure top platforms like Zillow, HotPads, Rent.com , and ApartmentGuide.com
Expert pricing designed by market trends to reduce days on market and maximize your home’s value in comparison to surrounding competition

Rigorous Tenant Screening You Can Trust

We don’t take shortcuts. Every tenant we place in your property goes through a comprehensive screening process that includes:

Credit checks
Income verification
Employment and rental history
Criminal background checks

We protect your investment by placing qualified, reliable renters in your properties.

Keep Control, Without the Chaos

Leasing-only services let you stay in the driver’s seat . You’ll be the point of contact for your tenants after move-in, while we ensure that you’re set up with a lease, legal compliance, and someone you can trust in your unit.

When Selling Doesn’t Work, Leasing Is a Strategic Pivot

Still want to sell? Leasing your property can be an effective, temporary solution while the market stabilizes. With a qualified tenant and favorable lease terms, you’ll earn income, keep your property maintained, and have the ability to re-list it for sale later from a position of strength.

When revisiting options at the end of a lease term, be sure to consult with your real estate agent at PhillyLiving Management Group .

Ready to Lease Your Home? Let’s Get Started.

If you're ready to stop waiting and start earning, PhillyLiving Management Group is here to help.

Contact Us Today
See examples of our active listings on our Available Rentals Page
Learn more about our Leasing-Only Services

Let’s work together to turn your unsold property into a smart, income-generating asset !

Discovering Philadelphia’s Historic Properties Managed by PLMG

elaylon@gmail.com (Eric Laylon) — Wed, 07 May 2025 19:55:46 GMT

A Unique Piece of the City’s History

PhillyLiving Management Group takes pride in overseeing a diverse portfolio of over 120 condominium associations across the city, each with its own unique charm and history. We've highlighted some of these communities on our Instagram in a series called “Condo of the Month.” If you’ve missed these, don’t fret! We’ve highlighted some of our favorites below.

Believe it or not, some of these Philadelphia communities have been under our meticulous care for over a decade and, in some cases, two decades. We are dedicated to maintaining their beauty through comprehensive services, including upkeep of common areas, snow removal, landscaping, financial and budget management, and participation in board meetings. Our goal has always been to ensure a positive living experience for all. To learn more about our condo management services, see here .

View Some of Our Local Philadelphia Properties

Chandler Place

The history of Chandler Place is extremely interesting! This Philadelphia property is a magnificent mansion that has a history dating back to 1903 when it was built by distinguished architect Theophilus Chandler as a family home for Alexander Mackay-Smith, bishop of Pennsylvania’s Episcopal Church, from 1902 to 1911. The bishop suffered poor health while living there and, soon after, died in the residence.

Fast forward to 1980, another architecture luminary, Otto Spur, turned this stately mansion into the prestigious 10-unit condominium we know today as Chandler Place. Spur’s expertise enhanced the property’s luxurious appeal, marrying historic charm with modern comforts.

Portico Row

Did you know that 922 Spruce Street on Portico Row was once home to Sarah Josepha Hale ? Hale was best known as the poet of the beloved nursery rhyme, “Mary Had a Little Lamb.” She was also a prominent advocate for establishing Thanksgiving as a national holiday. Check out this video!

Over the last 20 years, PhillyLiving Management Group has overseen several Philadelphia properties on Portico Row, including 900 Spruce, 904 Spruce, 908-910 Spruce, and 924 Spruce. These brick homes, dating back to the 19th century, were designed by esteemed Philadelphia architect Thomas Ustick Walter in 1832. Walter also worked on the U.S. Capitol dome. The row’s most distinctive features are its grand, two-story porticoes, supported by stately ionic columns. Today, Portico Row remains a well-preserved piece of the city’s past. The houses were documented by the Historic American Buildings Survey in 1975 and added to the National Register of Historic Places in 1977.

Musical Fund Hall

Another condo association we are proud to highlight is Musical Hall Fund. For ten years, we’ve overseen this property, and we’re excited to give you a taste of its history.

Standing at 802-810 Locust Street, The Musical Fund Hall was built in 1824 by the Musical Fund Society to support musical culture in Philadelphia. Designed by architect William Strickland, who also worked on the Tennessee State Capitol, the hall began as a Presbyterian Church before being transformed into a performance venue. It hosted renowned artists like Beethoven, Jenny Lind, and Franz Liszt, and in 1856, it even served as the site of the first national Republican Party convention.

By 1908, the hall had shifted focus to social and athletic events such as boxing and a cigar lounge. In 1981 the building began to deteriorate and part of the roof collapsed. Thankfully, a developer converted the property into condominiums, and today it is listed on the National Register of Historic Places.

915 Bainbridge Street

915 Bainbridge street is a three-story red brick building in Bella Vista that is also in the National Register of Historic Places! We’ve managed this property for about 10 years, maintaining the common areas and ensuring smooth operations.

Originally, it was The Institute for Colored Youth, the nation’s first higher education institution for African Americans, founded in 1866 by Quaker philanthropist Richard Humphreys. The institute provided education in academics, mechanics, and agriculture. Many notable scholars and civil rights activists attended the institution. In 1902, the institute moved to Cheney, PA, and the building became the Samuel J. Randall Public School until after World War II. The building was later converted into condominiums. Fun fact: Sabina Palermo on our team recently sold a lofted unit in this building, check it out here.

Artist Lofts

The Artist Lofts is another Bella Vista condo community that we manage and it stands at 700 S. 10th Street. Originally built in 1920 as a cigar factory, the building was transformed into lofts in 1984. The units feature 15′ ceilings, wooden beams, and open floor plans. The lofts earned their name due to their popularity among artists, with some units even serving as dedicated artist studios

Most notably, the Artist Lofts was featured in the 1993 Academy Award winning film “Philadelphia” starring Tom Hanks; his character lived in one of the units. This film was based on a true story – Tom Hanks plays a successful Philadelphia lawyer who was fired from work after his firm discovered he was gay and had AIDS. This film was the first Hollywood, big-budget project to address the issue of aids in the U.S. and it signaled a shift in realistic depictions of the LGBTQ community.

We hope you found this interesting – we sure do! If you’d like to learn more about our management services or any of these remarkable properties, please don’t hesitate to reach out by completing this form . We look forward to sharing more of Philadelphia’s historic gems with you on Instagram – be sure to follow us!

Trinity Style Homes in Philadelphia

elaylon@gmail.com (Eric Laylon) — Wed, 02 Apr 2025 14:07:19 GMT

A Unique Piece of the City’s History

The Trinity House, a hallmark of Philadelphia’s architectural history, dates back to the 17th century. These compact, three-story homes feature one room per floor connected by narrow, winding staircases.

Another notable example of a trinity is the Letitia Street House . Built in 1715, it was once believed to have housed William Penn’s family. Although larger than a typical Trinity house, it shares the vertical, space-efficient design that later defined Trinity homes in neighborhoods like Society Hill and Queen Village. Originally located along the Delaware River, the Letitia Street House was later moved and recently restored; it can now be found in West Fairmount Park next to the Philadelphia Zoo.

Design & Layout

The design and layout of the Trinity house reflect the space-conscious needs of early Philadelphia residents, making efficient use of small urban lots. With one room per floor, the ground floor often serves as a kitchen or entry area, while the upper levels house a living space and a bedroom. Despite their compact size, Trinity houses offer a cozy, intimate living experience, with features like exposed wooden beams, brick walls, and fireplaces that add character.

Modern Trinity Living

Properly restored Trinity houses retain their signature vertical layout, with original features like exposed brick walls, hardwood floors, and restored fireplaces. Kitchens are typically updated with sleek cabinetry and stainless steel appliances. You’ll also find that many original trinity staircases are enhanced with wrought iron railings or polished wood steps.

Renovated Trinity homes make efficient use of space, transforming upper floors into comfortable bedrooms and updated bathrooms with walk-in showers or soaking tubs. Many include outdoor spaces like cozy courtyards or rooftop decks. This thoughtful balance between preservation and modernization allows Trinity houses to maintain their historical essence while offering the comforts and style suited to today’s living.

Conclusion

Trinity houses are a distinctive part of Philadelphia’s history. We are proud to have listed many trinity homes for rent and for sale. If you are interested in experiencing the charm that trinities offer, please contact us.

Property Management Q&A with Matt Bremner

elaylon@gmail.com (Eric Laylon) — Mon, 17 Mar 2025 18:35:04 GMT

Q uestions & Answers with Matt Bremner

Introduction

Becoming a landlord in Philadelphia can present opportunities and challenges. If you’re managing properties yourself or considering professional help, understanding the nuances of property management can impact your success. PhillyLiving Management Group stands out as a leading choice for landlords and tenants. We offer a blend of expertise, dedication, and personalized services . In this interview, Matt Bremner , President of PhillyLiving Management Group, shares his insights on property management, addressing common concerns and showcasing the benefits of our comprehensive services.

Benefits for Landlords

Q: What makes property management so important for landlords in Philadelphia?

Matt Bremner: Property management is the backbone of a successful real estate investment. We take care of everything from tenant screening to maintenance, ensuring landlords can enjoy passive income without experiencing daily hassles. Our team’s expertise allows us to handle issues promptly, maintain high occupancy rates, and ensure properties comply with local regulations. It’s about maximizing your investment while minimizing stress.

Q: How does PhillyLiving Management Group differentiate itself from other property management companies?

Matt Bremner: Our people make the difference. Many of our employees have been with us for over 25 years, and we’ve built long-standing relationships with contractors who know our properties inside out. We’re a second-generation family business, so we understand the value of treating clients like family. Our comprehensive services, combined with our commitment to client satisfaction, set us apart.

Q: Can you share an example of how your team has turned around a challenging property?

Matt Bremner: Absolutely. We had a client with an underperforming multi-unit property. The occupancy rate was low, and the building needed significant maintenance. Our team stepped in, assessed the issues, and implemented a targeted strategy. We upgraded the units and improved exposure by executing a strong social media and email marketing strategy, and within six months, we had the property fully leased. This turnaround boosted the property’s profitability and value.

Q: What role does financial management play in your services?

Matt Bremner: Financial management is critical. We use Appfolio, a robust platform that provides full transparency to landlords and helps us manage everything from rent collection to expense tracking. It’s especially beneficial for landlords who struggle with financial organization. Our finance team ensures that income and expenses are balanced to maximize profitability.

Conclusion

Navigating the responsibilities of being a landlord in Philadelphia can be complex, but with the right partner, it doesn’t have to be. PhillyLiving Management Group offers expertise, dedication, and a personalized approach to property management. Whether you’re dealing with tenant issues, maintenance, or financial management, we have the solutions to ensure your property is profitable and well-maintained.

For more information or to discuss how we can help you manage your rental properties, contact PhillyLiving Management Group today.

About Matt Bremner

Matt Bremner is the President of PhillyLiving Management Group and a driving force behind the company’s success. With a background in both real estate and business management, Matt brings a wealth of knowledge and experience to the table. He has a passion for helping landlords maximize their investment potential while providing top-notch service to tenants. Known for his quick wit and down-to-earth approach, Matt excels in solving problems and ensuring that clients’ properties are managed efficiently and effectively. When he’s not leading his team, Matt enjoys traveling, skiing, finding new restaurants, photography, and spending time with his family.

A Stress Free Move: Your Guide To Settling Into Your New Apartment

elaylon@gmail.com (Eric Laylon) — Thu, 27 Feb 2025 22:29:57 GMT

A Stress-Free Move:

Your Guide to Settling into a New Apartment

At PhillyLiving Management Group, we work with hundreds of renters a year. While moving can be exciting, it’s easy to feel overwhelmed by all the tasks needed to settle into a new home. To help you navigate this process with ease, we’ve put together a handy checklist

1. Give notice

When moving out of your current rental, you’ll need to give your landlord proper notice to vacate. At PhillyLiving Management Group we send lease renewals to our tenants at least 90 days before their lease end date. The tenant must give notice of non-renewal in writing within at least sixty days before their lease ends or else the lease will automatically renew. Typically most other buildings and landlords in Philadelphia require 30-60 days notice, but it is always best to check your lease agreement.

If you are considering buying a home, it’s important to start planning early. Our sales agent, Sabina Palermo , suggests talking to a loan officer right away or at least 4 or 5 months before your lease ends.

2. Schedule movers or rent a moving truck

If you are moving yourself, you’ll want to call companies such as UHaul or Enterprise to rent a truck for your move. If you’d rather hire movers, it’s best to call a few local companies in the area to collect quotes and find the best deal. Renters who are moving into a PhillyLiving Management listing have an opportunity to sign up for our moving concierge .

Once your move is scheduled, you’ll want to reserve a time slot for elevator access at your current and new apartments.

3. Declutter and Organize

The more organized you are, the easier the move will be! You’ll first want to start by going through your clothes and items – consolidating, donating, or selling them. Consider getting rid of things that you do not use or need any longer. It’s also a smart idea to make a simple inventory list of important items so you know what you have and won’t lose anything during your move.

4. Pack Smart

With scheduling your move and decluttering done, the next step on your checklist is packing. You’ll want to get packing supplies – Amazon sells moving kits that come with boxes, tape, bubble wrap, and more! If you need more boxes, check the trash rooms in your buildings or ask around town at grocery stores and local retailers. Once you pack the boxes, clearly label each of them noting which items are stored. This will make it easier for you to unpack! Pack jewelry, electronics, and other valuable items in a separate bag that you’ll bring with you to your new home.

5. Clean Your Old Apartment

In order to get your security deposit back, you’ll want to leave your old apartment in a good condition. While all leases and companies have different vacating policies, here are some general tips you can follow to increase your chances of getting your full security deposit back.

6. Transfer your utilities and services

Contact your utility, cable and internet service providers and transfer them to your new apartment. If you are moving to a new city, you’ll also want to cancel your gym membership or any other local services that you use.

7. Update your address

File for mail forwarding through USPS. Also get in touch with your insurance carrier, phone provider, and bank to update your address and avoid missing important pieces of mail.

8. Move-in day

Congratulations on moving into your new home! Before settling in, complete a move-inspection noting the condition of the property. Taking the time to perform a detailed inspection can save you from potential disputes over damages or issues that may arise during your stay. Here are some things to note:

Condition of the walls: scratches, dents, or marks
Inspect floors for any stains or damage to carpet or hardwood
Test doors and windows to ensure they open, close, and lock properly
Check appliances for functionality and any visible issues.

9. Unpack and Familiarize Yourself

Welcome home! Unpack room by room, starting with the essentials. Focus on setting up your bedroom and kitchen first. Introduce yourself to your neighbors. Building a sense of community can enhance your living experience. In case of an emergency you should also familiarize yourself with emergency exits, fire extinguisher locations, and any other safety features in your new apartment. Walk around the neighborhood to locate your local necessities including grocery stores, convenience stores, dry cleaners, and more.

Moving to a new apartment is a significant life change, and with careful planning and organization, you can turn it into a positive experience. By following these steps, you’ll be well on your way to creating a comfortable and welcoming home in your new space. If you are renting with PhillyLiving Management Group, we hope you will renew your lease. To find a new rental click here and our team will be in touch with you!

About PhillyLiving Management Group:

How Much Do Property Managers Charge? Understanding The Process

elaylon@gmail.com (Eric Laylon) — Mon, 10 Feb 2025 14:05:05 GMT

How Much Do Property Managers Charge?

Key Takeaways:

Property management fees generally range from the monthly rent.
Additional charges may apply for services like leasing, maintenance, or evictions.
It’s important to understand the total cost of services included in property management fees.

Introduction

Property management services play a crucial role in the real estate industry, especially for landlords who own multiple properties or who are looking to manage their investments more efficiently. PhillyLiving Management Group is here to help! But when it comes to hiring a property manager, a common question arises: How much do property managers charge?

Property management fees typically range from 5% to 10% of the monthly rent. This is dependent on the rent roll, portfolio size, and property condition. If you’re a landlord considering property management services, understanding the breakdown of these fees is essential for making an informed decision.

This article will dive into the different pricing models, services included in property management fees, and key factors that can affect how much you’ll pay. Keep reading to find out what you can expect when hiring a property manager.

What is Property Management and Why Do You Need It?

Definition of Property Management

Property management involves overseeing the daily operations of rental properties. Property managers handle everything from marketing the property, screening tenants, collecting rent, conducting maintenance, and addressing legal concerns. They help make the life of a landlord much easier by managing the day-to-day tasks that come with rental ownership.

Why You Might Need a Property Manager

If you’re a busy landlord, managing your property can be time-consuming, especially if you have multiple units or live far from the property. Property management companies can provide peace of mind by handling tenant issues, ensuring your property is well-maintained, and maximizing your rental income.

Types of Property Management Services and Their Costs

Full-Service Property Management

A full-service property management company handles all aspects of property management, including tenant placement, maintenance, rent collection, and tenant relations. These companies provide a comprehensive solution for landlords who want a hands-off experience.

What does a full-service property manager offer?
Marketing your property, tenant screening, lease agreements, maintenance, rent collection, and more.
Costs for full-service property management:
Full-service property management typically charges a percentage of the monthly rent, usually between 5% to 10%. However, this percentage can vary based on rent roll, portfolio size, and property condition.

Leasing Only Property Management

Leasing-only services are for landlords who prefer to manage the property themselves but need help with tenant placement and leasing.

What is leasing-only property management?
Leasing-only services cover advertising, showing, and tenant screening. The landlord will handle the rest once a qualified tenant has signed a lease.
Cost breakdown for leasing-only services:
Leasing fees typically range from 50% to 100% of the first month’s rent. This service is ideal for landlords who want to remain involved but need assistance with tenant placement.

Common Property Management Fee Structures

Percentage-Based Fees

The most common fee structure is based on a percentage of the monthly rent.

Percentage of monthly rent:
Property management fees usually fall between 5% to 10% of monthly rent
Factors that influence rates:
Property size, number of units, condition of the property, rent roll, and whether you require additional services

Flat Fees

Some property management companies charge a flat fee instead of a percentage of rent. This can work well for landlords who want predictable costs.

Flat-fee pricing structure:
Typically, flat fees can range from $100 to $300 per month, depending on the services’ complexity.
Benefits and drawbacks of flat fees:
The main advantage of flat fees is that you know exactly how much you’ll pay each month. However, they may not always be cost-effective for larger or more expensive properties.

Property Management for Apartments

Property management fees for apartments are usually based on the rent roll or the number of units in the building. Property managers often apply a sliding scale, where the higher the rent roll, the lower the percentage fee charged.

What to expect for apartments:
The fee is typically calculated as a percentage of the total rent roll or based on the number of units in the building. In cases where the rent roll is large, property managers often offer lower fees to accommodate larger-scale operations.
Leasing Fees:
Property managers typically charge one full month’s rent for apartment buildings for leasing services, especially if they need to co-broker with other agents to find tenants.
Why proximity and rent familiarity matter:
Property managers first assess whether they are a good fit for apartment management by evaluating the local rental market. If they are familiar with the rental prices in the area, they are more likely to offer a competitive and effective service. Additionally, property managers prefer properties within a portfolio proximity for operational efficiency.

Property Management for Condos

Property management for condominiums can be slightly different than for other types of properties due to the specific dynamics of condo buildings. Several factors influence the pricing and the management approach for condos.

Number of Units:
The number of units in a condo building is a key factor. Smaller buildings may have more personalized management, while larger buildings may require more administrative work.
Building Age and Type:
Whether the building is new or old can affect management fees. New buildings often have fewer issues and may require less frequent maintenance, while older buildings may need more attention, impacting the cost.
Building Funding and Turnover:
Property managers may charge a lower fee if the building is being funded properly and has a solid financial base as less risk is involved. However, if the building is still being turned over by the declarant (the person or entity selling the units), management fees may be higher due to increased responsibilities.

Additional Costs in Property Management

Maintenance and Repair Fees

Most property managers charge landlords for maintenance and repairs. These costs are often passed on to tenants, but landlords should be aware of potential out-of-pocket expenses.

How much do property managers charge for maintenance?
Maintenance fees can vary based on the severity of repairs or services required. Some companies charge an additional 10% to 20% markup on maintenance bills.

Leasing and Advertising Fees

Property managers often charge additional fees for advertising your rental property and leasing services.

Are there extra fees for advertising or tenant placement?
Leasing and advertising fees typically cost 50% to 100% of the first month’s rent , which can cover costs such as listing the property, showing the unit, and screening tenants.

Eviction Fees

If an eviction is necessary, the property manager typically handles the process, including court appearances and legal documentation.

What do property managers charge for eviction services?
Eviction fees can range from $500 to $2,000, depending on the complexity and whether legal representation is involved.

How Property Management Companies in Philly Set Their Fees

Understanding Philadelphia Property Management Fees

Property management fees in Philadelphia tend to align with national averages but can be higher due to the city’s competitive rental market. Urban markets often see higher fees due to the increased demand for rental properties and additional regulations.

Comparison with other major cities:
Property managers in cities like New York or Los Angeles may charge a higher percentage, but Philly remains competitive for property managers.

How to Choose the Right Property Management Company

What to Look for in a Property Manager

Choosing the right property manager is crucial to maximizing the value of your investment.

Key factors when choosing a property management company:
Look for companies with experience, strong reviews, and a good reputation. A well-established property manager will likely offer more comprehensive services at competitive prices.

Questions to Ask About Property Management Fees

Before signing a contract with a property manager, ask these questions to ensure the fees are clear and transparent:

What services are included in the fee?
Are there any additional fees for maintenance, leasing, or evictions?
Is the fee percentage negotiable?

Video Resources on Property Management Costs

Frequently Asked Questions

1. What is the average property management fee in Philadelphia?

Property management fees in Philadelphia typically range from 5% to 10% of the monthly rent, depending on the property size and services offered.

2. Are property management fees tax-deductible?

Yes, property management fees are tax-deductible as a business expense, as long as they are necessary for the operation of your rental property.

3. Can I negotiate property management fees?

Yes, it is possible to negotiate fees with property management companies, especially if you are offering multiple properties or long-term contracts.

4. What is included in the management fee?

Most property management companies include tenant placement, rent collection, and maintenance coordination in their fees. Additional services like eviction handling or major repairs may incur extra costs.

Conclusion

At PhillyLiving Management Group, we aim to empower and support real estate investors and tenants through education and advocacy, reducing vacancies, optimizing portfolios, and cultivating long-term wealth. We provide clear, thorough, and honest communication with our customers and employees, resulting in peace of mind.

PhillyLiving Management Group is the property management division of PhillyLiving, led by Matt Bremner. It is a second-generation, family-owned business that began in 1982 when Bob Bremner started managing properties in Washington Square. Today, the company serves homeowners, individual investors, community associations, banks, municipalities, portfolio managers, and national institutions such as Freddie Mac and Fannie Mae. PhillyLiving Management Group has proven to turn around rental investments and solve operational problems. It has grown to 3,000 units under management around the Greater Philadelphia market.

For more information about property management in Philly , check out additional resources on PhillyLiving’s property management services .

Guide to Philadelphia Rental Law

Thu, 09 Jan 2025 04:37:39 GMT

Navigating the rental market in Philadelphia can be challenging for both landlords and tenants. Understanding the intricacies of Philadelphia's rental laws is essential for maintaining a harmonious landlord-tenant relationship and ensuring legal compliance. This guide provides an overview of the key aspects of landlord-tenant laws in Philadelphia, including eviction procedures, security deposit regulations, and rental property maintenance requirements. Whether you are a potential landlord or tenant, this comprehensive guide will help you understand your rights and responsibilities under Philadelphia rental law.

Benefits for Landlords

Philadelphia rental laws offer several benefits for landlords, ensuring their investments are protected and their properties are managed efficiently.

Lease Agreements : Clear and legally binding lease agreements help landlords protect their properties and define tenant responsibilities.
Eviction Procedures : Philadelphia’s structured eviction process ensures landlords can reclaim their property in cases of lease violations or non-payment of rent.

Security Deposits : Regulations regarding security deposits protect landlords from potential property damage and unpaid rent.
Tax Incentives : Landlords in Philadelphia may qualify for various tax incentives and deductions related to property maintenance and improvements.

Maintenance Requirements : Landlords must maintain their properties to a certain standard, ensuring tenant safety and property value retention.
Inspection Programs : Regular property inspections help landlords identify and address issues before they become significant problems.

Philadelphia’s rental laws are designed to protect tenants’ rights and ensure they have a safe and fair renting experience.

Tenant Rights

Right to Safe Housing : Tenants are entitled to live in habitable conditions with proper maintenance of essential utilities and safety features.
Protection from Unlawful Evictions : Laws protect tenants from being evicted without just cause and due process.

Financial Protections

Security Deposit Limits : There are limits on the amount landlords can charge for security deposits and rules for their return.
Rent Control : While not widespread, certain areas and properties may be subject to rent control measures, protecting tenants from exorbitant rent increases.

Dispute Resolution

Mediation Services : The city offers mediation services to help resolve disputes between landlords and tenants amicably.
Legal Resources : Various organizations provide legal assistance to tenants facing unfair treatment or eviction.

Key Aspects of Philadelphia Rental Law

Eviction Procedures

Eviction in Philadelphia is a regulated process that requires landlords to follow specific steps:

Notice to Quit : Landlords must provide a written notice to quit, giving tenants a chance to rectify the issue or vacate the property.
Filing a Complaint : If the tenant fails to comply, the landlord can file an eviction complaint with the Municipal Court.
Court Hearing : Both parties will attend a hearing where they can present their case.
Judgment : If the court rules in favor of the landlord, a judgment for possession is issued.
Order of Possession: A final notice is given, and if the tenant does not leave, the landlord can request a lockout by the court.

Security Deposit Regulations

Philadelphia has specific rules regarding security deposits:

Maximum Amount : The maximum security deposit a landlord can charge is equivalent to two months’ rent during the first year of tenancy.
Interest on Deposits : After the first year, landlords must pay interest on the security deposit annually.
Return of Deposit : The security deposit must be returned within 30 days after the tenant vacates, minus any legitimate deductions for damages.

Rental Property Maintenance

Landlords are required to maintain their rental properties to ensure they meet safety and health standards:

Housing Codes : Properties must comply with local housing codes, including proper sanitation, structural integrity, and functional utilities.
Repair Timeliness : Landlords must address repair requests promptly to maintain habitable living conditions.

Lead Paint Disclosure: Properties built before 1978 must be inspected for lead paint, and landlords must disclose any hazards to tenants.

Case Studies

Successful Utilization of Philadelphia Rental Laws

Case Study 1: Protecting Tenant Rights A tenant faced unlawful eviction after requesting necessary repairs. Utilizing local tenant protection laws and mediation services, the tenant was able to remain in their home while the landlord completed the required repairs.

Case Study 2: Landlord Securing Property A landlord discovered significant damage caused by a tenant. By following the proper eviction procedures and utilizing the security deposit regulations, the landlord successfully reclaimed the property and covered repair costs without legal disputes.

Addressing Common Challenges

Common Challenges and Solutions

Challenge 1: Non-Payment of Rent

Solution: Clear lease agreements and understanding eviction procedures can help landlords address non-payment issues efficiently.

Challenge 2: Maintenance Disputes

Solution: Regular property inspections and prompt repair responses can prevent disputes over property conditions.

Challenge 3: Security Deposit Disputes

Solution: Docum enting the property’s condition before move-in and after move-out helps clarify legitimate deductions from security deposits.

Understanding and adhering to Philadelphia rental laws is crucial for both landlords and tenants. These regulations provide a framework for fair and safe rental practices, ensuring a balanced relationship. Whether you’re a landlord seeking to protect your investment or a tenant wanting to secure your rights, knowledge of these laws is empowering.

For more personalized assistance and professional property management services, consider partnering with PhillyLiving Management Group. Our experts can guide you through every step of the rental process, ensuring compliance and peace of mind.

Jamie Golden, the author of this guide, is a seasoned property management professional dedicated to empowering landlords and tenants alike. With a wealth of experience and expertise, Jamie navigates the complexities of rental laws with finesse. Connect with Jamie to learn more about our property management services.

References

Philadelphia Code of Ordinances. (n.d.). Retrieved from https://www.phila.gov/phillycode/
Community Legal Services of Philadelphia. (n.d.). Tenants’ Rights Manual. Retrieved from https://clsphila.org/
Pennsylvania Landlord-Tenant Act. (1951). Retrieved from https://www.legis.state.pa.us/

Property Management Fees: A Comprehensive Guide

Thu, 09 Jan 2025 03:29:24 GMT

Key Takeaways:

Understand the factors influencing property management fees.
Learn about common fee structures used by property management companies.
Discover how to assess the value provided by property managers.
Gain insights into industry standards and how to find the right fit.

Introduction

Property management fees are crucial to hiring a professional to oversee your real estate investment. Whether you're a landlord or property owner, navigating the landscape of fees can be challenging. In this comprehensive guide, we'll delve into the intricacies of property management fees, providing insights, tips, and answering common questions to empower you in making informed decisions. PhillyLiving Management Group has over 30 years experience with local Philadelphia landlords and property owners. We offer a wide range of services that can help take the burden off of your shoulders when managing your property. We also want to develop a profitable working relationship and the following tips and pointers will highlight how we help our clients maximize their properties.

Factors Influencing Property Management Fees

Location Matters

One of the primary factors influencing property management fees is the property's location. Urban areas may have higher fees due to increased demand and operating costs. Philadelphia is a primary US market, and as such, fees will be determined by the area and neighborhood of your property.

Property Type and Size

Different fee structures often apply to residential and commercial properties. Additionally, the size of the property can impact the workload and, consequently, the fees. PhillyLiving Management Group works with almost all types of properties.

Services Included

Property management services can vary widely. Full-service management, which includes tasks like tenant screening and maintenance, may have higher fees compared to more basic services. One example is collecting rent. PhillyLiving Management Group has helped reduce the stress of rent collection by taking on this responsibility.

Check out our recent Instagram Reel highlighting our many services!

Common Fee Structures

Percentage of Rent

A prevalent fee structure is charging a percentage of the monthly rent. This typically ranges from 6% to 10%, but percentages can vary based on the property's specifics. We will work with you to determine the best solution for your property type. PhillyLiving Management Group works with many types of properties.

Single-Family Homes
Multi-Family Units
HOA & Condo Association Management
Investment Properties
& more!

Flat Fee

Some property management companies charge a flat fee, regardless of the rent amount. This can be advantageous for high-rent properties. In Philadelphia, there are many properties in highly desirable areas like Rittenhouse Square, Chestnut Hill, Center City, and more. A flat property management fee framework is likely best when assessing fee structures for these areas.

Tenant Placement Fee

When a property manager finds a new tenant, they might charge a one-time fee equivalent to a percentage of the first month's rent.

Assessing the Value Provided

Value-Added Services

Evaluate the additional services offered. Regular property inspections, online owner portals, and detailed financial reporting contribute to a property manager's overall value.

Reputation and Experience

Consider a property management company's reputation and experience in the industry. Client testimonials and reviews can provide valuable insights. PhillyLiving Management Group has over 300 reviews on Google . We have the experience, expertise, and reputation for excellent customer service.

For More Resources

For more information on property management best practices, check out Philly Living's guide to hiring the right property management company. To better understand the industry and standards, visit the website of the National Association of Residential Property Managers to learn more.

Frequently Asked Questions

Q: Are property management fees tax-deductible?

A: Yes, in many cases. Some or all of the property management fees can be deducted as a business expense. Consult with a tax professional for personalized advice.

Q: Can I manage my property to avoid fees?

A: Yes, but consider the trade-offs. Self-management can save money, but it requires time, effort, and expertise in dealing with tenants and property issues.

Q: How often are property management fees charged?

A: Fees are typically monthly. Most property management companies charge fees every month, aligned with rent collection.

Conclusion

Navigating property management fees is a crucial aspect of optimizing your real estate investment. By understanding the factors influencing fees, common structures, and how to assess value, you can make informed decisions that align with your property goals. Remember to negotiate, evaluate the overall value provided, and always consider industry standards. If you're interested in more insights, read through some of the most critical questions we encounter with our clients in our Q&A session with Matt Bremner , President of PhillyLiving Management Group.

Philly's Future: The Latest Urban Transformations

Wed, 08 Jan 2025 17:37:40 GMT

Introduction

In the ever-changing landscape of Philadelphia’s real estate market, staying informed about trends and developments is important for potential buyers and renters. This market report provides a comprehensive overview of recent market shifts, investment opportunities, and construction updates, aiming to equip you with valuable insights to make informed decisions.

General Trends in the Last Quarter

Over the past quarter, Philadelphia has experienced notable trends in real estate. The city continues to witness a surge in mixed-use developments, blending residential spaces with retail and commercial establishments. This trend is particularly evident in Center City and University City, where projects like East Market and Schuylkill Yards are transforming the urban landscape with modern amenities and vibrant community spaces. Additionally, there has been a growing focus on affordable housing initiatives, with several new projects underway in neighborhoods such as Northern Liberties and Point Breeze. These efforts aim to address the city’s housing needs while maintaining neighborhood diversity and accessibility.

Specific Projects in Philadelphia Neighborhoods

Center City : Over the past decade, National Real Estate Development has invested over $1 Billion to develop the eastern part of Center City, which runs between Market and Chestnut Streets from 11th and 12th. East Market stands as a prominent example of Philadelphia’s mixed-use development trend. This project integrates residential, retail, and office spaces to revitalize the eastern part of Center City. Here you'll find new luxury apartment buildings with contemporary finishes and amenities such as The Ludlow , The Girard , and The Collins . Additionally, East Market's proximity to the Philadelphia Convention center makes it a popular destination for tourists and people traveling for business. Notably, Roost , a newly opened hotel, provides apartment-style accommodations equipped with full kitchens and a rooftop pool, catering to those looking for an extended stay in the comforts of a home. Other developments include a $400 million medical office for Thomas Jefferson University, a 200-car underground parking garage, and a 220,000 square foot Class A office building.

University City: Located adjacent to 30th Street Station in University City is Schuylkill Yards , a 14-acre mixed-use development for innovation, business and community. Once completed, this project will consist of green parks, research facilities, high-rise apartments, and retail spaces. Drexel Square, at 30th and Market Street, opened to the public in June 2019. Today, this 1.3-acre park sits at the center of Schuylkill Yards, making a great place to take a yoga class or just enjoy the outdoors. Other completed office and life science spaces here include 3000 Market, B. Labs at Cira Centre, and 3025 JFK Blvd., For future projects, be sure to check out this timeline .

Piazza Alta : Piazza Alta, a development by Post Brothers, is a significant addition to the Northern Liberties neighborhood in Philadelphia. It stands among Piazza Navona and Piazza Montesino, two other buildings by the same developer. Piazza Alta introduces 695 residential units ranging from studios to four-bedroom apartments and includes luxury penthouse options. It also offers extensive fitness and recovery facilities, co-working spaces, lounges, and a variety of communal amenities like pool decks, and fitness centers. The Toll Brothers have even added 37,000 square feet of retail space beneath the newly completed Piazza Alta residences, featuring a mix of shops and restaurants.

Navy Yard : The Navy Yard's new master plan involves the groundbreaking of AVE Navy Yard, a $285 million mixed-use development set to open in 2025. This project will feature 614 residential units, 75,000 square feet of private amenity spaces, and 25,000 square feet of retail space. The development aims to create a vibrant live-work-play community, emphasizing inclusivity with affordable housing options and extensive amenities. For more details, visit the Navy Yard blog .

Prediction of Trends for the Next Quarter

Looking ahead, several trends are poised to shape Philadelphia’s real estate landscape in the upcoming quarter. Suburban neighborhoods such as Ardmore and Bryn Mawr are expected to see increased interest due to their proximity to urban amenities and commuter-friendly infrastructure. Developers will continue to prioritize sustainability, integrating green building practices into new constructions. Moreover, anticipated policy changes at the state level could influence housing affordability and development regulations across Philadelphia.

Conclusion

In conclusion, staying informed about market trends, investment opportunities, and construction updates is pivotal for making sound real estate decisions in Philadelphia. Whether you are considering buying or renting, partnering with a knowledgeable real estate agency like PhillyLiving Management Group can provide you with expert guidance tailored to your needs.

For personalized insights into Philadelphia’s real estate market or to explore available properties, contact PhillyLiving Management Group today.

philly-living-management

How to Amend a Condo Declaration in Pennsylvania

A Step-by-Step Guide for Condo Associations

1. Review the Current Declaration and Governing Law

2. Draft the Amendment Properly

3. Obtain Owner Approval

4. Obtain Lender / Mortgagee Consent (If Required)

6. Update Association Documents

Why This Process Matters ﻿

Understanding Unit Plats and Floor Plans

Final Thoughts for Condo Boards

Philadelphia Rental Property Investment Strategy

How Smart Investors Win in Today’s Market

What Is a Rental Property Investment Strategy?

Step 1: Define Your Investment Goals (Philadelphia-Specific)

Cash Flow vs. Appreciation in Philadelphia

Step 2: Choose the Right Philadelphia Neighborhood

Key Philly Investment Areas to Watch

Step 3: Select the Right Property Type

Step 4: Run the Numbers (The Right Way)

Step 5: Build a Consistent Deal Pipeline

Step 6: Think Long-Term (Not Short-Term Wins)

Common Mistakes Philadelphia Investors Should Avoid

1. Chasing Appreciation Without Cash Flow

2. Choosing the Wrong Neighborhood

3. Underestimating Expenses

4. Managing Everything Yourself

Why Property Management Is Part of the Strategy

PhillyLiving’s Approach to Rental Property Strategy

Build a Smarter Investment Strategy in Philadelphia

Philadelphia Property Management in a Changing Market

Featured Industry Insight

What This Article Covers

Why This Matters for Property Owners

Our Take: Opportunity in the Disruption

Want Help Navigating the Philadelphia Rental Market?

PECO Electricity Rates Rising 27% June 1

How Philadelphia Tenants Can Lower Their Energy Costs

PECO Electricity Rates Are Rising — What Philadelphia Tenants Should Know

How PECO Electric Bills Work

Pennsylvania Allows You to Shop for Electricity Suppliers

Why Electricity Rates Are Increasing

Our Goal: Helping Philadelphia Tenants Stay Informed

Pennsylvania Condominium Governance Explained

A Guide for Condo Board Members

The Governing Document Hierarchy in Pennsylvania Condominiums

The Declaration (Master Deed): The Highest Authority

When Is a Declaration Amendment Required?

The Bylaws: How the Association Conducts Business

When Are Bylaws Amended?

Rules and Regulations: Managing Day-to-Day Community Operations

When Is a Rule Amendment Appropriate?

Why Proper Condominium Governance Reduces Risk

How Professional Condo Management Supports Board Governance

Understanding Condo Insurance Coverage

What Owners and Associations Need to Know

What Is a Condo Association Master Insurance Policy?

Where Unit Owner Responsibility Typically Applies

Why an HO-6 Policy Is Important for Condo Owners and Landlords

Insurance Coverage Is Not One-Size-Fits-All

A Proactive Approach to Risk Management

Ready to Talk About How We Can Help?

How to Find a Good Property Management Company in Philadelphia | PhillyLiving

A Complete Guide for Philadelphia Property Owners

Why Choosing a Good Property Management Company Matters

Step 1 — Define What You Need

Step 2 — Start With Local Expertise

Step 3 — Evaluate Reputation and Reviews

Step 4 — Interview Potential Property Managers

Step 5 — Compare Service Offerings and Fees

Step 6 — Look for Transparency and Technology

How PhillyLiving Management Group Fits the Bill

Ready to Talk About Property Management?

Managing Small Associations in Philadelphia

Big Challenges, Smart Solutions

Financial Pressure Is Real

Maintenance in an Older City

Neighbor Dynamics

Local Rules, Real Impact

The Upside

Why This Process Matters